Master Development And Supply Agreement

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A master development and supply agreement is a contract between a company and a developer that sets the terms and conditions of a working relationship. Per the agreement, a developer agrees to create and supply a product to a company for a certain agreed-upon price. In exchange, the company makes promises, usually surrounding compensation, that makes the relationship mutually beneficial. The amount of compensation and pay schedule is another example of a crucial part of this type of agreement.

The purpose of the master development and supply agreement is to moderate the working relationship between the two parties, which usually makes the working relationship more amicable.

Common Sections in Master Development And Supply Agreements

Below is a list of common sections included in Master Development And Supply Agreements. These sections are linked to the below sample agreement for you to explore.

Master Development And Supply Agreement Sample

Apple Audience MDSA

MASTER DEVELOPMENT AND SUPPLY AGREEMENT

THIS MASTER DEVELOPMENT AND SUPPLY AGREEMENT [*****] is entered into by and among Apple Inc. , a California corporation having its principal place of business at 1 Infinite Loop, Cupertino, California 95014, United States and Apple Sales International , an Irish corporation having its principal place of business at Holly Hill Industrial Estate, Cork City, Ireland (collectively, “ Apple ”), and Audience Inc. , a California corporation, having its principal place of business at 1330 Villa Street, Mountain View, Ca 94041 (“ Company ”), effective as of August 6, 2008 (the “ Effective Date ”).

Apple desires to engage Company and its affiliates to develop, supply, and support board electrical components, including digital audio ICs and related software, and digital audio IP cores and related software for use in Apple products. This Master Development and Supply Agreement contains the general terms and conditions governing the relationship of the parties. The parties may sign statements of work that reference this Master Development and Supply Agreement to set forth terms and conditions specific to particular goods, deliverables and services. However, if the parties have not yet signed a statement of work for particular goods, deliverables or services to be provided, then, unless the provision of such goods and services is governed by a separate written agreement, the terms and conditions of this Master Development and Supply Agreement will apply.

Capitalized terms not defined herein, have the meanings set forth in Attachment 1 , attached hereto and incorporated herein by reference.

1.1. Delivery . Supplier will deliver Development Deliverables to Authorized Purchasers in accordance with the Project Schedule with written notice of the delivery. Payment of invoices will not be deemed acceptance of Development Deliverables, but rather Development Deliverables delivered will be subject to inspection, test and rejection by the Authorized Purchaser. Upon receipt of a Development Deliverable, the Authorized Purchaser will either accept the Development Deliverable, or in the event that, in the [*****], the Development Deliverable does not comply with the Specifications, including the Project Schedule, reject the Development Deliverable. If an Authorized Purchaser requests, Supplier will assist the Authorized Purchaser with testing the Development Deliverables without charge. Upon rejection of a Development Deliverable, Supplier will promptly correct any failure to comply with the Specifications and re-deliver the Development Deliverable to Authorized Purchasers as soon as is practicable, or such other time period agreed upon by the Authorized Purchaser in writing. The Authorized Purchaser will accept or reject the redelivery in accordance with the foregoing procedure, which procedure will be repeated until the Authorized Purchaser either accepts the Development Deliverable or cancels the Development Deliverable.

1.2. Re-scheduling . If Supplier is unable to provide the Development Deliverables or related services in accordance with the Project Schedule for any reason, including Apple’s or any Authorized Purchaser’s failure to provide timely delivery of required information or materials, Supplier will promptly notify Apple, specifying the reason for such failure to comply with the Project Schedule.

[*****] Certain portions denoted with an asterisk have been omitted and filed separately with the Securities and Exchange Commission. Confidential treatment has been requested with respect to the omitted portions.

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Apple Audience MDSA

1.3. Cancellation . An Authorized Purchaser may cancel all or any part of a Development Deliverable or related services [*****]. Upon any such cancellation, Supplier will, to the extent and at the times specified by the Authorized Purchaser, stop all work on the Development Deliverable or related services (or designated portions thereof) so cancelled, incur no further costs, and protect all property in which the Authorized Purchaser has or may acquire an interest. Supplier will do so promptly without awaiting settlement or payment of any cancellation claims. The Authorized Purchaser will not be responsible for any costs in connection with a cancelled Development Deliverable or related services except for payment for the portion of the Development Deliverable delivered and services performed and accepted in accordance with this Section 1 prior to notice of the cancellation, including any work in progress completed prior to such acceptance.

