Common use of Planning and Forecasting Clause in Contracts

Planning and Forecasting. (a) During each Fiscal Month during the Term, Micron will provide the Joint Venture Company with a written demand forecast of its Probed Wafer needs for the current Fiscal Quarter plus the next **** Fiscal Quarters (the “Demand Forecast”). This demand will include desired Probed Wafer breakout by design id and Process Technology Node. In addition, the Demand Forecast will include the level of Probe Testing, marking specification, requested delivery date and place of delivery for the Probed Wafers, which information will be updated by Micron on a weekly basis as necessary. (b) Within a commercially reasonable period of time (or within a time period mutually agreed by the Parties from time-to-time) following the Joint Venture Company's actual, direct receipt of each Demand Forecast, the Joint Venture Company shall furnish Micron with a written response regarding capacity and indicating what portion or mix of the demand that the Joint Venture Company will commit to supply. This written response (the “Planning Forecast”) will include: (ii) and (c) Based on the Planning Forecast, the Joint Venture Company shall develop a proposed Product loading plan for the current Fiscal Quarter plus the next **** Fiscal Quarters (“Proposed Loading Plan”). The Joint Venture Company shall provide Micron with the Proposed Loading Plan at least **** Business Days prior to its review by the Manufacturing Committee. (d) The Joint Venture Company will submit the Planning Forecast, Proposed Loading Plan and other requested information to the Manufacturing Committee for endorsement. Once endorsed by the Manufacturing Committee, the Proposed Loading Plan shall become part of the Operating Plan. If the Manufacturing Committee fails to approve a specific Loading Plan, then, subject to Section 11.4 of the LLC Operating Agreement, Micron may designate the loading at the Lehi Fab sufficient to satisfy its purchase obligation set forth in the first sentence of Section 4.1. (e) in coordination with the Joint Venture Company's **** business plan, Micron will provide the Joint Venture Company with a forecast of its demand for Probed Wafers for the next **** quarters. The Joint Venture Company will provide feedback on those 101243724.3 forecast within a commercially reasonable period of time (or within a time period mutually agreed by the Parties from time-to-time) following the Joint Venture Company's **** business plan is approved.

Appears in 2 contracts

Samples: Supply Agreement (Micron Technology Inc), Supply Agreement (Micron Technology Inc)

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Planning and Forecasting. (a) During each Fiscal Month during the Term, Micron Intel will provide the Joint Venture Company with a written demand forecast of its Probed Wafer needs for the current Fiscal Quarter plus the next **** Fiscal Quarters (the “Demand Forecast”). This demand will include desired Probed Wafer breakout by design id and Process Technology Node. In addition, the Demand Forecast will include the level of Probe Testing, marking specification, requested delivery date and place of delivery for the Probed Wafers, which information will be updated by Micron Intel on a weekly basis as necessary. (b) Within a commercially reasonable period of time (or within a time period mutually agreed by the Parties from time-to-time) following the Joint Venture Company's actual, direct receipt of each Demand Forecast, the Joint Venture Company shall furnish Micron Intel with a written response regarding capacity and indicating what portion or mix of the demand that the Joint Venture Company will commit to supply. This written response (the “Planning Forecast”) will include: (ii) and (c) Based on the Planning Forecast, the Joint Venture Company shall develop a proposed Product loading plan for the current Fiscal Quarter plus the next **** Fiscal Quarters (“Proposed Loading Plan”). The Joint Venture Company shall provide Micron Intel with the Proposed Loading Plan at least **** Business Days prior to its review by the Manufacturing Committee. (d) The Joint Venture Company will submit the Planning Forecast, Proposed Loading Plan and other requested information to the Manufacturing Committee for endorsement. Once endorsed by the Manufacturing Committee, the Proposed Loading Plan shall become part of the Operating Plan. If the Manufacturing Committee fails to approve a specific Loading Plan, then, subject to Section 11.4 of the LLC Operating Agreement, Micron Intel may designate the loading at the Lehi Fab sufficient to satisfy its purchase obligation set forth in the first sentence of Section 4.1. (e) in coordination with the Joint Venture Company's **** business plan, Micron Intel will provide the Joint Venture Company with a forecast of its demand for Probed 101243723.3 Wafers for the next **** quarters. The Joint Venture Company will provide feedback on those 101243724.3 forecast within a commercially reasonable period of time (or within a time period mutually agreed by the Parties from time-to-time) following the Joint Venture Company's **** business plan is approved.

Appears in 1 contract

Samples: Supply Agreement (Micron Technology Inc)

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Planning and Forecasting. (a) During each Fiscal Month during the Term, Micron Intel will provide the Joint Venture Company with a written demand forecast of its Probed Wafer needs for the current Fiscal Quarter plus the next **** Fiscal Quarters (the “Demand Forecast”). This demand will include desired Probed Wafer breakout by design id and Process Technology Node. In addition, the Demand Forecast will include the level of Probe Testing, marking specification, requested delivery date and place of delivery for the Probed Wafers, which information will be updated by Micron Intel on a weekly basis as necessary. (b) Within a commercially reasonable period of time (or within a time period mutually agreed by the Parties from time-to-time) following the Joint Venture Company's actual, direct receipt of each Demand Forecast, the Joint Venture Company shall furnish Micron Intel with a written response regarding capacity and indicating what portion or mix of the demand that the Joint Venture Company will commit to supply. This written response (the “Planning Forecast”) will include: (ii) and (c) Based on the Planning Forecast, the Joint Venture Company shall develop a proposed Product loading plan for the current Fiscal Quarter plus the next **** Fiscal Quarters (“Proposed Loading Plan”). The Joint Venture Company shall provide Micron Intel with the Proposed Loading Plan at least **** Business Days prior to its review by the Manufacturing Committee. (d) The Joint Venture Company will submit the Planning Forecast, Proposed Loading Plan and other requested information to the Manufacturing Committee for endorsement. Once endorsed by the Manufacturing Committee, the Proposed Loading Plan shall become part of the Operating Plan. If the Manufacturing Committee fails to approve a specific Loading Plan, then, subject to Section 11.4 of the LLC Operating Agreement, Micron Intel may designate the loading at the Lehi Fab sufficient to satisfy its purchase obligation set forth in the first sentence of Section 4.1. (e) in coordination with the Joint Venture Company's **** business plan, Micron Intel will provide the Joint Venture Company with a forecast of its demand for Probed Wafers for the next **** quarters. The Joint Venture Company will provide feedback on those 101243724.3 forecast within a commercially reasonable period of time (or within a time period mutually 101243723.3 agreed by the Parties from time-to-time) following the Joint Venture Company's **** business plan is approved.

Appears in 1 contract

Samples: Supply Agreement (Micron Technology Inc)

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