Zip Cartridges Sample Clauses

Zip Cartridges. During Pricing Quarters 1 through 6, the Pricing Volume for Zip cartridges will be [**] ([**]) units.
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Zip Cartridges. During Pricing Quarters 3 through 6, Iomega shall allocate [**]% of the total worldwide requirement on an annual basis of Zip Cartridges to Venture and Venture will be required to make [**] in the total product costs excluding materials and depreciation by Pricing Quarter 6 equal to [**] Percent ([**]%) of these same costs at the end of Pricing Quarter 2 as shown in Exhibit C. This is the agreed upon starting point for all product cost [**]. [**] Product costs are expected to begin in Quarter 3 in a pattern similar to that outlined above for Zip Drives. Pricing Quarter 7 and Beyond. Beginning in Pricing Quarter 7 and for each Pricing Quarter thereafter, the Parties will agree upon a level of fixed spending to be used for calculating Manufacturing Cost and Pricing Volume for the upcoming Pricing Quarter. The price of each Existing Product shall be determined using the basic pricing formula set forth above in Section 10.2 (Basic Pricing Formula). In no event will the price for any Existing Product in Pricing Quarter 7 or any subsequent Pricing Quarter exceed the pricing for such Existing Product in the immediately preceding Pricing Quarter, assuming similar volumes. The Parties agree that the price shall [**] the Existing Products to the Iomega Purchaser, and that [**] to the Iomega Purchaser in connection with the sale of an Existing Product. Venture shall use its reasonable, good-faith efforts to [**] for Zip Drives by [**] percent ([**]%) per Pricing Quarter for [**] of up to [**] percent ([**]%) per year. Venture shall use its reasonable, good-faith efforts to [**] for Zip cartridges by [**] percent ([**]%) per year. [**] on at least [**]% of the [**] over the term of this Agreement as [**] from time to time. Iomega [**] which would [**] at least [**]% of [**] based on the [**]. For the avoidance of doubt, it is understood and agreed that Iomega may [**] to any [**], but will [**].

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