Supply Plan Clause Samples
A Supply Plan clause outlines the requirements and procedures for forecasting, ordering, and delivering goods or materials between parties. Typically, it specifies how and when forecasts must be provided, the process for updating supply needs, and the obligations of each party to meet agreed-upon quantities and timelines. By establishing clear expectations and communication protocols, this clause helps prevent supply shortages, overstocking, and misunderstandings, ensuring a reliable and efficient supply chain.
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Supply Plan a. Attached hereto as Exhibit D, is a non-binding estimated plan by Supplier of the Product supply plan [***] The Parties acknowledge and agree that such Planned Volume is intended as a good faith plan, as of the Commencement Date, of how the Products under this 2021 Addendum are expected and estimated to be shipped and supplied to GF Parties by the Supplier Group, and is not binding. [***]
c. Supplier will prepare a Supply Failure Mode and Effects Analysis (the “FMEA”) and such FMEA will be updated on a quarterly basis, as needed, and provided to GF during the Parties’ quarterly Global Business Reviews during the Term.
Supply Plan. Each Five-Year Plan shall indicate: (A) the quantity of Bulk Drug Substance reasonably expected to be supplied to each of the Territories separated according to Type; and (B) the quantity of Bulk Drug Substance reasonably expected to be manufactured at each specific Site separated according to Type to be supplied to each of the Parties for their respective Territories (the "Supply Plan"). The Supply Plan shall be established on a monthly basis for the first Calendar Year included in the Five-Year Plan, and on a Calendar Year basis for the remaining four (4) Calendar Years within the Five-Year Plan, on a Territory-wide basis. ---------- *Confidential Treatment Requested.
Supply Plan. The Supply Plan shall be in accordance with the supply schedule dictated by the applicable Development Plan for each Collaboration Product and shall set forth, among other things, the quantities of and specifications for such Collaboration Products to be supplied by the Manufacturing Party for Development purposes and an approximate delivery schedule therefor.
Supply Plan. Baxter will confirm each Twelve Month Rolling Forecast within twenty-one (21) days of receipt of the Twelve Month Rolling Forecast and supply Dynavax with a corresponding supply plan (the “Supply Plan”) for such twelve month period. In the case that a supply plan cannot be agreed between the two Parties, Dynavax and Baxter shall use good faith efforts to come to an agreed plan. During this time, Baxter agrees to supply, at a minimum, the quantities agreed in the most recently agreed Supply Plan.
Supply Plan. Within [***] after the Effective Date, the Parties will discuss and prepare a five-year supply chain and management plan (the “Supply Plan”) which shall include (a) a plan for producing sufficient quantities of the Licensed Products to meet the Commercialization demand set forth in the forecast provided by Pfizer pursuant to Section 6.7 (Forecast), including appropriate capacity and inventory and safety stock levels, (b) [***] high-level non-binding forecast for capacity planning purposes and short-term forecasts meeting the requirements established by the JMC, (c) life cycle planning, including capacity needs, (d) information regarding yields and batch sizes, and (e) inventory requirements (for the Licensed Products and key raw materials) in order to satisfy supply requirements for the supply of the Licensed Products in connection with the foregoing. The JMC will review, discuss and approve the Supply Plan. If a Party wishes to make a change to the Supply Plan, then such Party will submit its proposed change to the JMC for the JMC to review, discuss and determine whether to approve. Each such update to the Supply Plan will become effective and will supersede the previous Supply Plan upon approval thereof by the JMC (which approval will be memorialized in the minutes of such JMC meeting). Licensor will conduct its Manufacturing activities for the Licensed Compounds and the Licensed Products in accordance with the Supply Plan.