Common use of OFFSET CREDITS, INTERNATIONAL Clause in Contracts

OFFSET CREDITS, INTERNATIONAL. Unless otherwise agreed to and incorporated in writing herein, all offset benefit credits or countertrade credits resulting from this subcontract/letter contract/purchase order, and from any lower-tier subcontracts hereunder, shall accrue solely to the benefit of, and shall be the property of, Electric Boat Corporation to be applied the offset program of EB’s choice. Xxxxxx agrees to cooperate with EB and to assist EB in securing the applicable offset credits from the respective country government authorities.