Common use of Cisco Lean Hub Participation Clause in Contracts

Cisco Lean Hub Participation. Supplier shall participate in a Cisco Lean Hub Plan as set forth below. 2.1 Participation in a Cisco Lean Hub program shall include, but not be limited to, execution of and adherence to the terms of a Hub agreement between Supplier and one or more EMS Provider (a “Lean VMI Agreement”) in substantially the same form as set forth in Exhibit B (such Lean VMI Agreement attached hereto for purposes of reference only), or an agreement between Supplier and the Hub Operator of a Cisco Memory Hub (a “Lean VMI Agreement For Third Party Hubs”), as applicable. 2.2 No Product Price shall be increased and no other cost shall be imposed upon Cisco or any EMS Provider arising from or related in any way to Supplier’s participation in the Hubs. 2.3 Supplier shall (i) utilize Cisco approved transporters of all Products into and from any Hub, and (ii) establish with Cisco, at least quarterly, the applicable CT2R(s) for each Product and/or location to be shipped. 2.4 Supplier shall provide to Cisco and its EMS Providers visibility to inventory volumes, shipment information and location of Products en route to, within, and transferred from the Hubs whether via electronic data interchange or other Cisco-approved method. 2.5 Cisco shall have no liability for any Orders placed by the EMS Providers, including any Products placed in the Hub. 2.6 The terms of this Agreement that relate to Supplier’s participation in a Cisco Lean Hub shall only become effective with respect to (i) those EMS Providers that have entered into a Lean VMI Agreement with the Supplier, and (ii) a Cisco Memory Hub Provider that has entered into a Lean VMI Agreement for Third Party Hubs with Supplier. Until such time as a Lean VMI Agreement or Lean VMI Agreement for Third Party Hubs, as applicable, has been executed, the other terms of this Agreement, without the Cisco Lean Hub terms, shall remain in full force and effect.

Cisco Lean Hub Participation. Supplier shall participate in a the Cisco Lean Hub Plan plan as set forth below. 2.1 Participation in a the Cisco Lean Hub program shall include, but not be limited to, execution of and adherence to the terms of a Hub agreement between Supplier and one or more EMS Provider (a the “Lean VMI Agreement”) in substantially the same form as set forth in Exhibit B (such Lean VMI Agreement attached hereto for purposes of reference only), or an agreement between Supplier and the Hub Operator of a Cisco Memory Hub (a “Lean VMI Agreement For Third Party Hubs”), as applicable.A. 2.2 No Product Price shall be increased and no other cost shall be imposed upon Cisco or any EMS Provider arising from or related in any way to Supplier’s participation in the Hubs. 2.3 Supplier shall (i) utilize Cisco approved transporters of all Products into and from any Hub, and (ii) establish with Cisco, at least quarterly, the applicable CT2R(s) for each Product and/or location to be shipped. 2.4 Supplier shall provide to Cisco and its EMS Providers visibility to inventory volumes, shipment information and location of Products en route to, within, and transferred from the Hubs whether via electronic data interchange or other Cisco-approved method. 2.5 Cisco shall have no liability for any Orders placed by the EMS Providers, including any Products placed in the Hub. 2.6 The terms of this Agreement that relate to Supplier’s participation in a the Cisco Lean Hub shall only become effective with respect to (i) those EMS Providers that have entered into a Lean VMI Agreement with the Supplier, and (ii) a Cisco Memory Hub Provider that has entered into ; until such a Lean VMI Agreement for Third Party Hubs with Supplier. Until such time as a Lean VMI Agreement or Lean VMI Agreement for Third Party Hubs, as applicable, has been executed, the other terms of this Agreement, without the Cisco Lean Hub terms, shall remain in full force and effect.