Procedure for Epidemic Condition Sample Clauses

The Procedure for Epidemic Condition clause outlines the steps and protocols that parties must follow in the event of an epidemic affecting the performance of contractual obligations. Typically, this clause specifies notification requirements, temporary suspension of certain duties, and possible adjustments to timelines or deliverables if an epidemic disrupts normal operations. Its core function is to provide a clear, agreed-upon process for managing unforeseen disruptions caused by widespread health emergencies, thereby reducing uncertainty and potential disputes between parties.
POPULAR SAMPLE Copied 1 times
Procedure for Epidemic Condition. If a Product shows evidence of an Epidemic Condition, each Party shall notify the other Party within two (2) Business Days of becoming aware of such Epidemic Condition. Nortel Networks may also notify Flextronics of such a condition throughout the life of the Product. Upon notification to Flextronics of the Epidemic Condition, Nortel Networks shall have the right, pending correction of the Epidemic Condition as provided herein, to postpone further shipments of such Product evidencing the Epidemic Condition, by giving notice of such postponement to Flextronics. Until such Epidemic Condition is corrected, such postponement shall relieve Flextronics of its shipment liability for such Products and relieve Nortel Networks of all obligations relating to such Product except its obligation to respond or work within the ECO procedure. Both Parties shall work together to prepare and propose a corrective action plan with respect to such Product, addressing implementation and procedure milestones for remedying such Epidemic Condition(s). Both parties shall co-operate with one another and use their best efforts to identify and implement an agreed upon plan to remedy the Epidemic Condition.