Common use of Order Adjustments Clause in Contracts

Order Adjustments. Supplier acknowledges that Tesla may be required to modify Orders from time to time. Tesla may increase the quantity of Items in any Order at any time prior to the scheduled delivery date and, provided such Increase falls within the Quantity Adjustment Schedule set forth below, (i) Supplier will deliver such increased quantity with no additional charges including accelerated delivery, expedite fees or the like, and (ii) such increase will not affect the delivery schedule of Items previously ordered. Weeks until Delivery Date Up to 12 weeks 13-20 20+ Percent Quantity Adjustment for Authorized Order Signal [***] % [***] % [***] % If Tesla requires an increase in the quantity of Items in any Order and such increase does not fall within the Quantity Adjustment Schedule set forth above, then, if feasible and as mutually agreed upon by the Parties, Supplier will provide such increased Items in accordance with the modified Order and Tesla shall pay costs resulting therefrom, provided such costs are (i) reasonable; (ii) authorized by Tesla in writing in advance of delivery; and (iii) identified separately from the unit price on Supplier’s invoice to Tesla.

Appears in 3 contracts

Samples: Supply Agreement, Supply Agreement (Tesla Motors Inc), Supply Agreement (Tesla Motors Inc)

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Order Adjustments. Supplier acknowledges that Tesla may be required to modify Orders from time to time. Tesla may increase the quantity of Items in any Order at any time prior to the scheduled delivery date and, provided such Increase increase falls within the Quantity Adjustment Schedule set forth below, (i) Supplier will deliver such increased quantity with no additional charges including accelerated delivery, expedite fees or the like, and (ii) such increase will not affect the delivery schedule of Items previously ordered. Weeks until Delivery Date Up to 12 < 10 weeks 13-20 10<&£20 weeks 20+ < weeks Percent Quantity Adjustment for Authorized Order Signal [[ ***] ]% [[ ***] ]% [[ ***] ]% If Tesla requires an increase in the quantity of Items in any Order and such increase does not fall within the Quantity Adjustment Schedule set forth above, then, if feasible and as mutually agreed upon by the Parties, Supplier will provide such increased Items in accordance with the modified Order and Tesla shall pay costs resulting therefromthere from, provided such costs are (i) reasonable; (ii) authorized by Tesla in writing in advance of delivery; and (iii) identified separately from the unit price on Supplier’s Suppliers invoice to Tesla.

Appears in 2 contracts

Samples: Supply Agreement (Tesla Motors Inc), Supply Agreement (Tesla Motors Inc)

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