Common use of Inventory Repurchase Clause in Contracts

Inventory Repurchase. Metron shall prepare on or prior to June 30, 2001 a list of Microelectronics Group Products inventory that it desires to have repurchased by Entegris. Within 30 days of receipt of the list referred to in the preceding sentence, Entegris will perform an on-site inspection of such inventory and provide Metron with return instruction for that inventory that is approved for return under the terms of the existing distribution agreement between Metron and Entegris, such approval not to be unreasonably withheld. In accordance with Section 4.5 of the existing distribution agreement between Metron and Entegris, within 30 days of any transfer of inventory to Entegris, Entegris shall reimburse Metron for the purchase price paid for inventory returned in good condition to Entegris.