Common use of Product Discontinuation Clause in Contracts

Product Discontinuation. If Daramic intends to cease production of a particular type of separator product supplied under this Agreement, Daramic agrees as follows: a) To give Buyer at least *** advance written notice of its intent to cease production; and b) Buyer has the right to submit a final order for quantities of the discontinued separator product up to the total of Buyer’s orders of this separator type in the *** prior to the announcement; and c) If Daramic has available an alternate separator product that could serve as a substitute for the discontinued product, Daramic agrees to make such alternate separator product available to Buyer for a period no shorter than *** on terms to be negotiated by both parties in good faith.

Appears in 4 contracts

Samples: Supply Agreement, Supply Agreement (Exide Technologies), Supply Agreement (Exide Technologies)

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