Common use of Additional Opportunities Clause in Contracts

Additional Opportunities. (a) Mosaic will have discussions in advance of the market release of new products and services with Cargill to set sales targets. If Cargill has the ability to satisfy reasonable sales and growth objectives pertaining to volume and geography set by Mosaic for the new product then Cargill will have a minimum two year exclusivity on the sales of this product in Ontario and Western Canada. (b) If The Mosaic Company is looking for a commercial partner for projects in which Cargill holds expertise, the parties shall discuss these opportunities. Likewise, if Cargill is looking for a commercial partner for projects in which The Mosaic Company holds expertise, the parties shall discuss these opportunities. In either case, the proposal presented shall be confidential to the proponent thereof, not to be exploited by the recipient, except with the proponent’s prior written consent. (c) The parties will be deemed to have satisfied their obligations pursuant to this paragraph 8 by extending the treatment described in this paragraph, irrespective of whether the other accepts the opportunities offered to it.