Common use of Dollar Adjustment Clause in Contracts

Dollar Adjustment. Forty-two percent (42%) of the portion of the amounts payable to Vendor hereunder which are specified in this Agreement as due and payable in Dollars shall be indexed to the Consumer Price Index for All Urban Consumers, U.S. City Average, for All Items (1982-84 = 100), as published in the Bureau of Labor Statistics of the Department of Labor of the United States of America (the "CPI"). Such adjustments shall be calculated using the CPI in the manner as provided above with respect to adjustments based upon the NCPI for amounts specified as payable in Local Currency except that (i) such adjustments shall be calculated only on the first day of each calendar year during the term of this Agreement, commencing January 1, 2002, and no immediate adjustments shall be made, and (ii) such adjustment shall be made to correspond to ninety five percent (95%) of the change in the CPI index for each calendar year, rather than one hundred percent (100%) of the index change. If the CPI growth in every calendar year is less than 5 %, Vendor will not adjust the portion of the amounts payable to Vendor hereunder which are specified in this Agreement as due and payable in Dollars. For purposes of clarity, it is acknowledged that the intent of the parties is that any such amounts payable by Customer to Vendor in Dollars will be modified periodically as appropriate in accordance with this paragraph, applying any such changes in the CPI for the appropriate period to the pricing for this Agreement, as such pricing may have been previously modified pursuant to this paragraph, so that such adjustments have cumulative effect with respect to all changes in the CPI from the Commencement Date through termination of this Agreement.

Dollar Adjustment. Forty-two percent (42%) of the portion of the amounts payable to Vendor hereunder which are specified in this Agreement as due and payable in Dollars shall be indexed to the Consumer Price Index for All Urban Consumers, U.S. City Average, for All Items (1982-84 = 100), as published in the Bureau of Labor Statistics of the Department of Labor of the United States of America (the "CPI"). Such adjustments shall be calculated using the CPI in the manner as provided above with respect to adjustments based upon the NCPI for amounts specified as payable in Local Currency except that (i) such adjustments shall be calculated only on the first day of each calendar year during the term of this Agreement, commencing January 1, 2002, and no immediate adjustments shall be made, and (ii) such adjustment shall be made to correspond to ninety five percent (95%) of the change in the CPI index for each calendar year, rather than one hundred percent (100%) of the index change. If the CPI growth in every calendar year is less than 5 %, Vendor will not adjust the portion of the amounts payable to Vendor hereunder which are specified in this Agreement as due and payable in Dollars. For purposes of clarity, it is acknowledged that the intent of the parties is that any such amounts payable by Customer to Vendor in Dollars will be modified periodically as appropriate in accordance with this paragraph, applying any such changes in the CPI for the appropriate period to the pricing for this Agreement, as such pricing may have been previously modified pursuant to this paragraph, so that such adjustments have cumulative effect with respect to all changes in the CPI from the Commencement Date through termination of this Agreement.. -- Panamco / EDS Confidential --

Dollar Adjustment. Forty-two percent (42%) of the portion of the amounts payable to Vendor hereunder which are specified in this Agreement as due and payable in Dollars shall be indexed to the Consumer Price Index for All Urban Consumers, U.S. City Average, for All Items (1982-84 = 100), as published in the Bureau of Labor Statistics of the Department of Labor of the United States of America (the "CPI"). Such adjustments shall be calculated using the CPI in the manner as provided above with respect to adjustments based upon the NCPI for amounts specified as payable in Local Currency except that (i) such adjustments shall be calculated only on the first day of each calendar year during the term of this Agreement, commencing January 1, 2002, and no immediate adjustments shall be made, and (ii) such adjustment shall be made to correspond to ninety five percent (95%) of the change in the CPI index for each calendar year, rather than one hundred percent (100%) of the index change. If the CPI growth in every calendar year is less than 5 %, Vendor will not adjust the portion of the amounts payable to Vendor hereunder which are specified in this Agreement as due and payable in Dollars. For purposes of clarity, it is acknowledged that the intent of the parties is that any such amounts payable by Customer to Vendor in Dollars will be modified periodically as appropriate in accordance with this paragraph, applying any such changes in the CPI for the appropriate period to the pricing for this Agreement, as such pricing may have been previously modified pursuant to this paragraph, so that such adjustments have cumulative effect with respect to all changes in the CPI from the Commencement Date through termination of this Agreement.such

Dollar Adjustment. Forty-two percent (42%) of the portion of the amounts payable to Vendor hereunder which are specified in this Agreement as due and payable in Dollars shall be indexed to the Consumer Price Index for All Urban Consumers, U.S. City Average, for All Items (1982-84 = 100), as published in the Bureau of Labor Statistics of the Department of Labor of the United States of America (the "CPI"). Such adjustments shall be calculated using the CPI in the manner as provided above with respect to adjustments based upon the NCPI for amounts specified as payable in Local Currency except that (i) such adjustments shall be calculated only on the first day of each calendar year during the term of this Agreement, commencing January 1, 2002, and no immediate adjustments shall be made, and (ii) such adjustment shall be made to correspond to ninety five percent (95%) of the change in the CPI index for each calendar year, rather than one hundred percent (100%) of the index change. If the CPI growth in every calendar year is less than 5 %, Vendor will not adjust the portion of the amounts payable to Vendor hereunder which are specified in this Agreement as due and payable in Dollars. For purposes of clarity, it is acknowledged that the intent of the parties is -- Panamco / EDS Confidential -- that any such amounts payable by Customer to Vendor in Dollars will be modified periodically as appropriate in accordance with this paragraph, applying any such changes in the CPI for the appropriate period to the pricing for this Agreement, as such pricing may have been previously modified pursuant to this paragraph, so that such adjustments have cumulative effect with respect to all changes in the CPI from the Commencement Date through termination of this Agreement.

Dollar Adjustment. Forty-two percent (42%) of the portion of the amounts payable to Vendor hereunder which are specified in this Agreement as due and payable in Dollars shall be indexed to the Consumer Price Index for All Urban Consumers, U.S. City Average, for All Items (1982-84 = 100), as published in the Bureau of Labor Statistics of the Department of Labor of the United States of America (the "CPI"). Such adjustments shall be calculated using the CPI in the manner as provided above with respect to adjustments based upon the NCPI for amounts specified as payable in Local Currency except that (i) such adjustments shall be calculated only on the first day of each calendar year during the term of this Agreement, commencing January 1, 2002, and no immediate adjustments shall be made, and (ii) such adjustment shall be made to correspond to ninety five percent (95%) of the change in the CPI index for each calendar year, rather than one hundred percent (100%) of the index change. If the CPI growth in every calendar year is less than 5 %, Vendor will not adjust the portion of the amounts payable to Vendor hereunder which are specified in this Agreement as due and payable in Dollars. For purposes of clarity, it is acknowledged that the intent of the parties is that any such amounts payable by Customer to Vendor in Dollars will be modified periodically as appropriate in accordance with this paragraph, applying any such changes in the CPI for the appropriate period to the pricing for this Agreement, as such pricing may have been previously modified pursuant to this paragraph, so that such adjustments have cumulative effect with respect to all changes in the CPI from the Commencement Date through termination of this Agreement.modified