Common use of Pricing Model Clause in Contracts

Pricing Model. The parties have anticipated that changes will occur in the design, Specifications, Piece Parts, and other elements of Items to be provided pursuant to this Agreement and have negotiated the pricing model shown in Attachment 1 to accommodate such changes and to apply to Items that are affected by such change. The pricing model is agreed to apply appropriately to Items as changed in the future. However, if unanticipated changes not within the contemplation of the parties have a material and adverse impact on the operation of the pricing model, and alternative pricing is not agreed to by the parties at the time, then the Item(s) affected shall be removed from this Agreement. Such removal shall not be classified as a partial termination.

Appears in 3 contracts

Sources: Global Supply Agreement (Celerity Group Inc), Global Supply Agreement (Celerity Group Inc), Global Supply Agreement (Celerity Group Inc)