Common use of Exclusivity Period Clause in Contracts

Exclusivity Period. Subject to Section 3.5, the field of use and exclusivity limitations set forth in Sections 3.1 and 3.2.1 shall take effect upon the Original SLA Effective Date and will remain in force until [**] (the “Exclusivity Period”). Thereafter, subject to Section 2.2, the CBOT shall be permitted to make any futures and options products available for trading via the Licensed Technology on a non-exclusive basis. For the avoidance of doubt, preparatory work up to the date on which products are made available for trading in the live market undertaken within the Exclusivity Period will not constitute a breach of the field of use or exclusivity limitations of Sections 3.1, 3.2 or 3.3. CONFIDENTIAL INFORMATION REDACTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION. OMITTED PORTIONS INDICATED BY [**]. Confidential Treatment Requested by CBOT Holdings, Inc.

Appears in 3 contracts

Samples: Software License Agreement (Cbot Holdings Inc), Software License Agreement (Cbot Holdings Inc), Software License Agreement (Cbot Holdings Inc)

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Exclusivity Period. Subject to Section 3.5, the field of use and exclusivity limitations set forth in Sections 3.1 and 3.2.1 shall take effect upon the Original SLA Effective Date and will remain in force until [**] (the "Exclusivity Period"). Thereafter, subject to Section 2.2, the CBOT shall be permitted to make any futures and options products available for trading via the Licensed Technology on a non-exclusive basis. For the avoidance of doubt, preparatory work up to the date on which products are made available for trading in the live market undertaken within the Exclusivity Period will not constitute a breach of the field of use or exclusivity limitations of Sections 3.1, 3.2 or 3.3. CONFIDENTIAL INFORMATION REDACTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION. OMITTED PORTIONS INDICATED BY [**]. Confidential Treatment Requested by CBOT Holdings, Inc..

Appears in 2 contracts

Samples: Software License Agreement (Cbot Holdings Inc), Software License Agreement (Cbot Holdings Inc)

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