Exhibit 10.17
English Translation of
LEAN MANAGEMENT
SERVICES AGREEMENT NR._001/98
DATE: JANUARY 1, 1998
By this private instrument, LEAN MANAGEMENT CONSULTORIA EMPRESARIAL S/C LTDA.,
with headquarters at Xxx Xxxx Xxxxx xx Xxxxxx, 000, suite 01, Centro, in the
city of Juquitiba, State of Sao Paulo, enrolled with federal taxpayers' registry
(CGC/MF) under # 02.474.502/0001-95, herein represented by Xx. Xxxxxxx Xxxxxx de
Castilho, quotaholder, hereinafter simply referred to as CONTRACTED PARTY, and
AUTOCAM DO BRASIL USINAGEM LTDA., with headquarters at Avenida Xxxxxxxx xx Xxxxx
Xxxxx, 2.060, in the city of Pinhal, State of Sao Paulo, enrolled with federal
taxpayers' registry (CGC/MF) under # 00.025.160/0001-95, with branches in the
city of Campinas, State of Sao Paulo, at Rua Xxxxxxx de Sa # 1.042, enrolled
with federal taxpayers' registry (CGC/MF) under # 00.025.160/0002-76 and in the
city of Boituva, State of Sao Paulo, at Rodovia de Acesso Boituva Porto Feliz,
km 12, enrolled with federal taxpayers' registry (CGC/MF) under #
00.025.160/0003-57, herein represented by Xx. Xxxxx Xxxxxxxxx Xxxxx,
Administrative Manager, hereinafter simply referred to as CONTRACTING PARTY,
resolve, in consideration to their mutual covenants, to enter into the present
agreement which shall be governed by the following terms and conditions:
CLAUSE I
OBJECT
Article 1. The object of this agreement is the rendering of Advisory Services in
the Operational Management of AUTOCAM DO BRASIL'S industrial plants, which may,
or not, be executed within its premises.
CLAUSE II
TERM FOR THE RENDERING OF SERVICES
Article 2. The services shall be rendered as of January 1, 1998 for an
indeterminate term. Both parties may terminate the agreement by giving a 90-days
prior written notice to the other party.
CLAUSE III
ACCESS, OCCUPATIONAL HEALTH AND SAFETY
Article 3. The CONTRACTING PARTY guarantees to the CONTRACTED PARTY the access
to its premises, as well as the access to all information regarding the
rendering of services described in this agreement.
LEAN MANAGEMENT
SERVICES AGREEMENT NR._001/98
DATE: JANUARY 1, 1998
Article 4. During the execution of the services, the CONTRACTED PARTY's
employees shall observe the Safety Guidelines and the demeanor prescribed by
AUTOCAM DO BRASIL, the CONTRACTED PARTY being entirely responsible for any
accident or incident that may occur due to non-compliance of the above referred
Rules.
CLAUSE IV
PROJECT TEAM
Article 5. The partner in charge of the project, on behalf of the CONTRACTED
PARTY, shall be Xx. Xxxxxxx Xxxxxx de Castilho. Messrs. Caetano Xxxxxxx
Xxxxxxxxx, Xxxx Xxxxxxxxx Xxxxxxxxx Xxxxxxxxx and Xxxxxx Xxxxxxx shall also be
part of the team and shall carry out the managerial advisory tasks in the
Boituva unit and in the Departments of Engineering and Thermic Treatment,
respectively.
CLAUSE V
CONFIDENTIALITY
Article 6. All confidential information possibly transmitted to the CONTRACTED
PARTY shall be treated with maximum confidentiality for an indeterminate term,
according to the ethical standards that guide the parties' professional conduct.
Documents from AUTOCAM DO BRASIL provided, temporarily, for the CONTRACTED
PARTY, shall be controlled and tracked by specific procedures and restricted
access. All documents originated from this project shall be considered as
property of AUTOCAM DO BRASIL and shall not be used by the CONTRACTED PARTY
without prior authorization from the CONTRACTING PARTY.
Article 7. Both parties, by themselves and on behalf of their representatives,
herein undertake to inform their employees on the conduct to be observed
concerning the confidentiality provisions.
CLAUSE VI
SOCIAL SECURITY OBLIGATIONS
Article 8. The CONTRACTED PARTY is solely responsible for any and all labor and
social security obligations as well as any other legal obligation concerning the
advisors, quotaholders, and/or subcontracted parties.
LEAN MANAGEMENT
SERVICES AGREEMENT NR._001/98
DATE: JANUARY 1, 1998
CLAUSE VII
JOINT AND SEVERAL LIABILITY
Article 9. This agreement shall remain in full force and effect regardless of
the parties being subject to any merger, amalgamation, spin-off or any kind of
corporate restructuring, provided that such party gives immediate notice of any
such events to the other party, and informs any actual or potential successors
of the existence of this agreement and its amendments, if any, so as to maintain
the compliance of all its terms and conditions.
CLAUSE VIII
ADMINISTRATIVE RESPONSIBILITY
Article 10. Any of the quotaholders and/or employees of the CONTRACTED PARTY may
undertake obligations usually inherent to management, as long as necessary legal
documents for such purpose are granted by the CONTRACTING PARTY.
CLAUSE IX
PAYMENT
Article 11. The monthly price of the advisory services rendered by each advisor
of the CONTRACTED PARTY shall be as follows:
XXXXXXX XXXXXX DE CASTILHO - US$ 22,916.67 (twenty two thousand, nine hundred
and sixteen dollars and sixty seven cents) - (US$ 275,000 per year)
CAETANO XXXXXXX XXXXXXXXX - R$ 9,180.00 (nine thousand, one hundred and eighty
reais)
XXXX XXXXXXXXX XXXXXXXXX XXXXXXXXX - R$ 9,180.00 (nine thousand, one hundred
eighty reais)
XXXXXX XXXXXXX - R$ 7,135.00 (seven thousand, one hundred and thirty five reais)
Article 12. The amounts due to each advisor shall be readjusted every year
according to the IGPM index (Brazilian General Index of Market Prices) or at any
other periodicity agreed upon by the CONTRACTING PARTY, exception made to Xx.
Xxxxxxx Xxxxxx xx Xxxxxxxx whose amount is fixed in US commercial dollars.
LEAN MANAGEMENT
SERVICES AGREEMENT NR._001/98
DATE: JANUARY 1, 1998
CLAUSE X
VENUE
Article 13. Any disputes arising under this agreement shall be settled before
the courts of the City of Campinas, State of Sao Paulo, to the exclusion of all
other courts, however privileged they may be.
In witness whereof, the parties have executed this Agreement in three
counterparts of identical form and content, in the presence of the 2 (two)
witnesses below.
Campinas, January 1, 1998
AUTOCAM DO BRASIL USINAGEM LTDA.
Name of the legal representative: XXXXX XXXXXXXXX XXXXX
ADMINISTRATIVE MANAGER
LEAN MANAGEMENT CONSULTORIA GERENCIAL LTDA.(1)
Name of the legal representative: XXXXXXX XXXXXX XX XXXXXXXX
QUOTAHOLDER
WITNESSES:
1 - Illegible Signature
Name: Xxxxxx X. Xxxxx Trofino
ID: 21494157
2 - Illegible Signature
Name: Xxxx Xxxxxxx Xxxxxxx
ID: 762507-9
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(1) Please notice that the Contracted Party's name is LEAN MANAGEMENT
CONSULTORIA EMPRESARIAL S/C LTDA., and not LEAN MANAGEMENT CONSULTORIA GERENCIAL
LTDA.
