ACCEPTANCE OF COMPLETED WORK. The completed work (DTS), as developed by Huger or third-party under the direction of Huger shall be deemed accepted by Personics, unless within thirty (30) days of delivery (and written notice thereof) to Personics, Personics gives Huger written notice that DTS does not materially conform to its specifications. In such event, Huger shall have sixty (60) days from receipt of such notice to make and submit to Personics such changes as shall be reasonably required to correct the material deficiencies set forth in the notice. In the event that such changes are submitted to Personics by Huger, Personics shall have an additional thirty (30) day period in which to reexamine and retest DTS. If no changes are submitted, or the changes submitted do not correct the deficiencies, then Personics may, at its option, after written notice to Huger, correct or complete DTS, with the cooperation of Huger, and deduct an amount equal to Personics' reasonable costs incurred from any payments due Huger under this Agreement.
Appears in 2 contracts
Sources: Option Purchase Agreement, Option Purchase Agreement (Datawatch Corp)