{"id":42241,"date":"2015-09-17T11:25:58","date_gmt":"2015-09-17T16:25:58","guid":{"rendered":"https:\/\/content.findlaw-admin.com\/ability-legal\/contracts\/uncategorized\/distribution-agreement-given-imaging-ltd-and-suzuken-co-ltd.html"},"modified":"2015-09-17T11:25:58","modified_gmt":"2015-09-17T16:25:58","slug":"distribution-agreement-given-imaging-ltd-and-suzuken-co-ltd","status":"publish","type":"corporate_contracts","link":"https:\/\/corporate.findlaw.com\/contracts\/operations\/distribution-agreement-given-imaging-ltd-and-suzuken-co-ltd.html","title":{"rendered":"Distribution Agreement &#8211; Given Imaging Ltd. and Suzuken Co., Ltd."},"content":{"rendered":"<hr>\n<p align=\"center\"><strong>DISTRIBUTION AGREEMENT<\/strong><\/p>\n<p align=\"center\">by and between<\/p>\n<p align=\"center\">GIVEN IMAGING K.K.<\/p>\n<p align=\"center\">And<\/p>\n<p align=\"center\">SUZUKEN CO., LTD.<\/p>\n<p align=\"right\">Dated May 9, 2002<\/p>\n<hr>\n<\/p>\n<hr>\n<p align=\"center\"><strong>DISTRIBUTION AGREEMENT<\/strong><\/p>\n<p>This Distribution Agreement (the &#8220;<u>Agreement<\/u>&#8220;) is entered into as of<br \/>\nMay 9, 2002 (the &#8220;<u>Execution Date<\/u>&#8220;) by and between Given Imaging K.K.<br \/>\n(&#8220;<u>Given Japan<\/u>&#8220;), a Japanese corporation having its principal office at<br \/>\n4-12, Hirakawacho 1-chome, Chiyoda-ku, Tokyo, and Suzuken Co., Ltd.<br \/>\n(&#8220;<u>Suzuken<\/u>&#8220;), a Japanese corporation having its principal office at 8<br \/>\nHigashiKataha-machi, Higashi-ku, Nagoya, Aichi. Suzuken and Given Japan are<br \/>\nsometimes referred to individually as a &#8220;<u>Party<\/u>&#8221; and together as the<br \/>\n&#8220;<u>Parties<\/u>&#8220;.<\/p>\n<p align=\"center\"><strong><u>RECITALS<\/u><\/strong><\/p>\n<p>WHEREAS Given Japan and Given Imaging Ltd. (&#8220;<u>Given Imaging<\/u>&#8220;) are<br \/>\nParties to that certain Amended Supply Agreement (the &#8220;<u>Supply<br \/>\nAgreement<\/u>&#8220;) dated of even date herewith for supply by Given Imaging to Given<br \/>\nJapan of the Given Diagnostic Imaging System (the &#8220;Given System&#8221;) currently<br \/>\nconsisting of the M2A<sup>TM<\/sup> Capsule, a Data Recorder Kit and the<br \/>\nRAPID<sup>TM<\/sup> Work Station for the diagnosis of the Gastro-Intestinal<br \/>\nTract, as listed in <strong><u>Schedule A,<\/u><\/strong> attached hereto, and any<br \/>\nenhancements, improvements or related product developed by Given Imaging<br \/>\n(collectively the &#8220;<u>Product<\/u>&#8220;) for distribution in Japan (the<br \/>\n&#8220;<u>Territory<\/u>&#8220;), and<\/p>\n<p>WHEREAS, Suzuken markets, distributes and sells pharmaceutical products and<br \/>\nmedical equipment and disposable items throughout the Territory; and<\/p>\n<p>WHEREAS, subject to the terms and conditions of this Agreement, Given Japan<br \/>\nwishes to appoint Suzuken as its distribution representative for the Product in<br \/>\nthe Territory; and<\/p>\n<p>WHEREAS, Suzuken wishes to accept such appointment and to act as Given<br \/>\nJapan&#8217;s distribution representative in the Territory for the Product pursuant to<br \/>\nthe terms and conditions of this Agreement;<\/p>\n<p>NOW, THEREFORE, in consideration of the premises and the mutual covenants and<br \/>\nagreements herein contained, and for other good and valuable consideration, the<br \/>\nreceipt and sufficiency of which are hereby acknowledged, the Parties hereby<br \/>\nagree as follows:<\/p>\n<p align=\"center\"><strong><u>AGREEMENT<\/u><\/strong><\/p>\n<p>1. <u>Appointment<\/u>.<\/p>\n<p>1.1 <u>Appointment<\/u>. Subject to the terms hereof, Given Japan hereby<br \/>\nappoints Suzuken as its exclusive distributor of the Product to Customers in the<br \/>\nTerritory, subject to the exceptions and restrictions stated herein, and Suzuken<br \/>\naccepts this appointment. To perform its obligations as exclusive distributor,<br \/>\nGiven Japan grants to Suzuken the non-transferable (except as provided in<br \/>\nSection 15) right to market, distribute and sell the Product directly to<br \/>\nCustomers in the Territory. &#8220;<u>Customers<\/u>&#8221; (each, individually a<br \/>\n&#8220;<u>Customer<\/u>&#8220;) means customers who purchase the Product for their own<br \/>\ninternal use and not for further marketing, distribution, sale or resale.<\/p>\n<hr>\n<p>1.2 <u>No Resellers<\/u>. Suzuken shall not appoint any resellers for the<br \/>\nProduct without the express prior written consent of Given Japan other than<br \/>\npurchasing agents nominated by hospitals and other healthcare providers for<br \/>\npurchasing medical supplies on their behalf.<\/p>\n<p>1.3 <u>Restrictions<\/u>. Such appointment as set forth in Section 1.1 is<br \/>\nsubject to any law and directives applicable in the Territory. Suzuken shall not<br \/>\nuse the Product for any purpose other than the purposes of this Agreement, and<br \/>\nSuzuken shall not sell, market or distribute the Product, or conduct any<br \/>\nmarketing activity with respect to the Product outside the Territory, without<br \/>\nthe express, prior, written approval of Given Japan. Suzuken shall have no<br \/>\ndistribution rights pursuant to this Agreement for any Given Imaging products<br \/>\nother than the Product. Suzuken shall not distribute the Product, as such, in<br \/>\nintegration with other products or technologies or other than as a stand-alone<br \/>\nproduct, and shall not attempt to separate the Product&#8217;s components or to use a<br \/>\ncomponent separately and not as part of the Product, without first obtaining<br \/>\nGiven Japan&#8217;s prior written consent.<\/p>\n<p>1.4 <u>Language<\/u>. Any and all correspondence between the Parties hereto,<br \/>\nincluding training and technical or other documents or notices exchanged between<br \/>\nthe Parties and with any third Party relating to this Agreement, shall be in the<br \/>\nJapanese; provided that at Given Japan&#8217;s reasonable request, Suzuken shall<br \/>\nprovide English translation of its correspondence but shall not bear<br \/>\nresponsibility for the accuracy of any translation prepared by a reasonably<br \/>\nselected outside translation service.<\/p>\n<p>1.5 <u>Performance Standard<\/u>. Suzuken shall and shall cause its employees,<br \/>\nagents and independent contractors to exercise reasonable care in the<br \/>\nperformance of any and all of its duties under this Agreement and in taking any<br \/>\nother action(s) related thereto, including without limitation, the handling,<br \/>\ninstallation, demonstration or servicing of any Product. Further, Suzuken shall<br \/>\nnot engage in any illegal, unfair, or deceptive business practices in connection<br \/>\nwith its performance under this Agreement. Suzuken acknowledges that breach of<br \/>\nthis provision shall be a material breach of this Agreement.<\/p>\n<p>2. <u>Trademarks and Domain Names<\/u>.<\/p>\n<p>2.1 <u>Sublicense<\/u>. (a) Given Japan hereby grants Suzuken a limited<br \/>\nsublicense to use and display the trademarks Given<sup>TM<\/sup> ,<br \/>\nM2A<sup>TM<\/sup> and RAPID<sup>TM<\/sup> owned by Given Imaging (collectively,<br \/>\nthe &#8220;<u>Given Marks<\/u>&#8220;) and licensed to Given Japan pursuant to the Supply<br \/>\nAgreement solely for marketing purposes in publications, articles,<br \/>\nadvertisements and other promotional materials in the Territory only in<br \/>\nconnection with the Product during the Term.<\/p>\n<p>(b) All advertising and other materials in which the Given Marks are used<br \/>\nshall be subject to Given Japan&#8217;s prior written consent, which may be withheld<br \/>\nin its reasonable discretion. Suzuken acknowledges that such advertising and<br \/>\nother materials may be subject to review and approval by Given Imaging under the<br \/>\nSupply Agreement. Upon termination of this Agreement, this limited license shall<br \/>\nimmediately terminate and Suzuken shall cease all use of the Given Marks other<br \/>\nthan reasonably necessary to fulfill pending purchase order for Products.