OUTSTANDING SALES LEADS Clause Samples
The "Outstanding Sales Leads" clause defines how sales leads that are still active or pending at the time of contract termination or transition are to be handled. Typically, this clause outlines the process for identifying, documenting, and transferring these leads, and may specify whether the original party retains any rights to commissions or ongoing involvement. Its core function is to ensure a clear and fair allocation of sales opportunities and related benefits, preventing disputes over ownership or compensation for leads generated before the end of the business relationship.
OUTSTANDING SALES LEADS. The parties agree to cease any joint marketing and selling of the Alliance Offering either directly or through any indirect sales channel(s) immediately. AP will not be permitted to offer the services described in Section 4.10 to any prospect or non-Customers. The parties may continue to market and sell their respective products and services separately.