Probecard Purchase and Pricing Agreement between FormFactor, Inc. and Samsung Electronics Co., Ltd.

Summary

FormFactor, Inc. and Samsung Electronics Co., Ltd. entered into an agreement outlining the pricing, purchase terms, and service conditions for probecards over a one-year period. The contract specifies minimum order quantities, unit prices, delivery schedules, and repair services, including a Gold Service Contract for warranty and non-warranty repairs. Both parties agree to cooperate on product improvements, issue a joint press release, and adhere to an order cancellation policy. Payment terms and confidentiality provisions are also included. The agreement is designed to govern the commercial relationship for the supply and support of probecards.

EX-10.24.1 18 f80848a8exv10w24w1.txt EXHIBIT 10.24.1 EXHIBIT 10.24.1 CONFIDENTIAL TREATMENT REQUESTED [PRODUCT PRICING FOR SAMSUNG] [Date: Oct/31/2001] Pricing for Probecards ordered in 12 months period starting the execution of the Probecard purchase agreement shall be as follows: 1. Minimum Q'ty : * * * 2. Unite Price : * * * 3. Product : * * * 4. Order due date : * * * 5. Delivery due date : * * * 6. Minimum Q'ty/New-design: 6-1. * * * for * * * 6-2. * * * (* * *) for * * *. 6-3. Minimum re-order Q'ty: * * * (* * *-will be credit with the re-order) 7. Guest engineer: Guest engineer will be dispatched to get new design information at SEC. 8. Signed: Agreed as above for * * * and will be applied in the future PPA. FormFactor, Inc. Samsung Electronics Co., Ltd. By: /s/ K.K. Kim By: /s/ S.M. Lee ----------------------------- ----------------------------- Date: Oct/31/2001 Date: 10/31/2001 --------------------------- --------------------------- FormFactor Confidential * * * Confidential treatment has been requested for portions of this exhibit. The copy filed herewith omits the information subject to the confidentiality request. Omissions are designated as * * *. A complete version of this exhibit has been filed separately with the Securities and Exchange Commission. Appendix 1 Product Pricing for Samsung Pricing Terms: 1. Pricing for probecards delivered in a 1 year period starting from the execution of the Probecard Purchase Agreement shall be as follows:
Product Type Unit Price NRE * * * $ * * * $ * * * * * * $ * * * $ * * * * * * $ * * * $ * * *
2. Contract Term and Condition: 2.1 Contract term for one year shall be from January 2002 to December 2002 2.2 The * * * for * * * is guaranteed 3. Price Condition: 3.1 A * * * shall apply to the table above should a DUT exceed * * * (over * * * for * * *) 3.2 Should Samsung purchase a quantity of * * * than * * * of a new design (* * *), the * * * shall apply. * * * re-orders quantity is * * * and * * * will be * * * for next new design for * * * than * * * of new design. Should the New Design be a * * *, the * * * shall be * * * at a * * * of * * *. 4. Repair Condition: 4.1 Gold Service Contract is included on above price. (Attached) 4.2 VENDOR will assign a * * * for * * * support without any * * *. 5. Payment terms, * * *, F.O.B. Livermore, CA, Payable in US Dollars 6. Both companies agree to Order - Cancellation Policy (Attached) 7. Both companies will cooperate together to improve relationship. 8. FFI and Samsung shall issue a joint press release about the existence of this contract. 9. Signed: FormFactor, Inc. Samsung Electronics Co., Ltd. By: /s/ S.M. Kim By: /s/ [illegible] -------------------------- -------------------------- Date: 1/10/2002 Date: 1/10/2002 ------------------------- ------------------------- Proprietary Data, BUYER and FormFactor Confidential All rights reserved page 1/1 * * * Confidential treatment has been requested for portions of this exhibit. The copy filed herewith omits the information subject to the confidentiality request. Omissions are designated as * * *. A complete version of this exhibit has been filed separately with the Securities and Exchange Commission. GOLD Service Contract FormFactor 1-1 Accept SEC's proposal about category of warranty and non-warranty (SEC will pay for ***) 1-2 Free local repair for *** except *** 1-3 ***/ea (excl. VAT) for local repair (per SEC request) 1-4 Local repair service detail (Possible rework at current point) 1) ***: Less *** without ***: Repairable 2) ***: Less *** without ***: Repairable Over *** without ***: will determined if it is repairable or not based on the investigation. 3) ***: Non repairable. (non-warranty) 1-5 Maintain current repair pricing for replacement of new probe head and PCB * ***% of original sales price for new probe head * ***% of original sales price for PCB replacement * All *** costs and *** are responsibility of customer for non-warranty 1-6 Both companies should work together through TFT to reduce number of SAR as well as finding root causes for specific problem - ------------ *** Confidential treatment has been requested for portions of this exhibit. The copy filed herewith omits the information subject to the confidentiality request. Omissions are designated as *****. A complete version of this exhibit has been filed separately with the Securities and Exchange Commission. Appendix 1 PRODUCT PRICING FOR SAMSUNG Pricing Terms: 1. Pricing for probecards delivered in a 1 year period starting from the execution of the Probecard Purchase Agreement shall be as follows:
