AMENDMENT NO. 26 TO THE SYNC GENERATION 2 ON-BOARD NAVIGATION AGREEMENT BETWEEN FORD MOTOR COMPANY AND TELENAV, INC.
Exhibit 10.26.26+
AMENDMENT NO. 26
TO THE
BETWEEN
FORD MOTOR COMPANY AND TELENAV, INC.
THIS AMENDMENT NO. 26 (“Amendment”), effective as of July 1, 2018 (“Amendment Effective Date”) supplements and amends the terms of the SYNC Generation 2 On-Board Navigation Agreement, dated October 12, 2009 (“Agreement”), by and between Ford Motor Company (“Buyer” or “Ford”), a Delaware corporation with its principal office at ▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇, ▇▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇ ▇▇▇▇▇, on behalf of itself and the Ford Related Companies, and Telenav, Inc. (“Supplier” or “Telenav”), a Delaware corporation with its principal office at ▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇, ▇▇▇▇▇ ▇▇▇, ▇▇▇▇▇ ▇▇▇▇▇, ▇▇ ▇▇▇▇▇, on behalf of itself and the Telenav Related Companies. Capitalized terms not otherwise defined shall have the meanings ascribed to them in the Agreement.
WHEREAS, the parties desire to amend pricing related to [*****].
NOW, THEREFORE, in consideration of the mutual promises and covenants contained in this Amendment, the parties agree as follows:
1. Pricing
In Attachment V, Section 3, delete the tables titled [*****] and [*****] in its entirety and replace with the following:
[*****]
CY | [*****] | [*****] | |
Dates | [*****] | [*****] | [*****] |
[*****] | [*****] | [*****] | [*****] |
[*****] | [*****] | [*****]* | [*****]* |
[*****] | [*****] | [*****] | [*****] |
Total | [*****] | [*****] | [*****] |
[*****]
CY | [*****] | [*****] | |
Dates | [*****] | [*****] | [*****] |
[*****] | [*****] | [*****] | [*****] |
[*****] | [*****] | [*****]* | [*****]* |
[*****] | [*****] | [*****] | [*****] |
Total | [*****] | [*****] | [*****] |
[*****] Certain portions denoted with an asterisk have been omitted and filed separately with the Securities and Exchange Commission. Confidential treatment has been requested with respect to the omitted portions.
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Exhibit 10.26.26+
* Conditions:
• | Subject to separate agreement which may be agreed in writing between Telenav and Ford to provide [*****], the parties may agree to further reduce the pricing for [*****] to [*****] prospectively. |
Except as modified and amended by this Amendment, the terms of the Agreement are ratified and confirmed by the parties hereto. This Amendment is incorporated into and made a part of the Agreement by the parties.
IN WITNESS WHEREOF, the parties have executed this Amendment by their authorized representatives as of the Amendment Effective Date.
FORD MOTOR COMPANY By: /s/ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ (Signature) Name: ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ (Printed Name) Title: SYNC Software Buyer Date: 9/20/2018 | By: /s/ ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇ (Signature) Name: ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇ (Printed Name) Title: Chief Financial Officer Date: |
[*****] Certain portions denoted with an asterisk have been omitted and filed separately with the Securities and Exchange Commission. Confidential treatment has been requested with respect to the omitted portions.
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