Supplier Component Sales Sample Clauses

Supplier Component Sales. Supplier will supply components (“Components”) to Purchaser for use by Purchaser or Purchaser subcontractors at the prices in Exhibit B Chart 3. On the first day of each calendar quarter, Purchaser shall provide Supplier with an updated Component forecast that reflects Purchaser’s estimated aggregate purchase requirements of Components for the subsequent twelve (12) month period. Purchaser may from time to time provide Supplier with a purchase order that covers a three (3) month time frame with specific quantities of Components to be delivered to Purchaser on specific Delivery Dates, which dates and quantities will be mutually agreed to by the parties, provided that Supplier shall accept all Purchaser purchase orders (including the delivery dates and quantities specified therein) that specify order quantities that are within one hundred and ten percent (110%) of the Product quantities specified in the Component forecast for the applicable period. The Purchaser shall update such purchase order monthly to maintain at all times a total of three (3) months of Component requirements under a purchase order by including, on the first of each new month, an additional one (1) month of Component requirements to the end of such three (3) month timeframe. Supplier shall confirm all Component quantities and delivery dates specified on purchase orders provided by Purchaser within three (3) days after receipt of each such purchase order. Component pricing will be renegotiated annually, at the end of each Contract Year. If the parties cannot agree on a new price for a Component at the end of a Contract Year, the price for such Component shall be the same as the price for such Component during the previous Contract Year. Quantities available to Purchaser at these prices are subject to minimum unit volume requirements for Products shown in Exhibit B Chart 1, Rebate Qualification.