SciQuest definition

SciQuest. The Dow Chemical Company - "Dow" Exclusivity: Dow shall use SciQuest as its exclusive third party direct laboratory products electronic aggregator for North America. As such, Dow shall not, directly or indirectly use any other person or firm for its third party direct scientific and laboratory products electronic aggregator other than SciQuest or a party designated by SciQuest as a SciQuest strategic partner or affiliate (the "Exclusivity Arrangement"). In addition, Dow shall not enter into any agreement with a third party to serve as a third party direct laboratory products electronic aggregator in any territory outside of North America unless Dow shall have first notified SciQuest of such opportunity and shall have negotiated in good faith for SciQuest to act as its exclusive third party direct laboratory products electronic aggregator in such territory. SciQuest shall also be Dow's exclusive third party electronic channel for marketing and selling its used, refurbished and surplus scientific equipment through an electronic distribution system. Term: 3 years.
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SciQuest. Dupont Pharmaceuticals Company- "Dupont" Relationship: Dupont shall use SciQuest as its exclusive third party direct laboratory products electronic aggregator for North America . In addition, Dupont shall not enter into any agreement with a third party to serve as a third party direct laboratory products electronic aggregator in any territory outside of North America unless Dupont shall have first notified SciQuest of such opportunity and shall have negotiated in good faith for SciQuest to act as its third party direct laboratory products electronic aggregator in such territory. Dupont shall use SciQuest as its exclusive third party electronic channel for marketing and selling its used, refurbished and surplus scientific equipment through an electronic distribution system. Dupont reserves the right to purchase goods directly from vendors if, at Dupont's sole discretion, it deems necessary; provided however that SciQuest is given reasonable notice and an opportunity to provide services that would satisfy Dupont's requirements. Term: 3 years. Dupont Purchasing Site SciQuest shall create, develop, and maintain a private purchasing site accessible by Dupont at no cost to Dupont (the "Buyer Site"). The Buyer Site shall be a customer specific version of the SciQuest Marketplace. SciQuest shall have control over the development of the Buyer Site subject to Dupont's approval. SciQuest shall integrate the Buyer Site with the enterprise procurement application chosen and implemented by Dupont as reasonably requested by Dupont.
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SciQuest has the meaning ascribed to it in the forepart of this Agreement.
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