Common use of Estimation Clause in Contracts

Estimation. ASML will update every year of the funding period and communicate before the end of each year, the updated estimate covering until the end of the funding period and an explanation of the changes. ASML’s preliminary estimate is as follows in Schedule 1 below. ASML agrees to fund the EUV portion of the Project Expenditures in accordance with the annual amounts set out below in Schedule 1. Project EUV EUV High NA *** *** *** *** *** *** EUV Source *** *** *** *** *** *** EUV 300mm *** *** *** *** *** *** EUV 450mm *** *** *** *** *** *** Totals (EUV 300mm, 450mm, EUV High) *** *** *** *** *** *** NRE Suppliers *** *** *** *** *** *** Total EUV incl. NRE Suppliers *** *** *** *** *** *** Agreed Funding *** *** *** *** *** *** Resulting % yearly spread *** *** *** *** *** *** Resulting estimated Yearly Funding *** *** *** *** *** *** The Parties acknowledge that the numbers in the table in Schedule 1 are illustrative and that Funding Partner agreed to a total of €276,000,000 as set out in article 2.1 of this Agreement. Within 3 months of signature of the Agreement, ASML and the Funding Partner will agree on a final update of this estimate, which will serve as the “Original Estimate”. ASML will fund at least €*** split as follows €*** for EUV High NA, €*** for EUV source, €*** for EUV 300mm *** - indicates material omitted pursuant to a confidential treatment request and filed separately with the Securities and Exchange Commission. and *** for EUV 450mm, and such amounts are not *** or *** in any way, including upon the terms of any other agreement entered into by the Parties, including any agreements entered into contemporaneously with this Agreement. Concurrently with the confirmation of the Original Estimate, and within 3 months of signature of the Agreement, ASML and the Funding Partner will agree on a set of action milestones, leading to a set of delivery milestones, enabled by the funding estimate. These milestones will constitute the “Original Milestone Plan”. The EUV project will be solely monitored through funding milestones through 20*** and EUV milestones will be mutually agreed and amended to the Milestone Plan by December 31, 20*** such that the EUV program will be monitored through delivery milestones beginning January 1, 20***. The Project Expenditure estimate and the Milestone Plan will be updated yearly in good faith through mutual discussions with Funding Partner. Annual estimates for ASML’s Project Expenditures in each calendar year for EUV High NA, EUV source, and EUV 300mm in the Original Estimate may be adjusted +/-***% from the Original Estimate, and beyond ***% will require mutual agreement between ASML and Funding Partner.

Estimation. ASML will update every year of the funding period and communicate before the end of each year, the updated estimate covering until the end of the funding period and an explanation of the changes. ASML’s preliminary estimate is as follows in Schedule 1 below. ASML agrees to fund the EUV 450mm portion of the Project Expenditures in accordance with the annual amounts set out below in Schedule 1. Project EUV EUV High NA 450 MM 450 Immersion *** *** *** *** *** *** EUV Source *** *** *** *** *** *** EUV 300mm *** *** *** *** *** *** EUV 450mm *** *** *** *** *** *** Totals (EUV 300mm, 450mm, EUV High) *** *** *** *** *** *** NRE Suppliers 450 Dry *** *** *** *** *** *** Total EUV incl. NRE Suppliers 450mm (non-EUV) *** *** *** *** *** *** Agreed Funding *** *** *** *** *** *** Resulting % yearly spread *** *** *** *** *** *** Resulting estimated Yearly Funding *** *** *** *** *** *** The Parties acknowledge that the numbers in the table in Schedule 1 are illustrative and that Funding Partner agreed to a total of €276,000,000 553,000,000 as set out in article 2.1 of this Agreement. Within 3 months of signature of the Agreement, ASML and the Funding Partner will agree on a final update of this estimate, which will serve as the “Original Estimate”. ASML will fund at least €*** split as follows €*** for EUV High NA, 450 mm Immersion and €*** for EUV source, €*** for EUV 300450mm *** - indicates material omitted pursuant to a confidential treatment request and filed separately with the Securities and Exchange Commission. and *** for EUV 450mm, Dry and such amounts are not *** or *** in any way, including upon the terms of any other agreement entered *** - indicates material omitted pursuant to a confidential treatment request and filed separately with the Securities and Exchange Commission. into by the Parties, including any agreements entered into contemporaneously with this Agreement. Concurrently with the confirmation of the Original Estimate, and within 3 months of signature of the Agreement, ASML and the Funding Partner will agree on a set of action milestones, leading to a set of delivery milestones, enabled by the funding estimate. These milestones will constitute the “Original Milestone Plan”. The EUV project Original Milestone Plan will be solely monitored through funding milestones through 20*** and EUV milestones will be mutually agreed and amended limited to the Milestone Plan by December 31, 20*** such that the EUV program will be monitored through delivery milestones beginning January 1, 20***450 mm project. The Project Expenditure estimate and the Milestone Plan will be updated yearly in good faith through mutual discussions with Funding Partner. Annual estimates for ASML’s Project Expenditures in each calendar year for EUV High NA450mm Immersion, EUV source450mm Dry, and EUV 300450mm in the Original Estimate may be adjusted +/-***% from the Original Estimate, and beyond ***% will require mutual agreement between ASML and Funding Partner.