Memorandum of Understanding for Wafer Supply between Catalyst Semiconductor, Inc. and Oki Electric Industry Co., Ltd.
Catalyst Semiconductor, Inc. (CSI) and Oki Electric Industry Co., Ltd. (Oki) have agreed that Oki will supply semiconductor wafers to CSI for a 12-month period from September 1, 2000, to August 31, 2001. CSI will place orders for specified quantities, and Oki will deliver the wafers at agreed prices. The agreement outlines the delivery schedule, pricing, and addresses deviations from the delivery plan. Both parties have signed the agreement, confirming their commitment to these terms.
EXHIBIT 10.75
MEMORANDUM OF UNDERSTANDING FOR WAFER SUPPLY
Whereas Catalyst Semiconductor, Inc. (CSI) wishes to purchase wafers from Oki Electric Industry Co., Ltd. (Oki), and Oki wishes to supply wafers to CSI, the two parties enter this agreement as of July 6, 2000.
Definitions:
Wafers: [*].
Understanding
For the 12 month period from September 1, 2000 through August 31, 2001, CSI agrees to place orders with Oki and Oki agrees to deliver the wafer quantities as stated below:
[*]: [*]
[*]: [*]
The price of wafers for the period from September 1, 2000 through August 31, 2001 shall be determined as follows:
[*]: $[*]
[*]: $[*]
In case there is any deviation from the [*] delivery schedule, [*].
CATALYST SEMICONDUCTOR, INC. | OKI ELECTRIC INDUSTRY, CO. LTD. | ||
/s/ Hideyuki Tanigami | /s/ Hisao Baba | ||
Name: Hideyuki Tanigami Title: Chairman of the Board | Name: Hisao Baba Title: Vice President & General Manager Marketing & Sales Dev., SiSC |
| |||
22 September 2000 | September 22, 2000 | ||
Date | Date |
[*] | Certain information in this exhibit has been omitted and filed separately with the Commission. Confidential treatment has been requested with respect to the omitted portions. | ||