Common use of Demonstration Product Clause in Contracts

Demonstration Product. Manufacturer and Marketer shall meet within --------------------- thirty (30) days from the Effective Date to develop by mutual agreement a program for Demonstration Product, whereby Manufacturer shall provide Demonstration Product to Marketer in order for Marketer's sales representatives to demonstrate the features and benefits of the Products to the end-user customer. Demonstration Product shall be supplied in accordance with a quarterly forecast (the "Demonstration Product Forecast"). If Marketer requires Demonstration Product in excess of the Demonstration Product Forecast, then Marketer must pay for each Demonstration Product the Transfer Price minus the Marketer Fee. Demonstration Product programs and Demonstration Product Forecasts shall be updated quarterly.

Appears in 3 contracts

Samples: Registration Rights Agreement (Retractable Technologies Inc), Registration Rights Agreement (Retractable Technologies Inc), Registration Rights Agreement (Retractable Technologies Inc)

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Demonstration Product. Manufacturer Developer and Marketer shall meet within --------------------- thirty (30) days from the Effective Date to develop by mutual agreement a program for Demonstration Product, whereby Manufacturer Developer shall provide Demonstration Product to Marketer in order for Marketer's sales representatives to demonstrate the features and benefits of the Products to the end-user customer. Demonstration Product shall be supplied in accordance with a quarterly forecast (the "Demonstration Product Forecast"). If Marketer requires Demonstration Product in excess of the Demonstration Product Forecast, then Marketer must pay for each Demonstration Product the Transfer Price minus the Marketer Fee. Demonstration Product programs and Demonstration Product Forecasts shall be updated quarterly.

Appears in 1 contract

Samples: National Marketing and Distribution Agreement (Maxxon Inc)

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