CBST » Topics » ARTICLE IX- RETURNED/RECALLED PRODUCT

This excerpt taken from the CBST 10-Q filed Nov 10, 2008.

ARTICLE IX- RETURNED/RECALLED PRODUCT

 

9.1           Returned Product.

 

AstraZeneca shall have the sole responsibility and right to accept returned Product.  Except as directed by AstraZeneca pursuant to Section 9.2, Cubist shall not solicit the

 


*Confidential Treatment Requested.  Omitted portions filed separately with the Commission.

 

47



 

return of Product.  If Cubist receives an inquiry from a Third Party regarding Product returns, Cubist shall instruct such Third Party to return the Product in accordance with AstraZeneca’s return policy for the Product, as such policy is provided to Cubist from time to time.  If, for any reason, Cubist should receive any returned Product, Cubist shall promptly notify AstraZeneca in writing.  Any Product returned to Cubist shall be shipped by Cubist to AstraZeneca’s designated facility, with shipping costs to be reimbursed to Cubist by AstraZeneca pursuant to Section 6.2.  Cubist may advise the customer who made the return that the Product has been returned to AstraZeneca.  Cubist shall fully complete and deliver to AstraZeneca the AstraZeneca Return Authorization Form provided by AstraZeneca to Cubist with respect to any returned Product received by Cubist and shipped to AstraZeneca pursuant to this Section 9.1.

 

9.2           Recalled Product.

 

At AstraZeneca’s reasonable request, Cubist shall assist AstraZeneca in obtaining and receiving the Product in the event the Product is recalled or withdrawn from the market, and AstraZeneca shall reimburse Cubist for all documented costs and expenses incurred by Cubist in taking such actions.

 

Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki