Common use of Reschedule or Cancellation by Company Clause in Contracts

Reschedule or Cancellation by Company. By issuing written notice to Cypress (“Change Notice”), Company may cancel or reschedule any order for Standard Products scheduled for shipment at least thirty (30) days after the date Cypress receives the Change Notice. Any other cancellation or rescheduling shall be subject to a charge determined by Cypress, but not to exceed the price of the Products that are the subject of such cancellation or rescheduling. No Change Notice shall be effective without Cypress’s written confirmation of receipt of such Change Notice. Company may not cancel or reschedule any order for Custom Products.

Reschedule or Cancellation by Company. By issuing written notice to Cypress (“Change Notice”), Company may cancel or reschedule any order for Standard Products scheduled for shipment at least thirty (30) days after the date Cypress receives the Change Notice. Any other cancellation or rescheduling shall be subject to a charge determined by Cypress, Cypress but not to exceed the price of the Products that are the subject of such cancellation or rescheduling. No Change Notice shall be effective without Cypress’s written confirmation of receipt of such Change Notice. Company may not cancel or reschedule any order for Custom Products.