iffer — Safety Stox ent
This agreement is made between
Avnet Europe COMM.VA., Kouterveldstraat 20, 1831 Diegem, Belgium, referred to as ‘the SUPPLIER’
hereafter
and:
Connect Group Romania, Sos. Borsului 40 - 410605 Oradea - Romania, referred to as ‘the CLIENT’
hereafter
for the supply of products as documented in Appendix A attached covering the period from 26.11.2014 to
26.11.2015,
Period of Agreement:
This agreement will cover products listed in Appendix A between the SUPPLIER and the CLIENT, Any stock
being held or on order with the manufacturer under this agreement up to and including the end date of this
agreement will be supplied to the CLIENT at the contracted price stated in Appendix A of this agreement,
Pricing:
The pricing is stated in Appendix A.
Stock:
‘The SUPPLIER will maintain dedicated inventory to a level of 10% of the estimated annual volumes as quoted
in Appendix A, subject to a due and timely delivery by the manufacturer. This stock holding will act as a safety
or upside stock and thus will not act as a lead-time reduction programme. Should this safety stock be
Consumed it will be subject to the latest manufacturers lead time for refill purposes. On termination of the
agreement as defined in period of agreement above and in the event that the SUPPLIER is holding a residue of
safety stock or has purchase commitments on the manufacturer that must be fulfilled, then the SUPPLIER
reserves the right to ship this stock to the CLIENT to @ maximum level of 10% of the annual estimated quantity
as defined in Appendix A. The Inventory will be shipped not later than one month after the termination date of
the agreement specified above under Period of Agreement,
Lead Times:
Avnet will advise of any significant changes to lead times on products listed on Appendix A as soon as we are
advised by the manufacturer.
CLIENT and SUPPLIER agree that all current and future deliveries and any performance by the SUPPLIER are
governed by the General Terms and Conditions for Delivery of the SUPPLIER, These General Terms and
Conditions are available at http://www. avnet-memec,eu/footer/leqalnotices.htm| or will be sent to the CLIENT
upon its request,
behalf of the SUPPLIER: ianed on b the iT:
Signature... auareuaal
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Position. Lencnte.fssrtrone, (lomoger
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Frankrijklaan 22
18-8970 POPERINGE
Tel. 057 344 522
Fax 057 344 510OTS vbE £50 xed
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