Common use of Customer Supplied Components Clause in Contracts

Customer Supplied Components. In the event that Cobalt supplies ---------------------------- components to SMTC, these components are being purchased by SMTC with terms of payment of [***] days. The pricing for such customer supplied components are set forth in Appendix A. In the event that the ---------- components have not been consumed by Cobalt [***] CERTAIN INFORMATION ON THIS PAGE HAS BEEN OMITTED AND FILED SEPARATELY WITH THE COMMISSION. CONFIDENTIAL TREATMENT HAS BEEN REQUESTED WITH RESPECT TO THE OMITTED PORTIONS. requirements within [***] of receipt, SMTC has the right to return these parts to Cobalt for immediate credit or, as an alternative, to mutually agree to extend payment terms for an additional period until all components are consumed in assemblies shipped to Cobalt. Cobalt remains liable for the Cobalt unique components until they are consumed by assemblies build and shipped by Cobalt.