Opinion ID: 222928
Heading Depth: 2
Heading Rank: 3

Heading: Email With Target Completion Dates

Text: On May 25, 2002, Chitlangia sent Ichida an email regarding the “OEM Proposal” that listed seven general tasks with ballpark dates for their completion: 1. We would need a written acceptance of our proposal by you. It can be done either by you signing our proposal sent to you and returning it to us or by you sending us a letter stating your acceptance. - End of May 2. Upon receipt of the above, we will contract with the design firm for the purpose of creating few (between 3 and 6) designs. We will forward these to you for your review. - Mid June 3. With your input, we will select one of the above as a final design. - - 3rd week of June 4. The next step will be to create a schematic of the entire machine, detailing the position of the components inside the machine. - - 1st week of July 5. Upon approval of that from you, we will then proceed to make prototype parts and then two(2) prototypes. One will be retained at our factory to run tests and collect data and the second will be shipped to you for your engineers to run tests and collect data. - - End of July 6. This way we can compare the results and make changes as required. - - 1st week of August 7. After all the changes are made then we will build one more prototype and collect data which then can be submitted to MOH of [sic] approval. - - End of August Chitlangia’s email stated, “Assuming that everything proceeds without any major 6 glitches, we will then be ready to order tooling in September.” With regard to payment, Chitlangia’s email added that to proceed, Nidek would need some upfront payment: 1. A retainer fee of $20,000 which will be adjusted at the completion of the project. 2. A payment of $33,000, which represents 50% of the amount stated in our proposal for Phases I and II. 3. A payment of $33,000 which will represent the balance of the amount stated in our proposal for Phases I and II. NOTE: ALL OUT OF POCKET EXPENSES WILL BE BILLED TO YOU AT THE END OF EACH MONTH. YOU WILL BE ADVICED [SIC] AND YOUR PERMISSION WILL BE REQUESTED PRIOR TO MAKING ANY MAJOR EXPENSES - IN SOME CASES THE ESTIMATED AMOUNT WILL BE GIVEN WITH A DEFINITE ‘NOT TO EXCEED’ LIMITS. Ichida signed the email. From May 2002 to September 2002, Nihon Rufuto paid Nidek $129,350 for Nidek’s work on the oxygen concentrator.2