Document:

exv10w18

 

Exhibit 10.18

*** Confidential treatment has been requested for portions of this exhibit. The copy filed
herewith omits the information subject to the confidentiality request. Omissions are designated as
[***]. A complete version of this exhibit has been filed separately with the Securities and
Exchange Commission.

FIRST ADDENDUM TO MASTER

SUPPLY AGREEMENT

     THIS ADDENDUM TO MASTER SUPPLY AGREEMENT (hereinafter, the “Addendum”) is entered into as of
October 3, 2007, (“Effective Date”) by and between Insulet Corporation (“Customer”) and Flextronics
Marketing (L) Ltd (“Flextronics”). Capitalized terms not otherwise defined herein shall have the
meanings ascribed to them in the MSA defined below.

RECITALS

     WHEREAS, Customer and Flextronics entered into that certain Master Supply Agreement, dated as
of January 3, 2007, pursuant to which Customer engaged Flextronics to perform Work (the “MSA”); and

     WHEREAS, Customer now desires to engage Flextronics for additional Work pursuant to the MSA in
connection with the “Omnipod” and Flextronics desires to accept such engagement.

     NOW, THEREFORE, in consideration of the foregoing and the mutual covenants hereinafter set
forth, Customer and Flextronics hereby covenant and agree as follows.

AGREEMENTS

     1. Engagement. In connection with the Omnipod, Customer hereby engages Flextronics to perform
the Work in accordance with, and subject to, the terms and conditions of the MSA. The Omnipod is
hereby added as “Product” under the MSA. The Specifications for such Product are included in
Flextronics’s production document management system and maintained in accordance with the terms of
the MSA and are incorporated herein by reference as Exhibit 2-B. The initial fees are set forth on
the Fee List attached hereto and incorporated herein as Exhibit 3-B.

     2. Pricing. The parties acknowledge and agree that the initial fees set forth on the Fee List
are based upon assumptions provided by Customer including, without limitation, assumptions with
respect to materials costs, manufacturing time and manufacturing costs. If, prior to Flextronics’s
beginning manufacturing of the Omnipod, Flextronics determines that such assumptions are not
accurate, Flextronics shall give Customer written notice to that effect and provide Customer with
updated initial fees (the “Adjustment Notice”). Customer shall then have the option to terminate
this Addendum and cancel all outstanding purchase orders issued for

 

 

the Omnipod (and, for clarity, not the MSA) by providing written notice to such effect to
Flextronics within five (5) business days after receipt of the Adjustment Notice (the “Rejection
Notice”). If Customer fails to provide the Rejection Notice within such five (5) business day
period, then the initial fee list shall be the fees set forth in the Adjustment Notice. If
Customer provides Flextronics with a Rejection Notice as set forth herein, then, notwithstanding
the termination of this Addendum, Customer shall immediately purchase from Flextronics all Product,
Inventory and/or Special Inventory relating to the Omnipod by paying the Affected Inventory Costs.
In addition, Flextronics shall calculate the cost or gain of unwinding any currency hedging
contracts entered into by Flextronics to support an cancelled purchase order(s) relating to the
Omnipod. Should the unwinding result in a loss to Flextronics, Customer agrees to cover such loss
amount for Flextronics immediately upon receipt of an invoice for such amount. Should the
unwinding result in a gain to Flextronics, a credit note will be immediately issued to Customer.
Further, Customer agrees to reimburse Flextronics for (i) the non-recurring expenses set forth on
Exhibit 4-B when Flextronics manufactures [***] units of the Omnipod in any calendar month and (ii)
the non-recurring expenses set forth on Exhibit 5-B when Flextronics manufactures [***] units of
the Omnipod in any calendar month. The terms of Section 5.4 shall apply to amounts due pursuant to
this Section 2.

     3. Counterparts. This Addendum may be executed in counterpart originals for the convenience
of the parties, but each counterpart original shall have the force and effect as if signed by all
parties to this Addendum.

2

 

     IN WITNESS WHEREOF, Customer and Flextronics have executed this Agreement by their duly
authorized representatives as of the Effective Date.

	 	 	 	 	 
	INSULET CORPORATION
	 
	 	 	 	 
	By:

	 	/s/ Carsten Boess
	 	 
	 

	 	 	 	 
	Title:

	 	CFO	 	 
	 

	 	 	 	 
	 
	 	 	 	 
	FLEXTRONICS MARKETING (L) LTD.
	 
