Additional Responsibilities Post Termination Clause Samples
Additional Responsibilities Post Termination. In addition to the ongoing obligations of the parties previously outlined in the License Agreement and Manufacturing & Supply Agreement, any PRECISION DOSE Product orders previously accepted by ELITE prior to termination will be manufactured by ELITE and shipped to PRECISION DOSE as described in this Agreement. Additionally, under 2.4(c) PRECISION DOSE agrees to pay ELITE under the circumstances described therein for ELITE’s cost for any pharmaceutical or packaging materials purchased by ELITE to meet any unused balance of the first 3 months of the most recent 12 month Forecast provided by PRECISION DOSE to ELITE, and under such circumstances, at the option of PRECISION DOSE, the materials may be used by ELITE for the manufacture of finished Product or shipped to a location designated my PRECISION DOSE.
