Luminex 100 System Pricing Sample Clauses

Luminex 100 System Pricing. RBM shall pay LUMINEX the amount set forth in Exhibit B hereto for each unit of the Luminex 100 System (“System Purchase Price”). The System Purchase Price will be effective during the first two (2) years of this Agreement, after which time LUMINEX may, at its option, increase the System Purchase Price effective on thirty (30) days written notice to RBM, provided that such increases may occur no more frequently than once per year. Notwithstanding the foregoing, the Parties agree to negotiate an equitable adjustment to the fees for the System Purchase Price in the event of an increase in LUMINEX’s cost of the Luminex 100 System or components thereof purchased from a third party supplier.
Sample 1
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