Exhibit D—Pricing (January 7, 2002)
Exhibit 10.8
Exhibit D—Pricing (January 7, 2002)
This exhibit sets forth a pricing agreement and supercedes Section 5.4(b) of the ‘License
and Manufacturing Agreement’ dated February 20, 1997, items 8 & 9 of Exhibit A, Exhibit B and Exhibit C of that agreement.
1. |
Sonic Innovations shall provide a Guaranteed Minimum Revenue (GMR) to Atmel by purchasing product over the following timeframe. |
CY2002 |
CY 2003 |
CY2004 | ||||
GMR |
1,500K$ |
1,650K$ |
1,800K$ |
2. |
Product shall consist of any mix of the following parts agreed to by both parties, and listed as ‘Products’ below. |
Products: |
[*] |
[*] |
3. |
Pricing for the Product over the subject timeframe shall be: |
Product |
CY2002 |
CY2003 | ||
[*] |
[*] |
[*] |
Volume Pricing |
Up to 50k/yr |
50k to 150k/yr |
150k to 200k/yr |
200k to 250k/yr | ||||
IC3 DSP & EE (Chipset) |
[*] |
[*] |
[*] |
[*] | ||||
Atmel agrees to negotiate a possible price reduction on [*] during the fourth
quarter of CY2002.
4. |
Sonic Innovations shall meet the GMR amounts in Item 1 on a cumulative basis. At the end of each calendar year, Atmel will examine the shipments of all products and determine
if the GMR outlined in Item 1 has been met. If the GMR has not been met, Sonic Innovations will have the option of accepting a one-time charge or ordering additional product under the terms of this agreement to cover the shortfall.
|
5. |
During the first week of each month Sonic Innovations will provide to Atmel a 90-day firm minimum commitment, with 25% upside allowed, net against Sonic and Sonic’s
sub-contractor inventory. In addition, each month at the same time, Xxxxx will provide a rolling 12-month forecast of the Products listed in Item 2. |
/s/ XXXXXXX X.
XXXXXXXXX
/s/ XXXXX XXXXXX
Xxxxxxx X. Xxxxxxxxx |
Xxxxx Xxxxxx | |
V.P. – R & D |
V.P. and General Manager | |
Sonic Innovations, Inc. |
Bicmos and Custom Asic Products | |
Atmel Corporation |
[*] |
Confidential treatment has been requested with respect to these items. |
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