<\/p>\n<p align=\"center\">2<\/p>\n<hr>\n<p align=\"center\"><strong>Portions of this agreement have been omitted pursuant<br \/>\nto a request for confidential treatment filed with the <\/strong><\/p>\n<p align=\"center\"><strong>Securities and Exchange Commission. The omissions have<br \/>\nbeen indicated by &#8220;[***Redacted***]&#8221;, and the <\/strong><\/p>\n<p align=\"center\"><strong>omitted text has been filed separately with the<br \/>\nSecurities and Exchange Commission.<\/strong><\/p>\n<p>(c) Without limiting the forgoing, all use by Suzuken of the Given Marks<br \/>\n(including any Japanese language translation thereof into <em>katakana<\/em> or<br \/>\notherwise) or domain name shall inure to the benefit of Given Imaging, and<br \/>\nSuzuken shall not obtain any rights with respect to the Given Marks or domain<br \/>\nnames, other than any rights expressly set forth herein. Suzuken hereby<br \/>\nirrevocably assigns to Given Imaging in perpetuity all worldwide right, title<br \/>\nand interest, if any, that are owned or obtained by Suzuken in any of the Given<br \/>\nMarks (including any Japanese language translation thereof into<br \/>\n<em>katakana<\/em> or otherwise) or domain names.<\/p>\n<p>2.2 <u>Limitations<\/u>. Suzuken agrees not to attach or apply to the Product<br \/>\nany other materials (including packaging) of whatever media, any label, marking<br \/>\nor other information that has not been approved by Given Japan in writing in<br \/>\nadvance. Suzuken acknowledges that all rights in the Given Marks and domain<br \/>\nnames are and shall remain the sole property of Given Imaging. Given Japan<br \/>\nreserves the right to add to, change, or discontinue the use of the Given Marks<br \/>\nor domain names, on a selective or general basis, at any time. Suzuken shall not<br \/>\nremove, obscure or obliterate any Given Imaging patent, trademark or any other<br \/>\nproprietary notices incorporated in, marked on or affixed to the Product, and<br \/>\nshall include such notices in marketing materials in accordance with Given<br \/>\nJapan&#8217;s instructions.<\/p>\n<p>3. <u>Regulatory and Marketing Approvals<\/u>. Given Japan shall use its best<br \/>\nefforts to obtain and maintain all regulatory and governmental approvals<br \/>\nnecessary for the marketing of the Products throughout the Territory, as well as<br \/>\nfor health insurance reimbursement. Upon request by Given Japan, Suzuken shall,<br \/>\nto the extent reasonable, assist Given Japan in preparing and filing any such<br \/>\nrequests or applications as well as taking other actions necessary for obtaining<br \/>\nsuch approvals. Such assistance shall include, but is not necessarily limited to<br \/>\nallocating appropriate professional manpower, whose costs shall be borne by<br \/>\nSuzuken. The approvals will be in Given Japan&#8217;s name, and costs for procuring<br \/>\nsuch approvals shall be borne by Given Japan. The above shall apply to the<br \/>\nexisting Product items as well as to new Product items, as may be announced by<br \/>\nGiven Imaging from time to time.<\/p>\n<p>4. <u>Given Japan&#8217;s Responsibilities<\/u>. Given Japan shall:<\/p>\n<p>(a) subject to delivery from Given Imaging pursuant to the Supply Agreement,<br \/>\nship Product within <strong>[***Redacted***]<\/strong> of receipt of Product<br \/>\npurchase order from Suzuken and sell the Products to Suzuken, pursuant to<br \/>\npurchase orders to be placed by Suzuken and at the prices, delivery dates and<br \/>\notherwise in accordance with this Agreement; provided that (i) Given Japan shall<br \/>\ncause Given Imaging to ship M2A capsules within<br \/>\n<strong>[***Redacted***]<\/strong> and (ii) to assist Suzuken in meeting initial<br \/>\nunexpected demand, <strong>[***Redacted***]<\/strong> period commencing upon<br \/>\nreceipt of <strong>[***Redacted***]<\/strong> prior written notice from Suzuken,<br \/>\nonce <strong>[***Redacted***]<\/strong> (but not before<br \/>\n<strong>[***Redacted***]<\/strong> from previous Emergency Order (defined below))<br \/>\nSuzuken may submit an emergency order for up to<br \/>\n<strong>[***Redacted***]<\/strong> M2A capsules (an &#8220;<u>Emergency Order<\/u>&#8220;) and<br \/>\nGiven Japan shall cause Given Imaging to deliver such capsules within<br \/>\n<strong>[***Redacted***] <\/strong>of receipt of such order in accordance with<br \/>\nthe Supply Agreement; provided further that Given Japan shall place a purchase<br \/>\norder with Given Imaging for the Products within<br \/>\n<strong>[***Redacted***]<\/strong> of receipt of such order from Suzuken;<\/p>\n<p align=\"center\">3<\/p>\n<hr>\n<p align=\"center\"><strong>Portions of this agreement have been omitted pursuant<br \/>\nto a request for confidential treatment filed with the <\/strong><\/p>\n<p align=\"center\"><strong>Securities and Exchange Commission. The omissions have<br \/>\nbeen indicated by &#8220;[***Redacted***]&#8221;, and the <\/strong><\/p>\n<p align=\"center\"><strong>omitted text has been filed separately with the<br \/>\nSecurities and Exchange Commission.<\/strong><\/p>\n<p>(b) provide Suzuken with, at no cost, (i) Japanese language Product manuals<br \/>\nprinted by Given Imaging and inserted in the Product package (ii) introductory<br \/>\nJapanese language Product catalogs\/brochures printed by Given Japan and (iii)<br \/>\nthe content and graphic design for promotional materials and literature to be<br \/>\nprinted by Suzuken;<\/p>\n<p>(c) provide the personnel of Suzuken assigned for the sales and service of<br \/>\nthe Product with adequate training as to the operation, installation,<br \/>\nmaintenance and troubleshooting of the Product (training of technical personnel<br \/>\nfor repairs of Product parts shall be provided by Given Imaging in Israel).<br \/>\nSuzuken shall not be charged for such training other than reimbursement by<br \/>\nSuzuken of reasonable hotel and travel expenses of personnel of Given Imaging or<br \/>\nGiven Japan, as the case may be, who travel to Japan in accommodating Suzuken&#8217;s<br \/>\nrequest for training pursuant to this Section 4(c);<\/p>\n<p>(d) assist Suzuken in its promotion efforts by sending representatives to<br \/>\nattend and lecture in medical meetings, as requested by Suzuken, offer<br \/>\nexplanations and answer questions regarding the Product and its use and join<br \/>\nconventions and, trade shows etc., all if coordinated in advance, subject to<br \/>\npersonnel availability reimbursement by Suzuken of reasonable hotel and travel<br \/>\nexpenses of personnel of Given Imaging or Given Japan, as the case may be, who<br \/>\ntravel to Japan at in accommodating Suzuken&#8217;s request pursuant to this Section<br \/>\n4(d);<\/p>\n<p>(e) refer to Suzuken inquiries coming from the Territory through other<br \/>\ninternational promotion channels (international advertisements, trade shows<br \/>\netc.) for purchasing Products for use within the Territory;<\/p>\n<p>(f) subject to receipt of a prior written notice to such effect from Given<br \/>\nImaging under the Supply Agreement, give Suzuken a ninety (90) days minimum<br \/>\nprior notice of any modifications and improvements in the Products (including<br \/>\nspecifications, options, features, software upgrades or updates configuration,<br \/>\netc.);<\/p>\n<p>(g) provide Suzuken, at not cost, with all the leads and relevant information<br \/>\nreceived by Given Japan from Given Imaging coming from the Territory through its<br \/>\nWebcentric marketing and sales system, as soon as practicable after the system<br \/>\nis operational;<\/p>\n<p>(h) at its own expense, monitor Suzuken&#8217;s performance; and<\/p>\n<p>(i) <strong>[***Redacted***]<\/strong>;<\/p>\n<p>(j) <strong>[***Redacted***]<\/strong>, participate in<br \/>\n<strong>[***Redacted***] <\/strong>international gastroenterology congress or<br \/>\nconvention in the Territory;<\/p>\n<p>(k) <strong>[***Redacted***]<\/strong>;<\/p>\n<p>(l) during the Term, not exercise by itself nor grant to or authorize<br \/>\nexercises by any other person or entity in the Territory any of the rights<br \/>\ngranted to Suzuken under Sections 1.1 or 1.2; and<\/p>\n<p align=\"center\">4<\/p>\n<hr>\n<p align=\"center\"><strong>Portions of this agreement have been omitted pursuant<br \/>\nto a request for confidential treatment filed with the <\/strong><\/p>\n<p align=\"center\"><strong>Securities and Exchange Commission. The omissions have<br \/>\nbeen indicated by &#8220;[***Redacted***]&#8221;, and the <\/strong><\/p>\n<p align=\"center\"><strong>omitted text has been filed separately with the<br \/>\nSecurities and Exchange Commission. <\/strong><\/p>\n<p>(m) during the Term, not grant to or authorize exercise by any other person<br \/>\nor entity in the Territory any of the rights granted to Suzuken under Section<br \/>\n2.1.