Common use of Continuous Supply Chain Improvement Clause in Contracts

Continuous Supply Chain Improvement. The Parties shall form a work group comprised of four representatives of each Party to identify opportunities to improve the supply chain, to agree on performance metrics and to determine appropriate financial penalties and incentives relative to target performance levels. The Parties shall use Commercially Reasonable Efforts to complete such process by June 30, 2008. This Agreement, including Schedule 3, will be modified accordingly to reflect any agreements reached by the Parties in connection with such process.

Appears in 2 contracts

Samples: Metal Supply Agreement (Novelis Inc.), Molten Metal Supply Agreement (Novelis Inc.)

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Continuous Supply Chain Improvement. The Parties shall form a work group comprised of four representatives of each Party to identify opportunities to improve the supply chain, to agree on performance metrics and to determine appropriate financial penalties and incentives relative to target performance levels. The Parties shall use Commercially Reasonable Efforts to complete such process by June 30, 2008. This Agreement, including Schedule 3, Agreement will be modified accordingly to reflect any agreements reached by the Parties in connection with such process.

Appears in 1 contract

Samples: Metal Supply Agreement (Novelis Inc.)

Continuous Supply Chain Improvement. The Parties shall form a work group comprised of four representatives of each Party to identify opportunities to improve the supply chain, to agree on performance metrics and to determine appropriate financial penalties and incentives relative to target performance levels. The Parties shall use Commercially Reasonable Efforts to complete such process by June 30, 2008. This Agreement, including Schedule 34, will be modified accordingly to reflect any agreements reached by the Parties in connection with such process.

Appears in 1 contract

Samples: Metal Supply Agreement (Novelis Inc.)

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Continuous Supply Chain Improvement. The Parties shall form a work group comprised of four representatives of each Party to identify opportunities to improve the supply chain, to agree on performance metrics and to determine appropriate financial penalties and incentives relative to target performance levels. The Parties shall use Commercially Reasonable Efforts to complete such process by June 30, 2008. This Agreement, including Schedule 36, will be modified accordingly to reflect any agreements reached by the Parties in connection with such process.

Appears in 1 contract

Samples: Metal Supply Agreement (Novelis Inc.)

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