Common use of PREPAYMENT, NRE AND EXCHANGE OPTION Clause in Contracts

PREPAYMENT, NRE AND EXCHANGE OPTION. 4.1. Prepayment: Intel shall prepay $4,000,000 to Aquantia which will be applied towards [*]. This prepayment shall be fully refundable at Intel’s discretion after January 1, 2010. Aquantia shall invoice Intel for the foregoing prepayment [*] prior to the payment due date set forth in the table above. Intel shall remit payment on or before the payment due date set forth above, which shall be within [*] of Intel’s receipt of Aquantia’s invoice.

Appears in 5 contracts

Samples: Master Purchase Agreement (Aquantia Corp), Master Purchase Agreement (Aquantia Corp), Master Purchase Agreement (Aquantia Corp)

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