1.4. Costs . An Authorized Purchaser will have no obligation to purchase or pay for any Development Deliverables or related services except as set forth in the applicable SOW or pursuant to a Purchase Order issued by that Authorized Purchaser. Subject to Section 1.3 above, an Authorized Purchaser may cancel all or any part of a Purchase Order for Development Deliverables or related services issued by such Authorized Purchaser [*****].

1.5. No Obligation . Provision by Supplier of any Development Deliverables or related services does not obligate Apple or any other Authorized Purchaser to purchase any Goods from Supplier.

1.6. Taxes . The provision of the Development Deliverables and related services in their tangible form have no intrinsic value. As such, no value added, sales, or use taxes have been assessed or are anticipated to be required as a result of the services provided under this Agreement.

2. Production and Order Fulfillment

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2.1. Production . Supplier will manufacture, test, package, and deliver Goods in accordance with all applicable Specifications pursuant to Purchase Orders issued by Authorized Purchasers and the requirements set forth, if any, in the applicable SOW, as more fully set forth below.

(a) Delivery . Apple will provide Supplier with a Forecast on at least a [*****] basis until the [*****].

(b) Confirmation . Within [*****] Business Days of receipt of a Forecast, Supplier will respond confirming supply of the Goods available to meet the Forecast. Supplier agrees to confirm subsequent Forecasts with respect to each week of the Forecast to the extent that: (i) the subsequent Forecast does not exceed the previous Forecast for the same week [*****] set forth in the [*****], if any, in the applicable SOW; or (ii) if no previous Forecast exists for a week, the subsequent Forecast does not exceed the last week forecasted in the prior Forecast [*****] set forth in the [*****], if any, in the applicable SOW.

(c) Supply Constraint . If Supplier’s ability to supply any Goods in accordance with the then current Forecast is constrained for any reason, Supplier will: (i) fill Authorized Purchasers’ orders prior to fulfilling orders for other customers, (ii) immediately escalate the issue to Apple’s management for the purpose of resolving the supply constraint; and (iii) promptly provide [*****] reports to Apple showing the number of Goods available during the constrained period.

[*****] Certain portions denoted with an asterisk have been omitted and filed separately with the Securities and Exchange Commission. Confidential treatment has been requested with respect to the omitted portions.

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Apple Audience MDSA

(d) Disclaimer . APPLE MAKES NO WARRANTIES REGARDING THE QUANTITY OF GOODS THAT IT OR ANY OTHER AUTHORIZED PURCHASERS WILL ORDER OR PURCHASE, IF ANY. SUBJECT TO SECTION 2.4(D) BELOW WITH RESPECT TO QUANTITIES CITED IN A PURCHASE ORDER, ALL QUANTITIES CITED IN THIS AGREEMENT OR IN DISCUSSIONS ARE NON-BINDING .

2.3. Hubs . If requested by Apple, Supplier will store Goods in Hubs before their delivery date to support [*****] delivery of the Goods required pursuant to the then current Forecast. Supplier will: (i) [*****] associated with warehousing Goods in Hubs; (ii) maintain a sufficient inventory of Goods in the Hubs to satisfy the requirements of the then current Forecast; (iii) ensure that the Authorized Purchaser or its carrier(s) may withdraw Goods from the Hubs as needed; (iv) fully insure or require the Hub operator to fully insure all Goods in transit to or stored at a Hub against all risk of loss or damage until such time as the Authorized Purchaser takes title to them; and (v) require that the Hub operator take all steps necessary to protect all Goods in a Hub consistent with good commercial warehousing practice.

(a) Orders. An Authorized Purchaser may purchase Goods by issuing Supplier a Purchase Order. During the period covered by a Forecast confirmed by Supplier in accordance with Section 2.2(b) above, Supplier may only reject a Purchase Order for Goods issued by an Authorized Purchaser if the [*****] the then current Forecast [*****] set forth in the [*****], if any, in the applicable SOW, or if the Purchase Order does not conform with the terms of this Agreement. Supplier will fulfill orders for Goods using the electronic order processing protocols identified in the document(s), if any, referenced in the Apple Requirements Document.

