Common use of Relocation Plan Clause in Contracts

Relocation Plan. The Customer hereby approves the Company’s Component Part production relocation plan as set forth in Exhibit H (the “Relocation Plan”); provided, however, the Company agrees that the implementation of the Relocation Plan will be (a) without any additional costs to the Customer, including any costs associated with the building of any required inventory banks or any other costs incurred by the Company in transitioning the business with the specific exception of any freight differential, which shall become an adjustment (as agreed upon) to the base price at the time of relocation of production, and (b) in compliance with all of the Customer’s processes and procedures regarding the transitioning of business, including obtaining the Customer’s prior approval and submitting a detailed plan reasonably acceptable to the Customer outlining the proposed transition before effectuating any such transition.