Common use of Forecasting Process Clause in Contracts

Forecasting Process. PROBE has set forth its initial estimates of its anticipated purchase projection from BM in Attachment C. BM understands that these estimates are not binding, except for 1998, and do not establish any minimum amount of purchases by GEN-PROBE. For purposes of BM's long term manufacturing capacity planning, GEN-PROBE shall provide to BM annually by the last day of September, a revised projection of purchase volume for each of the succeeding three (3) calendar years or for the remaining period of the contract, whichever period is shorter. Each year BM and GEN-PROBE shall agree on the quantity of the Products to be delivered in the next year for any Product as to which GEN-PROBE ordered more than twice the projected amount for the preceding year. The lead time to adjust BM's manufacturing capacity to said quantity will be negotiated and agreed upon following agreement with the new projection. All such estimates shall be considered to be confidential and proprietary information of GEN-PROBE under this Agreement.