Common use of Pricing Process Clause in Contracts

Pricing Process. Prices for vehicles to be produced in the Plant, including Contract Products, shall be set on [***] basis based on [***]. The Supplier will decide on the prices that the Supplier shall charge for vehicles to be produced in the Plant, including the Contract Products, for [***]. The prices shall be reviewed on [***] basis and may be amended by the Supplier at its discretion if necessary to cover costs for production of vehicles in the Plant, e.g. due to the production of vehicles in the Plant not reaching the estimated volumes or due to fluctuations in costs for material, etc. The timeline for price setting is illustrated by graph 2 below. [***] In case of disagreement between the Parties on price adjustments, it will be handled in accordance with Section 12 in the General Terms.