DarkPulse enters manufacturing services agreement with Sanmina for one-year initial term

DarkPulse, Inc.

Agreement effective March 29, 2023; initial term of one year, auto-renewing year-to-year unless terminated with 30 days' notice.
Pricing fixed for term but subject to quarterly review for changes in labor, component costs, exchange rates, or volume variances.
DarkPulse must provide 90-day firm orders and 9-month rolling forecast; liable for all components ordered in support.
Sanmina warrants products free from defects for one year from manufacture; DarkPulse grants security interest in delivered products until paid.
Agreement includes provisions for excess/obsolete inventory, rescheduling limits, and component liability.

item 1.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

DarkPulse, Inc. entered into Manufacturing Services Agreement with Sanmina Corporation (effective 2023-03-29).

Action: entry
Agreement: supply
Counterparty: Sanmina Corporation
Effective: 2023-03-29

Exact text from the filing

On March 29, 2023, DarkPulse, Inc., a Delaware corporation (the “ Company ”), entered into a Manufacturing Services Agreement (the “ Agreement ”) with Sanmina Corporation, a Delaware corporation (“ Sanmina ”).

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DarkPulse, Inc. filing history →

Source: SEC EDGAR

accession 0001683168-23-001923

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