Price Protection. If MaxLinear reduces the list price for a Product, MaxLinear will provide Distributor with a nonrefundable credit equal to the quantity of the Product in Distributor’s inventory (and for which Distributor has already paid MaxLinear) multiplied by the difference between (a) the price previously paid by Distributor for each Product unit in its inventory and (b) MaxLinear’s new list price for the Product.
Appears in 6 contracts
Samples: Distributor Agreement, Distributor Agreement (Maxlinear Inc), Distributor Agreement (Maxlinear Inc)