If an order is canceled by Buyer for any reason, Buyer shall pay to Seller within 10 days after written demand, the cancellation charge(s) described below. Buyer agrees that the charges are a reasonable estimate of Seller’s damages in the event that Buyer cancels this order.If Buyer cancels its order less than 60 days after the order date, Buyer shall pay to Seller a cancellation charge of 50% of the price quoted for the products that are canceled. If Buyer cancels its order between 60-90 days after the order date, Buyer shall pay to Seller a cancellation charge of 75% of the price quoted for the products canceled. Orders canceled within 60 days of the agreed shipment date shall have a cancellation charge of 90%. Material received by Seller that is not cancelable will be purchased at list price from Seller by Buyer. Whenever cancellation dates overlap, the higher cancellation charge shall prevail.