Preferred Subcontractor definition
Preferred Subcontractor has the meaning set forth in Section 2(3).
Preferred Subcontractor means that Assembler shall be given the priority to quote for any new package configurations required by FSC from a third party contract assembler that are not of the type for which packaging and/or test services are provided by Assembler to FSC nor provided to FSC by other third parties as of the Effective Date. Additionally, in the event that Assembler provides a competitive quote (including price, capacity, leadtime, etc), then Assembler shall be given preferential consideration for award of the business by FSC.
Examples of Preferred Subcontractor in a sentence
Assembler shall be used as the Preferred Subcontractor on all new package types that FSC intends to build at Subconcontractors, subject to [redacted *], and continued performance to FSC quality and delivery standards, and provided that the capacity is available when FSC requires.