Treatment of Obsolete/End-of-Life Material. Upon receiving notice from Company of an engineering change or that any Product, component or assembly has become obsolete or has reached end-of-life for which Company is canceling any portion of a then-current Build Schedule, Jabil will, within a reasonable period after receiving such notice, provide Company with an analysis of [***] for components and materials acquired or scheduled to be acquired to manufacture such Product under the relevant accepted Build Schedule(s). Company’s [***]. Jabil will use Commercially Reasonable Efforts to assist Company in [***] by taking the following steps: • As soon as is commercially practical reduce or cancel component and material orders to the extent contractually permitted. • Return all components and materials to the extent contractually permitted. • Make all Commercially Reasonable Efforts to sell components and materials to third parties. • Assist Company to determine whether current work in progress should be completed, scrapped or shipped “as is”.
Treatment of Obsolete/End-of-Life Material. Upon receiving notice from iRobot of an engineering change or that any Product, component or assembly has become obsolete or has reached end-of-life, Kin Yat will, within a reasonable period after receiving such notice, provide iRobot with an analysis of iRobot’s liability to Kin Yat for components and materials acquired or scheduled to be acquired to manufacture such Product. iRobot’s liability shall include the price of finished Product and Kin Yat’s costs (including cancellation fees and charges), plus applicable margin, of WIP, safety stock components and materials and components and materials on hand or on order within Portions of this Exhibit were omitted and have been filed separately with the Secretary of the Commission pursuant to the Company’s application requesting confidential treatment under Rule 24b-2 of the Exchange Act - [***] denotes omissions. applicable Lead-times. Kin Yat will use Commercially Reasonable Efforts to assist iRobot in minimizing iRobot’s liability by taking the following steps: • As soon as is commercially practical reduce or cancel Component and material orders to the extent contractually permitted. • Return all Components and materials to the extent contractually permitted. • Make all Commercially Reasonable Efforts to sell Components and materials to iRobot approved third parties. • Assist iRobot to determine whether current WIP should be completed, scrapped or shipped to iRobot or its designee “as is”.
Treatment of Obsolete/End-of-Life Material. Upon receiving notice from Company of an engineering change or that any Product, component or assembly has become obsolete or has reached end-of-life Jabil will, within a reasonable period after receiving such notice, provide Company with an analysis of Company’s liability to Jabil for components and materials acquired or scheduled to be acquired to manufacture such Product. Company’s liability shall include the price of finished Product and Jabil’s costs (including cancellation fees and charges), plus applicable margin, of WIP, safety stock components and materials and components and materials on hand or on order within applicable Lead-times. Jabil will use Commercially Reasonable Efforts to assist Company in minimizing Company’s liability by taking the following steps: • As soon as is commercially practical reduce or cancel Component and material orders to the extent contractually permitted. • Return all Components and materials to the extent contractually permitted. • Make all Commercially Reasonable Efforts to sell Components and materials to third parties; provided, however, that Company shall approve any such sale for Components and consigned items that Company identifies in writing as having “exclusive rights.” • Assist Company to determine whether current WIP should be completed, scrapped or shipped to Company or its designee “AS-IS.”
Treatment of Obsolete/End-of-Life Material. Upon receiving notice from Company (or Supplier, if applicable) of an intent to make an engineering change or that any Product, component or assembly has become obsolete or has reached end-of-life Jabil will, within 5 business days after receiving such notice, provide Company with an analysis of Company’s liability to Jabil for components and materials acquired or scheduled to be acquired to manufacture such Product. Company’s liability shall include the price of finished Product and Jabil’s costs (including cancellation fees and charges), plus applicable margin, of work in progress, safety stock components and materials and components and materials on hand or on order within applicable Lead-times. Jabil will use Commercially Reasonable Efforts to assist Company in minimizing Company’s liability by taking the following steps: · As soon as is commercially practical reduce or cancel component and material orders to the extent contractually permitted. · Return all components and materials to the extent contractually permitted. · Make all Commercially Reasonable Efforts to sell components and materials to third parties. · Assist Company to determine whether current work in progress should be completed, scrapped or shipped “as is”. · Upon acceptance from Company, procure and hold materials and components under a “last time buy” under mutually agreed upon terms to carry such inventory.
Treatment of Obsolete/End-of-Life Material. Upon receiving notice from Company that any Product, component or assembly has become obsolete or has reached end-of-life Jabil will, within a reasonable period after receiving such notice, provide Company with an analysis of Company’s liability to Jabil for components and materials acquired or scheduled to be acquired to manufacture such Product. Company’s liability shall include the price of finished Product and Jabil’s costs (including cancellation fees and charges), plus applicable margin, of work in progress, safety stock components and materials and components and materials on hand or on order within applicable Lead-times. Jabil will use Commercially Reasonable Efforts to assist Company in minimizing Company’s liability by taking the following steps: § As soon as is commercially practical reduce or cancel component and material orders to the extent contractually permitted. § Return all components and materials to the extent contractually permitted. § Make all Commercially Reasonable Efforts to sell components and materials to third parties. § Assist Company to determine whether current work in progress should be completed, scrapped or shipped “as is”.
Treatment of Obsolete/End-of-Life Material. Upon receiving notice from MEP of an engineering change or that any Product, component or assembly has become obsolete or has reached end-of-life BASA will, within 20 Business Days after receiving such notice, provide MEP with an analysis of MEP's liability to BASA for Components, Unique Components, and materials acquired or scheduled to be acquired to manufacture such Product. MEP's liability shall include the price of finished Product and BASA's costs (including cancellation fees and charges), plus applicable margin, of work in progress, safety stock components and materials and components and materials on hand or on order within applicable Lead-times. BASA will use Commercially Reasonable Efforts to assist MEP in minimizing MEP's liability by taking the following steps: · As soon as is commercially practical cancel component and material orders to the extent contractually permitted. · Return all Components, Unique Components, and materials to the extent contractually permitted. · Make all Commercially Reasonable Efforts to sell Components, Unique Components, and materials to third parties. · Assist MEP to determine whether current work in progress should be completed, scrapped or shipped "as is".
Treatment of Obsolete/End-of-Life Material. Upon receiving notice from Company of an engineering change order or order cancellation which results in any Product, Component or assembly becoming Obsolete or has reached end-of-life, Provider will, within a reasonable period after receiving such notice, provide Company with an analysis of Company’s liability to Provider for Components and materials acquired or scheduled to be acquired to manufacture such Product. Company’s liability shall include the price of finished Product and Provider’s costs, (including cancellation fees and charges), work in progress, and materials and Components on hand or on order within applicable lead-times. Not withstanding the foregoing, Company shall not pay profit for any materials and components on hand or on order rendered obsolete hereunder. Company shall pay landed cost and/or material overhead and profit for finish products and any work in process. Provider will use commercially reasonable efforts to assist Company in minimizing Company’s liability by taking the following steps; • As soon as is commercially practical reduce or cancel Component and material orders to the extent contractually permitted. • Return all Components and materials to the extent contractually permitted. • Make all commercially reasonable efforts to sell Components and materials to third parties. • Assist Company to determine whether current work in progress should be completed, scrapped or shipped “as is”.
