Common use of ECOs Clause in Contracts

ECOs. Licensor may, upon advance written notice to Suntech, submit engineering change orders (“ECOs”) for changes to the Products. ECOs will include documentation of the change to effectively support an investigation of the impact of the engineering change. Suntech will review the ECO and report to Licensor within twenty (20) business days of Suntech’s receipt of the ECO. If the ECO affects the manufacturing costs or timing of the Products or otherwise affects the price or manufacturing process of the affected Products, the parties agree to negotiate in good faith an equitable adjustment to the price and/or delivery timing of the affected Products prior to implementation of the change. The parties agree that twenty (20) business days is a reasonable time period to permit Suntech to evaluate ECO impact regarding potential excess manufacturing costs and price. Suntech may in its sole discretion decide to reject any ECO that it reasonably believes will adversely effect its obligations under this Agreement.