Common use of Treatment of Obsolete/End-of-Life Material Clause in Contracts

Treatment of Obsolete/End-of-Life Material. Upon receiving notice from Company of an engineering change or that any Product, component or assembly has become obsolete or has reached end-of-life for which Company is canceling any portion of a then-current Build Schedule, Jabil will, within a reasonable period after receiving such notice, provide Company with an analysis of [***] for components and materials acquired or scheduled to be acquired to manufacture such Product under the relevant accepted Build Schedule(s). Company’s [***]. Jabil will use Commercially Reasonable Efforts to assist Company in [***] by taking the following steps: • As soon as is commercially practical reduce or cancel component and material orders to the extent contractually permitted. • Return all components and materials to the extent contractually permitted. • Make all Commercially Reasonable Efforts to sell components and materials to third parties. • Assist Company to determine whether current work in progress should be completed, scrapped or shipped “as is”.