- 20 - The Definitive Agreements On or about November 22, 1983, CV and Sun executed the following three agreements (agreements): A purchase agreement (purchase agreement), pursuant to which Sun agreed, inter alia, to sell CV certain workstations on certain terms and conditions and CV agreed, inter alia, to abide by the terms and conditions in the event it purchased any workstations from Sun; an Agreement Relating to Investments by Computervision Corporation in Sun Microsystems, Inc. (investment agreement), which related, inter alia, to the warrants and the debenture to be issued by Sun to CV; and a joint development agreement (joint development agreement), which related, inter alia, to the joint development of certain computer products and provided for the $1 million loan referred to in the June 17, 1983, agreement. The division of the respective undertakings of CV and Sun into separate agreements had no particular significance, and the parties viewed the agreements as a single integrated agreement. Pursuant to the terms of the purchase agreement, as set forth in the exhibit entitled "Volume Pricing Terms", CV was allowed an "across the board" discount of 40 percent on all purchase orders for the first 6 months, and after that, a maximum volume discount of 40 percent off list price. The purchase agreement, which ran for a period of approximately 3 years, contained no reference to the warrants. It also provided thePage: Previous 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 Next
Last modified: May 25, 2011