Common use of Initial Prices Clause in Contracts

Initial Prices. Subject to the price adjustments described in this Agreement and the Exhibits hereto, Buyer shall pay to Supplier, for each Product which Buyer orders hereunder, the price for such Product specified on Exhibit A hereto; provided that Exhibit A shall be updated by mutual written agreement of Buyer and Supplier prior to the Effective Date to reflect the initial MIP cost per case for each Product category. Thereafter, both dairy related MIP costs and non-dairy related MIP costs shall be adjusted monthly in accordance with the procedures set forth in Exhibit A. Prior to the first delivery of any Products not listed on Exhibit A, the parties will mutually agree in writing upon the price applicable thereto and, thereafter, such price shall be subject to the price adjustments described in this Agreement; provided, that pricing for any such new Products shall be subject to the same pricing protocols and components as existing Products unless mutually agreed in writing between the parties.