<\/p>\n<p>5. <u>Suzuken &#8216;s Responsibilities<\/u>. Suzuken shall:<\/p>\n<p>(a) use its best efforts to market and sell the Product in the Territory, in<br \/>\naccordance with a sales plan (which includes marketing and staffing) that is to<br \/>\nbe agreed upon by Given Japan and Suzuken;<\/p>\n<p>(b) <strong>[***Redacted***]<\/strong>;<\/p>\n<p>(c) <strong>[***Redacted***]<\/strong>;<\/p>\n<p>(d) maintain adequate inventory of the Product to meet the market demand and<br \/>\nneeds of Customers in the Territory and provide a high level of service to<br \/>\nCustomers. (&#8220;high level&#8221; shall mean <strong>[***Redacted***]<\/strong>);<\/p>\n<p>(e) <strong>[***Redacted***]<\/strong>;<\/p>\n<p>(f) <strong>[***Redacted***]<\/strong>;<\/p>\n<p>(g) make minor repairs to equipment and provide on-site service and in doing<br \/>\nso, Suzuken shall follow given Japan&#8217;s reasonable instructions and utilize only<br \/>\nsuch Product components or spare and service parts, as applicable, for the<br \/>\nProduct as approved by or obtained from Given Japan. Accordingly, Suzuken shall<br \/>\nmaintain a stock of Product and spare units in quantity sufficient to provide<br \/>\nsuch services;<\/p>\n<p>(h) provide Customers with basic training and education in the use of the<br \/>\nProduct, in accordance with Given Japan&#8217;s guidance;<\/p>\n<p>(i) provide first level customer and technical support;<\/p>\n<p>(j) handle warranty claims (subject to reimbursement by Given Japan for<br \/>\ndefective Products). <strong>[***Redacted***]<\/strong>;<\/p>\n<p>(k) <strong>[***Redacted***]<\/strong>;<\/p>\n<p>(l) print promotional materials and literature as provided by Given Japan<br \/>\nunder Section 4(b);<\/p>\n<p>(m) participate in <strong>[***Redacted***] <\/strong>gastroenterology<br \/>\ncongress\/convention\/exhibit held in the Territory;<\/p>\n<p>(n) <strong>[***Redacted***]<\/strong>;<\/p>\n<p>(o) notify Given Japan&#8217;s designated medical vigilance personnel in writing<br \/>\n<strong>[***Redacted***]<\/strong> from the date that Suzuken becomes aware of<br \/>\nthe incident or near incident of any incident or near incident associated with<br \/>\nthe Product <strong>[***Redacted***]<\/strong>, provide Given Japan all data and<br \/>\ninformation required in order to prepare a medical device agency vigilance<br \/>\nreport or to comply with applicable law or requirements of the Ministry of<br \/>\nHealth Labor and Welfare of Japan (&#8220;MOH&#8221;) and otherwise cooperate fully with<br \/>\nGiven Japan in a timely manner. <strong>[***Redacted***]<\/strong>. In this sub<br \/>\nsection, &#8220;incident&#8221; shall include, but is not limited to,<br \/>\n<strong>[***Redacted***]<\/strong>. A &#8220;serious deterioration in the state of<br \/>\nhealth&#8221; shall include, but is not limited to,<br \/>\n<strong>[***Redacted***]<\/strong>;<\/p>\n<p align=\"center\">5<\/p>\n<hr>\n<p align=\"center\"><strong>Portions of this agreement have been omitted pursuant<br \/>\nto a request for confidential treatment filed with the <\/strong><\/p>\n<p align=\"center\"><strong>Securities and Exchange Commission. The omissions have<br \/>\nbeen indicated by &#8220;[***Redacted***]&#8221;, and the <\/strong><\/p>\n<p align=\"center\"><strong>omitted text has been filed separately with the<br \/>\nSecurities and Exchange Commission.<\/strong><\/p>\n<p>(p) (i) appoint a representative for implementation of this Agreement, who<br \/>\nshall serve as a point of contact (ii) <strong>[***Redacted***]<\/strong> and<br \/>\n(iii) cause all its staff directly involved in the marketing and sales of the<br \/>\nProduct, from the level of regional sales manager and up, to attend a meeting<br \/>\nwith representatives of Given Japan <strong>[***Redacted***]<\/strong>;<\/p>\n<p>(q) not make any representations or give any warranties concerning the<br \/>\nProduct or its capabilities which are false or misleading in any way<br \/>\n<strong>[***Redacted***]<\/strong>;<\/p>\n<p>(r) notify Given Japan of all matters of importance coming to its attention,<br \/>\nrelating to the Product and their service, legislative changes, governmental or<br \/>\nlocal policies, new products and market trends;<\/p>\n<p>(s) refrain from making any change in the Product (including any part,<br \/>\ncomponent or feature thereof), unless specifically approved by Given Japan in<br \/>\nwriting;<\/p>\n<p>(t) subject to any applicable law or directive, refrain from selling Product<br \/>\nto any entity outside the Territory or to any entity who Suzuken reasonably<br \/>\nbelieves may resell, export or use the Product outside the Territory and refer<br \/>\nto Given Japan any inquiries regarding the Product coming from outside the<br \/>\nTerritory;<\/p>\n<p>(u) reasonably cooperate with Given Japan on all matters of medical vigilance<br \/>\nand report all Product problems;<\/p>\n<p>(v) <strong>[***Redacted***]<\/strong>;<\/p>\n<p>(w) sell the Product only under Given Japan&#8217;s limited warranty, as set forth<br \/>\nin this Agreement;<\/p>\n<p>(x) <strong>[***Redacted***]<\/strong> and provide Customers with basic<br \/>\ntraining and education in the use of the Products, in accordance with Given<br \/>\nJapan&#8217;s guidance; and<\/p>\n<p>(y) ensure that all its personnel involved in the marketing and service and<br \/>\ndistribution of the Product are adequately trained.<\/p>\n<p align=\"center\">6<\/p>\n<hr>\n<p align=\"center\"><strong>Portions of this agreement have been omitted pursuant<br \/>\nto a request for confidential treatment filed with the <\/strong><\/p>\n<p align=\"center\"><strong>Securities and Exchange Commission. The omissions have<br \/>\nbeen indicated by &#8220;[***Redacted***]&#8221;, and the <\/strong><\/p>\n<p align=\"center\"><strong>omitted text has been filed separately with the<br \/>\nSecurities and Exchange Commission.<\/strong><\/p>\n<p>6. <u>Terms and Conditions of Sale<\/u>. All purchases of Products by Suzuken<br \/>\nfrom Given Japan during the term of this Agreement shall be subject to the terms<br \/>\nand conditions attached hereto as <strong><u>Schedule B<\/u><\/strong>. The prices<br \/>\nin <strong><u>Schedule B<\/u><\/strong> relate only to currently marketable parts<br \/>\nand components of the Product, not to future parts and components of the<br \/>\nProduct.<\/p>\n<p>7. <u>Proprietary Rights<\/u>.<\/p>\n<p>7.1 <u>Reporting of Third Party Infringement<\/u>. Suzuken undertakes to<br \/>\npromptly inform Given Japan in writing of any possible infringement by third<br \/>\nparties in Japan of Given Imaging&#8217;s proprietary rights including any duplication<br \/>\nof the Product (including any part, component or feature thereof) or the Given<br \/>\nMarks that Suzuken becomes aware of, <strong>[***Redacted***]<\/strong>.<\/p>\n<p>7.2 <u>Handling of Infringement Claims<\/u>.<\/p>\n<p>(a) Suzuken undertakes to promptly inform Given Japan in writing of any<br \/>\nactual or threatened claim that the Product or part thereof purchased by Suzuken<br \/>\nhereunder may infringe a third party&#8217;s proprietary rights in the Territory that<br \/>\nSuzuken becomes aware of. In the event that Suzuken notifies Given Japan as<br \/>\naforesaid, then Given Japan agrees to defend (subject to reasonable assistance<br \/>\nby Suzuken provided that Given Japan shall reimburse all of Suzuken&#8217;s<br \/>\npre-approved expenses) and may, in its sole discretion,<br \/>\n<strong>[***Redacted***]<\/strong>.