Product Type Unit Price NRE Credit Condition * * * $ * * * $ * * * Total qty = * * * * * * $ * * * $ * * * Total qty = * * * * * * $ * * * $ * * * Total qty = * * * * * * $ * * * $ * * * Total qty = * * *
2. Contract Term and Condition: 2.1 Contract term for one year shall be from December 2002 to December 2003. 3. Price Condition: 3.1 A * * *% premium shall apply to the table above should a DUT exceed * * * (* * *), and * * * a DUT exceed * * *. 3.2 For * * *, Should Samsung purchase a quantity of * * * of a new design (* * *), the * * * shall apply. * * * will be credit for next new design in case purchasing * * * on * * *. Should the * * * be a * * *, the * * * shall be charged at a price of $* * *. 3.3 For more than * * *, Should Samsung purchase a quantity of * * * of a new design (* * *), the * * * shall apply. * * * will be credit for next new design in case purchasing * * * on * * *. Should the * * * be a * * *, the * * * shall be charged at a price of $* * *. 3.4 For * * * and * * * with * * * 3.5 * * * is provided * * * at FFIK if * * * of PC purchased. * * * is provided * * * at FFIK if * * * of PC purchased. * * * is provided * * * at FFIK if * * * of PC purchased. 3.6 Released product (* * * or * * *),(* * * or * * *),(* * *) is applied on * * *, and * * * is released when * * * is * * *. 3.7 Recycling program is applied for purchasing. 4. Repair Condition: 4.1 Gold Service Contract is included on above price. (Attached) 4.2 VENDOR will assign a * * * for * * * support without any * * *. 5. Payment terms, Net * * *, F.O.B. Livermore, CA, Payable in US Dollars. 6. Both companies agree to Order Cancellation Policy (Attached). 7. Both companies will cooperate together to improve relationship. 8. FFI and Samsung shall issue a joint press release about the existence of this contract. - -------------------------------------------------------------------------------- Proprietary Data, BUYER and FormFactor Confidential - -------------------------------------------------------------------------------- All rights reserved page 1/2 * * * Confidential treatment has been requested for portions of this exhibit. The copy filed herewith omits the information subject to the confidentiality request. Omissions are designated as * * *. A complete version of this exhibit has been filed separately with the Securities and Exchange Commission. 9. Signed: FormFactor, Inc. Samsung Electrics Co., Ltd. By: /s/ [illegible] By: /s/ [illegible] -------------------------------- -------------------------------- Date: '03/01/22 Date: '03/01/22 ------------------------------ ------------------------------ /s/ Peter B. Mathews - ------------------------------------ VP-Worldwide Sales - ------------------------------------ Jan. 22, 2003 - ------------------------------------ - -------------------------------------------------------------------------------- Proprietary Data, BUYER and FormFactor Confidential - -------------------------------------------------------------------------------- All rights reserved page 2/2 GOLD Service Contract FormFactor 1-1 Accept SEC's proposal about category of warranty and non-warranty (SEC will pay for ***) 1-2 Free local repair for *** except *** 1-3 ***/ea (excl. VAT) for local repair (per SEC request) 1-4 Local repair service detail (Possible rework at current point) 1) ***: Less *** without ***: Repairable 2) ***: Less *** without ***: Repairable Over *** without ***: will determined if it is repairable or not based on the investigation. 3) ***: Non repairable. (non-warranty) 1-5 Maintain current repair pricing for replacement of new probe head and PCB * ***% of original sales price for new probe head * ***% of original sales price for PCB replacement * All *** costs and *** are responsibility of customer for non-warranty 1-6 Both companies should work together through TFT to reduce number of SAR as well as finding root causes for specific problem - ------------ *** Confidential treatment has been requested for portions of this exhibit. The copy filed herewith omits the information subject to the confidentiality request. Omissions are designated as *****. A complete version of this exhibit has been filed separately with the Securities and Exchange Commission.