Common use of Adjustments for Required Changes Clause in Contracts

Adjustments for Required Changes. Toyota and Tesla will negotiate in good faith the charges for such Required Changes, including, but not limited to engineering fees, tooling and equipment costs, and obsolescence chargers for any Products made obsolete or otherwise impracticable by such Required Changes. Any price or other adjustment shall be evidenced by a new or revised Contract Document.

Appears in 2 contracts

Sources: Supply and Services Agreement, Supply and Services Agreement (Tesla Motors Inc)