Fill and Sign the I Tfm Part 2 Chapter 3200 Foreign Currency Accounting Form

6.15 Form: Exchange Rate Addendum Addendum [___] to Requirements Agreement Exchange Rates1. Invoice Currency. With respect to purchases made pursuant to that certain [Requirements Agreement], dated as of [___] by and between Vendor and Buyer (the "Agreement"), Vendor will invoice Buyer in the currency required under the terms of the Agreement, and will remain fixed in that currency unless the parties otherwise mutually agree in writing. 2. Other Currencies. For ongoing transactions between the parties invoiced in currencies other than those currencies identified in Section [___] of the Agreement, pricing will be reset each calendar quarter. 3. Forecasts. 3.1. On or before the third Monday of each calendar month, Buyer will provide Vendor with rolling, four-month rolling forecast of monthly purchase for each Vendor site, as required under Section [___] of the Agreement. 3.2. For the purpose of establishing invoice prices, exchange rates will be derived as specified in Section 5 below on the second-to-last Thursday of March, June, September and December. 3.3. If Buyer has not delivered the information required under Section 3.1 above, Vendor shall be entitled to assume that purchase volumes will be the same as last forecasted by Buyer. 3.4. Vendor will promptly notify in writing Buyer's outsourcing manager or relationship manager if Buyer fails to comply with Section 3.1 above. 4. Pricing. At least once each calendar quarter, Vendor and Buyer will meet to establish pricing for the next calendar quarter. Pricing will be established according to the following principles: 4.1. Bills of material components and value-add, which may originate in various currencies, will be recalculated into currencies as required under Sections 1 and 2 above the invoicing currency at the exchange rates derived as specified in Section 5 below. 4.2. The parties agree that foreign currency gains and losses realized by the parties in any calendar quarter will not be reconciled or reimbursed by one party to the other unless such gains or losses exceed [___].0% of aggregate invoices in such calendar quarter. 5. Exchange Rate Calculation. 5.1. All references to "month" in this section shall be read as "calendar month." 5.2. The following details how certain currencies will be established: 5.2.1. Euro Based Currencies. The Euro outright forward contract rates are calculated as follows (i) spot rate against Euro as defined by the European Central Bank (www.ecb.int) as at the second-to-last Thursday of the month; plus (ii) the average forward points for two months as calculated by the difference between forward minus spot rate from the table "Euro Spot Forward Against the Euro" published by the Financial Times ("FT") on the second-to-last Thursday of the month for the closing values of the second-to-last Wednesday of the month of WM/Reuters. The average rate is determined from the one- month and three-month forward rates divided by two, based on the FT.5.2.2. United States Dollar-Based Currencies. Rates against the United States Dollar are calculated as follows (i) spot rate against United States Dollar calculated through cross rate based on the rate as defined by the European Central Bank (www.ecb.int) as at the second-to-last Thursday of the month; plus (ii) the average forward points for two months as calculated by the difference between forward minus spot rate from the table "Dollar Spot Forward Against the Dollar" published by the FT on the second-to-last Thursday of the month for the closing values of the second-to-last Wednesday of the month of WM/Reuters. The average rate is determined from the one-month and three-month forward rates divided by two, based on the FT. 5.2.3. Indian Rupee. Rates for Indian Rupees are calculated as follows (i) spot rate against United States Dollar or Euro as defined by the Reserve Bank of India (www.rbi.org.in) as at the second-to-last Thursday of the month; plus (ii) average forward points for two months as calculated by the difference between forward minus spot rate from the table "Dollar Spot Forward Against the Dollar" or "Euro Spot Forward Against the Euro", respectively (as applicable), published by the FT on the second-to-last Thursday of the month for the closing values of the second-to-last Wednesday of the month of WM/Reuters. The average rate is determined from the one-month and three-month forward rates divided by two, based on the FT. 5.2.4. Brazilian Real. The Brazilian Real is an exception. The forward rates will be as published on the second-to-last Thursday of the month by Bolsa de Mercadorias e Futuros ("BMF") (www.bmf.com.br) for the referential rates of exchange of Brazilian Real against United States Dollar as at the second-to-last Wednesday of the month. The average rate is determined from the one-month, two-month and three-month forward rates divided by three, based on the BMF rates. The spot for Brazilian Real, if necessary, will be calculated as the average between bid and offer rates as published by the Central Bank of Brazil (www.bcb.gov.br) for the closing rate for the exchange of Brazilian Real against United States Dollar as at the second-to-last Wednesday of the month. 5.2.5. Mexican Peso. The spot rate for Mexican Peso, if necessary, will be established as the Auction Exchange Rate as published by the Bank of Mexico (www.banxico.org.mx) for the Average closing rate for the exchange of Mexican Peso against the United States Dollar as at the second-to- last Wednesday of the month; plus (ii) average forward points for two months as calculated by the difference between forward minus spot rate from the table "Dollar Spot Forward Against the Dollar" or "Euro Spot Forward Against the Euro", respectively (as applicable), published by the FT on the second-to-last Thursday of the month for the closing values of the second-to-last Wednesday of the month of WM/Reuters. The average rate is determined from the one-month and three-month forward rates divided by two, based on the FT. 5.2.6. Malaysian Ringgit. Rates for Malaysian Ringgits are calculated as follows (i) spot rate against United States Dollar or Euro as the Latest Published Rate at 1600 HR published by the Bank of Negara Malaysia (www.bnm.gov.my) as at the second-to-last Thursday of the month plus (ii) average forward points for two (2) months as calculated by the difference between forward minus spot rate from the table "Dollar Spot Forward Against the Dollar" published by the FT on the second-to-last Thursday of the month for the closing values of the second-to-last Wednesday of the month of WM/Reuters. The average rate is determined from the one-month and three-month forward rates divided by two, based on the FT. The Euro forward points will be calculated from the cross rates of United States Dollar and Euro forward rates.5.2.7. Chinese Renminbi. Rates for the Chinese Renminbi will be determined via a mutually agreeable process until publicly available Web sites are able to provide both the spot and forward rates as applicable. 5.2.8. Other Currencies. For other currencies not defined above, a mutually agreed process of establishing such rates will be defined.