Nissho Performance Guarantee Clause Samples

Nissho Performance Guarantee. (1) Displaytech and Nissho executive management must have a semi-annual review where performance against goals in Exhibit D is evaluated by individual customer and compared with information from Exhibit C. Nissho's goals set in Exhibit D for both design wins and monthly sales volumes will be evaluated in detail. (2) Performance metrics, set as Nissho performance goals, shall be included as an update to Exhibit D on the semi-annual basis by Displaytech and Nissho executive management. A review of the performance matrices will be done at each Quarterly Sales Meeting to track performance using the document in Exhibit D. Exhibit D will represent Nissho's guarantee of performance. Goals as defined in the Exhibit D are to be maintained as a matter of record. Exhibit D will be updated on an annual basis.