Price Increase. Beginning on the second year anniversary of the signing of this Agreement (“Effective Date”) and on each succeeding anniversary of the Effective Date during the term of this agreement and in consideration of a varies of economic factors such as for example, costs of labour, costs of material and costs the price paid by SCIEN for Product(s) shall be renegotiated. Any price increase will need to be justified by HEMISPHERX. Both parties shall, in good faith, attempt to agree upon a reasonable price increase. In the event agreement cannot be reached the Agreement shall terminate.
Appears in 3 contracts
Samples: Sales, Marketing, Distribution, and Supply Agreement, Sales, Marketing, Distribution, and Supply Agreement (Hemispherx Biopharma Inc), Sales, Marketing, Distribution, and Supply Agreement (Hemispherx Biopharma Inc)
Price Increase. Beginning on the second year anniversary of the signing of this Agreement (“Effective Date”) and on each succeeding anniversary of the Effective Date during the term of this agreement and in consideration of a varies of economic factors such as for example, costs of labour, costs of material and costs the price paid by SCIEN Emerge for Product(s) Ampligen shall be renegotiated. Any price increase will need to be justified by HEMISPHERX. Both parties shall, in good faith, attempt to agree upon a reasonable price increase. In the event agreement cannot be reached the Agreement agreement shall terminate.
Appears in 1 contract
Samples: Sales, Marketing, Distribution, and Supply Agreement (Hemispherx Biopharma Inc)
Price Increase. Beginning on the second year anniversary of the signing of this Agreement (“Effective Date”) and on each succeeding anniversary of the Effective Date during the term of this agreement and in consideration of a varies of economic factors such as for example, costs of labour, costs of material and costs the price paid by SCIEN Emerge for Product(s) Alferon shall be renegotiated. Any price increase will need to be justified by HEMISPHERX. Both parties shall, in good faith, attempt to agree upon a reasonable price increase. In the event agreement cannot be reached the Agreement agreement shall terminate.
Appears in 1 contract
Samples: Sales, Marketing, Distribution, and Supply Agreement (Hemispherx Biopharma Inc)