Opinion ID: 199400
Heading Depth: 2
Heading Rank: 1

Heading: The Agreement Between Micrion and Read-Rite

Text: 4 Micrion designs and manufacturers focused-ion-beam (FIB) systems. Prior to 1996, Micrion typically sold FIB systems in small batches of one to two machines per customer. In early 1996, Micrion negotiated a large-scale sale of FIB systems to Read-Rite Corporation (Read-Rite). Under the terms of an Equipment Purchase Agreement dated February 9, 1996 (the Agreement), 2 Read-Rite ordered twenty-five FIB systems to be delivered between March 31 and September 30, 1996. Micrion also agreed to sell up to fifty additional units upon the issuance of written releases from Read-Rite. 3 Read-Rite retained the ability to cancel in whole or part any purchase order with written notice. Moreover, Read-Rite was in no way obligated to purchase any units for which it had not issued a written release. 5