Laser Power Source Sample Clauses

Laser Power Source. Subject to any adjustment provided below, Xxxxxxx shall purchase the Laser Power Source from PLC for $[**] per unit (the “Laser Transfer Price”). Xxxxxxx shall provide laser diodes and optics blocks to PLC for incorporation by PLC into each Laser Power Source. These laser diodes and optics blocks shall be provided by Xxxxxxx to PLC at no cost to PLC. The Laser Transfer Price shall adjust from time to time as follows: (a) If the cost per Laser Power Source of the laser diodes and optics blocks supplied by Xxxxxxx varies from the initial cost to Xxxxxxx of $[**], then the Laser Transfer Price shall be adjusted to take into account [**]% of the positive or negative variance from $[**]. If the variance from $[**]is a positive variance (i.e. the actual cost of the laser diodes and optics blocks are greater than $[**]), then [**]% of this positive variance shall be deducted from the Laser Transfer Price. Conversely, if the variance from $[**]is a negative variance (i.e. the actual cost of the laser diodes and optics blocks are less than $[**]), then [**]% of this negative variance shall be added to the Laser Transfer Price. (b) If the “Direct Laser Costs” as defined below vary from $[**], then the Laser Transfer Price shall be adjusted to take into account [**]% of the positive or negative variance from $[**]. If the variance from $[**] is a positive variance (i.e. the actual Direct Laser Costs are greater than $[**]), then [**]% of this positive variance shall be added to the Laser Transfer Price. Conversely, if the variance from $[**] is a negative variance (i.e. the actual Direct Laser Costs are less than $[**]), then [**]% of this negative variance shall be deducted from the Laser Transfer Price.
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Related to Laser Power Source

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