Competing Products. If at any time during the term of this Agreement, one or more competitors introduce in any country a product that competes with a LICENSED PRODUCT, then the parties in good faith shall promptly review the facts and circumstances, and if appropriate, negotiate an equitable adjustment to the royalty rate on NET SALES of such LICENSED PRODUCT in that country.
Appears in 4 contracts
Samples: License Agreement (Control Delivery Systems Inc/Ma), License Agreement (Control Delivery Systems Inc/Ma), License Agreement (Control Delivery Systems Inc/Ma)
