Common use of Align Clause in Contracts

Align. Rite shall provide ▇▇▇▇▇▇ with expedited Product services at an additional charge, which shall be in addition to the Product prices set forth in the Product and Services Pricing Schedule, and shall be payable by ▇▇▇▇▇▇ in accordance with Section 7.3. Such additional charge shall be calculated as follows: (i) for 24-hour Product delivery cycletime, ▇▇▇▇▇▇ shall pay Align-Rite an additional amount equal to 65% of the Product prices set forth in the Product and Services Pricing Schedule, as such Product and Services Pricing Schedule is amended pursuant to Section 3.1, and (ii) for 48-hour Product delivery cycletime, ▇▇▇▇▇▇ shall pay Align-Rite an additional amount equal to 32.5% of the Product prices set forth in the Product and Services Pricing Schedule, as such Product and Services Pricing Schedule is amended pursuant to Section 3.1; provided, however, that during the first Product Period of the Agreement, Align-Rite shall provide ▇▇▇▇▇▇ with such expedited product services at no additional charge to ▇▇▇▇▇▇ for up to an aggregate amount not to exceed $28,354 per month, which monthly amount shall be calculated using the formulae set forth in items (i) and (ii) above.

Appears in 2 contracts

Sources: Photomask Supply and Strategic Alliance Agreement (Intersil Holding Co), Asset Purchase Agreement (Intersil Corp)