Probecard Pricing Agreement between FormFactor, Inc. and Samsung Electronics Co., Ltd.
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Summary
FormFactor, Inc. and Samsung Electronics Co., Ltd. entered into an agreement outlining the pricing, terms, and conditions for the purchase of probecards over a one-year period. The agreement specifies unit prices, minimum order quantities, delivery and payment terms, and repair conditions. Both parties agree to an order cancellation policy and to cooperate to improve their business relationship. The contract also includes provisions for joint press releases and confidentiality. The agreement is effective for specified annual periods and is signed by representatives of both companies.
EX-10.24.1 8 f80848a5exv10w24w1.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. * * * : * * * 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. * * *: * * * (* * *-will be credit with the re-order) 7. * * * : * * * will be * * * to get * * * 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:
2. Contract Term and Condition: 2.1 Contract term for one year shall be from January 2002 to December 2002 2.2 The * * * is guaranteed 3. Price Condition: 3.1 A * * * shall apply to the table above should a DUT exceed * * * (* * *) 3.2 Should Samsung purchase a quantity of * * * of a new design (* * *), the * * * shall apply. * * * re-orders quantity is * * * for next new design for * * * of new design. Should the New Design be a * * *, the * * * shall be * * *. 4. Repair Condition: 4.1 * * * is included on above price. * * * 4.2 VENDOR will assign a * * *. 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. 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:
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 * * * is included on above price. (Attached) 4.2 VENDOR will assign a * * *. 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