Non-Recurring Engineering definition
Examples of Non-Recurring Engineering in a sentence
Netlist agrees to pay a NRE (Non-Recurring Engineering) Payment (set forth in Exhibit D) to Diablo for the design and development of the Netlist Chipset and the delivery of the initial prototypes, all meeting the Specifications, as defined in the Statement of Work set forth in Exhibit A (“SOW”) and on the dates specified in the NRE Payment Schedule.
The price for the LCD Assemblies and Non-Recurring Engineering Charge indicated on Exhibit A hereto.
Each installment of Non-Recurring Engineering (NRE) charges shall be due within thirty (30) days after receipt by NEC of a relevant invoice to be issued by MoSys after the completion of each milestone as set forth in Appendix E.
The Seller shall submit pro forma invoices to the Buyer for the Buyer's payment of the Non-Recurring Engineering (NRE) identified in Table 2.1-1 hereof as follows: Payment Number 1 To be paid 10 days after execution of Contract [**] Payment Number 2 To be paid 10 days after delivery of the first unit [**] These payments shall be made by wire transfer to the account address in paragraph 2.4.2, below.
Plantronics shall pay to GoerTek the fixed sum, Non-Recurring Engineering (NRE) and Tooling Charge, in accordance with fees identified in the applicable Development and/or Manufacturing Program.
Exhibit A - Product Description and Pricing Schedule Exhibit B - Non-Recurring Engineering Costs The parties hereto have caused this Agreement to be executed by their duly authorized representatives on the date(s) shown below.
In the event of a complete or partial termination of this Agreement by either Party, VOLCANO will reimburse EI for any mutually agreed non-amortized EI costs associated with Product not originally funded through Non-Recurring Engineering (NRE) charges.
Non-recurring Engineering Charges (NRE) The Non-Recurring Engineering charges (NRE) for any core designs to be mutually agreed before the start of the design.
Any Non-Recurring Engineering charges or other service charges paid by Buyer shall not be deemed to grant Buyer any right, title or interest in any tools, dies, jigs, fixtures and items of like nature, or in any design, engineering, trade secret, patent, Intellectual Property (defined below), or other proprietary rights, and such items shall at all times be and remain the sole property of Seller.
In addition, ownership and possession of all product assembly and test fixtures, tooling, test programs, Non-Recurring Engineering (NRE) tooling, test equipment and consigned equipment, shall revert to Buyer.