On October 10, 2025, Datatronics Romoland, Inc. (“Customer”) and Datronix Holdings Limited together with its subsidiaries (“Group”) entered into a Master Supply Agreement. The Group is involved in manufacturing and selling electronic components, while the Customer specializes in manufacturing and trading high-performance magnetics for high-reliability product industries in the United States.
Under the Agreement, which takes effect on January 1, 2026, for a term of three years, the Group will supply magnetic components (“Products”) in accordance with jointly determined specifications (“Specifications”) and sales prices (“Sales Price(s)”). The payment schedule requires the Customer to settle each invoice within 30 days of delivery; overdue balances may incur interest charges. The Customer grants a right of first refusal to the Group for manufacturing or sourcing the relevant products, contingent on mutually agreed order details.
The Agreement provides for amendments to orders within the specified timeframe, includes force majeure provisions, and outlines procedures for defect notifications and product replacements. It can be terminated by three months’ written notice after the fixed term, or immediately under circumstances such as material breach or insolvency. Furthermore, it is governed by Hong Kong law, with the parties designating respective addresses and contacts for service of notices.
The Agreement is signed for and on behalf of Datatronics Romoland, Inc. by its Vice President & General Manager, and by a Director of Datronix Holdings Limited on behalf of the Group.