Common use of Manufacturing Improvements Clause in Contracts

Manufacturing Improvements. The parties shall work together to reduce manufacturing costs and to improve yields, quality and performance. VisiJet shall have the right to request that the Products be sourced by ▇▇▇▇▇▇▇ through a third party, provided that such outsourcing reduces ▇▇▇▇▇▇▇'▇ cost and, the parties shall share any such cost savings equally by corresponding adjustments to the purchase price payable by VisiJet for such Products.

Appears in 3 contracts

Sources: Manufacturing Agreement (Advanced Refractive Technologies, Inc.), Manufacturing, Supply and Distribution Agreement (Visijet Inc), Manufacturing, Supply and Distribution Agreement (Visijet Inc)