Cost Savings Program. Article 7 – Performance Review 7.01 Performance Review.
Cost Savings Program. Contractor is encouraged to achieve cost savings in its operations that will provide extraordinary maximum rate reductions to Service Recipients. Therefore, Contractor may, concurrently with its submittal of requests for adjustment to maximum rates, submit a written proposal for any extraordinary operating cost savings ("Cost Savings Program"). District shall either approve or disapprove the proposed Cost Savings Program. If Contractor and District fail to agree on such Program, Contractor shall not be required to initiate the Program, nor incur further significant additional capital investment beyond that required for normal operations.
Cost Savings Program. Buyer and Supplier shall cooperate in good-faith to establish a cost improvement program in order to review, optimize and reduce the Prices of the Products through the improvement of the efficiency of the manufacturing, packaging and logistics processes. ***Indicates a portion of this Exhibit that has been omitted and filed separately with the Secretary of the United States Securities and Exchange Commission pursuant to Prestige Brands Holdings, Inc.’s application requesting confidential treatment under Rule 24b-2 of the Securities Exchange Act of 1934.
