Common use of Product Discount Clause in Contracts

Product Discount. MSSG or another member of the SpinCo Group shall reimburse SPWR for the SPWR Reimbursable Costs by way of a discount on products supplied under either the Supply Agreement or any similar agreement related to the supply of products by MSSG or its Affiliate to SPWR (the “Product Discount”). In the event the Supply Agreement is not active and there is no other similar agreement related to the supply of products by MSSG or its Affiliate to SPWR, then the Parties shall negotiate on commercially reasonable terms a mechanism, such as a royalty plan, for MSSG to reimburse SPWR.

Appears in 2 contracts

Sources: Collaboration Agreement (Maxeon Solar Technologies, Ltd.), Collaboration Agreement (Maxeon Solar Technologies, Pte. Ltd.)