AMENDMENT NO. 7 TO SUPPLIER PARTNERING AGREEMENT
THIS AMENDMENT TO SUPPLIER PARTNERING AGREEMENT
(this “Amendment”), dated as of April 12, 2021, (the “Amendment
Effective Date”) is made and entered into by and between Pacesetter, Inc.,
with offices at 00000 Xxxxxx Xxxx Xxxxx, Xxxxxx, Xxxxxxxxxx, 00000 (“Buyer”),
and NVE Corporation, with a principal place of business at 00000 Xxxxxx
Xxxx Xx, Xxxx Xxxxxxx, Xxxxxxxxx, 00000-0000 (“Seller”).
RECITALS
| A. | Buyer and Seller
are parties to that certain SUPPLIER PARTNERING AGREEMENT with an effective date
of January 1, 2006; Amendment No. 1 with an effective date of September 6,
2007; Amendment No. 2 with an effective date of December 15, 2009; Amendment
No. 3 with an effective date of September 13, 2010; Amendment No. 4
with an effective date of February 1, 2011; Amendment No. 5 with an effective
date of April 20, 2016; and Amendment No. 6 with an effective date of
December 16, 2020 (collectively the “Amendment”). |
| B. | Buyer
and Seller now wish to amend the terms of Agreement as set forth in this Amendment. NOW, THEREFORE, Buyer and Seller agree to amend the Agreement as follows: |
| 1. | Xxxxxxx
0, Xxxx of Agreement, is hereby deleted and replaced with the following |
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| 1. | Term
of Agreement. This Agreement begins on January 1, 2006 and will remain in
force through November 30, 2021, unless terminated earlier. |
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| 2. | If
any provisions of this Amendment and the Agreement conflict, the provisions of
this Amendment shall prevail. Except as specifically amended herein, all terms
and conditions of the Agreement shall remain in full force and effect. |
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| 3. | Each party represents that it has authority to enter into this Amendment. This Amendment may be executed in counterparts, each of which for all purposes shall be deemed an original, and all of which constitute, collectively, one agreement. Facsimile or electronically transmitted signatures shall be deemed effective as originals. | |||
The parties have caused this Amendment to be signed by their duly authorized representatives, effective as of the Amendment Effective Date.
| Pacesetter, Inc. By: /s/ XXXXX XXXXXX Name: Xxxxx Xxxxxx Title: Date: 2021.04.30 |
NVE Corporation By: /s/ XXXXXX X. XXXXX Name: Xxxxxx X. Xxxxx Title: President & CEO Date: 4/27/21 |
| 9025.2 - NVE Corporation - Supply (Direct) Amended | Page 1 of 1 |
