Common use of Production Contract Clause in Contracts

Production Contract. Subject to the terms and conditions of a separate supply agreement either (i) between the Contractor and one or both Customers or their respective designees; or (ii) between Contractor and a handset manufacturer designated by either Customer (each a “Production Contract”), Contractor will supply production units of the SDR Modem Platform. Production Contracts between Customers and Contractor and new Production Contracts between Contractor and handset manufacturers will be at commercially reasonable terms, no less favorable to the buyer than Contractor’s then-current standard sales agreement terms and conditions. The price for each production unit may be pre-determined between the Parties in accordance with Section 1.5.2(b).