Future Products. Supplier shall offer to DISTRIBUTOR the right to be the exclusive distributor in the Territory of any and all future line extensions and products or components intended to be used with the Products or its components for alternative hemorrhoid treatment or feminine healthcare treatment (“Future Products”). At such time when Supplier wishes to distribute any Future Products in the Territory, it will offer the opportunity to DISTRIBUTOR and the Parties shall engage in good faith negotiations regarding the terms and conditions, including but not limited to pricing, pursuant to which the Distributor will have the right to distribute Future Products in the Territory. If after thirty (30) days the parties have been unable to reach an agreement and have acted in good faith, Supplier may enter into negotiations with third parties. If Supplier intends to enter into an agreement with a third party with respect to distribution of the Future Products in the Territory, it shall first offer to DISTRIBUTOR a right of first refusal with respect to such agreement. DISTRIBUTOR must exercise such right of first refusal within ten (10) business days after Supplier conveys the terms and conditions of such agreement. Notwithstanding anything to the contrary set forth in this Agreement, Distributor may not, directly or indirectly, sell or distribute, or take any actions to sell or distribute, Future Products outside of the Territory and does not have any right of first refusal with respect to the sale or distribution of Future Products outside the Territory.
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Sources: Distribution Agreement, Distribution Agreement (Synova Healthcare Group Inc)
Future Products. Supplier shall offer to DISTRIBUTOR the right to be the exclusive distributor in the Territory of any and all future line lines extensions and products or components intended to be used with the Products or its components for alternative hemorrhoid treatment or feminine healthcare treatment (“"Future Products”"). At such time when Supplier wishes to distribute any Future Products in the Territory, it will offer the opportunity to DISTRIBUTOR and the Parties shall engage in good faith negotiations regarding the terms and conditions, including but not limited to pricing, pursuant to which the Distributor will have the right to distribute Future Products in the Territory. If after thirty (30) days the parties have been unable to reach an agreement and have acted in good faith, Supplier may enter into negotiations with third parties. If Supplier intends to enter into an agreement with a third party with respect to distribution of the Future Products in the Territory, it shall first offer to DISTRIBUTOR a right of first refusal with respect to such agreement. DISTRIBUTOR must exercise such right of first refusal within ten (10) business days after Supplier conveys the terms and conditions of such agreement. Notwithstanding anything to the contrary set forth in this Agreement, Distributor may not, directly or indirectly, sell or distribute, or take any actions to sell or distribute, Future Products outside of the Territory and does not have any right of first refusal with respect to the sale or distribution of Future Products outside the Territory. [*] The redacted information (indicated by "[*]") is confidential information that has been filed separately with the Securities and Exchange Commission pursuant to Rule 24b-2 under the Securities Exchange Act of 1934, as amended.
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