Commencement Notices. TI shall deliver to Sonics a Commencement Notice upon the start of design or development of a semiconductor device incorporating a Smart Core if any portion of the up front license fee becomes payable to Sonics as a result of such new design or development. If TI does not thereafter release such device to commercial volume, TI may apply the license fee paid for such device to a new device by so notifying Sonics in the Commencement Notice for the new device. The start of a design corresponds to the state of a design project where the architectural definition, functional specification, PPA (power, performance and area), and project milestones of a particular TI semiconductor device have been defined. The form of the Commencement Notice is attached hereto as Exhibit E.
Appears in 4 contracts
Samples: Technology License Agreement (Sonics, Inc.), Technology License Agreement (Sonics, Inc.), Technology License Agreement (Sonics, Inc.)
