Common use of Price Price Change Clause in Contracts

Price Price Change. 7.1 Prices are subject to change by Xilinx at any time. Price changes shall be effective upon publication and not less than five (5) days prior written notice to Distributor. 7.2 In the event that Xilinx decreases the Price of any Product, Distributor will be entitled to an adjustment equal to the difference between the Price paid by Distributor, net of any prior adjustments granted by Xilinx, and the new decreased Price for the Product multiplied by the quantity of such Product in Distributor’s inventory on the effective date of the reduction. In the event that Xilinx increases the Price of any Product as a result of error or change in pricing strategy, Xilinx will notify Distributor of the same, and Distributor may either (i) accept such increase in Price, whereupon Xilinx be entitled to an adjustment equal to the difference between the Price paid by Distributor, net of any prior adjustments granted by Xilinx, and the new increased Price for the Product multiplied by the quantity of such Product in Distributor’s inventory on the effective date of the increase or (ii) return all or a portion of the applicable inventory of Product to Xilinx. Similar price adjustments will also be made on all such Products in transit to Distributor on the effective date of such Price change. 7.2.1 Distributor shall submit to Xilinx, on the later of thirty (30) working days after receiving notice of such Price change or after the effective date of such Price change, a Product inventory report as of the effective date of such Price change and the net dollar value of the Price adjustment. 7.2.2 Xilinx shall be deemed to have verified the Product inventory report and the net dollar value of the adjustment unless Xilinx contests the same in writing within thirty (30) days after receiving such report. Uncontested claims for Price adjustments shall be applied to Distributor’s account as of the effective date of such Price change. 7.2.3 All Products shipped on or after the effective date of any price change will be shipped and invoiced at the price in effect at the time of shipment. 7.3 All monetary transactions between Distributor and Xilinx will take place in US Dollars.

Price Price Change. 7.1 (a) The prices to be paid by Distributor for Products ordered pursuant to this Agreement are set forth in Exhibit A. The Prices quoted are for the Products delivered FOB (Supplier's location within the United States closest to the delivery point specified in Distributor's purchase order or closest Point of entry to the delivery point specified in the Distributors purchase order located within the region of order placement, whichever is closet to the point of order placement), as that term is defined in the Incoterms 2000. (b) The prices contained in Exhibit A, on supplier's electronic price list, or similar document, are subject to change by Xilinx Supplier at any time. Price changes Such change shall be not become effective upon publication and not less than five as to Distributor unless Supplier gives at least thirty (530) days prior written notice to Distributorthereof. 7.2 (c) In the event that Xilinx the Supplier decreases the Price price of any ProductProduct in Suppliers price book, Distributor will be entitled to an adjustment a credit equal to the difference between the Price net price paid by Distributor, net of less any prior adjustments credits granted by XilinxSupplier, and the new decreased Price price for the Product multiplied by the quantity of such Product in Distributor’s 's inventory or in transit on the effective date of the reduction. In the event that Xilinx increases the Price of any Product as a result of error or change in pricing strategy, Xilinx will notify Distributor of the same, and Distributor may either . (i) accept such increase in Price, whereupon Xilinx be entitled to an adjustment equal to the difference between the Price paid by Distributor, net of any prior adjustments granted by Xilinx, and the new increased Price for the Product multiplied by the quantity of such Product in Distributor’s inventory on the effective date of the increase or (ii) return all or a portion of the applicable inventory of Product to Xilinx. Similar price adjustments will also be made on all such Products in transit to Distributor on the effective date of such Price change. 7.2.1 Distributor shall submit to XilinxSupplier, on the not later of thirty than sixty (3060) working days after receiving notice of such Price change or after the effective date of such Price changeprice decrease, a Product inventory report as of the effective date of such Price change and date, together with a debit memo reflecting the net dollar value of the Price adjustmentcredit described in clause 6(c) above. 7.2.2 Xilinx (ii) Supplier shall be deemed to have verified the Product inventory report and the net dollar value of the adjustment debit memo unless Xilinx Supplier contests the same in writing within thirty sixty (3060) days after receiving such reportreport and memo. Uncontested claims for Price adjustments debit memos shall be applied credited to Distributor’s 's account as of the effective date of such Price changeprice decrease. 7.2.3 All (d) Products shipped on or after the effective date of any price change decrease will be shipped and invoiced at the price in effect at the time of shipment. 7.3 All monetary transactions (e) Products shipped after the effective date of any price increase will be shipped and invoiced at the price in effect at the time of order placement. (f) Upon Suppliers prior approval, Distributor shall be permitted to sell Product to customers on a meet-competition basis where Distributor’s current costs are not competitive enough for Distributor to secure the orders. Distributor shall be entitled to ship from its inventory a defined quantity of a specific Product to a specific customer at or below Distributor’s cost and issue a debit memo to Supplier for the difference between Distributor’s cost of the Product (less any prior credits issued by Supplier) and Distributor’s sales price multiplied by the quantity of such Product shipped to the specific customer. In order to claim such credit, Distributor shall submit to Supplier within thirty (30) business days after the end of Distributor’s fiscal month a debit memo in conjunction with Distributor’s monthly POS and Xilinx inventory reports. Credits will take place in US Dollarsbe applied to Distributor’s account receivable with Supplier.

