Common use of Supplementary Provision Clause in Contracts

Supplementary Provision. 1. The previous master agreement on production and supply of Completed Goods signed between Sharp and Hyundai shall have lose its effects after the Agreement come into effect. However, ancillary contracts and memorandum that were signed between Sharp and Hyundai shall remain effective unless otherwise they are in conflict with the Agreement. 2. The Agreement shall be applicable to Individual Agreements that were signed between Sharp and Hyundai before the Agreement comes into effect.

Appears in 2 contracts

Sources: Master Service Agreement (Magnachip Semiconductor LLC), Master Service Agreement (Magnachip Semiconductor LLC)