	 	 	 	 
	/s/ Manny Marimuthu
	By:

	 	Manny Marimuthu	 	 
	 

	 	 	 	 
	Title:

	 	Director	 	 
	 

	 	 	 	 

3

 

EXHIBIT 2-B

Incorporated by reference

4

 

EXHIBIT 3-B

	 	 	 	 	 	 	 
	FLEXMedical

	 	 	 	 	 	Flextronics
	 

	 	 	 	 	 	8/F Haio Weal Industrial Bldg.,
	 

	 	 	 	 	 	22-28 Tei Chung Road
	 

	 	 	 	 	 	Tsuan Wan, N.T. Hong Kong
	 
	 	 	 	 	 	 
	 

	 	 	 	 	 	Budgetary Quotation Only
	 
	 	 	 	 	 	 
	Customer Name:

	 	Insulet
	 	 
	Project Name:

	 	POD Assembly
	 	 
	RFQ No.:

	 	0	 
	 
	 	 	 	 	 	 
	Manufacturing Location: Xixiang China
	Date of Quote: 28-

	 	Mar-07
	 	 

[***]

Assumptions:

[***]

5

 

EXHIBIT 4-B

1. Estimated NRE cost for Insulet Meter Assy

[***]

2. Estimated CMM machine for IQC Incoming inspection

[***]

6

 

EXHIBIT 5-B

1. Estimated NRE cost for Insulet Meter Assy

[***]

2. Estimated CMM machine for IQC Incoming inspection

[***]

7EXHIBIT 10.6

June 30, 2007

Warrington Management, L.P.

12377 Merit Drive – Suite 800

Dallas, Texas 75251-2296

Attention: Mr. Scott C. Kimple

			
		Re: 	Management Agreement Renewals

Dear Mr. Kimple:

We are writing with respect to your management agreements concerning the commodity pools to which reference is made below (the ‘‘Management Agreements’’). We are extending the term of the Management Agreements through June 30, 2008 and all other provisions of the Management Agreements will remain unchanged.

			
		• 	Smith Barney Warrington Fund L.P.

Please acknowledge receipt of this modification by signing one copy of this letter and returning it to the attention of Ms. Jennifer Magro at the address above or fax to 212-793-1986. If you have any questions I can be reached at 212-559-5046.

Very truly yours,

CITIGROUP MANAGED FUTURES LLC

		
	By: 	/s/ Jennifer Magro

Jennifer Magro

Chief Financial Officer & Director

		
	By: 	/s/ Scott C. Kimple

Print Name: Scott C. Kimple

JM/srEXHIBIT 10.6

June 30, 2007

SandRidge Capital, L.P.

1300 Post Oak Blvd., Suite 325

Houston, Texas 77056

Attention: Mr. Andrew M. Rowe

Re:    Management Agreement Renewals

Dear Mr. Rowe:

We are writing with respect to your management agreements concerning the commodity pools to which reference is made below (the ‘‘Management Agreements’’). We are extending the term of the Management Agreements through June 30, 2008 and all other provisions of the Management Agreements will remain unchanged.

			
		• 	SB Bristol Energy Fund LP

			
		• 	CMF SandRidge Master Fund LP

			
		• 	Citigroup Energy Advisors Portfolio L.P.

			
		• 	SSB Diversified 2000 Futures Fund L.P.

			
		• 	CMF SandRidge Feeder (Cayman) Ltd.

Please acknowledge receipt of this modification by signing one copy of this letter and returning it to the attention of Ms. Jennifer Magro at the address above or fax to 212-793-1986. If you have any questions I can be reached at 212-559-5046.

Very truly yours,

CITIGROUP MANAGED FUTURES LLC

By:    /s/ Jennifer Magro

        Jennifer Magro

        Chief Financial Officer & Director

By:    /s/ Andrew M. Rowe

Print Name: Andrew M. Rowe

JM/sr

1EXHIBIT 10.17

June 30, 2007

Chesapeake Capital Corporation

500 Forest Avenue

Richmond, Va 23229

Attention: Mr. John M. Hoade

			
		Re: 	Management Agreement Renewals

Dear Mr. Hoade:

We are writing with respect to your management agreements concerning the commodity pools to which reference is made below (the ‘‘Management Agreements’’). We are extending the term of the Management Agreements through June 30, 2008 and all other provisions of the Management Agreements will remain unchanged.

			
		• 	Smith Barney Tidewater Futures Fund L.P.

			
		• 	AURORA III

Please acknowledge receipt of this modification by signing one copy of this letter and returning it to the attention of Ms. Jennifer Magro at the address above or fax to 212-793-1986. If you have any questions I can be reached at 212-559-5046.

