Common use of Gainsharing Clause in Contracts

Gainsharing. 32.1 If during the duration of the Contract, the Provider proposes to deviate from or modify any aspect of the Scope of the Supply in a manner that Provider believes will have an overall benefit for the Company, whether in terms of performance, risk mitigation, cost reduction or otherwise, then Provider shall deliver such proposal in writing to Company with all such detail as may be requested by Company. In the event that Company elects to accept Provider’s proposal, then the Parties shall thereafter in good faith negotiate an appropriate amendment hereto implementing such proposal and providing for a mechanism through which both the Provider and the Company may share in the resulting benefit.

Gainsharing. 32.1 If during the duration of the Contract, the Provider proposes to deviate from or modify any aspect of the Scope of the Supply Service in a manner that Provider believes will have an overall benefit for the Company, whether in terms of performance, risk mitigation, cost reduction or otherwise, then Provider shall deliver such proposal in writing to Company with all such detail as may be requested by Company. In the event that Company elects to accept Provider’s proposal, then the Parties shall thereafter in good faith negotiate an appropriate amendment hereto implementing such proposal and providing for a mechanism through which both the Provider and the Company may share in the resulting benefit.