New Process. In the interest of progress and development of the business, if placing into operation any new machinery, apparatus, process or equipment, a trial period not to exceed ninety (90) calendar days will be permitted before new wage rates are established. And when new rates are established, the same will be retroactive to the date when such new jobs or processes were placed into production. The Union reserves the right to the grievance procedure should the Union contend the new rates established not be fair and consistent with other work within the plant.
New Process. D. Should Praecis and UCB mutually agree to move to the New Process following its successful development and qualification, the maximum price for all future API purchases under the Agreement, including amounts not yet purchased pursuant to the Option discussed in Section C hereof, shall be *** to USD ***. CONFIDENTIAL INFORMATION OMITTED AND FILED SEPERATELY WITH THE SECURITIES AND EXCHANGE COMMISSION. ASTERISKS (*) DENOTE SUCH OMMISSIONS. To the extent that Praecis is required to purchase Raw Materials due to an order shortfall in any given year under the Option, and provided such Raw Materials are later used in the manufacture of API in excess of the yearly production of the following year under the Production Schedule set forth in Subsection C.2. hereof, Praecis shall receive a credit of *** from UCB for each kg of API manufactured using the *** Synthesis process and *** from UCB for each kg of API manufactured using the New Process. For the avoidance of doubt, the following example of the calculation of such credit is provided: ***
