Confidential Materials omitted and filed separately with the Securities and Exchange Commission. Asterisks denote omissions.
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Confidential
Materials omitted and filed separately with the
Securities and Exchange Commission. Asterisks denote omissions.
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10 January 2003
Xxxxx
Xxxxxxxxxx
VP Global Procurement
Marconi Communications
0000 Xxxx Xxxxx
Xxxxxxxxxx,
XX 00000-0000
Xxxxxx Xxxxxx of America
Dear Xxxxx,
Global Procurement Agreement of 1st February 2002 between Marconi Communications, Inc.
and Bookham Technology plc ("GPA")
I am writing to confirm our recent discussions regarding the Marconi minimum purchase commitment under the GPA for the calendar year 2003. We agreed as follows:\
- 1.
- During
2003 Marconi will place purchase orders to a minimum value according to the following schedule:
- •
- Q1
03: £[**] ($[**])
- •
- Q2
03: £[**] ($[**])
- •
- Q3
03: £[**] ($[**])
- •
- Q4 03: £[**] ($[**])
- 2.
- Q1's
minimum purchase commitment of: £[**] ($[**]) will comprise:
- •
- [**]
: £
[**]
- •
- [**]
: £
[**]
- •
- [**]
: £
[**]
- •
- [**] : £ [**]
- 3.
- Marconi
will pay the outstanding balance as shown below [**]:
- •
- Abingdon: £[**]
- •
- Abingdon: $[**]
- •
- Paignton: $[**]
The payment will be made promptly on or before that day without any delay.
For complete clarity, compliance with the above will complete Marconi's minimum purchase obligations under the GPA in full. Also, this letter shall extend the initial term of the GPA to 31st December 2003 and clause 8.1 of the GPA shall be deemed amended accordingly.
Please sign below to confirm Marconi's agreement to these terms.
| /s/ XXXXXXXXXXX XXXXXXXXXX |
Xxxxxxxxxxx Xxxxxxxxxx, VP Global Procurement
Yours sincerely,
| /s/ XXXXX XXXXXX Chief Commercial Officer |
