Common use of Change in Products Clause in Contracts

Change in Products. 5.1 SIEMENS may request technical changes of the Products relating to improvement, reliability, serviceability or to requests of the market, customers, or requirement of authorities and TANISYS must comply with such change request. TANISYS will inform SIEMENS within ten (10) working-days after receiving such requests of the result of its evaluation of the change in writing. The parties shall mutually agree upon prices and implementation schedules for such changes. 5.2 If TANISYS proposes to modify or change the Products so as to deviate from the specifications set forth in Attachment A to this Agreement, TANISYS shall inform SIEMENS in writing. SIEMENS may approve or disapprove such modifications or change request and will inform TANISYS in writing thirty (30) working days after receipt of notice of such a change in request. Such a proposed modification or change may only be implemented by TANISYS upon the express approval by SIEMENS. When modification or changes are approved and introduced into manufacturing, TANISYS shall inform SIEMENS as to final technical version of change and when the first shipment may be expected. SIEMENS will then determine how many units of the ordered or forecasted amount shall be shipped without the modifications or changes until first shipment takes place according to the new revision level. 5.3 Regarding changes as per Article 5.2 above, TANISYS shall, upon request, submit to SIEMENS free of charge, samples of the modified Products at least thirty (30) days before first delivery of said products, for testing purposes.

Appears in 2 contracts

Sources: Manufacturing Agreement (Tanisys Technology Inc), Manufacturing Agreement (Tanisys Technology Inc)