(b) Pricing [*****]. The price of Goods will be set forth in the applicable SOW or other written agreement among the parties, or if none, in the applicable Purchase Order. Except as set forth in the applicable Purchase Order or SOW or as otherwise agreed in writing, prices include all duties and taxes assessable upon the Goods prior to delivery to an Authorized Purchaser in accordance with this Agreement. Supplier represents and warrants that, to the extent permitted by law, the prices for Goods will not exceed the [*****]. If previously agreed upon pricing [*****] Supplier will make [*****] available to Authorized Purchasers [*****].

(c) Adjustments . Authorized Purchasers may reschedule the shipment date of any undelivered Goods [*****]. An Authorized Purchaser may increase the number of units of Goods ordered pursuant to a particular Purchase Order [*****] in accordance with the [*****], if any, in the applicable SOW. An Authorized Purchaser may redirect shipments of any Goods under any Purchase Order to alternate locations [*****].

(d) Cancellation . An Authorized Purchaser may cancel all or any part of a Purchase Order issued by such Authorized Purchaser [*****]. Upon any such cancellation, Supplier will, to the extent

[*****] Certain portions denoted with an asterisk have been omitted and filed separately with the Securities and Exchange Commission. Confidential treatment has been requested with respect to the omitted portions.

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Apple Audience MDSA

and at the times specified by the Authorized Purchaser, stop all work on the Purchase Order (or designated portions thereof) so cancelled, incur no further costs, and protect all property in which the Authorized Purchaser has or may acquire an interest. Supplier will do so promptly without awaiting settlement or payment of any cancellation claims. Except as provided in Section 2.4(e) below, an Authorized Purchaser will not be responsible for any costs in connection with the cancellation of a Purchase Order for Goods to be delivered during the Production Period. For Goods to be delivered outside of the Production Period, an Authorized Purchaser will not be responsible for any costs in connection with the cancellation of a Purchase Order if the cancelled Purchase Order is cancelled more than [*****] prior to the requested delivery date. If an Authorized Purchaser cancels a Purchase Order for Goods to be delivered outside of the Production Period less than or equal to [*****] prior to the requested delivery date, the Authorized Purchaser will be responsible for the cost of the materials purchased by Supplier no earlier than required by applicable Lead-Times to fulfill the cancelled Purchase Order that Supplier cannot cancel, return for credit, divert to use as service units, sell or divert to another use.

(e) Excess Goods . Unless otherwise agreed in an SOW, upon invoice by Supplier after the [*****], Apple will pay Supplier for the cost of the Goods remaining in inventory (including Goods in Hubs) and work-in-process as of the [*****] to the extent that (A) such Goods have not been purchased by Authorized Purchasers; (B) production of such Goods was started in accordance with the relevant Forecast confirmed by Supplier at applicable Lead-Times, and (C) such Goods cannot be canceled, diverted to another use, or sold to another party .

(a) On-Time Delivery . TIME IS OF THE ESSENCE as to the delivery of the Goods under this Agreement. If Supplier cannot meet the requirements of the then current Forecast or of the delivery date specified in a Purchase Order, Supplier will promptly notify the Authorized Purchaser and propose a revised delivery date, and the Authorized Purchaser may, at its option: (i) [*****] the Purchase Order [*****] to Supplier; or (ii) require Supplier to deliver the Goods using priority freight delivery with incremental freight charges at [*****] expense. If neither the remedy in clause (i) or (ii) is sufficient, after reasonable efforts to resolve the delay in delivery between senior management of both parties, the parties agree that Authorized Purchaser may purchase substitute goods [*****] of the Goods and [*****] by Authorized Purchasers [*****], if higher, including [*****] and may exercise all other remedies provided at law, in equity and in this Agreement, including the right of specific performance or replevin as set forth in Section 2.716 of the Uniform Commercial Code. No Authorized Purchaser is obligated to accept early delivery of Goods. Unless an Authorized Purchaser has otherwise agreed in writing, Supplier must deliver the exact quantity specified in the applicable Purchase Order. Authorized Purchasers reserve the right to reject any partial or incomplete delivery and to return excess quantities at [*****] expense and risk.

