Common use of Blanket Orders Clause in Contracts

Blanket Orders. Clampco Products, Inc. may accept customer blanket orders for Clampco Products, Inc. Products under the “Standard Terms and Conditions of Sale” as outlined in this document, with the additional conditions as follows. A. All blanket purchase orders will contain, a purchase order number, unit pricing, total quantity, scheduled quantities, and release delivery dates. B. Clampco Products, Inc. blanket orders will have a maximum duration of (12) months. All blanket orders will be shipped complete within one year (12 months) period from the date of the first shipment on the order. C. Any extensions to this shipping policy must be approved in writing by Clampco Products, Inc. management five working days prior to the next scheduled ship date on the blanket order. D. Any pricing considerations extended by Clampco Products, Inc. based on the quantities involved in the blanket order will be honored except under the following conditions. If the blanket order is cancelled prior to completion, a cancellation charge will be assessed that may include order cancellation charges, and retraction of the initial pricing considerations that were extended and were based solely on the blanket order quantity. If the blanket order is extended by Clampco Products, Inc. for a period exceeding the original twelve months order period, Clampco Products, Inc. will have the right to pass on any price increases they have incurred on the non-shipped portion of a blanket order that has been extended beyond its original term length. E. Blanket orders may be cancelled by Clampco Products, Inc. with 30 days written notice.

Blanket Orders. Clampco Products▇▇▇▇▇, Inc. may accept customer blanket orders for Clampco Products▇▇▇▇▇, Inc. Products under the “Standard "standard Terms and Conditions of Sale” " as outlined in this document, with the additional conditions as follows. A. (a) All blanket purchase orders will contain, a purchase order number, unit pricing, total quantity, scheduled quantities, schedule quantity and release delivery dates. B. Clampco Products(b) ▇▇▇▇▇, Inc. blanket orders will have a maximum duration of (12) months. All blanket orders will be shipped complete within one year (12 months) period from the date of the first shipment on the order. C. (c) Any extensions to this shipping policy must be approved in writing by Clampco Products▇▇▇▇▇, Inc. management Management five working days prior to the next scheduled ship date on the blanket order. D. (d) Any pricing considerations extended by Clampco Products▇▇▇▇▇, Inc. based on the quantities involved in the blanket order will be honored except under the following conditions. If the blanket order is cancelled canceled prior to completion, a cancellation charge will be assessed that may include order cancellation charges, and retraction of the initial pricing considerations that were extended and were based solely on the blanket order quantity. If the blanket order is extended by Clampco Products▇▇▇▇▇, Inc. for a period exceeding the original twelve months order period, Clampco Products▇▇▇▇▇, Inc. will have the right to pass on any price increases they have incurred on the non-non shipped portion of a blanket order that has been extended beyond its original term length. E. (e) Blanket orders may be cancelled canceled by Clampco Products▇▇▇▇▇, Inc. with 30 days written noticenotice if ▇▇▇▇▇, Inc. discontinues such products. ▇▇▇▇▇, Inc. will provide equal or superior products to fulfill the blanket order agreement.