Common use of Potential Customers Clause in Contracts

Potential Customers. If Seller receives knowledge of a potential customer for the Products, it will not engage the potential customer directly and will promptly notify Buyer of such potential customer, and if the potential customer’s needs cannot be met for reasons of quality, price, volume, and delivery or similar issues, then Seller is clear and free to further engage Potential Customers at will for any reason with no colflict with Buyer.

Appears in 2 contracts

Sources: License and Acquisition Agreement (Canbiola, Inc.), Asset Purchase Agreement (Canbiola, Inc.)