Common use of Packaging Specifications Clause in Contracts

Packaging Specifications. Duramed shall package the Shire Product in accordance with the Packaging Specifications. Changes in the Packaging Specifications shall be subject to the mutual agreement of the Parties on a schedule to be agreed by the Parties, taking into account the time and cost required for Duramed to implement any necessary manufacturing or packaging modifications. Shire shall compensate Duramed for the cost of any inventory of old packaging that cannot be used as a result of any modification by Shire to the Packaging Specifications, and for any other costs incurred as a result of the implementation of the modifications to the Packaging Specifications requested by Shire. Shire will be responsible for ensuring the accuracy of all information contained on all labels for Shire Products and for the compliance of all such labels with applicable Laws and Regulatory Approvals.