Common use of Yield Improvements; Future Price Reductions Clause in Contracts

Yield Improvements; Future Price Reductions. The PARTIES agree that they will work diligently and with their respective best efforts to achieve yield improvements in the manufacture of the [*] Products hereunder. HMC agrees that, in consideration for SEEQ's efforts in the attempt to improve such yields, HMC will negotiate in good faith with SEEQ to reduce the prices set forth above (i) for the [*] Product manufactured hereunder so that SEEQ may obtain a share of the benefits of yield improvements in excess of [*] die per wafer, and (ii) for the [*] and [*] Products, the Parties shall share the benefits over the base line yields to be agreed upon once mass production of such Products commences.

Yield Improvements; Future Price Reductions. The PARTIES agree that they will work diligently and with their respective best efforts to achieve yield improvements in the manufacture of the [*] Products hereunder. HMC agrees that, in consideration for SEEQ's efforts in the attempt to improve such yields, HMC will negotiate in good faith with SEEQ to reduce the prices set forth above (i) for the [*] Product manufactured hereunder so that SEEQ may obtain a share of the benefits of yield improvements in excess of [*] die per wafer, and (ii) for the [*] and [*] Products, the Parties shall share the benefits over the base line yields to be agreed upon once mass production of such Products commences.