Military Sales. Producers may not solicit or sell Products on a military base or installation. For purposes of this Agreement, a military base or installation includes any state or federally owned, leased, or operated base, reservation, post, camp, building or other facility to which service members are assigned for duty, including barracks, transient housing or family quarters. Producers will, and will ensure that their sales representatives, comply with the Military Personnel Financial Services Act, the National Association of Insurance Commissioners Military Sales Practices Model Regulation and any other applicable federal, state or military law, regulation or directive concerning sales to military personnel and their dependents.
Military Sales. Please delete the last paragraph in its entirety that begins, “In filing contracts and other agreements with U.S. military customer…” and replace with the following: “In filing contracts and other agreements with U.S. military customers (or their contractors), the Service Provider will be required to fill part orders at a price below the transfer price. For the parts shipped in fulfillment of these contracts, the Company will reimburse Service Provider in accordance with Exhibit R for the average cost of the Product plus a handling fee of ***% of current year list price. Average cost is equal to ***% of current year list price.” Exhibit R: Payment Terms – Please delete this Exhibit in its entirety and replace with the following paragraphs: Service Provider Payment Terms Service Provider payment terms for new part purchases are *** days paid twice monthly. Payments will be made to Company via check. The check must be in Company’s possession by close of business on the second Friday and last Friday of a month unless payment schedule is otherwise mutually agreed. CONFIDENTIAL TREATMENT HAS BEEN REQUESTED BY AVIALL, INC. FOR CERTAIN PORTIONS OF THIS DOCUMENT. CONFIDENTIAL PORTIONS HAVE BEEN FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION. OMITTED PORTIONS ARE INDICATED IN THIS DOCUMENT WITH “***”. Company Payment Terms Company payment terms for amounts due Service Provider are *** days paid twice monthly. Payments will be made to Service Provider via wire on the second Friday and last Friday of a month unless payment schedule is otherwise mutually agreed.” All other terms and conditions remain unchanged. The foregoing Provisions are understood and agreed by the undersigned parties.
