Common use of Scale of Production Clause in Contracts

Scale of Production. It is anticipated by the Parties that the annual production capacity of the Company at the completion of all investment phases will reach 28.5 billion units of miniature surface mount IC packages and 728,000 6-inch IC and Discrete wafers. The Board of Directors of the Company shall have complete autonomy in the formulation and execution of the Company’s production policies in order to achieve these goals, and may expand or reduce the Company’s scale of production in accordance with market demands and the Company’s business situation.

Appears in 2 contracts

Sources: Joint Venture Contract, Joint Venture Contract (On Semiconductor Corp)

Scale of Production. It is anticipated by the Parties that the annual production capacity of the Company at the completion of all investment phases will reach 28.5 billion units of miniature surface mount IC packages and 728,000 6-inch IC and Discrete wafers. The Board of Directors of the Company shall have complete autonomy in the formulation and execution of the Company’s 's production policies in order to achieve these goals, and may expand or reduce the Company’s 's scale of production in accordance with market demands and the Company’s 's business situation.

Appears in 1 contract

Sources: Joint Venture Agreement (On Semiconductor Corp)