Common use of Production Plan Clause in Contracts

Production Plan. Promptly after the Effective Date, the Parties will discuss and prepare a Production Plan covering the production of Product during Phase I (the "Phase I Production Plan"). A draft outline of the Phase I Production Plan is included in Schedule 2.1 attached hereto and hereby incorporated herein by reference. After the Parties have verbally agreed on a Phase I Production Plan, CBSW will deliver such plan to Client for approval. The Phase I Production Plan will not be binding on the Parties until signed by both Parties.