Common use of Non-recurring Expenses Clause in Contracts

Non-recurring Expenses. Circuit License and Support Fee. Buyer shall pay a one-time lump sum integration license fee (the “Payment”) to SiTime in the amount of $200,000; provided, that SiTime shall deliver to Buyer the following deliverables by March 22, 2019: a) Top level database (item 1 in Exhibit E) b) Bandgap and level shifter high temp fix schematic (items 2 and 3 in Exhibit E) c) MHz PLL database (item 4 In Exhibit E) The Payment is nonrefundable and shall be due within thirty (30) days of Buyer’s receipt of Seller’s invoice; provided, that Seller shall place an invoice therefore by March 29, 2019 JST. The support provided to Buyer by Seller under this Agreement will be for Buyer’s test chip development as described in the scope of work in Exhibit D. Support outside the scope of this agreement will be invoiced by Seller to Buyer at a rate of $1,500 per man-day plus expenses; provided, that the total amount Buyer needs to pay for such support must be mutually confirmed before such invoicing by and between Buyer and Seller.