Transfer Prices. OTI shall provide DISTRIBUTOR with a schedule of Transfer Prices, in the form of Exhibit 3 attached hereto. OTI shall announce to DISTRIBUTOR in writing annual changes in Transfer Prices each year by [***] to become effective on [***] of the succeeding year. Notice of other changes to Transfer Prices shall be in writing, given to DISTRIBUTOR at least [***] ([***]) calendar days in advance of their effective date. OTI agrees to accept and honor at the prevailing price all orders that are placed by DISTRIBUTOR in writing and accepted in writing by OTI at least [***] ([***]) Business Days prior to the effective date of any Transfer Price changes. At the time of the announcement of any Transfer Price changes, OTI will issue an amended Exhibit 3.
Appears in 2 contracts
Sources: Distribution Agreement (BioHorizons, Inc.), Distribution Agreement (BioHorizons, Inc.)