Cost Reduction Efforts. Company and Jabil shall pursue continuous cost reduction initiatives to ensure that available Sustainable and Competitive Pricing opportunities are reviewed. Such initiatives may include supply chain redesign, review of available Component suppliers, improved logistics solutions, manufacturing processes and test efficiency/elimination improvements, and, if necessary, process(es) and any Company-product redesign. Commencing [*], the Parties will target [*] total cost reduction on released and active Products per year for the first [*] of the life of each new Product. Jabil will demonstrate cost reduction improvements and report such results to Company [*] as part of a rolling cost management process with a [*] outlook for each Product.
Cost Reduction Efforts. (A) Motorola and ASE agree to form a joint cost reduction task force focused on continuous cost improvements for Work on Contract Products, materials, and equipment. Demonstrated cost reductions resulting from joint efforts shall result in immediate prices decreases to Motorola of * of the cost savings if such cost reductions are implemented by ASE for other customers, or of * of the cost savings if limited to Work on Contract Products. ------------ * Certain information on this page has been omitted and filed separately with the Commission. Confidential treatment has been requested with respect to the omitted portions.
(B) If, in the reasonable opinion of both parties, Motorola is solely responsible for cost reductions associated with the performance of the Work, ASE shall immediately reduce the prices of the affected Contract Products by * of the per unit cost savings derived from such reduction. If such cost reduction results from the use of Motorola's Confidential Information (as defined in Section 23 hereof), ASE shall use such Confidential Information only with respect to the Work, and not any other work or services for other customers or suppliers unless, and only to the extent Motorola licenses such use.
(C) Motorola agrees in good faith to work with its suppliers who have Supplier Managed Inventory Agreements with Motorola to obtain the benefits of such agreements for ASE.
Cost Reduction Efforts. (A) Motorola and ASE agree to form a joint cost reduction task force focused on continuous cost improvements for Work on Contract Products, materials, and equipment. Demonstrated cost reductions resulting from joint efforts shall result in immediate price decreases to Motorola of * of the cost savings if such cost reductions are implemented by ASE for other customers, or * of the cost savings if limited to Work on Contract Products.
(B) If, in the reasonable opinion of both parties, Motorola is solely responsible for cost reductions associated with the performance of the Work, ASE shall immediately reduce the prices of the affected Contract Products by * of the per unit cost savings derived from such reduction. If such cost reduction results from the use of Motorola's Confidential Information (as defined in Section 23 hereof), ASE shall use such Confidential Information only with respect to the Work, and not any other work or services for other customers or suppliers unless, and only to the extent, Motorola licenses such use.
(C) Motorola agrees in good faith to work with its suppliers who have Supplier Managed Inventory Agreements with Motorola to obtain the benefits of such agreements for ASE.
Cost Reduction Efforts. During the term of this Agreement, Provider agrees to undertake commercially reasonable steps to maximize the value of the Services to Recipient by, among other things:
(i) Instituting and maintaining internal programs to reduce the costs of providing the Services;
(ii) Complying with Recipient’s reasonable direction on capital investment, software and hardware procurement, and other issues intended to ensure compatibility of the Services with Recipient’s global operations;
(iii) Instituting and maintaining Recipient’s reasonable cost reduction initiatives generally applied to Recipient’s global operations; and
(iv) Instituting and maintaining Recipient’s reasonable targeted cost reduction measures applied to Provider’s operations.
Cost Reduction Efforts. Solectron feels there are opportunities for future cost reduction, illustrated in the following examples (but not limited to): - Automation of current test stations - Design future platforms to be similar, with configuration done at the very end of the manufacturing process (i.e. choosing frequency range) - Reduction of ESS testing (by going to sampling, etc.) PROJECT TEAM The following people from Solectron will form the main team dedicated to Netrx, xxose main purpose will be to understand the transition requirements that will lead to full production of the radio product. - Henrx Xx, RF Training Manager - Tuy Xxxxx, XX Test Engineer - Mina Xxxxxx, Xxnufacturing Program Manager - Farexx Xxxxxxx-Xxxx, XX Engineering Manager - Hussxxx Xxxxx, XX Process Engineer - Vincxxx Xxxxxx, Xxocess Engineer - Mickx Xxxxxxxxxxxx, Xxterials Manager This team also has the ability to bring in backup support from the attached resource list, as needed for functional area.
Cost Reduction Efforts. Both parties agree to cooperate in good faith to work towards reducing costs to manufacture Nevro Products. Yield improvements and cost reductions will be reviewed by Supplier and Customer quarterly (or more frequently) for potential inclusion into product pricing. For Cost Reduction Projects that have been funded by Supplier and approved by Customer, after full cost recovery, Customer will receive [***]% of the demonstrated cost reduction upon implementation. If due to any circumstance Customer is unable to release Supplier initiated and funded cost reduction changes (i.e. due to regulatory or product management restrictions) then Customer will reimburse Supplier for [***]. For Cost Reduction Projects that have been initiated by Customer and funded by Customer, Customer will receive [***]% of the demonstrated cost reduction upon implementation.
