License Fees and Royalties. 7.1. For the license to the Synapse 3220 class of Products, TI shall pay a non-refundable license fee and prepaid royalty fee (“Initial Fees”) of [***] upon the terms and milestones set forth in Exhibit A. Further, TI shall pay to Sonics the License Fees and applicable Running Royalty for License Products utilizing future Licensed Technology for which TI may exercise its option in accordance with the terms of the applicable Exhibit A addendum established pursuant to Section 8 herein.
Appears in 4 contracts
Samples: Professional Services Agreement (Sonics, Inc.), Professional Services Agreement (Sonics, Inc.), Professional Services Agreement (Sonics, Inc.)
