Amendment No. 1 to Supplier Partnering Agreement
Amendment No. 1 to Supplier Partnering Agreement
This Amendment No. 1 to Supplier Partnering Agreement dated January 1, 2006 ("Original Agreement") by and between Pacesetter, Inc. (d/b/a St. Jude Medical CRMD), a St. Jude Medical Company, 00000 Xxxxxx Xxxx Xxxxx, Xxxxxx, Xxxxxxxxxx 00000-0000 ("Buyer"); and NVE Corporation, 00000 Xxxxxx Xxxx Xxxx, Xxxx Xxxxxxx, XX 00000-0000 ("Seller") is executed by and between Buyer and Seller.
1. Extension of Term
of Agreement.
Section 1 of the Original Agreement shall be amended so that the term of the
Agreement will continue until December 31, 2009.
2. **
Section 6.2 of the Original Agreement shall be amended so that ** applies to
2009.
3. Change in contacts.
Section 7 "Communication" of the Original Agreement shall be amended
so that the Buyer contact responsible for routine communications between Seller
and Buyer is Xxxxxxx Xxxxxx. Section 10.6 "Notices" to Buyer shall
be similarly amended.
4. Changes in Purchase
Quantity and Unit Price.
Attachment 1 of the Original Agreement shall be amended to reflect a 2008 Unit
Price of **, with an annual volume forecast for 2008 and 2009 of **.
Except as expressly amended above, all other terms and conditions of the Agreement will continue in full force and effect without change or modification.
IN WITNESS OF THIS AGREEMENT, the parties have signed below by their authorized officers:
| PACESETTER, INC. |
NVE
Corporation
|
|
By:
/s/ XXXXXXX X. XXXXXX
|
By:
/s/ XXXXXX X. XXXXX
|
|
Xxxxxxx
X. Xxxxxx
|
Xxxxxx
X. Xxxxx
|
|
Title: Commodity
Manager
|
Title: President
& CEO
|
|
Date: 9/4/07
|
Date: 9/6/07
|
SJM 2008
Forecast
NVE Corporation
|
SJM
Part No.
|
Description
|
2007
% / Qty Required Inventory |
2007
12 Mo. Purchase Forecast |
2007
UNIT PRICE |
2008
% / Qty Required Inventory |
2008
12 Mo. Purchase Forecast |
2008
UNIT PRICE |
||
|
1071000-001
|
GMR
Sensor
|
**
|
**
|
**
|
**
|
**
|
**
|
**
|
**
|
/s/ XXXXXX X.
XXXXX
Vendor Acknowledgment
Xxxxxx X. Xxxxx
Name
9/6/07
Date
