Amendment No. 3 to Supplier Partnering AgreementSupplier Partnering Agreement • September 16th, 2010 • Nve Corp /New/ • Semiconductors & related devices
This Amendment No. 3 to Supplier Partnering Agreement dated January 1, 2006 (as previously amended, the “Agreement”) by and between Pacesetter, Inc. (d/b/a St. Jude Medical CRMD), a St. Jude Medical Company, 15900 Valley View Court, Sylmar, California 91392-9221 (“Buyer”); and NVE Corporation, 11409 Valley View Road, Eden Prairie, MN 55344-3617 (“Seller”) is executed by and between Buyer and Seller. 1. Extension of Term of Agreement. Section 1 of the Agreement is amended so that the term of this Agreement will continue until December 31, 2011. 2. Changes in Unit Price Attachment 1 of the Agreement shall be amended to reflect a 2011 price of **. 3. Escrow Agreement Buyer and Seller shall negotiate in good faith towards execution of a mutually satisfactory technology escrow agreement to provide for the retention, administration and controlled access of Seller’s product proprietary technology under certain circumstances. 4. Except as expressly amended above, all other te
