EVALUATION, QUALIFICATION, RISK AND PRICING Clause Samples

EVALUATION, QUALIFICATION, RISK AND PRICING. 1.1 Initial Pricing Terms. The initial prices for the [*], the [*] and the new [*] design shall be as set forth below: 1.1.1 [*] Initial Pricing. Initial pricing for the [*] shall be [*] per wafer. 1.1.2 [*] Initial Pricing. Initial pricing for the [*] shall be (i) [*] per sorted die (or [*] per die if sorted at SEEQ) for all die invoiced prior to December 31, 1995, and (ii) [*] per sorted die (or [*] per die if sorted at SEEQ) for all die invoiced after January 1, 1996. 1.1.3 [*] Initial Pricing. Initial pricing for SEEQ's new [*] design shall be based on actual sort yields, when available, and negotiated against an effective wafer price target of [*] per wafer.