Design Win definition

Design Win means an engagement to sell a given product to a given customer with respect to a given program or project.

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Design Win means: [*]

Design Win means receipt of first customer purchase order with 500 units or more of Phoenix 2 Products or LMX 2 Products.

Examples of Design Win in a sentence

• The licence granted under Clause 8.4 shall survive only in respect of any semiconductor product which is already under development by LGS at the date of termination under the provisions of this Clause and the survival of such licence shall be subject to a continuing obligation for LGS to pay the appropriate fee in the event that such product is the subject of a Design Win Event.

• Provided that the Design Win is accepted for registration under the rules of the Registration Program, the Design Win will be deemed a “Registered Design Win”.

• If the secondary supplier sells to a Registered Design Win of the prime supplier, the secondary supplier will be required to pay to the prime supplier, in addition to any other fees or royalties due under any other provision of this Agreement, a premium royalty fee equal to ten percent (10%) of the product revenue realized by the secondary supplier with respect to the specific Registered Design Win.

• Business area Q1 Q2 Total Design Win Goals 14 24 ------------------------------------------------------------------------- Q3 and on Based on attainment of EIA Revenue and operating profit mutually agreeable goals.

• If LMX 2 Products do not achieve a Design Win within two and one half years after the Effective Date, the royalty shall be reduced to the lesser of [****] of Silan’s Gross Margin for each unit sold.

• Each Party registering a Design Win will use commercially reasonable efforts to update the registration information for the Registered Design Win at least monthly (with “on change” notice if possible).

• The Petrole Warrants shall have a term of five (5) years from the Effective Date, shall have an initial exercise price of $2.00 per share, shall vest as to 50,000 shares of MathStar Common Stock upon the achievement of each Design Win, and shall otherwise be in the form attached hereto as Exhibit C.

• Business area Q1 Q2 Total Design Win Goals 14 24 ---------------------------------------------------------- Q3 and on Based on attainment of EIA Revenue and operating profit mutually agreeable goals.

More Definitions of Design Win

Design Win means that we got Winchester content (parts with Winchester IP) “on the print” of an OEM customer platform.

Design Win means a written statement from a ParkerVision customer that such customer intends to design a system using ParkerVision's D2D technology.

Design Win means Holder's completion of one board design which incorporates the Company's silicon, and issuance of a purchase order by Holder for a minimum of 100 units under the Company's "C-Cube" product name (collectively, the "Products").

Design Win shall have meaning set forth on Schedule 6.26 of the Company Disclosure Schedule.

Design Win means sales and marketing efforts that convert Design In activities into actual product orders.