Common use of Disposables Clause in Contracts

Disposables. The parties acknowledge that the proper use of the Product requires the use of disposable plastic ▇▇▇▇▇▇▇. CRII shall be responsible for obtaining the ▇▇▇▇▇▇▇ which will be provided to end users both on the initial unit purchase and thereafter re-supplied on an ongoing basis. CRII will be entitled to recoup the manufacturing cost for the ▇▇▇▇▇▇▇ less tooling for molds and the accumulated revenue loss from disposable sales, prior to the equal division of gross profits from the sales of ▇▇▇▇▇▇▇ which will be dispersed on a quarterly basis by CRII. CRII will have the exclusive rights to sell, market and manufacture the ▇▇▇▇▇▇▇.

Appears in 2 contracts

Sources: Agreement (Cell Robotics International Inc), Agreement (Cell Robotics International Inc)