Common use of Product Modification Clause in Contracts

Product Modification. The Parties recognize that from time to ▇▇▇▇ ▇▇▇▇▇▇ will request or will be requested by Buyer to implement Engineering Change Orders (hereinafter referred to as "ECOs"). The following outlines the proper procedure: 1. Seller Requested Changes Seller is to notify Buyer in writing of proposed ECOs no less than lead time of the Components plus [*] and will, if so requested, provide Buyer with samples. The notification shall include the proposed product changes, anticipated price changes and implementation date. Notification shall also include the appropriate documentation to support Buyer's investigation of the impact of this proposal. Buyer will review the feasibility of the implementation of the proposed ECO. If lead time or new costs are required for the ECO, lead time and new prices will be reviewed. Buyer is to advise Seller of its decision with respect to the proposed ECO within [*] after receipt of Seller's written notification.