MB 23 - Consignment Stock Agreement：23 MB -寄售库存协议.doc

Consignment Stock Agreement This agreement is entered into today Between of the first part Methode Electronics Malta Ltd (‘Methode’) a company incorporated in Malta represented hereon by duly authorised And of the second part (“the Supplier”) a company incorporated in represented hereon by duly authorised jointly referred to as the Parties where the context thus requires Data Panel Address of Methode: Methode Electronics Malta Ltd Industrial Estate Mriehel BKR 3000 Contact: Phone BUYER PHONE Fax BUYER FAX Email BUYER EMAIL Contact person: BUYER Address of Supplier: Contact: Phone Fax Email Contact person: This agreement covers parts referred to in the Main Agreement dated . Recitals Whereas Methode has engaged the Supplier to supply the parts Whereas it is expedient that the Supplier makes available consignment stocks of the parts to Methode Whereas the Parties desire to regulate the treatment of the consignment stocks Now therefore it is agreed: Definition “Consignment” is the process of the Supplier placing goods at the agreed location owned or administered or otherwise under the control of Methode (the “consignment store”), without payment becoming due by Methode to the Supplier until such time as the goods are withdrawn from the consignment store by Methode. “Main Agreement” is the agreement regulating the purchase and sale of the parts to Methode by the Supplier and if the Main Agreement is terminated or in any way manner or form ceases to obtain between the parties this present agreement shall likewise cease to obtain without prejudice to any portion thereof that is stipulated to survive termination. Consignment Stocks Inventory Level 1.1 Subject to the provisions hereunder, the inventory level of consigned stocks shall be at the discretion of the supplier but absent any stipulation t