Soft Launch Clause Samples

Soft Launch. The Parties have agreed that ▇▇▇ shall initiate a soft launch (“Soft Launch”) in the EU, subject to the following terms and conditions: (a) KTI shall ensure that all necessary development documentation for the First Licensed Product, including the three-panel LED lamp (KT-D lamp) is updated and complies with EU regulations, and that all products have obtained a ▇▇-▇▇▇▇ with no restrictions associated herewith; (b) KTI shall support ▇▇▇ as needed for transfer of development documentation and any other KTI Know How controlled by KTI as well as transfer all necessary documentation to support any and all filings for Regulatory Approvals necessary including such necessary documentation needed for ▇▇▇ to obtain a ▇▇-▇▇▇▇ for such First Licensed Products with a ▇▇▇ Trade ▇▇▇▇, or such other authorization as is deemed necessary for ▇▇▇ to legally commence sales of such First Licensed Products in the EU; (c) KTI shall use commercially reasonable efforts to ensure that contract manufacturers agreed upon between ▇▇▇ and KTI will be able to produce such necessary active gels and Lumi-Derm lamps as is deemed necessary by ▇▇▇ to commence the Soft Launch, and shall support ▇▇▇ in ensuring the supply contracts necessary, any necessary specifications to be established together with such contract manufacturer as well as any necessary quality agreements and other approvals needed; (d) KTI shall assist ▇▇▇ in developing and reviewing all marketing and campaign material deemed necessary for initiation of the Soft Launch; (e) ▇▇▇ shall provide an overview of its plans for the Soft Launch at the first JSC meeting in 2014; and (f) ▇▇▇ shall within [***] from obtaining the required ▇▇-▇▇▇▇ or from receiving at least the first order of the First Licensed Products to inventory in Europe, whichever is later, proceed with the Soft Launch in select dermatology clinics in at least [***] of the [***] EU countries [***].