Third Party Warehousing Services Clause Samples

Third Party Warehousing Services on the same terms and conditions as currently provided. Regional Distribution Centers (“RDCs”): • La Mirada, CA • Portland, OR With regard to all export shipment to Canada from the RDCs, Canadian Customs Invoice required for such export shall be prepared by designated employees of IP (Service Recipient) and NOT by any employee of Spinco. The parties shall cooperate in good faith to ensure that all such export shipment be made on a timely basis. RDCs: 12 months from the Distribution Date. La Mirada, CA (IP owned facility): Handling fee will be the actual labor cost plus a 15% ▇▇▇▇-up thereof. The labor cost consists of: • Warehouse: hourly cost and hourly benefits • Office: hourly cost and hourly benefits (office) • Salaried/management: cost and benefits • Overtime • Reimbursement of pass through operating supplies Portland, OR: • Storage: $4.56/sqf • Handling: $30.19/hour • $10/hour for material handling equipment used • $10.50/roll for the IPG roll stock • Reimbursement of pass through operating supplies Service Provider: ▇▇▇▇▇▇ ▇▇▇▇▇▇ Service Recipient: ▇▇▇▇ ▇▇▇▇▇▇ for RDCs and ▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇ for DCs Distribution Centers (“DCs”): • Columbia, MO • Denver, CO • Kansas City, KS • Lynchburg, VA • Omaha, NE • Syracuse, NY • Rochester, NY DCs: 6 months from the Distribution Date Columbia, MO: $9.05/bundle (including storage and handling) Denver, CO: • Storage $3.44/ton • Handling $3.35/ton Kansas City, KS (IP owned facility): • Handling: • $4.14/bundle (CTA) • $2.40/ton (IPG) • $5.39/ton (CPB, P&CP) Lynchburg, VA: • Storage $1.50/pallet • Handling $3.00/pallet Omaha, NE (IP leased facility): • Handling $3.85/bundle Syracuse, NY: • Storage $3.32/ton • Handling $5.32/ton Rochester, NY: • Storage $4.00/pallet • Handling $6.25/pallet • Crossdock: $3.25/pallet Clarifications: 1. Unless otherwise indicated with respect to a particular Service, the anticipated term of services is 12 months from the Closing Date.