<\/p>\n<p>(b) If it is determined by the court of first instance<br \/>\n<strong>[***Redacted***]<\/strong> that the Product or a part thereof purchased<br \/>\nby Suzuken hereunder infringes a third party&#8217;s proprietary rights in the<br \/>\nTerritory, Given Japan shall indemnify and hold harmless Suzuken as well as its<br \/>\nshareholders, employees, directors, representatives, Customers and agents (each<br \/>\nan &#8220;<u>Indemnified Party<\/u>&#8220;) from and against their direct losses, costs and<br \/>\nexpenses set by such court to the extent based on such Infringement Claim (as<br \/>\ndefined below), except to the extent such losses, costs and expenses result from<br \/>\nthe Indemnified Party&#8217;s breach of this Agreement, bad faith, willful misconduct<br \/>\nor gross negligence. &#8220;<u>Infringement Claim<\/u>&#8221; means any third party claim<br \/>\nthat the Product or a part thereof infringes a third party&#8217;s proprietary rights<br \/>\nin the Territory.<\/p>\n<p>7.3 <strong>[***Redacted***]<\/strong>.<\/p>\n<p>7.4 <u>Assignment of Inventions<\/u>.<\/p>\n<p>(a) Suzuken shall inform Given Japan of any Invention (as defined below)<br \/>\nrelating to the Product and, at Given Japan&#8217;s request and expense, Suzuken<br \/>\nhereby expressly assigns all right, titles and interests in and to any<br \/>\nInventions (defined below) to Given Imaging and shall execute any necessary<br \/>\nassignment, patents forms, trade marks, and the like and will assist in the<br \/>\ndrafting of any description or specification of the Invention as may be required<br \/>\nfor Given Imaging&#8217;s records and in connection with any application for patents.<br \/>\nSuzuken shall treat all information relating to any Invention as Confidential<br \/>\nInformation. While, where relevant, the name of the Inventor on the Patent<br \/>\nApplications will be that of the inventor, Given Imaging shall be the exclusive<br \/>\nowner of any invention, trademark, copyright, improvement know-how or other<br \/>\nintellectual property which shall be developed by Suzuken using any Confidential<br \/>\nInformation (defined below) of Given Japan or Given Imaging or with the<br \/>\ninvolvement of any personnel of Given Japan or Given Imaging<br \/>\n(&#8220;<u>Inventions<\/u>&#8220;), and of any patent, patent application, trademark,<br \/>\ncopyright and such other rights therein, without any additional compensation to<br \/>\nSuzuken. It is understood that Given Japan shall pay Suzuken any expense<br \/>\nincurred by it in assisting it, at its request, in obtaining patent, trademark,<br \/>\ncopyright or other protection hereunder. Given Imaging&#8217;s rights shall be<br \/>\nworld-wide and shall attach to any such Invention notwithstanding that it is<br \/>\nperfected or reduced to specific form after Suzuken has ceased its services<br \/>\nhereunder, provided that its conception during the term hereof.<\/p>\n<p align=\"center\">7<\/p>\n<hr>\n<p align=\"center\"><strong>Portions of this agreement have been omitted pursuant<br \/>\nto a request for confidential treatment filed with the <\/strong><\/p>\n<p align=\"center\"><strong>Securities and Exchange Commission. The omissions have<br \/>\nbeen indicated by &#8220;[***Redacted***]&#8221;, and the <\/strong><\/p>\n<p align=\"center\"><strong>omitted text has been filed separately with the<br \/>\nSecurities and Exchange Commission.<\/strong><\/p>\n<p>(b) Without derogating from section 7.4(a), Given Imaging shall have sole and<br \/>\nexclusive ownership rights in any results and information relating to, arising<br \/>\nout of or resulting from the performance of this Agreement by either Party if<br \/>\n(i) developed by Suzuken using any Confidential Information (defined below) of<br \/>\nGiven Japan or Given Imaging or jointly with the involvement of any personnel of<br \/>\nGiven Japan or Given Imaging or in performing its obligations hereunder and (ii)<br \/>\nrelated to the Product, including, but not limited to all copyrights, and<br \/>\nmarketing information and material.<\/p>\n<p>8. <u>Defects Warranty<\/u>.<\/p>\n<p>8.1 <u>Limited Customer Warranty<\/u>. Given Japan shall provide a warranty to<br \/>\nSuzuken and Customers warranting that the Product shall be free from defects in<br \/>\nmaterial or workmanship for a period as described below:<\/p>\n<p>(i) for <strong>[***Redacted***]<\/strong> in the case of the<br \/>\nRAPID<sup>TM<\/sup> Workstation, Data Recorder Kit carrying case,<br \/>\nDataRecorder<sup>TM<\/sup>, RecorderBelt<sup>TM<\/sup> and Battery Charger;<\/p>\n<p>(ii) <strong>[***Redacted***]<\/strong> in the case of the M2A<sup>TM<\/sup><br \/>\n10-Pak; and<\/p>\n<p>(iii) for <strong>[***Redacted***]<\/strong> in the case of the Rechargeable<br \/>\nBattery Packs and SensorArray<sup>TM<\/sup>.<\/p>\n<p>Suzuken shall make available to Customers a copy of Given Japan&#8217;s warranty to<br \/>\nCustomers.<\/p>\n<p>8.2 <u>Limitation of Warranty Liability<\/u>. The liability of Given Japan<br \/>\nunder this warranty is limited to <strong>[***Redacted***]<\/strong>.<\/p>\n<p>8.3 <u>Exclusions<\/u>. This warranty shall not apply to a Product which has<br \/>\nbeen repaired or altered other than in accordance with Given Japan&#8217;s<br \/>\ninstructions, nor shall it apply to a Product which has been subject to misuse,<br \/>\nunauthorized use, negligence, accident, (including fire, water, explosion,<br \/>\nsmoke, vandalism, etc.) or which has been operated contrary to Given Japan&#8217;s<br \/>\ninstructions or any other cause beyond Given Japan&#8217;s control. Without derogating<br \/>\nfrom the above, the warranty is void, if at any time:<\/p>\n<p align=\"center\">8<\/p>\n<hr>\n<p align=\"center\"><strong>Portions of this agreement have been omitted pursuant<br \/>\nto a request for confidential treatment filed with the <\/strong><\/p>\n<p align=\"center\"><strong>Securities and Exchange Commission. The omissions have<br \/>\nbeen indicated by &#8220;[***Redacted***]&#8221;, and the <\/strong><\/p>\n<p align=\"center\"><strong>omitted text has been filed separately with the<br \/>\nSecurities and Exchange Commission.<\/strong><\/p>\n<p>(i) anyone other than Given Japan&#8217;s authorized personnel removes a Product<br \/>\ncasing and\/or attempts to make or makes any internal changes, removals,<br \/>\nattachments or additions to the Product or components thereof; or<\/p>\n<p>(ii) anyone installs unauthorized software on to the Product.<\/p>\n<p>8.4 <u>Return\/Replacement of Products Under Warranty<\/u>. Products or parts<br \/>\nthereof may be returned for repair, replacement or adjustment to Given Japan. No<br \/>\ncredit allowances will be given or replacements shipped unless defects are<br \/>\nverified by Given Japan or Given Japan&#8217;s authorized personnel.<\/p>\n<p>8.5 <u>Exclusive Remedy<\/u>. THE FOREGOING WARRANTY IS SUZUKEN&#8217;S SOLE AND<br \/>\nEXCLUSIVE REMEDY AGAINST GWEN JAPAN HEREUNDER, AND IS IN LIEU OF ANY AND ALL<br \/>\nOTHER WARRANTIES, GUARANTEES, PROMISES, OR REPRESENTATIONS WHETHER WRITTEN, ORAL<br \/>\nOR IMPLIED, INCLUDING WARRANTIES OF MERCHANTABILITY, SATISFACTORINESS OR FITNESS<br \/>\nFOR ANY PARTICULAR PURPOSE OR USE. IN NO EVENT SHALL GIVEN JAPAN BE LIABLE FOR<br \/>\nLOSS OF USE, LOSS OF PROFITS, OR OTHER COLLATERAL, SPECIAL OR CONSEQUENTIAL<br \/>\nDAMAGES. EXCEPT AS SET FORTH IN SECTION 7 (Proprietary Rights) AND SECTION<br \/>\n9.1(ii) and 9.2 (Indemnification), EACH PARTY&#8217;S TOTAL LIABILITY ARISING UNDER<br \/>\nTHIS AGREEMENT SHALL BE LIMITED TO THE AMOUNT PAID BY SUZUKEN HEREUNDER IN THE<br \/>\n<strong>[***Redacted***] <\/strong>PERIOD PRECEDING THE DATE OF THE CLAIM UNDER<br \/>\nTHIS AGREEMENT.<\/p>\n<p>8.6 <u>Response to Warranty Claims<\/u>. Suzuken shall handle all Customer<br \/>\nwarranty claims under the warranty set out in Section 8.2 at its expense subject<br \/>\nto reimbursement by Given Japan for defective Products.<\/p>\n<p>9. <u>Indemnification<\/u>.