(b) Acceptance . Payment of invoices will not be deemed acceptance of Goods, but rather Goods delivered will be subject to inspection, test and rejection by the Authorized Purchaser. Goods that are not rejected within [*****] days of delivery shall be deemed accepted. The Authorized Purchaser may reject any Goods delivered (individual units or entire lots) that do not comply with the requirements of the applicable Purchase Order or this Agreement. At the Authorized Purchaser’s option, and pursuant to the Authorized Purchaser’s written instructions, Supplier will promptly: (i) refund the full amount paid for the rejected items plus any inspection, test and transportation charges paid by the Authorized Purchaser; or (ii) correct or replace such items.

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Apple Audience MDSA

(c) Terms of Sale . Except as provided in Section 3.7(b) below for Service Units: (i) Goods delivered via Hubs pursuant to Section 2.3 above will be delivered [*****] (designated Hub as set forth in the applicable SOW, or if not designated, in the applicable Purchase Order), provided that Supplier retains title and risk of loss until the Goods are withdrawn from the Hub by the Authorized Purchaser or its designated carrier; and (ii) all other Goods will be delivered by Supplier [*****] (delivery location designated in the applicable SOW, or if not so designated, in the applicable Purchase Order) with title and risk of loss transferring from Supplier to the Authorized Purchaser at the designated delivery location.

2.6. Costs . Except for amounts due pursuant to a Purchase Order or SOW, Authorized Purchasers will not be responsible for any costs in connection with the ordering and purchase of any Goods.

Support Services and Service Units

3.1. Service Unit Inventory . Supplier will, at [*****] expense, provide an inventory of Service Units to Apple in accordance with the Service Unit inventory requirements set forth in document(s), if any, referenced in the Apple Requirements Document or applicable SOW. In absence of such requirements and upon Apple’s request, Supplier will (i) deliver an Initial Service Unit Inventory to entities designated by Apple, at [*****], at least [*****] before Apple first ships the applicable Apple Product.

3.2. Replacements During Warranty Period . Supplier will, at [*****] expense, in accordance with the warranty service requirements set forth in the document(s), if any, referenced in the Apple Requirements Document or the applicable SOW, [*****] the defect is due to abuse, misuse, negligence, accident, alteration, or faulty repair after shipment, [*****] Supplier later identifies the Goods as having [*****]: (i) accept the return of any Goods identified by an Authorized Purchaser as Defective Goods during the Warranty Period; and (ii) ship Service Units to be used as replacements for such Goods on the same day the Authorized Purchaser returns the Defective Goods; or (iii) if the Authorized Purchaser requests, credit the Authorized Purchaser the original purchase price of the Goods.

3.3. Replacements; Warranty on Replacements . Supplier may use Goods returned in accordance with this Section 3 that meet all applicable Specifications as Service Units, provided that any unit of Goods returned by an Authorized Purchaser to Supplier a second time for a related failure will be scrapped and replaced immediately at [*****] expense. Service Units provided by Supplier pursuant to this Section 3 will be subject to the warranties in Section 12 below.

3.4. Replacements After Warranty . Supplier will accept and fulfill Purchase Orders for Service Units for [*****] years after the last purchase of a unit of Goods by an Authorized Purchaser. To ensure that it is able to do so, Supplier agrees to maintain an adequate stock of Service Units or the Equipment and materials needed to produce Service Units throughout this [*****] year period. The terms and conditions of this Agreement will govern all purchases of Service Units. Under no circumstances will the price of a Service Unit (including the cost of single or multi-pack packaging and handling fees) exceed the price of the last Goods purchased by an Authorized Purchaser. In no event will there will be last Goods purchased for Service Units.

3.5. Repairs After Warranty Period . If Apple requests, Supplier will repair Goods (if possible) not covered by warranty on competitive terms and conditions.

[*****] Certain portions denoted with an asterisk have been omitted and filed separately with the Securities and Exchange Commission. Confidential treatment has been requested with respect to the omitted portions.

