Common use of Excess Inventory Disposition Clause in Contracts

Excess Inventory Disposition. Termination Pursuant to Paragraph 19.2.1 or 19.2.3. In the case of termination pursuant to paragraph 19.2.1 or 19.2.3, both Contractor and Company agree to negotiate in good faith the disposition of any excess inventories that exist at the effective date of termination.

Appears in 2 contracts

Sources: Product Manufacturing Agreement, Product Manufacturing Agreement (Rf Monolithics Inc /De/)