Exhibit 10.1
Confidential portions of this document indicated by "*****" have been omitted
and filed separately with the Commission
WESTERN EXTRUSIONS
DATE: March 24, 1999
TO: FEATHERLITE
X.X. Xxx 000, Xxxxxxx 00 & 0
Xxxxxx, XX 00000
ATTN: Xxxxx Xxxx
RE: Forward Buying Agreement - January 1, 2000 through December 31, 2000
$***** per pound on Solids
$***** per pound on Hollows
Dear Xx. Xxxx:
Per our agreement, Western Extrusions has offered Forward Pricing for the period
above to Featherlite and it has been accepted.
Details are as follows:
1. Period: January 1, 2000 through December 31, 2000
2. Volume: ***** Lbs. Alloy 6061 & 6063 (Shipping
tolerance + or - 10% per monthly line item.)
3. Western Standard Terms and Conditions of Sale will apply.
4. This Forward Price Agreement constitutes an irrevocable Must Take
Agreement, and may not be deferred or cancelled unless by mutual
agreement of both parties. It is also understood that no force majeure
can be invoked by either party against this contract.
5. Western reserves the right to invoice any product not released in
accordance with this agreement.
6. This agreement is not assignable unless by mutual written agreement
of both parties.
7. All other pricing, such as, anodizing, fabrication or paint are subject
to change, and are not applicable in this contract.
I would appreciate your signing and returning our Letter of Agreement, and if
you should have any questions, please give me a call.
Sincerely,
WESTERN EXTRUSIONS CORPORATION
Company Featherlite, Inc.
Name /s/ Xxxx Xxxxx
/s/ Xxxx X. Xxxxxxxx
Xxxx X. Xxxxxxxx Title VP - Operations
Vice President
Sales & Marketing Date 3/25/99
Note 45 day terms on payment C. Lepa
