Common use of Customer Cancellation Clause in Contracts

Customer Cancellation. Customer may not cancel the Order, Agreement, or any part of them without Microchip’s prior written consent, which will be granted if Customer pays Microchip the amounts as follows: (1) If the Goods are patterned (i.e., custom encoded) or other custom product (a) and cannot be easily re- encoded for another customer, then Customer must pay 100% of the purchase price of all finished Goods allocated to the Order and a pro rata portion of the purchase price of all work in process, which cannot be easily diverted to other orders, plus the cost of any materials committed for completion of the Order, but in no event will the amount Customer is obligated to pay exceed the purchase price of the Goods, Services, and Software had they been completed and delivered according to the Acknowledgment; or (b) and can be encoded with some potential loss of value, then Customer must pay 100% of the loss in value, Microchip’s cost for reprogramming, plus a 25% restocking charge. (2) If the Goods are unpatterned or other standard product, Customer must pay Microchip a percentage of the purchase price of the Goods, Services, and Software based upon the length of notice of cancellation given before the scheduled delivery, as follows: up to 45 days’ notice - 100% of the purchase price; 46-60 days’ notice - 75% of the purchase price; 61-90 days’ notice - 50% of the purchase price; more than 90 days’ notice - 25% of the purchase price.

Customer Cancellation. Customer may not cancel the Order, Agreement, or any part of them without Microchip’s prior written consent, which will be granted if Customer pays Microchip the amounts as follows: (1) If the Goods are patterned (i.e., custom encoded) or other custom product (a) and cannot be easily re- re-encoded for another customer, then Customer must pay 100% of the purchase price of all finished Goods allocated to the Order and a pro rata portion of the purchase price of all work in process, which cannot be easily diverted to other orders, plus the cost of any materials committed for completion of the Order, but in no event will the amount Customer is obligated to pay exceed the purchase price of the Goods, Services, Goods and Software Services had they been completed and delivered according to the Acknowledgment; or (b) and can be encoded with some potential loss of value, then Customer must pay 100% of the loss in value, Microchip’s cost for reprogramming, plus a 25% restocking charge. (2) If the Goods are unpatterned or other standard product, Customer must pay Microchip a percentage of the purchase price of the Goods, Services, Goods and Software Services based upon the length of notice of cancellation given before the scheduled delivery, as follows: up to 45 days’ 30 days notice - 100% of the purchase price; 4631-60 days’ days notice - 75% of the purchase price; 61-90 days’ days notice - 50% of the purchase price; more than 90 days’ days notice - 25% of the purchase price.

Customer Cancellation. Customer may not cancel the Order, Agreement, or any part of them without Microchip’s prior written consent, which will be granted if Customer pays Microchip the amounts as follows: (1) If the Goods are patterned (i.e., custom encoded) or other custom product (a) and cannot be easily re- encoded for another customer, then Customer must pay 100% of the purchase price of all finished Goods allocated to the Order and a pro rata portion of the purchase price of all work in process, which cannot be easily diverted to other orders, plus the cost of any materials committed for completion of the Order, but in no event will the amount Customer is obligated to pay exceed the purchase price of the Goods, Services, and Software had they been completed and delivered according to the Acknowledgment; or (b) and can be encoded with some potential loss of value, then Customer must pay 100% of the loss in value, Microchip’s cost for reprogramming, plus a 25% restocking charge. (2) If the Goods are unpatterned or other standard product, Customer must pay Microchip a percentage of the purchase price of the Goods, Services, and Software based upon the length of notice of cancellation given before the scheduled delivery, as follows: up to 45 90 days’ notice - 100% of the purchase price; 46-60 days’ notice - 75% of the purchase price; 61-90 days’ notice - 50% of the purchase price; more than 90 days’ notice - 25% of the purchase price.

Customer Cancellation. Customer may not cancel the Order, Agreement, or any part of them without Microchip’s prior written consent, which will be granted if Customer pays Microchip the amounts as follows: (1) If the Goods are patterned (i.e., custom encoded) or other custom product (a) and cannot be easily re- re-encoded for another customer, then Customer must pay 100% of the purchase price of all finished Goods allocated to the Order and a pro rata portion of the purchase price of all work in process, which cannot be easily diverted to other orders, plus the cost of any materials committed for completion of the Order, but in no event will the amount Customer is obligated to pay exceed the purchase price of the Goods, Services, Goods and Software Services had they been completed and delivered according to the Acknowledgment; or (b) and can be encoded with some potential loss of value, then Customer must pay 100% of the loss in value, Microchip’s cost for reprogramming, plus a 25% restocking charge. (2) If the Goods are unpatterned or other standard product, Customer must pay Microchip a percentage of the purchase price of the Goods, Services, Goods and Software Services based upon the length of notice of cancellation given before the scheduled delivery, as follows: up to 45 days’ days notice - 100% of the purchase price; 46-60 days’ days notice - 75% of the purchase price; 61-90 days’ days notice - 50% of the purchase price; more than 90 days’ days notice - 25% of the purchase price.

Customer Cancellation. Customer may not cancel the Order, Agreement, or any part of them without Microchip’s prior written consent, which will whichwill be granted if Customer pays Microchip the amounts as follows: (1) If the Goods are patterned (i.e., custom encoded) or other custom product (a) and cannot be easily re- encoded for another customer, then Customer must pay 100% of the purchase price of all finished Goods allocated to allocatedto the Order and a pro rata portion of the purchase price of all work in process, which cannot be easily diverted to other orders, plus the cost of any materials committed for completion of completionof the Order, but in no event will the amount Customer is obligated to obligatedto pay exceed the purchase price of the Goods, Services, and Software had they been completed beencompleted and delivered according deliveredaccording to the Acknowledgment; or (b) and can be canbe encoded with some potential loss of value, then Customer must pay 100% of the loss in value, Microchip’s cost for reprogramming, plus a 25% restocking charge. (2) If the Goods are unpatterned or other standard product, Customer must pay Microchip a percentage of the purchase price of the Goods, Services, and Software based upon the length of notice of cancellation given before cancellationgivenbefore the scheduled delivery, as follows: up to 45 90 days’ notice - 100% of the purchase price; 46-60 days’ notice - 75% of the purchase price; 61-90 days’ notice - 50% of the purchase price; more than 90 days’ notice - 25% of the purchase price.