Other Collaboration. The Parties acknowledge and agree that the foregoing Operating Arrangements are not intended to be exhaustive and each Party and its Affiliates may engage with the other Party and its Affiliates with respect to other collaborative measures as may be mutually agreed from time to time. As part of such other collaboration activities Beyond shall use commercially reasonable efforts to introduce ▇▇▇▇▇▇▇▇’▇ to Beyond’s product and business vendors. Upon ▇▇▇▇▇▇▇▇’▇ request, Beyond will consider in good faith and discuss with ▇▇▇▇▇▇▇▇’▇ opportunities for further collaboration between the Parties with respect to other e-commerce retail operations or brands owned or controlled from Beyond and not included in the Operating Arrangements at such time. In addition, from and after the Effective Date and during the Term, upon request by Beyond, ▇▇▇▇▇▇▇▇’▇ shall make available certain merchandising services, including product sourcing, selection, supply chain and inventory management for the support of BBB E-Commerce Channel, on terms and conditions, including compensation and reimbursement, to be mutually agreed upon by the Parties in good faith upon such request from Beyond, which terms shall be memorialized by amendment to this Agreement or any exhibit hereto. In connection with and in furtherance of the foregoing, including with respect to the opening of Neighborhood Format retail locations as set forth herein, the Parties agree to collaborate together to improve efficiency, expand common vendor relationships, reduce costs and improve operating results particularly in areas of marketing, merchandising and omni channel customer experience.
Appears in 3 contracts
Sources: Collaboration Agreement (Brand House Collective, Inc.), Collaboration Agreement (Beyond, Inc.), Collaboration Agreement (Kirkland's, Inc)