New Product Development. Both Buyer and Seller shall work together to develop designs and processes at target costs that establish the lowest possible cost of any new products. Seller agrees to provide all price/cost submissions with full cost disclosure throughout the iterative design process. Nothing in this Article shall be construed as an obligation on the part of Buyer to develop or purchase any products other than those Products covered by this Agreement.
Appears in 3 contracts
Sources: Comprehensive Supply Agreement (Core Materials Corp), Comprehensive Supply Agreement (Core Materials Corp), Comprehensive Supply Agreement (Core Materials Corp)