|
Quotes & Info
|
| TUNE > SEC Filings for TUNE > Form 8-K on 22-Sep-2009 | All Recent SEC Filings |
22-Sep-2009
Entry into a Material Definitive Agreement, Financial Statements and Exhibits
Third Amendment to Ionics Manufacturing Agreement
On September 21, 2009, a subsidiary of Microtune, Inc., Microtune (Texas), L.P., a Texas limited partnership ("Microtune L.P.") and Ionics EMS, Inc., a Philippine corporation ("Ionics"), entered into the Third Amendment (the "Amendment") to that certain Manufacturing Agreement dated as of May 24, 2005, whereby Ionics manufactures certain radio frequency subsystem products for Microtune L.P. on a purchase order basis. The Amendment is deemed effective as of January 1, 2009. The Amendment provides, among other things, for certain responsibilities and obligations of each party during fiscal year 2009 in connection with Ionics' maintenance and calibration of the equipment consigned to Ionics by Microtune L.P. In addition, the Amendment permits the determination of manufacturing pricing outside of the pre-determined price schedule, by the mutual agreement of the parties through price quotations and purchase orders. Finally, the Amendment provides for manufacturing price adjustments due to currency exchange rate fluctuations, payment terms, and NRE charges to be paid by Microtune L.P.
The foregoing description of the Amendment is qualified in its entirety by reference to the text of the Amendment, filed as Exhibit 10.1 hereto and incorporated herein by reference.
(d) Exhibits.
Exhibit
Number Description
10.1 Third Amendment to Manufacturing Agreement between Microtune (Texas),
L.P. and Ionics EMS, Inc. dated September 21, 2009.
|
|
|