Common use of Product Development Clause in Contracts

Product Development. All Royalty Bearing Products shall be developed, manufactured, marketed, and sold as "premium" products consistent with MFB's then existing image. Nonni's accepts full responsibility for and agrees to pay all costs it incurs associated with the development of all Royalty Bearing Products and all advertising and promotion, packaging design, graphics, and packaging materials for Royalty Bearing Products. MFB shall cooperate with Nonni's in development of Royalty Bearing Products, primarily through the suggestion of ideas, concepts, and recipes for products and packaging (MFB shall make its artwork, designs and logos available for Nonni's use); provided, however, that MFB shall have no obligation to develop Royalty Bearing Products or any other products.

Appears in 4 contracts

Samples: License Agreement (MRS Fields Financing Co Inc), Trademark License Agreement (MRS Fields Financing Co Inc), Trademark License Agreement (MRS Fields Original Cookies Inc)

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