SRI’s Duties Regarding the SRI Components and Cardinal Health Components Sample Clauses

SRI’s Duties Regarding the SRI Components and Cardinal Health Components. With respect to the SRI Components and Cardinal Health Components, SRI shall: (a) Submit its order for Cardinal Health Components via an electronic data interchange (EDI) or Cardinal Health’s Web-based ordering system, such as xxx.Xxxxxxxx.xxx, or other order process mutually agreed to by the parties. (b) Submit orders for Cardinal Health Components in accordance with Distribution Management Medical Products Manufacturing Ordering Instructions for SRI/Surgical Express, Inc. effective November 26, 2008, a copy of which is attached herein as Exhibit B. (c) Maintain 98% SRI Component Fill Rate (as defined below) for SRI Components. “SRI Component Fill Rate” is defined as (i) the quantity of the SRI Components meeting the warranty requirements set forth in Section 4.1 actually delivered to the Customer as of the delivery date set forth in the applicable Customer Agreement divided by (ii) the quantity of SRI Components that should have been delivered by SRI to the Customer in accordance with the applicable Customer Agreement. Cardinal Health will measure the SRI Component Fill Rate on a quarterly basis with respect to all of Hybrid Kits delivered to Customers for such calendar quarter. If SRI fails to meet the SRI Component Fill Rate with respect to any calendar quarter and, after notice of such failure by Cardinal Health, fails to maintain the SRI Component Fill Rate for the immediately following calendar quarter, Cardinal Health may invoice and collect from SRI an amount equal to 2% of the value of the SRI Components for each 1% the SRI Component Fill Rate was below 98% with respect to the Hybrid Kits delivered for any calendar quarter for which the SRI Component Fill Rate was below 98%. Cardinal Health acknowledges that SRI’s ability to comply with the foregoing requirements depends on its timely receipt of the Cardinal Health Components which depends on Cardinal Health receiving monthly accurate and complete forecasts and ordering information from SRI via an electronic data interchange (EDI) or Cardinal Health’s Web-based ordering system, such as xxx.Xxxxxxxx.xxx. or other mutually agreed-upon order process. Both parties agree to work within the management review process as outlined in Section 9.4 to develop a mutually agreeable process for managing and tracking order fulfillment.
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