ERAPSCO Subcontract Agreement with Sparton DeLeon Springs, LLC. for US Navy NAVAIR Program 62F
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Summary
This agreement is between ERAPSCO, a joint venture of Sparton DeLeon Springs, LLC. and UnderSea Sensor Systems Inc., and Sparton DeLeon Springs, LLC. It authorizes Sparton to fulfill requirements for the US Navy NAVAIR Program 62F under a fixed-price contract valued at $7,620,559. The contract runs from December 20, 2017, to December 20, 2019, with payment terms of net 30 days and FOB origin shipping. Specific product details and quantities are confidential. The agreement outlines delivery, packaging, and other terms for supplying products to the US Navy.
EX-10.31 3 exhibit103110-k2018erapsco.htm EXHIBIT 10.31 Exhibit
Exhibit 10.31 | ||||||||||
CERTAIN PORTIONS OF THESE MATERIALS HAVE BEEN OMITTED BASED ON A REQUEST FOR CONFIDENTIAL TREATMENT SUBMITTED TO THE U.S. SECURITIES AND EXCHANGE COMMISSION (THE “SEC”). THE NON-PUBLIC INFORMATION HAS BEEN OMITTED AND HAS BEEN SEPARATELY FILED WITH THE SEC. EACH REDACTED PORTION OF THE AGREEMENT IS INDICATED BY A “[ ]” AND IS SUBJECT TO THE REQUEST FOR CONFIDENTIAL TREATMENT SUBMITTED TO THE SEC. THE REDACTED INFORMATION IS CONFIDENTIAL INFORMATION OF SPARTON CORPORATION. | ||||||||||
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Subcontractor: | Sparton DeLeon Springs, LLC. | |||||||||
Effective Date: | 20-Dec-17 | |||||||||
Subcontract Number: | ERAPS017-389 | |||||||||
Subcontract Modification: | Initial | |||||||||
Mod Effective Date: | NA | |||||||||
Customer: | US Navy-NAVAIR | |||||||||
Customer Contract Number: | N00421-14-D-0025 DO N0001918F6006 | |||||||||
Program: | 62F | |||||||||
Total Contract Value: | Fee | Funded | 100% | |||||||
USSI: | 69% | |||||||||
Sparton: | 31% | $7,620,559.3 | ||||||||
This subcontract is entered into by and between ERAPSCO (“ERAPSCO” or “Buyer”), a general partnership comprised of Sparton DeLeon Springs, LLC. and UnderSea Sensor Systems Inc. (“USSI” or “Seller”), with offices located at 4868 East Park 30 Drive, Columbia City, Indiana 46725 and Sparton DeLeon Springs, LLC., 5612 Johnson Lake Road, DeLeon Springs, Florida 32130 (“Sparton” or “Seller”). As such, ERAPSCO provides authorization for the Seller to perform requirements identified in the attached customer contract and as summarized herein. | ||||||||||
ERAPSCO/ STS | Sparton DeLeon Springs, LLC | |||||||||
By: | /s/ | By: | /s/ | |||||||
Name | Scott Newman | Name | Joe Kellermeier | |||||||
Title: | ERAPSCO Contract Administrator | Title: | Contract Administrator | |||||||
Date | 12/20/2017 | Date | 12/20/2017 | |||||||
A Sparton DeLeon Springs, LLC. and Ultra Electronics UnderSea Sensor Systems Joint Venture 4868 East Park 30 Drive, Columbia City, Indiana 46725 | ||||||||||
CERTAIN PORTIONS OF THESE MATERIALS HAVE BEEN OMITTED BASED ON A REQUEST FOR CONFIDENTIAL TREATMENT SUBMITTED TO THE U.S. SECURITIES AND EXCHANGE COMMISSION (THE “SEC”). THE NON-PUBLIC INFORMATION HAS BEEN OMITTED AND HAS BEEN SEPARATELY FILED WITH THE SEC. EACH REDACTED PORTION OF THE AGREEMENT IS INDICATED BY A “[ ]” AND IS SUBJECT TO THE REQUEST FOR CONFIDENTIAL TREATMENT SUBMITTED TO THE SEC. THE REDACTED INFORMATION IS CONFIDENTIAL INFORMATION OF SPARTON CORPORATION. | ||||||||||
| Page 2 of 3 | |||||||||
Customer Information | ||||||||||
Customer Name: | US Navy Navair | Technical Contact: | Tim Perry | |||||||
Contract Contact: | Adam Caudle | Phone: | 812 ###-###-#### 209 | |||||||
Phone: | 307 ###-###-#### | Email: | ***@*** | |||||||
Email: | ***@*** | Bid Number: | FY18 | |||||||
End User: | US Navy | |||||||||
Contract Terms | ||||||||||
Contract Type: | FFP | |||||||||
Period of Performance: | 12/20/17 | to | 12/20/19 | |||||||
Shipping Terms: | FOB Origin | Freight Forwarder: | N/A | |||||||
Payment Terms: | Net 30 | Export License Required: | NO | |||||||
Subcontract Line Item Number (SLIN) Information | ||||||||||
SLIN: 001 | ||||||||||
Product Description: | 62F | Quantity: | [___________] | |||||||
Price: | [___________] | Delivery Date: | ||||||||
Product Specifications: | ||||||||||
Packaging Specifications: | ||||||||||
SLIN Total: | ||||||||||
SLIN: 002 | ||||||||||
Product Description: | Quantity: | [___________] | ||||||||
Price: | [___________] | Delivery Date: | ||||||||
Product Specifications: | ||||||||||
Packaging Specifications: | ||||||||||
SLIN Total: | $0 | |||||||||
SLIN: 003 | ||||||||||
Product Description: | Quantity: | |||||||||
Price: | Delivery Date: | |||||||||
Product Specifications: | ||||||||||
Packaging Specifications: | ||||||||||
SLIN Total: | $0 | |||||||||
CERTAIN PORTIONS OF THESE MATERIALS HAVE BEEN OMITTED BASED ON A REQUEST FOR CONFIDENTIAL TREATMENT SUBMITTED TO THE U.S. SECURITIES AND EXCHANGE COMMISSION (THE “SEC”). THE NON-PUBLIC INFORMATION HAS BEEN OMITTED AND HAS BEEN SEPARATELY FILED WITH THE SEC. EACH REDACTED PORTION OF THE AGREEMENT IS INDICATED BY A “[ ]” AND IS SUBJECT TO THE REQUEST FOR CONFIDENTIAL TREATMENT SUBMITTED TO THE SEC. THE REDACTED INFORMATION IS CONFIDENTIAL INFORMATION OF SPARTON CORPORATION. | ||||||||||
| Page 3 of 3 | |||||||||
SLIN: 004 | ||||||||||
Product Description: | Quantity: | |||||||||
Price: | Delivery Date: | |||||||||
Product Specifications: | ||||||||||
Packaging Specifications: | ||||||||||
SLIN Total: | $0 | |||||||||
SLIN: 005 | ||||||||||
Product Description: | Quantity: | |||||||||
Price: | Delivery Date: | |||||||||
Product Specifications: | ||||||||||
Packaging Specifications: | ||||||||||
SLIN Total: | $0 | |||||||||
Subcontract Total: | $7,620,559 | |||||||||
Miscellaneous Comments | ||||||||||
See tracking sheet/contract for delivery details | ||||||||||
A Sparton DeLeon Springs, LLC. and Ultra Electronics UnderSea Sensor Systems Joint Venture 4868 East Park 30 Drive, Columbia City, Indiana 46725 | ||||||||||
