Renewal and Amendment Agreement to Manufacture Agreement between LoJack Corporation, LoJack Equipment Ireland Limited, and Celestica LLC
Summary
LoJack Corporation, LoJack Equipment Ireland Limited, and Celestica LLC have agreed to renew their manufacturing agreement for an additional two years starting November 25, 2015. The parties also commit to negotiating changes to product pricing and schedules, aiming to finalize these amendments by March 1, 2016. All parties have signed to confirm their agreement to these terms.
EX-10.W 2 exhibit10w.htm EXHIBIT 10.W Exhibit
EXHIBIT 10W
November 10, 2015
Celestica LLC
11 Continental Blvd., Bldg 300, Suite 103
Merrimack, NH 03054
Attention: General Manager
Fax: 603 ###-###-####
Re: Renewal of Agreement For Manufacture (as modified by Amendment No. 1) Between
LoJack Corporation and LoJack Equipment Ireland Limited, and Celestica LLC (the
“Agreement”) |
Dear General Manager:
The parties agree to renew the Agreement for an additional term of two (2) years, commencing November 25, 2015. Furthermore, the parties agree to negotiate in good faith the amendment of Section 9.1 Product Prices and Schedules 1 and 2 of the Agreement, for which the parties agree that a modification is necessary. These changes will be memorialized in an amendment to the Agreement that the parties will use commercially reasonable efforts to execute prior to March 1, 2016.
Please sign below where indicated and return a copy to my attention. Thank you.
Very truly yours,
/s/ Scott Tripp
Scott Tripp
Vice President, Global Operations
LoJack Corporation
Celestica LLC | |
By: | /s/ Jason Phillips |
Print Name: | Jason Phillips |
Title: | Senior Vice President |
Date: | 11/17/2015 |
LoJack Equipment Ireland Limited | |
By: | /s/ Kenneth L. Dumas |
Print Name: | Kenneth L. Dumas |
Title: | SVP, CFO |
Date: | 11/12/2015 |
LoJack Corporation | |
By: | /s/ Scott Tripp |
Print Name: | Scott Tripp |
Title: | VP Global Operations |
Date: | 11/12/2015 |
With a copy to:
Celestica International Inc.
844 Don Mills Road
Toronto, Ontario Canada M3C 1V7
Attention: Corporate Contracts Department
Fax: 416 ###-###-####
