Common use of PILOT PRODUCTION Clause in Contracts

PILOT PRODUCTION. 5.1.1 For the PILOT PRODUCTION, PI shall, if PI desires to, place a PO with SUPPLIER for a minimum of [*] WAFER starts (one (1) pilot lot) or multiples thereof per each PRODUCT. 5.1.2 The output of the PILOT PRODUCTION will be shipped to PI if the WAFERS output is at least [*]%) of the ordered quantity. If the WAFERS output is less than [*]%) of the ordered quantity, SUPPLIER will inform PI of the output quantity of the WAFERS, and if PI requires to have the shortage covered, SUPPLIER will re-input the WAFERS to cover the shortage of quantity at no additional cost to PI.

Appears in 1 contract

Sources: Wafer Supply Agreement (Power Integrations Inc)

PILOT PRODUCTION. 5.1.1 For the PILOT PRODUCTION, PI shall, if PI desires to, place a PO an order with SUPPLIER for a minimum of [***] ([***]) WAFER starts (one [***] (1[***]) pilot lot) or multiples thereof per each PRODUCT. 5.1.2 The output of the PILOT PRODUCTION will be shipped to PI if the WAFERS output is at least [***] percent ([***]%) of the ordered quantity. If the WAFERS output is less than [***] percent ([***]%) of the ordered quantity, SUPPLIER will inform PI of the output quantity of the WAFERS, and if PI requires to have the shortage covered, SUPPLIER will re-input the WAFERS to cover the shortage of quantity at no additional cost to PI.

Appears in 1 contract

Sources: Wafer Supply Agreement (Power Integrations Inc)