(Total Views: 261)
Posted On: 05/10/2019 8:52:10 PM
Post# of 154851
Yes, the first forecast is to be delivered to Samsung by March 31, 2020.
Quote:
Under the terms of the Agreement, the Company is obligated to make specified minimum purchases of Product from Samsung pursuant to the Company’s forecasted requirements. The first forecast for Product will be delivered to Samsung by March 31, 2020. The Company must provide Samsung with a rolling forecast on a quarterly basis setting forth the total quantity of Product that it expects to require in the following years.
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