Purchaser agrees to Sample Clauses
POPULAR SAMPLE Copied 1 times
Purchaser agrees to. 1) Provide a rolling [*] Forecast by part number and month; Purchaser shall make good faith efforts to provide such Forecast with [*] detail.
2) Provide a blanket purchase order for the [*] Forecast no less than [*] prior to the first required delivery date.
3) Release against such blanket purchase order (“Orders” as described in the Original Agreement) shall be provided at least [*]. Such releases shall be in multiples of the bin size set forth on Schedule A to this Addendum No. 1.
1. [*] = Certain confidential information contained in this document, marked by brackets, has been omitted and filed separately with the Securities and Exchange Commission pursuant to Rule 406 of the Securities Act of 1933, as amended.
4) Provide releases against the then current blanket order for any parts that remain in Supplier’s Detroit inventory of finished goods for more than [*]; provided, however, that Purchaser shall have no obligation to purchase in excess of [*] worth of inventory based on the Forecast at the time of its original procurement by Supplier.
5) Purchase any inventory throughout Supplier’s supply chain obsoleted by a revision change or obsoleting of a part, including packaging materials, at material cost (including Supplier’s standard labor rates) unless assembly processing has been completed.
6) Participate in [*] Kanban review meetings to discuss:
a. Adding parts to the Original Agreement, provided Purchaser shall have no obligation to add parts to the Original Agreement;
b. Removing parts from the Original Agreement; and
c. Changing the levels held in inventory for various part numbers.
Purchaser agrees to. (i) maintain all of the books and records of the Cable System existing on the Closing Date for a period of ten (10) years from the Closing Date, unless earlier released by Seller, and (ii) give Seller and Seller's authorized representatives full and complete access upon reasonable notice during normal business hours to such books and records of the Cable System existing on the Closing Date.