Cost Reduction Efforts. 5.4.1 The Company does hereby grant to Distributor the right to assist the Company with efforts to reduce the costs of manufacturing the Products which are the subject of this Agreement. The Company shall permit Distributor to confer and meet with Company’s personnel and the personnel at Company’s house factory in China on a regular basis for the purposes of permitting cost reduction efforts as set forth herein.
5.4.2 In the event that the Distributor and/or the Company are successful in obtaining and implementing any cost reductions, said cost reductions shall not alter or modify any of the pricing formulas set forth on Schedule B attached hereto.
Cost Reduction Efforts. During the term of this Agreement, Provider agrees to undertake commercially reasonable steps to maximize the value of the Services to Recipient by, among other things: [*] Certain information in this document has been omitted and filed separately with the Securities and Exchange Commission. Confidential treatment has been requested with respect to the omitted portions.
(i) Instituting and maintaining internal programs to reduce the costs of providing the Services;
(ii) Complying with Recipient’s reasonable direction on capital investment, software and hardware procurement, and other issues intended to ensure compatibility of the Services with Recipient’s global operations;
(iii) Instituting and maintaining Recipient’s reasonable cost reduction initiatives generally applied to Recipient’s global operations; and
(iv) Instituting and maintaining Recipient’s reasonable targeted cost reduction measures applied to Provider’s operations.
Cost Reduction Efforts. Solectron feels there are opportunities for future cost reduction, illustrated in the following examples (but not limited to): - Automation of current test stations - Design future platforms to be similar, with configuration done at the very end of the manufacturing process (i.e. choosing frequency range) - Reduction of ESS testing (by going to sampling, etc.) PROJECT TEAM The following people from Solectron will form the main team dedicated to Netrx, xxose main purpose will be to understand the transition requirements that will lead to full production of the radio product. - [***], RF Training Manager - [***], RF Test Engineer - [***], Manufacturing Program Manager - [***], RF Engineering Manager - [***], RF Process Engineer - [***], Process Engineer - [***], Materials Manager This team also has the ability to bring in backup support from the attached resource list, as needed for functional area. [***] CONFIDENTIAL TREATMENT REQUESTED
Cost Reduction Efforts. Sabre shall reduce Hardware Costs by * % per year starting with the first anniversary following the Suspension Date or six months after the Implementation Date, whichever comes first, ("Hardware Date") in the following manner: (1) On or about the Hardware Date Sabre shall provide to TAM all Hardware Charges and associated vendor invoices in order to support these Hardware Charges, (2) The amount of these Hardware Charges shall be mutually agreed and entered into an Exhibit of the Agreement and shall be signed by both Parties ("Full Hardware Charges"), (3) on the first anniversary of the Hardware Date Sabre shall lower the Hardware Charges to a maximum of * % of the Full Hardware Charges, (4) on the second anniversary of the Hardware Date Sabre shall lower the Hardware Charges to a maximum of * % of the Full Hardware Charges, (5) on the third anniversary of the Hardware Date Sabre shall lower the Hardware Charges to a maximum of * % of the Full Hardware Charges, (6) on the fourth anniversary of the Hardware Date Sabre shall lower the Hardware Charges to a maximum of * % of the Full Hardware Charges, (7) beginning on the * anniversary of the Hardware Date and throughout the term of the Agreement, Sabre shall not charge TAM any Hardware Charges unless mutually agreed by the Parties. Sabre will work with TAM's support to implement a mutually agreed plan to reduce Telecom Charges in Brazil. The Parties shall agree upon this cost reduction plan no later than the Hardware Date. Among the strategies of the cost reduction plan, are the following:
(1) Sabre and TAM will attempt to reduce applicable unit costs from Sabre Infrastructure vendor contracts as they expire,
(2) Sabre and TAM will create value-added commercial packages, including, but not limited to special pricing and alternative compensation packages, to offer to Sabre Subscribers to encourage Sabre Subscribers to provide their own telecommunication lines, (3) approval for reasonable cost reductions shall not be unreasonably withheld by either party, (4) if an approval for a reasonable cost reduction is withheld for any reason other than a technical reason, the proposing Party's Telecom Charges shall be adjusted so that proposing Party shall receive the benefit of cost reduction as if the proposal was accepted, (5) TAM and Sabre shall agree on a letter to be signed by Sabre Subscribers authorizing Sabre to remove their communication lines due to an agreement between TAM and the Sabre Subscriber, and (6) i...