<\/p>\n<p>9.1 <u>Mutual Indemnification<\/u>. Each Party shall be liable for and shall<br \/>\nindemnify, defend, and hold the other harmless against any liability, damages,<br \/>\nor loss from any claims, actions, suits, judgments, proceedings, demands,<br \/>\nrecoveries or expenses, including, but not limited to, reasonable attorneys&#8217;<br \/>\nfees, arising out of, based on, or caused by (i) any breach of this Agreement or<br \/>\nany of its obligations hereunder or (ii) violation of any applicable Japanese<br \/>\nlaw, statute, ordinance, rule or regulation with regard to the Product by the<br \/>\nindemnifying Party or any of its respective employees, agents or independent<br \/>\ncontractors, except to the extent such damages arise from the bad faith, willful<br \/>\nmisconduct or gross negligence of the indemnified Party or its their respective<br \/>\nemployees or representatives (whether authorized or not).<\/p>\n<p>9.2 <u>Indemnification by Given Japan<\/u>.<\/p>\n<p>(a) Notwithstanding anything herein to the contrary, Given Japan shall<br \/>\ndefend, indemnify and hold harmless Suzuken, its officers, agents, employees and<br \/>\nrepresentatives and any of its Customers (each referred to in this Section 9.2<br \/>\nas an &#8220;<u>Indemnified Party<\/u>&#8220;) from and against any and all direct costs,<br \/>\nexpenses, losses, damages or liabilities awarded by a court of first instance<br \/>\n(provided that Suzuken will first appeal such determination if (i) requested by<br \/>\nGiven Japan and (ii) Given Japan timely funds the bond necessary to stay<br \/>\nexecution of such determination) to the extent based on any Product Liability<br \/>\nClaim (defined below), except to the extent such damages arise from the bad<br \/>\nfaith, willful misconduct or gross negligence of such Indemnified Party or their<br \/>\nrespective employees or representatives (whether authorized or not). Given Japan<br \/>\nagrees that, if the Products in the inventory of Suzuken, become or are subject<br \/>\nof such a determination, Suzuken will be entitled to return such Products for a<br \/>\nrefund of the purchase price.<\/p>\n<p align=\"center\">9<\/p>\n<hr>\n<p align=\"center\"><strong>Portions of this agreement have been omitted pursuant<br \/>\nto a request for confidential treatment filed with the <\/strong><\/p>\n<p align=\"center\"><strong>Securities and Exchange Commission. The omissions have<br \/>\nbeen indicated by &#8220;[***Redacted***]&#8221;, and the <\/strong><\/p>\n<p align=\"center\"><strong>omitted text has been filed separately with the<br \/>\nSecurities and Exchange Commission.<\/strong><\/p>\n<p>(b) The foregoing rights of indemnification shall be conditioned on the<br \/>\nIndemnified Party (i) furnishing prompt notification to Given Japan as soon as<br \/>\nit becomes aware of such claim or action being made, threatened or reasonably<br \/>\nexpected (this obligation shall not apply to Customers; provided that Customers<br \/>\nshall be required to provide such notice to Suzuken), (ii) permitting Given<br \/>\nJapan or its designee to control defense and settlement of any such third-party<br \/>\nclaim or action, and (iii) cooperating in the defense by Given Japan or its<br \/>\ndesignee at Given Japan&#8217;s expense.<\/p>\n<p>(c) &#8220;<u>Product Liability Claim<\/u>&#8221; means a third party claim based on any<br \/>\ndeath, bodily injury or property damages occurring out of the Given System,<br \/>\nincluding, without limitation, a claim based on the <u>Product Liability Act of<br \/>\nJapan<\/u>, Law No. 85 promulgated on July 1, 1994 as it may be amended.<\/p>\n<p>10. <u>Regulatory Inspections<\/u>. Suzuken shall allow representatives of<br \/>\nregulatory agencies or authorities with jurisdiction over the manufacture,<br \/>\nmarketing and distribution of the Product to tour and inspect all facilities<br \/>\nutilized by Suzuken in the marketing, distribution, or storage, of Product sold<br \/>\nunder this Agreement, and shall co-operate with such representatives in every<br \/>\nreasonable manner. Suzuken shall provide Given Japan with a copy of any notices<br \/>\nof adverse findings, regulatory letters or similar notifications it receives<br \/>\nfrom any other governmental authority setting forth adverse findings or non<br \/>\ncompliance with any applicable laws, regulations or standards relating to the<br \/>\nitems supplied by it hereunder. Suzuken shall also provide Given Japan with a<br \/>\ncopy of its proposed written response to such governmental authority before<br \/>\nsubmission and shall incorporate all changes thereto which Given Japan requests.\n<\/p>\n<p>11. <u>Term and Termination<\/u>.<\/p>\n<p>11.1 <u>Term<\/u>. Subject to the terms and conditions set forth herein, and<br \/>\nunless terminated earlier in accordance with Section 11.3, the term of this<br \/>\nAgreement shall be as set forth in <strong><u>Schedule B<\/u><\/strong> (the<br \/>\n&#8220;<u>Term<\/u>&#8220;).<\/p>\n<p>11.2 <u>Continuation<\/u>. The Term shall be automatically renewed for<br \/>\nconsecutive periods of one (1) year each so long as Suzuken<br \/>\n<strong>[***Redacted***]<\/strong> and (ii) perform all of its obligations under<br \/>\nthis Agreement.<\/p>\n<p>11.3 <u>Termination by Either Party<\/u>. This Agreement and Suzuken &#8216;s<br \/>\ndistribution rights hereunder shall immediately terminate upon the occurrence of<br \/>\nany one of the following:<\/p>\n<p align=\"center\">10<\/p>\n<hr>\n<p align=\"center\"><strong>Portions of this agreement have been omitted pursuant<br \/>\nto a request for confidential treatment filed with the <\/strong><\/p>\n<p align=\"center\"><strong>Securities and Exchange Commission. The omissions have<br \/>\nbeen indicated by &#8220;[***Redacted***]&#8221;, and the <\/strong><\/p>\n<p align=\"center\"><strong>omitted text has been filed separately with the<br \/>\nSecurities and Exchange Commission. <\/strong><\/p>\n<p>(a) a material breach by either Party of its obligations under this Agreement<br \/>\nthat has not been cured (when curable, otherwise this cure period shall not<br \/>\napply) within ninety (90) days from receipt of written notice of thereof from<br \/>\nthe non-breaching Party.<\/p>\n<p>(b) either Party voluntarily files a petition in bankruptcy or liquidation,<br \/>\nor has such a petition involuntarily filed against it, which is not discharged<br \/>\nwithin 45 days after filing, or is placed in receivership, or in the hands of a<br \/>\ntrustee for the benefit of creditors or enters into any analogous situation or<br \/>\nposition under the law of any relevant jurisdiction or ceases doing business in<br \/>\nthe marketing, distribution, manufacture, sale or lease of Products.<\/p>\n<p>11.4 <u>Termination by Given Japan<\/u>. Given Japan may, at its sole<br \/>\ndiscretion, upon <strong>[***Redacted***]<\/strong> prior written notice (unless<br \/>\na shorter time is indicated below), terminate this Agreement (or make the<br \/>\ndistribution rights hereunder non-exclusive in the event that: (i)<br \/>\n<strong>[***Redacted***]<\/strong>; or (ii) <strong>[***Redacted***]<\/strong>; or<br \/>\n(iii) upon <strong>[***Redacted***]<\/strong> prior written notice, in the event<br \/>\nthat <strong>[***Redacted***]<\/strong>.<\/p>\n<p>11.5 <u>Sale after Termination<\/u>. If the term of this Agreement expires or<br \/>\nthis Agreement is terminated by Suzuken due to a breach by Given Japan, Suzuken<br \/>\nshall at its option, (i) have the rights to sell the Products in its inventory<br \/>\nor (ii) cause Given Japan to purchase the Products in good and salable condition<br \/>\nin its inventory at the purchase price. Without prejudice to the foregoing, in<br \/>\nthe event that this Agreement expires or is terminated by Suzuken due to a<br \/>\nbreach by Given Japan, Suzuken may continue to sell the Products to its existing<br \/>\nCustomers until Given Japan or its newly appointed distributor becomes able to<br \/>\nprovide such Customers with the Products. In the event this Agreement is<br \/>\nterminated by Given Japan due to breach by Suzuken or under Section 11.4, the<br \/>\nParties, together with Marubeni and Given Imaging, shall discuss transfer of<br \/>\nSuzuken&#8217;s Customer accounts to Given Japan or its newly appointed distributor to<br \/>\neffect continuous sale of the Products to Suzuken&#8217;s existing Customers.