Non-Recurring. Engineering Charges (“NRE”)
Non-Recurring. Engineering (NRE) Fees. Gogo agrees to pay [***] in NRE Fees in total for the development of the Product and Deliverables. NRE fees are payable according to the installment schedule set forth in Section 5 below, and NET [***] days after Gogo’s receipt of each corresponding invoice. ThinKom acknowledges receipt of payment from Gogo of [***] under the Letter of Intent of August 7, 2012, and such payment shall be applied and credited to Gogo’s obligation with respect to the final and third payment of NRE Fees. ThinKom acknowledges payment from Gogo of [***] to be received on or about November 17, 2012 under the Letter of Intent of October 2, 2012, and that such payment shall be applied and credited to Gogo’s obligation with respect to the initial NRE Payment.
Non-Recurring. Charges related to the Services shall be invoiced in arrears.
Non-Recurring. Engineering (NRE) Fees. Gogo agrees to pay [***] in initial NRE fees plus [***] in secondary NRE fees as set forth in this Exhibit A-1 (for a total NRE fee of [***]) for the development of the Product and Deliverables. NRE fees are payable according to the installment schedule set forth in Section 4 below, and NET [***] days after Gogo’s receipt of each corresponding invoice. ThinKom acknowledges receipt of payment from Gogo of [***] under the Letter of Intent of August 7, 2012, and such payment shall be applied and credited to Gogo’s obligation with respect to the final and third payment of NRE fees. ThinKom acknowledges payment from Gogo of [***] to be received on or about October 2, 2012, and that such payment shall be applied and credited to Gogo’s obligation with respect to the initial NRE fee payment. In addition, ThinKom acknowledges that it has received Milestone payments of [***] as set forth in Section 4 below. Shipset Purchase Pricing. ThinKom agrees to sell Shipsets to Gogo in accordance with the quantities, and pricing set forth in the below table (Table 1).
Non-Recurring. H.2 – Non-Recurring Quantities Once the estimated quantities for individual line items shown in the exhibit for the Non-Recurring portion have been ordered, additional quantities may be ordered as long as the overall Not-To-Exceed (NTE) amount of the contract per year is not exceeded, and the Contractor agrees by signing the task order.
Non-Recurring. CHARGES In August, 1997, the Company announced a series of initiatives which included a strategic downsizing of Dolton. As a result of this downsizing, the Company recorded a $1.7 million charge that included, among other items, a $721,000 write-down of assets to net realizable value and employee severance costs. During the fourth quarter of 1997, the Company recognized non-recurring charges for the cost of terminating a supplemental executive retirement plan and for the settlement of litigation relating to the pension liability of a bankrupt member of a multi-employer plan in which the Company participated. The total charge for these items was $1.0 million. In addition, the Company revised its estimate of environmental contingencies and reduced its environmental reserve by $2.3 million upon completing an extensive evaluation of each operating facility and all other known environmental exposures. In November, 1996, the Company's executive staff was reorganized resulting in the turnover of several key executive personnel. In connection with this reorganization, a charge to earnings of $3.5 million was recognized related to separation, executive search, inducement expenses and related legal and professional fees. The inducement expenses include cash bonuses, stock option grants and common stock grants that are subject to various vesting provisions ranging from 2 to 7 years. Further, 150,000 common shares were issued with no vesting provisions. The fair market value of all common shares granted was $1.3 million. The cash expenditures relating to the reorganization totaled $2.0 million.
Non-Recurring. Engineering (NRE) Fees. Gogo agrees to pay [***] in NRE Fees under the terms of this Exhibit. NRE fees are payable according to the installment schedule set forth in Section 4 below, and NET [***] after Gogo’s receipt of each corresponding invoice. Confidential and Proprietary 3 Gogo LLC
Non-Recurring. Expenses (NRE), HP [**] to Brocade under this PA12.
Non-Recurring. Monthly Charge ------- ------
Non-Recurring. Documentation Development Each 1 1 ----------------------------------------------------------------------------------------------------------------------------------- (2) Reproduction Each 1 1 ----------------------------------------------------------------------------------------------------------------------------------- (3) Acquisition of Suppliers Manuals Each 1 1 ----------------------------------------------------------------------------------------------------------------------------------- ----------------------------------------------------------------------------------------------------------------------------------- 161b Operator's Manual - Set #2 - #10 Manual 0 9 ----------------------------------------------------------------------------------------------------------------------------------- (1) Reproduction Each 0 9 ----------------------------------------------------------------------------------------------------------------------------------- ----------------------------------------------------------------------------------------------------------------------------------- 162a Maintenance Manual - Set #1 C.12 Manual 1 1 ----------------------------------------------------------------------------------------------------------------------------------- (1)
