THE FAR EAST Sample Clauses

THE FAR EAST. If the opportunity to establish 34 manufacturing facilities for the production of Cable Wire in the Far East shall be identified by ASC or be offered to ASC by a third party, then ASC shall promptly notify Pirelli of such opportunity and, within sixty (60) days of such notification, Pirelli may elect to have such Cable Wire manufactured by a joint operation controlled by ASC in which ASC shall have a majority interest if permitted by law, and otherwise an interest greater than that of any other single participant, and in which Pirelli also shall have an interest. ASC shall have the right to sub-license the rights granted in Section 4.2 a. to such a manufacturing operation. Such sub-license shall be a royalty-bearing license and may include the right to use any Contract Technology licensed to ASC under Section 4.2 a. in the manufacture of Cable Wire. Such manufacturing operation shall sell such Cable Wire to third parties only for use in the domestic market of Japan, as provided in Section 4.2 a., or to Pirelli and Pirelli's Affiliates.
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