<\/p>\n<p>12. <u>Non-Compete<\/u>. During the Term and,<br \/>\n<strong>[***Redacted***]<\/strong>, (the &#8220;<u>Restriction Period<\/u>&#8220;), Suzuken<br \/>\nshall not without Given Japan&#8217;s prior written consent:<\/p>\n<p>(i) directly or indirectly engage, participate or invest in any business<br \/>\nwhose primary business is the Restricted Business (defined below) in the<br \/>\nTerritory, or assist any business organization or person whose primary business<br \/>\nengages in, or otherwise assist any division or unit of a business organization<br \/>\nor person if the primary business of such division or unit is in the Restricted<br \/>\nBusiness;<\/p>\n<p>(ii) directly or indirectly, on behalf of itself or any other person or<br \/>\nentity, approach, contact or solicit Given Japan&#8217;s customers in connection with<br \/>\nany Restricted Business; or<\/p>\n<p>(iii) directly or indirectly, on behalf of itself or any other person or<br \/>\nentity, solicit the services of, employ or agree to employ, engage or otherwise<br \/>\nretain the services of any person who is or was an employee of Given Japan for<br \/>\nthe purposes of the Restricted Business.<\/p>\n<p align=\"center\">11<\/p>\n<hr>\n<p align=\"center\"><strong>Portions of this agreement have been omitted pursuant<br \/>\nto a request for confidential treatment filed with the <\/strong><\/p>\n<p align=\"center\"><strong>Securities and Exchange Commission. The omissions have<br \/>\nbeen indicated by &#8220;[***Redacted***]&#8221;, and the <\/strong><\/p>\n<p align=\"center\"><strong>omitted text has been filed separately with the<br \/>\nSecurities and Exchange Commission.<\/strong><\/p>\n<p>The &#8220;<u>Restricted Business<\/u>&#8221; shall mean<br \/>\n<strong>[***Redacted***]<\/strong>.<\/p>\n<p>13. <u>Confidentiality<\/u>.<\/p>\n<p>13.1 <u>Confidentiality Obligation<\/u>. (a) Each Party shall hold in trust<br \/>\nand confidence for the other Party all Confidential Information (as defined<br \/>\nbelow) disclosed to the receiving Party at any time during the Term and neither<br \/>\nParty shall disclose such Confidential Information to any person outside of the<br \/>\nother Party. Each Party agrees to indemnify the other Party for any loss<br \/>\nresulting from a breach of its duty to maintain such confidentiality.<\/p>\n<p>(b) &#8220;<u>Confidential Information<\/u>&#8221; means any non-public information, data,<br \/>\ntrade secrets or know-how, or business or technical information of a Party or<br \/>\nother information of a Party related to the Product or any Invention, including,<br \/>\nbut not limited to, ideas, concepts, strategies, business and marketing plans,<br \/>\nfinancial and operational information, investment opportunities and investments,<br \/>\nresearch, product plans, customer and client lists and names, business contact<br \/>\nlists and names, prices and costs, markets, developments, inventions, processes,<br \/>\nmarketing, licenses or other business information of a Party; provided that to<br \/>\nbe treated as Confidential Information, the information (whether disclosed in<br \/>\nwriting or orally) must be either (i) marked &#8220;Confidential&#8221; prior to its<br \/>\ndisclosure or if any of the foregoing is not so marked or which is disclosed<br \/>\norally or observed accidentally, it must be identified in writing as<br \/>\nconfidential within thirty (30) days of disclosure or (ii) clearly confidential<br \/>\nin nature; provided that if there is any doubt as to whether or not the<br \/>\ninformation is clearly confidential in nature, the receiving Party shall confirm<br \/>\nits nature with the disclosing Party.<\/p>\n<p>(c) Confidential Information shall not include any information disclosed by a<br \/>\nParty hereunder which (i) is already known to the receiving Party and which the<br \/>\nreceiving Party had in its rightful possession in written or physical embodiment<br \/>\nprior to the Execution Date, unless such Confidential Information was previously<br \/>\ndisclosed by the receiving Party, (ii) is rightfully received by the receiving<br \/>\nParty in the routine course of business from a third party who acquired such<br \/>\nConfidential Information and the right to disclose same from the disclosing<br \/>\nParty; (iii) is approved for release or publication by written authorization of<br \/>\nthe disclosing Party; or (iv) has become generally available to the public<br \/>\nthrough no act of the receiving Party.<\/p>\n<p>13.2 <u>Limitations on Use; Return of Information<\/u>. Confidential<br \/>\nInformation of the other Party shall not be used by either Party for any<br \/>\npurposes except those for which the information was disclosed by or derived from<br \/>\nthe disclosing Party. All Confidential Information disclosed to a Party<br \/>\nhereunder is, and shall remain, the sole property of the disclosing Party. Upon<br \/>\ntermination or expiration of this Agreement, the receiving Party shall cease use<br \/>\nof all Confidential Information, and shall promptly destroy or return to the<br \/>\ndisclosing Party, all such Confidential Information.<\/p>\n<p>13.3 <u>Need to Know Basis<\/u>. Each Party agrees that the Confidential<br \/>\nInformation received from the other Party shall be disclosed only to such of its<br \/>\nrespective employees and sales or service representatives that have a need to<br \/>\nknow about such Confidential Information for a use authorized by this Agreement.<br \/>\nEach Party undertakes to bind its respective employees, officers, sales,<br \/>\ntechnical, maintenance and service representatives, and other third parties to\n<\/p>\n<p align=\"center\">12<\/p>\n<hr>\n<p>13.4 whom Confidential Information is disclosed as permitted hereunder, to<br \/>\nthe terms and conditions contained herein.<\/p>\n<p>13.5 <u>Ongoing Confidentiality Obligations<\/u>. The obligations respecting<br \/>\nConfidential Information imposed on each Party respectively shall continue<br \/>\nduring the term of this Agreement and for as long as such Party continues to<br \/>\nhold any such Confidential Information of the other Party.<\/p>\n<p>13.6 <u>Limitation of Rights<\/u>. Unless otherwise specifically stated<br \/>\nherein, this Agreement does not grant Suzuken any manufacturing, assembly,<br \/>\nproduction, modification or licensing rights, or any rights in any patents,<br \/>\npatent applications, trademarks, and trade names, copyrights or know-how of<br \/>\nGiven Japan.<\/p>\n<p>13.7 <u>Injunctive Relief<\/u>. Each party hereby acknowledges and agrees that<br \/>\nin the event of its violation hereof the other Party shall be authorized and<br \/>\nentitled to obtain from any court of competent jurisdiction, preliminary and<br \/>\npermanent injunctive relief, which rights and remedies shall be cumulative and<br \/>\nin addition to any other rights or remedies to which each Party shall be<br \/>\nentitled under law or under this Agreement.<\/p>\n<p>14. <u>Independent Contractors<\/u>. The Parties are independent contractors.<br \/>\nNothing in this Agreement shall be construed to constitute the Parties as<br \/>\nprincipal and agent, employer and employee, franchiser and franchisee, partners,<br \/>\njoint venturers, corporate affiliates, co-owners or otherwise as participants in<br \/>\na joint undertaking.<\/p>\n<p>15. <u>Assignment<\/u>. Neither this Agreement nor any of the rights,<br \/>\ninterests or obligations hereunder shall be assigned by either Party without the<br \/>\nprior written consent of the other Party; provided that it is expressly agreed<br \/>\nthat Suzuken may assign this Agreement to its wholly-owned subsidiary, provided<br \/>\nthat (i) Suzuken shall remain jointly and severally liable for satisfaction of<br \/>\nits obligations set forth in this Agreement and (ii) this Agreement shall<br \/>\nautomatically terminate in the event such subsidiary ceases to be a 100% owned<br \/>\nand controlled by Suzuken.<\/p>\n<p>16. <u>Disputes<\/u>.