Common use of Beta Releases Clause in Contracts

Beta Releases. The parties acknowledge that this Agreement shall serve as the basis of a strategic technology partnership between Teijin and PMSI, for as long as the JV Company continues to be jointly owned by Teijin and PMSI, whereby Teijin shall receive beta releases from PMSI regarding future products of PMSI at the same time as such releases are made available to other strategic technology partners of PMSI. PMSI agrees to provide such beta releases to Teijin as described in the preceding sentence, and agrees that no end user in Japan shall receive software products from PMSI earlier than the same is received by Teijin (if Teijin so elects to receive such software products).