Optronic Components definition
Examples of Optronic Components in a sentence
Subject to the terms and conditions set forth herein, Hitachi and OpNext Japan shall, simultaneous with the execution of this Agreement, enter into a definitive procurement agreement on commercially reasonable terms pursuant to which Hitachi may purchase Optronic Components from OpNext Japan (the “Procurement Agreement”).
Purchaser desires to purchase Optronic Components from Seller, and Seller agrees to sell such Optronic Components, on the terms and conditions set forth herein and in the Preferred Provider Agreement.
In the event that Optronic Components are offered for sale by any other member of the OpNext Group (other than OpNext Japan), Hitachi and such other member of the OpNext Group will enter into a definitive procurement agreement on substantially the same terms as the Procurement Agreement (except that the governing law shall be the jurisdiction of organization of such other member of the OpNext Group).
Any schematic, specification, chip design or design capabilities provided to Hitachi by any member of the OpNext Group for assembly, maintenance or other purposes related to the sale or purchase of Optronic Components hereunder (except to the extent that such document or other information is or becomes generally available to the public) shall be maintained in confidence and shall not be duplicated or disclosed except to the extent necessary for Hitachi to carry out its obligations hereunder.
Subject to the terms and conditions of this Agreement, Hitachi agrees to use the OpNext Group as its preferred provider (subject to the terms and conditions set forth in Section 2.1 below) for Optronic Components.
Prior to the release of any Optronic Components to the public markets or the general availability of such Optronic Components publicly, Hitachi may not, and may not permit any of its Subsidiaries to, reverse engineer, decompile or reverse assemble any Optronic Components, except as otherwise permitted by law.
Each of the Company and Hitachi will designate one (1) individual (each, a “Representative”) in writing to manage its sale or purchase, as applicable, of the Optronic Components to or from the other party and to coordinate its activities under this Agreement with the other party.
During these meetings, Hitachi shall at a minimum share with the Company information substantially similar to that information shared with any other entity that makes components or products similar to the Optronic Components.