Siam Pacific Electric Wire and Cable Company Limited ,as the approved supplier of ZTE, provides above mentioned products or service to ZTE. guarantees that it will not sign any kind of exclusive agreement or documents which will hinder or exclude its existing or further cooperation with ZTE.
Siam Pacific Electric Wire and Cable Company Limited agrees to comply with the above promise. In the event that is ascertained to have breached the Commitment herein, at ZTE’s reasonable discretion, Siam Pacific Electric Wire and Cable Company Limited will pay ZTE a penalty of 10,000,000 USD which may be partially deducted from any amounts due to approval by ZTE.
This Commitment will be effective when it is signed or sealed by the representative of Supplier. This Commitment will be effective all the time, and be terminated upon ZTE’s approval.