<\/p>\n<p>16.1 <u>Resolution of Disputes<\/u>. The Parties will attempt to resolve all<br \/>\ndisputes arising out of or in connection with this Agreement (including any<br \/>\ndisagreement concerning the validity, enforceability or interpretation of this<br \/>\nAgreement) through amicable and good faith discussions. If a dispute arises<br \/>\namong the Parties then the senior management of each of the Parties shall engage<br \/>\nin amicable and good faith discussions to attempt to resolve such dispute.<\/p>\n<p>16.2 <u>Arbitration<\/u>. In the event the Parties are unable within thirty<br \/>\n(30) days to settle any dispute amicably as provided in Section 16.1, then, such<br \/>\ndispute shall be finally determined under the Rules of Arbitration of the<br \/>\nInternational Chamber of Commerce by a single arbitrator fluent in English. The<br \/>\nplace of such arbitration shall be London, England unless the claim as<br \/>\nsubmitted, or subsequently amended, if accepted by the arbitrator shall have no<br \/>\ndirect or indirect effect on Given Imaging, other than in its capacity as a<br \/>\nshareholder of Given Japan, in which case the arbitration may be in Tokyo,<br \/>\nJapan. The language of the arbitration shall be English. Judgment upon an<br \/>\narbitral award rendered by the arbitrator may be entered in any court having<br \/>\njurisdiction.<\/p>\n<p align=\"center\">13<\/p>\n<hr>\n<p>17. <u>Miscellaneous<\/u>.<\/p>\n<p>17.1 <u>Governing Law and Language<\/u>. This Agreement shall be governed by<br \/>\nand construed in accordance with the laws of Japan, without regard to its<br \/>\nconflict of laws rules. The English language text of this Agreement shall be the<br \/>\nonly binding version. Any translation hereof shall have no legal effect.<\/p>\n<p>17.2 <u>Publication, Press releases<\/u>. Both Parties may release press<br \/>\nreleases that refer to the existence of an agreement between the Parties,<br \/>\nwithout divulging the commercial details of the agreement, and subject to their<br \/>\nrespective confidentiality obligations to each other. Both Parties shall send<br \/>\nthe other Party a copy of any draft press release that refers to the other<br \/>\nParty, for advance approval before release. Approvals will not be unreasonably<br \/>\nwithheld, and shall be provided on a timely basis.<\/p>\n<p>17.3 <u>Recitals and Schedules<\/u>. All Recitals and all Schedules attached<br \/>\nto this Agreement constitute an integral part of this Agreement. The definitions<br \/>\nof this Agreement shall apply to all Schedules.<\/p>\n<p>17.4 <u>Headings<\/u>. The headings of sections and subsections of this<br \/>\nAgreement are inserted only for the purposes of convenience and they shall not<br \/>\nbe construed as to affect the scope, meaning or intent of the provisions of this<br \/>\nAgreement or any part or portion thereof, nor shall they otherwise be given any<br \/>\nlegal effect.<\/p>\n<p>17.5 <u>Notices<\/u>. Any and all notices, requests, demands and other<br \/>\ncommunications required or otherwise contemplated to be made under this<br \/>\nAgreement shall be in writing and in English and Japanese and shall be provided<br \/>\nby one or more of the following means and shall be deemed to have been duly<br \/>\ngiven (i) if delivered personally, when received; (ii) if transmitted by<br \/>\nfacsimile, on the date of transmission with receipt of a transmittal<br \/>\nconfirmation; or (c) if by international courier service, on the fourth Business<br \/>\nDay following the date of deposit with such courier service, or such earlier<br \/>\ndelivery date as may be confirmed in writing to the sender by such courier<br \/>\nservice. Unless otherwise instructed, all such notices, requests, demands and<br \/>\nother communications shall be addressed to Parties at their addresses as<br \/>\nfollows:<\/p>\n<table style=\"width: 100%;\" width=\"100%\" cellpadding=\"0\" class=\" \" border=\"0\" cellspacing=\"0\">\n<tbody>\n<tr>\n<td width=\"144\" valign=\"top\"><\/td>\n<td width=\"48\" valign=\"top\">\n<p>(a)<\/p>\n<\/td>\n<td valign=\"top\">\n<p>if to the Suzuken, to<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>Suzuken Co., Ltd.<\/p>\n<p>8 HigashiKataha : machi<\/p>\n<p>Higashi-ku<\/p>\n<p>Nagoya, Aichi<\/p>\n<p>JAPAN.<\/p>\n<p>Facsimile: (81-52) 951-6696<\/p>\n<p>Attention: Senior General Manager, Business Development Department<\/p>\n<\/p>\n<p align=\"center\">14<\/p>\n<hr>\n<table style=\"width: 100%;\" width=\"100%\" cellpadding=\"0\" class=\" \" border=\"0\" cellspacing=\"0\">\n<tbody>\n<tr>\n<td width=\"144\" valign=\"top\"><\/td>\n<td width=\"48\" valign=\"top\">\n<p>(b)<\/p>\n<\/td>\n<td valign=\"top\">\n<p>if to the Company, to:<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>Given Imaging K.K.<\/p>\n<p>4-12, Hirakawacho 1-chome<\/p>\n<p>Chiyoda-ku, Tokyo<\/p>\n<p>JAPAN.<\/p>\n<p>Facsimile: (81-3) 5215-8765<\/p>\n<p>Attention: Representative Director<\/p>\n<p>with copy to:<\/p>\n<p>Given Imaging Ltd.<\/p>\n<p>New Industrial Park<\/p>\n<p>PO Box 258<\/p>\n<p>Yoqueam 20692, Israel<\/p>\n<p>Fax: 972-4959-2466<\/p>\n<p>Attention: Yoram Ashery, Vice President &#8211; Business Development and Pablo<br \/>\nHalpern, Vice President &#8211; Global Sales and Marketing<\/p>\n<p>17.6 <u>No Waiver<\/u>. Failure by either Party to enforce any provision of<br \/>\nthis Agreement will not be deemed a waiver of future enforcement of that or any<br \/>\nother provision.<\/p>\n<p>17.7 <u>Force Majeure<\/u>. Neither Party shall be responsible for any failure<br \/>\nto perform due to unforeseen circumstances or to causes beyond the Party&#8217;s<br \/>\nreasonable control, including but not limited to acts of God, war, riot,<br \/>\nembargoes, acts of civil or military authorities, fire, floods, accidents,<br \/>\nstrikes, or shortages of transportation, facilities, fuel, energy, labor, or<br \/>\nmaterials. In event of any such delay in delivery or payment, the Party in delay<br \/>\nmay defer the performance date for a period equal to the time of such delay,<br \/>\nprovided that the lack of liquidity by one Party shall not constitute a Force<br \/>\nMajeure.<\/p>\n<p>17.8 <u>Severability<\/u>. If any provision of this Agreement is determined to<br \/>\nbe invalid or unenforceable, the provision shall be deemed to be severable from<br \/>\nthe remainder of this Agreement and shall not cause the invalidity or<br \/>\nunenforceability of the remainder of this Agreement. The Parties shall make<br \/>\ntheir best efforts in order to render effective such provisions of this<br \/>\nAgreement not affected thereby and this Agreement will continue in full force<br \/>\nand effect.<\/p>\n<p>17.9 <u>Entire Agreement<\/u>. This Agreement, including all supplements and<br \/>\nSchedules constitutes the entire agreement between the Parties with respect to<br \/>\nthe subject matter hereof and supersedes all prior agreements, understanding or<br \/>\nrepresentations, oral or written between the Parties hereto regarding such<br \/>\nmatter.<\/p>\n<p>17.10 <u>Amendments<\/u>. This Agreement may be modified or amended only in<br \/>\nwriting, signed by duly authorized representatives of both Parties.<\/p>\n<p>17.11 <u>Counterparts<\/u>. This Agreement may be executed in one or more<br \/>\ncounterparts, each of which shall be deemed an original, but all of which<br \/>\ntogether shall constitute one and the same instrument.<\/p>\n<p align=\"center\">15<\/p>\n<hr>\n<p>17.12 <u>Interpretation<\/u>. (i) In this Agreement, unless the context<br \/>\nrequires otherwise, the singular shall include the plural and vice versa, and a<br \/>\nreference to one gender shall include all genders; (ii) A &#8220;Section&#8221; is a<br \/>\nreference to a Section of this Agreement; (iii) The words &#8220;including&#8221;,<br \/>\n&#8220;includes&#8221; and &#8220;include&#8221; shall be deemed to be followed by the words &#8220;without<br \/>\nlimitation&#8221; or &#8220;but not limited to&#8221; or words of similar import; (iv) The words<br \/>\n&#8220;hereof&#8221;, &#8220;herein&#8221; and &#8220;hereunder&#8221; and other words of similar import used in<br \/>\nthis Agreement refer to this Agreement as a whole and not to any particular part<br \/>\nof this Agreement; (v) References to agreements (including, without limitation,<br \/>\nthis Agreement) and other contractual instruments shall be deemed to include all<br \/>\nappendices, schedules, exhibits, annexes and attachments attached thereto and<br \/>\nall subsequent amendments and other modifications to such agreements; (vi)<br \/>\nReferences to Parties include their respective successors and permitted assigns;<br \/>\nand (vii) Reference to a given applicable law is a reference to that law as<br \/>\namended or modified as of the date on which the reference is made.