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Price To Be Fixed At Option Of Seller
PRICE TO BE FIXED AT OPTION OF SELLER
During the term of this agreement, seller may from time to time, change the purchase price as of the [Day of the month] day of [any month or as the case may be] by mailing a notice of such change to the buyer at least [Days of written notice] days in advance. Failure of buyer to deliver to seller written objection to the change at least [Days of notice] days before the effective date of the change of the purchase price shall constitute acceptance of the change by the buyer. If the change is not accepted, seller has the option either to terminate this agreement in whole or in part as of the effective date of the proposed change or any later date by mailing notice of the determination to buyer, or seller may continue to supply buyer at the purchase price in terms then in effect.
This is a UCC-buying and selling form.
It is intended to be an addendum to other forms.