Price Price Change. 7.1 Prices (a) The prices to be paid by Distributor for any Products ordered pursuant to this Agreement are set forth in Exhibit "A". (b) The prices contained in Exhibit "A" are subject to change by Xilinx Manufacturer at any time. Price changes Notwithstanding the aforesaid, such change shall be not become effective upon publication and not less than five as to Distributor unless Manufacturer gives Distributor at least thirty (530) days prior advance written notice to Distributorthereof. 7.2 (c) In the event that Xilinx the Manufacturer decreases the Price price of any Product, Distributor will be entitled to an adjustment a credit equal to the difference between the Price net price paid by Distributor, net of less any prior adjustments credits granted by XilinxManufacturer, and the new decreased Price price for the Product multiplied by the quantity of such Product in Distributor’s 's inventory on the effective date of the reduction. In the event that Xilinx increases the Price of any Product as a result of error or change in pricing strategy, Xilinx will notify Distributor of the same, and Distributor may either (i) accept such increase in Price, whereupon Xilinx be entitled to an adjustment equal to the difference between the Price paid by Distributor, net of any prior adjustments granted by Xilinx, and the new increased Price for the Product multiplied by the quantity of such Product in Distributor’s inventory on the effective date of the increase or (ii) return all or a portion of the applicable inventory of Product to Xilinx. Similar price adjustments adjustment will also be made on all such Products in transit to Distributor on the effective date of such Price changeprice decrease. 7.2.1 (i) Distributor shall submit to XilinxManufacturer, on the not later of thirty than sixty (3060) working days after receiving notice of such Price change or price decrease, after the effective date of such Price changeprice decrease, a Product inventory report as of the effective date of such Price change and date, together with a debit memo reflecting the net dollar value of the Price adjustmentcredit described in subparagraph 6(c) above. 7.2.2 Xilinx (ii) Manufacturer shall be deemed to have verified the Product inventory report and the net dollar value of the adjustment debit memo unless Xilinx Manufacturer contests the same in writing within thirty sixty (3060) days after receiving such reportreport and memo. Uncontested claims for Price adjustments debit memos shall be applied credited to Distributor’s 's account as of the effective date of such Price changeprice decrease. 7.2.3 (d) All Products shipped on or after the effective date of any price change decrease will be shipped and invoiced at the price in effect at the time of shipment. 7.3 (e) All monetary transactions between Distributor Products shipped after the effective date of any price increase will be shipped and Xilinx will take place invoiced at the price in US Dollarseffect at the time of order placement.