Common use of PRICE AND DISCOUNT CHANGES Clause in Contracts

PRICE AND DISCOUNT CHANGES. COMPANY may increase the prices set forth in Exhibit A by written notice to VAD not less than thirty (30) days prior to the effective date of such increase. A price increase or decrease will apply to all VAD Purchase Orders issued after such date of notification. COMPANY may change the discount granted to VAD by written notice to VAD not less than thirty (30) days prior to the effective date of such change. The effective date of such change shall be the date of actual change in discount.