Common use of Reliability Program Plan Clause in Contracts

Reliability Program Plan. As used herein, “Reliability Program Plan” shall mean a mutual plan approved by both Parties consisting of deliverables to achieve the reliability targets established by the Product Design Requirements. The Reliability Program Plan shall be established during the finalization of the Product Design Requirements and shall cover all development related activities in detail. STRATEC and QTX shall update the Reliability Program Plan during the development to include learnings from prior phase(s) and cover the post launch reliability activities.

Appears in 3 contracts

Samples: Stratec Development Services and Equity Participation Agreement, Stratec Development Services and Equity Participation Agreement (Quanterix Corp), Stratec Development Services and Equity Participation Agreement (Quanterix Corp)

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Reliability Program Plan. As used herein, “Reliability Program Plan” shall mean a mutual plan approved by both Parties consisting of deliverables to achieve the reliability targets established by the Product Design Requirements. The Reliability Program Plan shall be established during the finalization of the Product Design Requirements Phase 1 and shall cover all development related activities in detail. STRATEC and QTX QUOTIENT shall update the Reliability Program Plan during the development to include learnings learning from prior phase(s) and cover the post launch reliability activities.

Appears in 3 contracts

Samples: Stratec Development Agreement (Quotient LTD), Stratec Development Agreement (Quotient LTD), Stratec Development Agreement (Quotient LTD)

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