Common use of Supply Terms Clause in Contracts

Supply Terms. Section 3.3(f) of the DLC Agreement shall be amended by adding the following at the end of that section: “With each order, Agile will purchase a minimum of [*] of finished Product (which will have an estimated quantity of [*]). Following Product launch, Corium will maintain a minimum amount of raw material inventory to support the supply provisions described in Section 3.3(c). In the event Agile requires Corium to carry a stock of peripheral laminate material beyond the requirements of Section 3.3(c), Agile will issue separate orders for such peripheral laminate quantities and pay Corium on an “up front” basis to manufacture and maintain inventory of the peripheral laminate, which payments will be credited to Agile in Corium’s invoices for finished Product that incorporates such peripheral laminate, when the finished Product orders are filled.”

Appears in 6 contracts

Samples: License and Commercialization Agreement, Development, License and Commercialization Agreement (Agile Therapeutics Inc), Development, License and Commercialization Agreement (Corium International, Inc.)

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