Very truly yours,

CITIGROUP MANAGED FUTURES LLC

		
	By: 	/s/ Jennifer Magro                                            

Jennifer Magro

Chief Financial Officer & Director

		
	By: 	/s/ John M. Hoade

Print Name:    John M. Hoade, President

JM/srExhibit 4.1

[FACE OF CERTIFICATE]

 

	
                        NUMBER
 	
                        [LOGO]
 	
                        SHARES
 
	
                        SMG
 	
                        SCOPE METALS GROUP LTD.
 	
                         
 
	
                        INCORPORATED UNDER THE LAWS OF THE STATE OF ISRAEL
 
	
                         
 	
                         
 	
      SEE REVERSE FOR     
 CERTAIN DEFINITIONS
 
	
                         
 	
                         
 	
      CUSIP M8260V 105     
 

THIS CERTIFIES THAT

IS THE REGISTERED HOLDER OF

FULLY PAID AND NON-ASSESSABLE ORDINARY SHARES OF NIS 1.00 EACH OF

SCOPE METALS GROUP LTD.

transferable on the books of the Corporation in person or by duly authorized attorney under surrender of this certificate properly endorsed. This certificate and the shares represented hereby are issued and shall be held subject to all the provisions of the Memorandum of Association and Articles of Association of the Corporation and amendments thereto, to all of which the holder by the acceptance hereof assents. This Certificate is not valid until countersigned and registered by the Transfer Agent and Registrar.

WITNESS the facsimile seal of the Corporation and the facsimile signatures of its duly authorized officers.

Dated:

 

	
                        [SIGNATURE]
 CHIEF FINANCIAL OFFICER
 	
                        [SEAL]

             
 	
                        [SIGNATURE]|
 CHIEF EXECUTIVE OFFICER
 

 

	
                        COUNTERSIGNED AND REGISTERED: 
 AMERICAN STOCK TRANSFER & TRUST COMPANY
 (NEW YORK, N.Y.)
 TRANSFER AGENT AND REGISTRAR
 	
                         
 	
                         
 
	 	 	 	 	 
	
                        BY
 	
                          
 	
                         
 	
                         
 	
                          
 
	
                        AUTHORIZED SIGNATURE
 	
                         
 	
                         
 	
                         
 
					

 

 

[REVERSE OF CERTIFICATE]

The following abbreviations, when used in the inscription on the face of this certificate, shall be construed as though they were written out in full according to applicable laws or regulations:

 

	
                        TEN COM - as tenants in common
 	 	
                        UNIF GIFT MIN ACT -_______Custodian______
 
	
                        TEN ENT - as tenants by the entireties
 	 	                                      (Cust)                    (Minor)

                        
	
                        JT TEN - as joint tenants with right of survivorship and not as tenants in common
 	 	
                        under Uniform Gifts to Minors Act____________
 
	
                         
 	
                                        (State)
 
						

Additional abbreviations may also be used though not in the above list.

For value received, ___________________________________hereby sell, assign and transfer unto

PLEASE INSERT SOCIAL SECURITY OR OTHER

IDENTIFYING NUMBER OF ASSIGNEE

____________________________________

______________________________________________________________________________________

Please print or typewrite name and address including zip code of assignee

______________________________________________________________________________________

______________________________________________________________________________________

______________________________________________________________________________________

Ordinary Shares represented by the within Certificate, and do hereby irrevocably constitute and appoint

______________________________________________________________________________________

______________________________________________________________________________________

Attorney to transfer the said Ordinary Shares on the books of the within-named Corporation with full power of substitution in the premises.

Dated,_____________________

NOTICE: The signature to this assignment must correspond with the name as written upon the face of the Certificate, in every particular, without alteration or enlargement, or any change whatever.

Signature(s) Guaranteed:

THE SIGNATURE(S) MUST BE GUARANTEED BY AN ELIGIBLE GUARANTOR INSTITUTION (BANKS, STOCKBROKERS, SAVINGS AND LOAN ASSOCIATIONS AND CREDIT UNIONS WITH MEMBERSHIP IN AN APPROVED SIGNATURE GUARANTEE MEDALLION PROGRAM), PURSUANT TO S.E.C. RULE 17Ad-15.

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00130-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00130-of-00352.parquet"}], [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00130-of-00352.parquet"}], [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00130-of-00352.parquet"}], [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00130-of-00352.parquet"}]]