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EXHIBIT 10.14
[ALCATEL LOGO]
MEMORANDUM OF AGREEMENT
This Agreement is dated and effective as of January 7, 2000, by and between
Alcatel USA Sourcing, L.P. ("Buyer"), having a place of business at 0000 Xxxx
Xxxx, Xxxxx, Xxxxx 00000 and New Focus, Inc. ("Seller"), having its principle
place of business at 0000 Xxxxx Xxxxxx, Xxxxx Xxxxx, Xxxxxxxxxx 00000-0000.
Whereas, Seller commits to support and manufacture the optoelectronic component
("Product") as noted below for purchase by Customer.
Whereas, Buyer commits to purchase at least [*] of Buyer's total demand,
equating to approximately [*] units, based on acceptable levels of service and
quality from Seller, of the Product noted below from Seller for deliveries
during calendar year 2000 based on Buyer's current usage projections.
Product and Commercial Issues
-----------------------------
- [*]
- Establishment of safety stock for lead time reduction program as
mutually agreed upon by both Buyer and Seller.
This Memorandum of Agreement supersedes all previous understandings or
representations made prior to or simultaneous with the execution of this
document, by any party, with respect to the subject matter contained herein.
It is understood that issuance of a purchase order(s) is subject to receipt of
final approval by internal management of Alcatel USA Sourcing, L.P. and mutually
agreed to terms and conditions. It is further understood that should
the-required management approval be withheld, Alcatel USA will not place a
purchase order(s) and will not be subject to penalties, costs or other liability
of any nature.
/s/ XXXX XXXXX /s/ XXX XXXXXXXXX
----------------------------------- ------------------------------------
Xxxx Xxxxx Xxx XxxXxxxxx
Purchasing Team Leader Product Marketing Manager
Alcatel USA Sourcing, L.P. New Focus, Inc.
/s/ XXXX XXXXXXXXX /s/ XXXX XXXXX
----------------------------------- ------------------------------------
Xxxx Xxxxxxxxx Xxxx Xxxxx
Manager - Advanced Purchasing Vice President, GM of
Alcatel USA Sourcing, L.P. Telecommunications
New Focus, Inc.
[*] Certain information on this page has been omitted and
filed separately with the Commission. Confidential treatment
has been requested with respect to the omitted portions.
