Common use of Project Milestones and Deliverables Clause in Contracts

Project Milestones and Deliverables. The project milestones are defined below. Prior to completion of work, Intel shall review and either accept or request reasonable changes to the deliverables. Impinj shall make reasonable efforts to accompdate Intel’s requested changes. Milestone Date Deliverables Acceptance Criteria Payment Upon Completion of Milestone 1 Finalize PRD 10/15/09 PRD which is attached as Appendix A hereto Mutual agreement on functional and technical specifications 2 PO from Intel On or before 12/31/09 $ * ** 3 Support of *** Qualification by Third Party Help Third Party Pass Intel *** qualification tests (test description and acceptance criteria not part of this document) 4 *** 6/9/10 *** *** $ * ** 5 *** 8/30/10 *** *** *** Indicates text has been omitted from this Exhibit pursuant to a confidential treatment request and has been filed separately with the Securities and Exchange Commission. Impinj and Intel Proprietary and Confidential 2009-12-21 Milestone Date Deliverables Acceptance Criteria Payment Upon Completion of Milestone 6 *** 8/30/10 *** *** $ * ** Optional Non-Milestone Deliverable Intel may purchase *** samples *** at a cost of $***. The parties hereto have caused this SOW to be executed by their respective authorized representatives to be effective as of the date last written below.

Project Milestones and Deliverables. The project milestones are defined below. Prior to completion of work, Intel shall review and either accept or request reasonable changes to the deliverables. Impinj shall make reasonable efforts to accompdate Intel’s requested changes. Milestone Date Deliverables Acceptance Criteria Payment Upon Completion of Milestone 1 Finalize PRD 10/15/09 PRD which is attached as Appendix A hereto Mutual agreement on functional and technical specifications 2 PO from Intel On or before 12/31/09 $ * ** 3 Support of *** Qualification by Third Party Help Third Party Pass Intel *** qualification tests (test description and acceptance criteria not part of this document) 4 *** 6/9/10 *** *** $ * ** 5 *** 8/30/10 *** *** *** Indicates text that confidential treatment has been omitted from sought for this Exhibit pursuant to a confidential treatment request and has been filed separately with the Securities and Exchange Commission. information Impinj and Intel Proprietary and Confidential 2009-12-21 Milestone Date Deliverables Acceptance Criteria Payment Upon Completion of Milestone 6 *** 8/30/10 *** *** $ * ** Optional Non-Milestone Deliverable Intel may purchase *** samples *** at a cost of $***. The parties hereto have caused this SOW to be executed by their respective authorized representatives to be effective as of the date last written below.