Common use of Customer Price Clause in Contracts

Customer Price. The minimum Customer price for all services will be the price as specified in Appendix C, Pricing Index. Customer Price includes the DIR Cost Recovery Fee specified in Section 5. 1) The price to the Customer shall be the fixed price listed in Appendix C; or, if no fixed price is listed, the price shall be calculated as follows: Customer Price = MSRP – Customer Discount 2) Customers purchasing products and services under this Contract may negotiate more advantageous pricing or participate in special promotional offers. In such event, a copy of such better offerings shall be furnished to DIR upon request. 3) If Customer Price for Vendor’s products or services available under this Contract are provided at a lower price to: (i) an eligible Customer in Texas who is not purchasing those products or services under this Contract then the available Customer Price in Appendix C to this Contract shall be adjusted to that lower price as noted below. This requirement applies to products or services quoted directly by Cisco Systems, Inc. for a quantity of one (1) under like terms and conditions, and does not apply to volume or special pricing purchases. Upon either Customer’s notice to Vendor, or Vendor’s notice to Customer that the party(ies) have become aware of this pricing differential and the pricing differential has been confirmed by Vendor or Customer provides reasonable confirmation to Vendor, this Contract shall be amended within ten (10) business days to reflect the lower price.