Price Transparency. LHE shall not renegotiate the price on IOMC's -------------------- purchase order to LHE for products to be purchased with the designated suppliers, unless the supplier and LHE offer IOMC the same reduction in price for such products. LHE agrees to provide and execute a Tri-Party Agreement to be negotiated and entered into between IOMC, LHE and each supplier that IOMC instructs LHE to purchase products from. LHE agrees that the Tri-Party Agreement shall include, but not be limited to, LHE's agreement that LHE shall not renegotiate prices with the supplier.
Appears in 2 contracts
Sources: Amended and Restated Agreement (I/Omagic Corp), International Purchasing Agreement (I/Omagic Corp)