Sole Source Foundry Sample Clauses

Sole Source Foundry. During the Term, Company may in its sole discretion designate TSMC (in the applicable Product Supplement or otherwise) as Company’s sole third party foundry for the supply of specified Contract Wafers to be provided under this Agreement. Such designation may be revoked at any time by Company upon written notice to TSMC. For so long as TSMC is Company’s sole source for any Contract Wafers, Foundry shall accord Company with such pricing, priority treatment and other benefits as it provides its other sole source customers with respect to such Contract Wafers. Notwithstanding the foregoing, even if Company has designated Foundry as its sole source for any Contract Wafers, Company shall have the right to engage an alternative third party foundry for the product of such Wafers in the event that: Foundry does not meet (or indicates that it will be unable to meet) Company’s capacity requirements for such Contract Wafers (as further described below) or otherwise is in breach of its supply obligations hereunder. For clarity, the foregoing shall not be construed to preclude Company from at any time manufacturing any Contract Wafers through its own foundry facilities (or those of its Affiliates).
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