Common use of Buffering for DR Clause in Contracts

Buffering for DR. 1 PRODUCTS (Not applicable) SUPPLIER agrees to build and carry a SUPPLIER STOCK and/or at least one DISTRIBUTION CENTER dedicated to DR1 PRODUCTS. The agreed stock levels are listed in ANNEX L. SUPPLIER agrees to manage its internal production and supply processes to maintain the stock levels in the SUPPLIER STOCK and/or DISTRIBUTION CENTERS, as listed in ANNEX L, at all times. SUPPLIER is responsible for all aspects of managing the SUPPLIER STOCK and/or DISTRIBUTION CENTERS including, but not limited to, planning, carrying costs and replenishment. SUPPLIER shall report the stock levels held in the SUPPLIER STOCK and DISTRIBUTION CENTERS to PURCHASER and ORDERING PARTY at least once a week. This data is necessary for PURCHASER and ORDERING PARTY to execute material availability calculations. PURCHASER reserves the right to inspect the SUPPLIER STOCK and the DISTRIBUTION CENTERS at any time with [*] prior written notice to SUPPLIER. Both PARTIES agree to revise and adjust ANNEX L at least quarterly in response to changes in demand requirements. Page Initialed by the PARTIES [*] [*] [*] = Certain confidential information contained in this document, marked by brackets, is filed with the Securities and Exchange Commission pursuant to Rule 24b-2 of the Securities Exchange Act of 1934, as amended. EXHIBIT B (LSA) C O N F I D E N T I A L 8 of 10

Appears in 3 contracts

Samples: Service Agreement, Frame Purchase Agreement (Endwave Corp), Frame Purchase Agreement (Endwave Corp)

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Buffering for DR. 1 PRODUCTS (Not applicable) SUPPLIER agrees to build and carry a SUPPLIER STOCK and/or at least one DISTRIBUTION CENTER dedicated to DR1 DR-1 PRODUCTS. The agreed stock levels are listed in ANNEX L. SUPPLIER agrees to manage its internal production and supply processes to maintain the stock levels in the SUPPLIER STOCK and/or DISTRIBUTION CENTERS, as listed in ANNEX L, at all times. SUPPLIER is responsible for all aspects of managing the SUPPLIER STOCK and/or DISTRIBUTION CENTERS including, but not limited to, planning, carrying costs and replenishment. SUPPLIER shall report the stock levels held in the SUPPLIER STOCK and DISTRIBUTION CENTERS to PURCHASER and ORDERING PARTY at least once a week. This data is necessary for PURCHASER and ORDERING PARTY to execute material availability calculations. PURCHASER reserves the right to inspect the SUPPLIER STOCK and the DISTRIBUTION CENTERS at any time with [*] prior written notice to SUPPLIER. Both PARTIES agree to revise and adjust ANNEX L at least quarterly in response to changes in demand requirements. Page Initialed by the PARTIES [*] [*] [*] = Certain confidential information contained in this document, marked by brackets, is filed with the Securities and Exchange Commission pursuant to Rule 24b-2 of the Securities Exchange Act of 1934, as amended. EXHIBIT B SUPPLIER shall report the stock levels held in the SUPPLIER STOCK and DISTRIBUTION CENTERS to PURCHASER and ORDERING PARTY at least once a month. This data is necessary for PURCHASER and ORDERING PARTY to execute material availability calculations. PURCHASER reserves the right to inspect the SUPPLIER STOCK and the DISTRIBUTION CENTERS at any time with twenty four (LSA24) C O N F I D E N T I A hour prior written notice to SUPPLIER. Furthermore, SUPPLIER guarantees to replenish and maintain the agreed stock levels of each LOCAL BUFFER, as per ANNEX L, at all times. Both PARTIES agree to revise and adjust ANNEX L 8 at least quarterly in response to changes in demand requirements. Notwithstanding the above, ORDERING PARTY shall be allowed to revise and adjust the stock levels of 10each LOCAL BUFFER monthly.

Appears in 2 contracts

Samples: Frame Purchase Agreement (Endwave Corp), Frame Purchase Agreement (Endwave Corp)

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