Engineering Costs. Upon, completion of milestones per the schedule below, EZchip shall pay to Marvell the sums specified in the schedule below, up to a total of [*] in non-recurring engineering fees (the “NRE Fee”). Marvell will bear all other costs related to bringing of NP4-C and NP4-G to production. The payment schedule for the NRE Fee shall be as follows: [*] Marvell and EZChip will each invest the appropriate resources to meet their respective development milestones and deliverables with respect to the NP4-C. Except for the NRE fees set forth above in this Section, the engineering costs and license fees incurred by each party will be borne by each respective party. All Marvell non recurring engineering costs incurred for modifications to NP4-G beyond the agreed upon Specifications must be agreed to in writing by EZchip and Marvell and will be paid by EZ Chip to Marvell. * This portion of the Exhibit has been omitted pursuant to a Request for Confidential Treatment under Rule 24b-2 of the Securities Exchange Act of 1934. The complete Exhibit, including the portions for which confidential treatment has been requested, has been filed separately with the Securities and Exchange Commission.
Appears in 2 contracts
Sources: Technology Development, License and Manufacturing Agreement (Ezchip Semiconductor LTD), Technology Development, License and Manufacturing Agreement (Ezchip Semiconductor LTD)
Engineering Costs. Upon, Upon completion of milestones per the schedule below, EZchip shall pay to Marvell the sums specified in the schedule below, up to a total of [*]Dollars [*] in non-recurring engineering fees (the “NRE Fee”). Marvell will bear all other costs related to bringing of NP4NP5-C and NP4NP5-G to production. The payment schedule for the NRE Fee shall be as follows: [*] Marvell and EZChip will each invest the appropriate resources to meet their respective development milestones and deliverables with respect to the NP4NP5-C. Except for the NRE fees set forth above in this Section, the engineering costs and license fees incurred by each party will be borne by each respective party. All Marvell non recurring engineering costs incurred for modifications to NP4NP5-G beyond the agreed upon Specifications must be agreed to in writing by EZchip and Marvell and will be paid by EZ Chip to Marvell. * This portion of the Exhibit has been omitted pursuant to a Request for Confidential Treatment under Rule 24b-2 of the Securities Exchange Act of 1934. The complete Exhibitdocument, including the portions for which confidential treatment has been requested, has been filed separately with the Securities and Exchange Commission.
Appears in 1 contract
Sources: Technology Development, License and Manufacturing Agreement (Ezchip Semiconductor LTD)