Common use of Pricing and Shipment Clause in Contracts

Pricing and Shipment. Prices for the Product and Services purchased and/or licensed hereunder shall be as described in Schedule B (Price) to this Agreement which shall be either on USD FCA or INR DDP basis (Incoterms 2000) (the “Prices”) based on mutual agreement. Prices, (where the Delivery Terms are on FCA basis) for the supply of the Product are in U.S. Dollars, (FCA, Shanghai, China for Equipment/element) and in U.S. Dollars, (FCA, JFK, USA for Software). (Incoterms 2000). For export of Equipment/Element, on FCA basis, Delivery shall be FCA, Shanghai, China facility of the carrier designated by TTL in the Order, or in the absence of such designation, the carrier designated by UTSI (the “Carrier”) in accordance with the above mentioned Incoterms 2000.