Common use of Cost Reconciliation Clause in Contracts

Cost Reconciliation. During the [***] period of cost recovery a rate of recovery check point will occur ¨ Within [***] of purchase ¨ Every [***] thereafter ¨ [***] prior to the end of the [***] period to insure full recovery ¨ These reconciliations will be the responsibility of the local program manager and global program manager. Reconciliations will determine if the cost recovery is adequate or if a modification of the adder(s) is required.