Term Sheet and Letter of Agreement between Egenera and Celestica Corporation for Manufacturing Services (March 12, 2003)
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Summary
Egenera and Celestica Corporation have entered into a preliminary agreement outlining how Celestica will provide manufacturing services for Egenera. This term sheet allows Celestica to begin procuring materials and transitioning manufacturing from Egenera’s current supplier, while both parties work toward a formal manufacturing agreement within ninety days. The agreement covers responsibilities for transitioning products, introducing new products, and managing business operations, with provisions for cost, quality, and resource commitments. Either party may terminate the agreement before the final contract is signed.
EX-10.32 9 b50689a1exv10w32.txt EX-10.32 TERM SHEET, DATED MARCH 12, 2003 EXHIBIT 10.32 Confidential Materials omitted and filed separately with the Securities and Exchange Commission. Asterisks denote omissions. TERMS SHEET, MARCH 12, 2003
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Agreed to: CELESTICA CORPORATION EGENERA By: /s/Nathan Kawaye By: /s/James H. Kelly --------------------------------- --------------------------------- (Signature) (Signature) Name: Nathan Kawaye Name: James H. Kelly Title: Sr. VP Title: VP. Mfg. Egenera Date: March 12, 2003 Date: March 24, 2003 -12- TERM SHEET ATTACHMENT A TERM SHEET EXHIBIT A
Note. In Q2'03, pricing will be adjusted if required to account for difference in metal pricing between SMTC and Celestica metal pricing. NRE