Common use of Cost Reduction Projects Clause in Contracts

Cost Reduction Projects. Flextronics agrees to seek ways to reduce the cost of manufacturing Products by methods such as elimination of Materials, redefinition of Specifications, and re-design of assembly or test methods. Upon implementation of such ways that have been initiated by Flextronics and approved by Customer, Flextronics will receive [***] of the demonstrated cost reduction for [***]. Customer will receive [***] of the demonstrated cost reduction upon implementation of such ways initiated by Customer.

Appears in 3 contracts

Sources: Manufacturing Agreement (Cyan Inc), Manufacturing Services Agreement (Cyan Inc), Manufacturing Agreement (Insulet Corp)

Cost Reduction Projects. Flextronics agrees to seek ways to reduce the cost of manufacturing Products by methods such as elimination of Materials, redefinition of Specifications, and re-design of assembly or test methods. Upon implementation of such ways that have been initiated by Flextronics and approved by Customer, Flextronics will receive [***] ]% of the demonstrated cost reduction for [***]six months. Customer will receive [***] ]% of the demonstrated cost reduction upon implementation of such ways initiated by Customer.

Appears in 2 contracts

Sources: Manufacturing Agreement (Advanced BioHealing Inc), Manufacturing Agreements (Advanced BioHealing Inc)

Cost Reduction Projects. Flextronics agrees to seek ways endeavor to reduce the cost of manufacturing Products by [***] annually by methods such as as, among other things, elimination of Materials, redefinition of Specifications, third party component price reductions and re-design of assembly or test methods. Upon implementation of such ways that have been initiated by Customer will cooperate in Flextronic’s cost reduction efforts to the extent commercially reasonable for Customer. Flextronics and approved by Customer, Flextronics will receive [***] of the demonstrated cost reduction for Customer agree to conduct quarterly reviews to analyze potential methods to reduce manufacturing costs. [***]. Customer will receive [***] of the demonstrated cost reduction upon implementation of such ways initiated by Customer.

Appears in 2 contracts

Sources: Manufacturing Agreement (Tintri, Inc.), Manufacturing Agreement (Tintri, Inc.)

Cost Reduction Projects. Flextronics agrees to seek ways to reduce the cost of manufacturing Products by methods such as elimination of Materials, redefinition of Specifications, and re-design of assembly or test methods. Upon implementation *** of such ways that have been initiated by Flextronics *** and approved by Customer, Flextronics will receive [***] , *** shall receive *** of the demonstrated cost reduction *** for [***]. Customer will , after which, *** shall receive [*** of the ***] . *** shall receive *** of the demonstrated cost reduction *** upon implementation *** of such ways initiated by Customer***.

Appears in 2 contracts

Sources: Manufacturing Agreement (Violin Memory Inc), Manufacturing Services Agreement (Violin Memory Inc)

Cost Reduction Projects. Flextronics agrees to seek ways to reduce the cost of manufacturing Products by methods such as elimination of Materials, redefinition of Specifications, and re-design of assembly or test methods. Upon implementation of such ways that have been initiated by Flextronics ▇▇▇▇▇▇▇▇▇▇▇ and approved by Customer, Flextronics will receive [***] of the demonstrated cost reduction for [***]. Customer will receive [***] of the demonstrated cost reduction upon implementation of such ways initiated by Customer.

Appears in 2 contracts

Sources: Manufacturing Agreement (Nextracker Inc.), Manufacturing Agreement (Nextracker Inc.)

Cost Reduction Projects. Flextronics agrees to seek ways to reduce the cost of manufacturing Products by methods such as elimination of Materials, redefinition of Specifications, and re-design of assembly or test methods. Upon implementation of such ways that have been initiated by Flextronics and approved by Customer, Flextronics will receive [***] of the demonstrated cost reduction for [***]. Customer will receive [***] of the demonstrated cost reduction upon implementation of such ways initiated by Customer.

Appears in 2 contracts

Sources: Manufacturing Services Agreement (Infoblox Inc), Manufacturing Services Agreement (Infoblox Inc)

Cost Reduction Projects. Flextronics agrees to seek ways to reduce the cost of manufacturing Products by methods such as elimination of Materials, redefinition of Specifications, and re-design of assembly or test methods. Upon implementation of such ways that have been initiated by Flextronics and approved by Customer, Flextronics will receive [***] 50% of the demonstrated cost reduction for [***]six months. Customer will receive [***] 100% of the demonstrated cost reduction upon implementation of such ways initiated by Customer.

Appears in 1 contract

Sources: Manufacturing Agreements (Clearone Communications Inc)

Cost Reduction Projects. Flextronics agrees to seek ways to reduce the cost of manufacturing Products by methods such as a elimination of Materials, redefinition of Specifications, Specifications and re-design of assembly or test methods. Upon implementation of such ways that have been initiated by Flextronics and approved by Customer, Flextronics will receive [***] 50% of the demonstrated cost reduction for [***]six months. Customer will receive [***] 100% of the demonstrated cost reduction upon implementation of such ways initiated by Customer.

Appears in 1 contract

Sources: Manufacturing Agreement (IIM Global Corp)

Cost Reduction Projects. Flextronics agrees to seek ways to reduce the cost of manufacturing Products by methods such as elimination of Materials, redefinition of Specifications, and re-design of assembly or test methods. Flextronics will present to Customer any proposal for cost reduction projects and will implement such projects only with the prior written approval of Customer. Upon implementation of such ways that have been initiated by Flextronics and approved by Customer, Flextronics will receive [***] ]% of the demonstrated cost reduction for the full Customer [***]] after implementation. Customer will receive [***] ]% of the demonstrated cost reduction upon implementation of such ways initiated by Customer[***].

Appears in 1 contract

Sources: Manufacturing Services Agreement (Hemosense Inc)