Common use of CONTRACTING PROCESS Clause in Contracts

CONTRACTING PROCESS. To the Knowledge of the Company, the China JV has not, with respect to Contracts with any of its customers (i) deviated from the model license terms as provided to it pursuant to the ARM IP License Agreement between the Company and the China JV dated April 24, 2018 (“JV IPLA”) except to the extent such deviations constitute Permitted Deviations or Licensing Exceptions (each, as defined in the JV IPLA); or (ii) deviated from the Company’s standard price book in a way which (A) materially reduces (or has reduced) the historical revenue received by the China JV or the Company from such customer, or (B) grants (or has granted) any “most favored party” rights.

CONTRACTING PROCESS. To the Knowledge of the Company, the China JV has not, with respect to Contracts with any of its customers customers (i) deviated from the model license terms as provided to it pursuant to the ARM IP License Agreement between the Company and the China JV dated April 24, 2018 (“JV IPLA”) except to the extent such deviations constitute Permitted Deviations or Licensing Exceptions (each, as defined in the JV IPLA); or (ii) deviated from the Company’s standard price book in a way which (A) materially reduces (or has reduced) the historical revenue received by the China JV or the Company from such customer, or (B) grants (or has granted) any “most favored party” rights.