Common use of Work Statements Clause in Contracts

Work Statements. During the term of this Agreement, KMC may propose, and Gen-Probe may request, Scope Changes by delivering to the other party a proposed "Work Statement." A "Work Statement" shall mean a proposal of KMC or a purchase order of *** Certain information on this page has been omitted and filed separately with the Commission. Confidential treatment has been requested with respect to the omitted portions. Gen-Probe, or another written document labeled as a "Work Statement" that contains the following information: a description of the services to be performed and deliverables; the estimated cost of such services and the proposed payment schedule; the name of the person(s) who will be the points of contact under the Work Statement for each party; the estimated time schedule for performance and delivery of the deliverables; whether the proposed deliverables could be incorporated into existing Pilot Instruments pursuant to the retrofit provisions of Section 5.7, and completion and acceptance criteria. In addition, when applicable, a Work Statement may include: provisions for written and/or oral progress reports by KMC; detailed functional and technical specifications and standards for all services and deliverables, including quality standards; documentation standards; test plans; provisions for an analysis of the specific effect of the Scope Change on the schedule, cost of materials, and the Transfer Price of the Instrument.