Common use of Future Opportunities Clause in Contracts

Future Opportunities. The parties agree to explore and evaluate, in each party's sole discretion, the feasibility and desirability of certain future joint business opportunities which may include but are not limited to the opportunities described on the attached SCHEDULE D; provided, however, that neither party shall have any obligation to proceed with or expend any funds in relation to such future opportunities. In the event the parties agree to proceed with one or more future business opportunities, the parties will enter into a written agreement relating to such business endeavor, on terms reasonably acceptable to each party. Nothing in this provision precludes either party from exploring such future opportunities alone or with other entities provided that each party shall comply with its all of its obligations under this Agreement.