Common use of Mandatory Modifications Clause in Contracts

Mandatory Modifications. In the event any changes must be made in the ----------------------- Products to comply with official requirements (including governmental regulation or industrial standards), Apical shall make any such changes to Products. It is understood that this may result in schedule changes, non-recurring expenses or Product price adjustments which will be negotiated by the parties in good faith at such time. With respect to Products changed to comply with such requirements that have been ordered but not yet delivered, an appropriate adjustment of the delivery date shall be agreed by the parties.

Appears in 2 contracts

Sources: Development and Supply Agreement (Somnus Medical Technologies Inc), Development and Supply Agreement (Somnus Medical Technologies Inc)