Opinion ID: 779119
Heading Depth: 3
Heading Rank: 4

Heading: Supply Agreement

Text: 17 Michels testified that he and Mark Goodman, an ADR consultant, began interviewing ARS employees and reviewing records on March 9, 1998. During this time, ADR drafted a Supply Agreement; the Supply Agreement contained: 18

19 ADR has been retained by ARS to provide purchasing consulting services from March 1, 1998 to March 31, 1999. ADR has produced a proposal detailing the scope, objectives and deliverables from the project. ADR will use its best endeavors to complete the assignment in the proposed timescale. 20
3. Confidentiality 21 The parties hereto and respective employees and directors of each shall maintain the confidentiality of information provided to the other pursuant to the terms of the confidentiality agreement between ARS and ADR (attached), the terms and conditions of which are hereby incorporated by reference. 22
6. Fees and Expenses 23 .... 24 Retainer: ARS will pay a monthly retainer to ADR of $16,600 for the period of March1, 1998, through March 31, 1999. In addition, ARS will pay ADR a 3% performance bonus on all savings achieved during the 12 months of this contract. This performance bonus is payable in two payments as cost savings are agreed. Payment 1 is due November 30, 1998, and Payment 2 is due May 30, 1999: Payment 2 is based on savings realized to date, less the amount of Payment 1. 25
8. Miscellaneous Clauses 26 .... 27 8.3 This agreement constitutes the entire agreement with respect to the subject matter hereof and shall not be amended orally, but only by an agreement in writing signed by both parties that states that it is an amendment to this agreement. 28 J.A. at 444, 446. Although paragraph one provided that the contract was effective from March 1, 1998 to March 31, 1999, the document was signed and dated March 16, 1998.