---
schema_version: "secwatch.filing_event.v1"
accession: "0001376474-23-000366"
form_type: "8-K/A"
ticker: "NVEC"
cik: "0000724910"
company_name: "NVE CORP /NEW/"
filed_at: "2023-07-19T23:59:59+00:00"
generated_at: "2026-06-13T06:41:38.118839+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "low"
source: SEC EDGAR
---

# NVE Corp amends 2015 supply agreement with Sonova AG on pricing, payment terms, lead time

## Summary
- Second Amendment to 2015 Supply Agreement with Sonova AG effective July 17, 2023.
- Amendment modifies pricing table in Appendix B, payment terms in Section 10.4, and standard lead time; specific figures redacted.
- Payment conditions changed to ** after invoice; Sonova may withhold payment for quality breaches per amended Section 10.4.
- Standard Product lead time changed to ** from receipt of order.
- All other terms of 2015 Supply Agreement and First Amendment remain in full force and effect.

## SEC filing metadata
- accession: 0001376474-23-000366
- form_type: 8-K/A
- ticker: NVEC
- cik: 0000724910
- company_name: NVE CORP /NEW/
- filed_at: 2023-07-19T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: low
- sec_items: 1.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/724910/000137647423000366/0001376474-23-000366-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/724910/000137647423000366/nvec-20090501.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001376474-23-000366
- JSON: https://secwatch.observer/filing/0001376474-23-000366.json
- Plain text: https://secwatch.observer/filing/0001376474-23-000366.txt

## Key facts
- Material Agreements
  NVE CORP /NEW/ amended Second Amendment to the Supply Agreement with Sonova AG (effective 2023-07-17).
  - Action: amendment
  - Agreement: supply
  - Counterparty: Sonova AG
  - Effective: 2023-07-17
  source text: Effective July 17, 2023 we executed a Second Amendment to the 2015 Supply Agreement, which amends pricing, payment terms, and lead time provisions.
  evidence_url: https://www.sec.gov/Archives/edgar/data/724910/000137647423000366/0001376474-23-000366-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.