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AAPL » Topics » Additionally, Purchase Orders placed by a Designee shall clearly state that such Designee is purchasing as the agent of Apple Computer, Inc.These excerpts taken from the AAPL 10-K filed Dec 19, 2003. Additionally, Purchase Orders placed by a Designee shall
clearly state that such Designee is purchasing “as the agent of Apple Computer,
Inc.” Purchase Order
Lead Times and any applicable MOQ’s will be as set forth in the relevant
Attachment to the Agreement. Apple or
IBM will advise Designee of applicable Purchase Order Lead Times and MOQ’s in
an Attachment to this Term Sheet or by written notice. Purchase Orders may be rejected by IBM if
not received in advance with at least the Purchase Order Lead Time.
3.3 IBM and its Plants will respond promptly regarding all Purchase Orders placed under this Agreement, providing a Sales Acknowledgment accepting or rejecting the Purchase Order within two (2) Business Days after receipt of any Purchase Order placed with the requisite Purchase Order Lead Time and within eight (8) Business Days after receipt of any Purchase Order placed with less than the requisite Purchase Order Lead Time. 3.4 IBM will specify the Scheduled Shipment Date for the Products ordered in the applicable Sales Acknowledgment. For Products ordered with less than the requisite Purchase Order Lead Time, if the Scheduled Shipment Date differs from the requested shipment date, the Designee may, at its option: (i) cancel all or any portion of the Purchase Order without liability to IBM provided it does so in accordance with Section 5.1, below; or (ii) require that IBM deliver the Products ordered using priority freight delivery with incremental freight charges at the Designee’s expense. 3.5 In the event that IBM determines to discontinue the manufacture of a Product under the Agreement, IBM will provide Apple with written notice of such discontinuance, which notice Apple may provide to Designees authorized to purchase that Product. Additionally, Purchase Orders placed by a Designee shall clearly state that such Designee is purchasing “as the agent of Apple Computer, Inc.” Purchase Order Lead Times and any applicable MOQ’s will be as set forth in the relevant Attachment to the Agreement. Apple or IBM will advise Designee of applicable Purchase Order Lead Times and MOQ’s in an Attachment to this Term Sheet or by written notice. Purchase Orders may be rejected by IBM if not received in advance with at least the Purchase Order Lead Time. 3.3 IBM and its Plants will respond 3.4 IBM will specify the Scheduled 3.5 In the event that IBM determines to | EXCERPTS ON THIS PAGE:
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