<\/p>\n<p align=\"center\">[Signature Page Follows]<\/p>\n<p align=\"center\">16<\/p>\n<hr>\n<p>IN WITNESS WHEREOF, the Parties hereto have executed this Agreement, as of<br \/>\nthe Execution Date.<\/p>\n<table style=\"width: 100%;\" width=\"100%\" cellpadding=\"0\" class=\" \" border=\"0\" cellspacing=\"0\">\n<tbody>\n<tr>\n<td colspan=\"2\" width=\"45%\" valign=\"top\">\n<p>GIVEN IMAGING K.K.<\/p>\n<\/td>\n<td width=\"10%\" valign=\"top\"><\/td>\n<td colspan=\"2\" width=\"45%\" valign=\"top\">\n<p>SUZUKEN CO., LTD.<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td colspan=\"2\" width=\"45%\" valign=\"top\"><\/td>\n<td width=\"10%\" valign=\"top\"><\/td>\n<td colspan=\"2\" width=\"45%\" valign=\"top\"><\/td>\n<\/tr>\n<tr>\n<td width=\"5%\" valign=\"top\">\n<p>By:<\/p>\n<\/td>\n<td width=\"40%\" valign=\"top\">\n<p>\/s\/ Hidemi Suzuki<\/p>\n<\/td>\n<td width=\"10%\" valign=\"top\"><\/td>\n<td width=\"5%\" valign=\"top\">\n<p>By:<\/p>\n<\/td>\n<td width=\"40%\" valign=\"top\">\n<p>\/s\/ Masami Kamiya<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td width=\"5%\" valign=\"top\">\n<p>Name:<\/p>\n<\/td>\n<td width=\"40%\" valign=\"top\">\n<p>Hidemi Suzuki<\/p>\n<\/td>\n<td width=\"10%\" valign=\"top\"><\/td>\n<td width=\"5%\" valign=\"top\">\n<p>Name:<\/p>\n<\/td>\n<td width=\"40%\" valign=\"top\">\n<p>Masami Kamiya<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td width=\"5%\" valign=\"top\">\n<p>Title:<\/p>\n<\/td>\n<td width=\"40%\" valign=\"top\">\n<p>Representative Director<\/p>\n<\/td>\n<td width=\"10%\" valign=\"top\"><\/td>\n<td width=\"5%\" valign=\"top\">\n<p>Title:<\/p>\n<\/td>\n<td width=\"40%\" valign=\"top\">\n<p>Director &amp; Senior General Manager Headquarters of Corporate Planning<br \/>\nDepartment, General Manager Corporate Planning Department<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td width=\"5%\" valign=\"top\"><\/td>\n<td width=\"40%\" valign=\"top\"><\/td>\n<td width=\"10%\" valign=\"top\"><\/td>\n<td width=\"5%\" valign=\"top\"><\/td>\n<td width=\"40%\" valign=\"top\"><\/td>\n<\/tr>\n<tr>\n<td colspan=\"2\" width=\"45%\" valign=\"top\">\n<p>Acknowledged:<\/p>\n<\/td>\n<td width=\"10%\" valign=\"top\"><\/td>\n<td colspan=\"2\" width=\"45%\" valign=\"top\">\n<p>Acknowledged:<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td colspan=\"2\" width=\"45%\" valign=\"top\">\n<p>GIVEN IMAGING LTD.<\/p>\n<\/td>\n<td width=\"10%\" valign=\"top\"><\/td>\n<td colspan=\"2\" width=\"45%\" valign=\"top\">\n<p>MARUBENI CORPORATION<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td colspan=\"2\" width=\"45%\" valign=\"top\"><\/td>\n<td width=\"10%\" valign=\"top\"><\/td>\n<td colspan=\"2\" width=\"45%\" valign=\"top\"><\/td>\n<\/tr>\n<tr>\n<td width=\"5%\" valign=\"top\">\n<p>By:<\/p>\n<\/td>\n<td width=\"40%\" valign=\"top\">\n<p>\/s\/ Dr. Gavriel D. Meron<\/p>\n<\/td>\n<td width=\"10%\" valign=\"top\"><\/td>\n<td width=\"5%\" valign=\"top\">\n<p>By:<\/p>\n<\/td>\n<td width=\"40%\" valign=\"top\">\n<p>\/a\/ Hitoshi Sakamoto<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td width=\"5%\" valign=\"top\">\n<p>Name:<\/p>\n<\/td>\n<td width=\"40%\" valign=\"top\">\n<p>Dr. Gavriel D. Meron<\/p>\n<\/td>\n<td width=\"10%\" valign=\"top\"><\/td>\n<td width=\"5%\" valign=\"top\">\n<p>Name:<\/p>\n<\/td>\n<td width=\"40%\" valign=\"top\">\n<p>Hitoshi Sakamoto<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td width=\"5%\" valign=\"top\">\n<p>Title:<\/p>\n<\/td>\n<td width=\"40%\" valign=\"top\">\n<p>President and Chief Executive Officer<\/p>\n<\/td>\n<td width=\"10%\" valign=\"top\"><\/td>\n<td width=\"5%\" valign=\"top\">\n<p>Title:<\/p>\n<\/td>\n<td width=\"40%\" valign=\"top\">\n<p>Corporate Vice President, Executive Corporate Officer, Business Incubation<br \/>\nDept.<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td width=\"5%\" valign=\"top\"><\/td>\n<td width=\"40%\" valign=\"top\"><\/td>\n<td width=\"10%\" valign=\"top\"><\/td>\n<td width=\"5%\" valign=\"top\"><\/td>\n<td width=\"40%\" valign=\"top\"><\/td>\n<\/tr>\n<tr>\n<td width=\"5%\" valign=\"top\">\n<p>By:<\/p>\n<\/td>\n<td width=\"40%\" valign=\"top\">\n<p>\/s\/ Pablo Halpern<\/p>\n<\/td>\n<td width=\"10%\" valign=\"top\"><\/td>\n<td width=\"5%\" valign=\"top\"><\/td>\n<td width=\"40%\" valign=\"top\"><\/td>\n<\/tr>\n<tr>\n<td width=\"5%\" valign=\"top\">\n<p>Name:<\/p>\n<\/td>\n<td width=\"40%\" valign=\"top\">\n<p>Pablo Halpern<\/p>\n<\/td>\n<td width=\"10%\" valign=\"top\"><\/td>\n<td width=\"5%\" valign=\"top\"><\/td>\n<td width=\"40%\" valign=\"top\"><\/td>\n<\/tr>\n<tr>\n<td width=\"5%\" valign=\"top\">\n<p>Title:<\/p>\n<\/td>\n<td width=\"40%\" valign=\"top\">\n<p>Vice President, Global Sales and Marketing<\/p>\n<\/td>\n<td width=\"10%\" valign=\"top\"><\/td>\n<td width=\"5%\" valign=\"top\"><\/td>\n<td width=\"40%\" valign=\"top\"><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p align=\"center\">[Signature Page to Distribution Agreement]<\/p>\n<hr>\n<\/p>\n<p align=\"center\"><strong>Portions of this agreement have been omitted pursuant<br \/>\nto a request for confidential treatment filed with the <\/strong><\/p>\n<p align=\"center\"><strong>Securities and Exchange Commission. The omissions have<br \/>\nbeen indicated by &#8220;[***Redacted***]&#8221;, and the <\/strong><\/p>\n<p align=\"center\"><strong>omitted text has been filed separately with the<br \/>\nSecurities and Exchange Commission.<\/strong><\/p>\n<p><strong><u>Schedule A<\/u><\/strong><\/p>\n<\/p>\n<p><strong>[***Redacted***]<\/strong><\/p>\n<\/p>\n<hr>\n<\/p>\n<p align=\"center\"><strong>Portions of this agreement have been omitted pursuant<br \/>\nto a request for confidential treatment filed with the <\/strong><\/p>\n<p align=\"center\"><strong>Securities and Exchange Commission. The omissions have<br \/>\nbeen indicated by &#8220;[***Redacted***]&#8221;, and the <\/strong><\/p>\n<p align=\"center\"><strong>omitted text has been filed separately with the<br \/>\nSecurities and Exchange Commission.<\/strong><\/p>\n<p><strong><u>Schedule B<\/u><\/strong><\/p>\n<p><strong>[***Redacted***]<\/strong><\/p>\n<hr><\/p>\n","protected":false},"template":"","meta":{"_acf_changed":false,"_stopmodifiedupdate":true,"_modified_date":"","_cloudinary_featured_overwrite":false},"corporate_contracts_companies":[7641],"corporate_contracts_industries":[9438],"corporate_contracts_types":[9613,9619],"class_list":["post-42241","corporate_contracts","type-corporate_contracts","status-publish","hentry","corporate_contracts_companies-given-imaging-ltd","corporate_contracts_industries-health__misc","corporate_contracts_types-operations","corporate_contracts_types-operations__sales"],"acf":[],"_links":{"self":[{"href":"https:\/\/corporate.findlaw.com\/legal-api\/wp-json\/wp\/v2\/corporate_contracts\/42241","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/corporate.findlaw.com\/legal-api\/wp-json\/wp\/v2\/corporate_contracts"}],"about":[{"href":"https:\/\/corporate.findlaw.com\/legal-api\/wp-json\/wp\/v2\/types\/corporate_contracts"}],"wp:attachment":[{"href":"https:\/\/corporate.findlaw.com\/legal-api\/wp-json\/wp\/v2\/media?parent=42241"}],"wp:term":[{"taxonomy":"corporate_contracts_companies","embeddable":true,"href":"https:\/\/corporate.findlaw.com\/legal-api\/wp-json\/wp\/v2\/corporate_contracts_companies?post=42241"},{"taxonomy":"corporate_contracts_industries","embeddable":true,"href":"https:\/\/corporate.findlaw.com\/legal-api\/wp-json\/wp\/v2\/corporate_contracts_industries?post=42241"},{"taxonomy":"corporate_contracts_types","embeddable":true,"href":"https:\/\/corporate.findlaw.com\/legal-api\/wp-json\/wp\/v2\/corporate_contracts_types?post=42241"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}