Masimo Payment. If Masimo does not meet an integration commitment specified in Exhibit A, Masimo shall return to Philips by March 1, 2020 a portion of the initial $300 million (originally paid by Philips to Masimo) equal to the corresponding amount for the […***…]: (1) $9 million for missing an […***…] customized SET board milestone and (2) $3 million for each of the other […***…] “product range” categories, each as specified in Exhibit A, totaling no more than $30 million.
Appears in 1 contract
Sources: Settlement Agreement (Masimo Corp)
Masimo Payment. If Masimo does not meet an integration commitment specified in Exhibit A, Masimo shall return to Philips by March 1, 2020 a portion of the initial $300 million (originally paid by Philips to Masimo) equal to the corresponding amount for the […...***…...]:
(1a) $9 million for missing an […...***…...] customized SET board milestone and
(2) $3 million for each of the other […***…] “product range” categories, each as specified in Exhibit A, totaling no more than $30 million.
Appears in 1 contract
Sources: Settlement Agreement
Masimo Payment. If Masimo does not meet an integration commitment specified in Exhibit A, Masimo shall return to Philips by March 1, 2020 a portion of the initial $300 million (originally paid by Philips to Masimo) equal to the corresponding amount for the […...***…...]:
(1a) $9 million for missing an […...***…...] customized SET board milestone and
(2and b) $3 million for each of the other […...***…...] “product range” categories, each as specified in Exhibit A, totaling no more than $30 million.
Appears in 1 contract
Sources: Settlement Agreement (Masimo Corp)