Common use of Design Fees Clause in Contracts

Design Fees. In the event that during the term of this Agreement Medtronic requests that WGL supply to it a new model or models of SVO Battery under this Agreement, then Medtronic will pay to WGL a reasonable design fee for WGL's efforts in designing such new model or models of SVO Battery. Such design fee shall be mutually agreed to by the parties in good faith and in no event will such fee be greater than an amount equal in all material respects to that being paid at or near the time of such design changes by other purchasers for a comparable degree of design changes to SVO Batteries purchased from WGL. Any significant design changes for SVO Batteries in production shall cost a minimum of *.

Appears in 2 contracts

Sources: Supply Agreement (Wilson Greatbatch Technologies Inc), Supply Agreement (Wilson Greatbatch Technologies Inc)