Common use of Buyer Requested Changes Clause in Contracts

Buyer Requested Changes. Buyer agrees to notify Seller in writing of all proposed ECOs. This notification will include the appropriate documentation to support Seller's investigation of the impact of this proposal. Seller is to report to Buyer within [*] of Buyer's request the feasibility of the implementation of the ECO and if possible, the estimated charges that would be incurred for obsolete work-in-process material, raw material, and on-order material. Buyer will review the labor and material costs and impact for the implementation of the ECO. If new material is required for the ECO, lead time and new Product price will be reviewed and mutually agreed upon. Buyer is to notify Seller in writing within [*] after receipt of Seller's cost report of its decision as to the proposed ECO, associated costs, and the implementation dates. Seller will execute an agreed ECO per a mutually-agreed upon phase-in plan that will not, under any circumstances, exceed the maximum of lead-time for new or different Components plus two weeks.