TWO-PHASE BUSINESS MODEL Sample Clauses

TWO-PHASE BUSINESS MODEL. The price for 6 inch die is split in a two-phase business model: Phase 1 takes place as long as the Wafer starts per week is lower than [ * ] wafers. In this phase Siemens will be paid for every shipped Wafer. Phase 2 starts with volumes higher than [ * ] Wafer starts per week. Here Siemens will be paid for every good die, delivered to APT. Inside this phase the price is split into 4 price breaks: [ * ] Wafers per week [ * ] Wafers per week [ * ] Wafers per week [ * ] Wafers per week The relevant price break is in connection with the minimum volume as specified in Exhibit 6. If by the end of the year, the cumulated volume was higher than specified in Exhibit 6, Siemens will credit the difference to APT. In case that the cumulated volume was lower than specified in Exhibit 6, lost opportunity charges specified in Exhibit 6 have be paid by APT. The Pricing table for each MOS Chip is listed below. APT understands and accepts that Siemens cannot commit the price for the starting material delivered from Xxxxxx XX, a German corporation. Therefore only the processing price is fixed, the price for the starting material is only a indication for 500V chips. It can be fixed only after final quotation from Xxxxxx XX, Germany. Siemens and APT will cooperate to get the best price for the starting material. [*] = Material has been omitted pursuant to a request for confidential treatment, and such material has been filed separately with the SEC.
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