Amendment No. 4 to Supplier Partnering AgreementSupplier Partnering Agreement • February 7th, 2011 • Nve Corp /New/ • Semiconductors & related devices
Contract Type FiledFebruary 7th, 2011 Company IndustryNVE and Pacesetter Confidential apply to any information already in the public domain as of the effective date of this Amendment No. 4, or which enters the public domain through no fault of Seller. 10.10 Escrow. The parties agree and acknowledge that availability of the product proprietary technology of the Seller is critical to the Buyer in the conduct of its business and therefore the Buyer needs access to the proprietary technology under certain circumstances. Buyer and Seller desire to establish an escrow account with a third party to provide for the retention, administration and controlled access of the proprietary product technology of the Seller. Buyer has previously entered into a Three-Party Master Beneficiary Escrow Service Agreement No. 34000 with Iron Mountain (the “Escrow Agent”) dated March 12, 2008 attached hereto as Attachment 2 (the “Escrow Agreement”). Seller hereby agrees to be bound by all of the provisions of the Escrow Agreement. Seller shall complete and exec