Common use of Future Opportunities Clause in Contracts

Future Opportunities. Except as provided in 12.1.2, if AOLA -------------------- or AOLB desires to partner (including with respect to offering, branding, Co-Branding, marketing or promoting Non- ISP Products) with a Financial Institution other than Itau with respect to Non-ISP Products in the Territory, except marketing or promotion of the AOLB Service and/or AOLB Network and Advertising on the AOLB Service and/or AOLB Network, AOLA or AOLB, as the case may be, shall approach Itau and discuss the opportunity for Itau to provide such products or services (e.g., an electronic wallet, an - - electronic credit card for making purchases on the Internet, a Co-Branded credit card, a secure online payment system) on mutually agreeable terms, subject to any agreements existing as of the Effective Date. AOLA and AOLB shall not close any such agreement with a third-party Financial Institution prior to talking with Itau. In the event AOLA or AOLB enters into an Agreement with another Financial Institution in the Territory pursuant to this Section 12.1.3 regarding the provision of a Non-ISP Product feature or functionality on the AOLB Network, AOLA and AOLB may promote such feature or functionality with or without the other Financial Institution's brand name or logo: (a) in any manner online other than on the Covered Pages, and (b) in offline media and general advertisements and promotions for AOLA and AOLB products and services, provided that any advertisements and promotions by AOLA or AOLB primarily for such feature or functionality may not include the other Financial Institution's brand name or logo.

Appears in 3 contracts

Sources: Strategic Interactive Services and Marketing Agreement (America Online Latin America Inc), Strategic Interactive Services and Marketing Agreement (America Online Latin America Inc), Strategic Interactive Services and Marketing Agreement (America Online Latin America Inc)