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EXHIBIT 10(b)
It is intent of the parties to strengthen
the business relationship through a
long-term Supply Agreement. The following
activities are being documented to
facilitate the implementation of the
economic benefits to International Truck
and Engine Corp., and confirm the
commitment to award business to Core Molding
Technologies.
The following year-over-year piece price
reductions will apply to all parts on
contracts AC170A, AC171C, AC168A, and
AC169C (or as they may be hereafter
modified) with the exception of "service
only" parts. These reductions are to be
funded by process improvements,
manufacturing efficiencies, quality
improvements, scrap reduction, waste
elimination, and effective Tier II
management. International agrees to review
cost transparencies on the QSP90
hood, fender extensions, and splash panels
(9 parts) to determine disposition.
11/1/2002
11/1/2003
11/1/2004
11/1/2005
1%
1.50%
1.50%
1.50%
The following business will be awarded to
Core Molding Technologies/Core
Composites Corporation:
Hand Spray Up Package
Pricing accepted as quoted; parts that have
not been formally quot