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Apple Audience MDSA

3.6. Shortages . Apple reserves the right to direct Supplier to [*****] for [*****] for the replacement or repair of Defective Goods. If Apple is unable to obtain enough Service Units to replace or repair Defective Goods due to a breach of Supplier’s obligations under this Agreement, Apple may use a unit of Goods from Supplier’s inventory of [*****] as a replacement unit [*****]. If diverting units of [*****] will make fulfillment of any Purchase Orders for Goods in accordance with this Agreement impossible, Apple and Supplier will agree on a later delivery date for such Goods.

(a) Defective Goods . Authorized Purchasers will return all Goods in accordance with this Section 3 [*****] (place to be named by the Authorized Purchaser) and title will transfer to Supplier when placed in the carrier’s possession at the named place; provided, however, that whenever Apple Sales International or Apple Operations Europe returns Goods in accordance with this Section 3 from the [*****], Goods will be returned [*****] and title will transfer to Supplier at the named place at the frontier, but before the customs border of the destination country.

(b) Service Units . Supplier will deliver all Service Units delivered [*****] (place to be named by the Authorized Purchaser) and title will transfer upon actual receipt of the Service Units at the named place of destination; provided, however, that whenever Service Units are delivered to Apple Sales International or Apple Operations Europe in the [*****] region, Goods will be delivered [*****] and title will transfer at the named place at the frontier, but before the customs border of the country of destination.

3.8. Costs . Except for amounts due pursuant to a Purchase Order or SOW, Authorized Purchasers will not be responsible for [*****] in connection with Supplier’s obligations in this Section 3.

4.1. By Supplier . Supplier will not modify any Specifications without obtaining Apple’s prior consent, including consent via the Project Management System if required by Apple.

4.2. By Apple . Apple may modify any Specifications, including modification via the Project Management System. Supplier will acknowledge the modification, including acknowledgment via the Project Management System in accordance with applicable procedures if required by Apple. The terms and conditions of this Agreement will be amended by such modification upon Supplier’s acknowledgement thereof or, if within [*****] Business Days of receipt of notice of such modification, if Supplier has not given Apple notice of its acknowledgement. In the event the modification results in an [*****] of performance of Supplier’s obligations under this Agreement, Apple will not be responsible for the [*****] unless Supplier’s reports [*****] to Apple within [*****] Business Days of the receipt of the notice and obtains Apple’s prior written consent to proceed with the modification.

Quality and Safety Requirements

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5.1. Requirements and Qualifications . Supplier will comply with the quality, safety and regulatory requirements as set forth in the document(s), if any, referenced in the Apple Requirements Document and as set forth in the applicable SOW, or in the absence of such requirements, with good commercial practice and applicable law.

[*****] Certain portions denoted with an asterisk have been omitted and filed separately with the Securities and Exchange Commission. Confidential treatment has been requested with respect to the omitted portions.

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Apple Audience MDSA

5.2. Testing Requirements . Supplier will test the Development Deliverables and the Goods in accordance with the testing requirements set forth in the document(s), if any, referenced in the Apple Requirements Document and as set forth in the applicable SOW, or in the absence of such testing requirements, in a manner sufficient to confirm conformance with all applicable Specifications. Upon Apple’s request, Supplier will provide and ship Development Deliverables and Goods to Apple to be used for testing.

5.3. Environmental Compliance . Supplier will, with respect to the provision of Development Deliverables and Goods, and all related processes and materials used in connection therewith, including packaging, comply with: (i) all applicable laws and regulations governing the use, declaration, preparation and marketing of hazardous substances and energy consumption efficiency; and (ii) any requirements with respect to the same set forth in the document(s), if any, referenced in the Apple Requirements Document and in the applicable SOW.

and Safety Risks .

(a) Generally . Supplier must notify Apple immediately if it has reason to believe that the Goods provided under this Agreement may (i) produce an Excessive Failure; (ii) produce an Environmental Compliance Failure; or (iii) present a Safety Risk.

(b) Remedies . If there is an Excessive Failure, an Environmental Compliance Failure, or the Goods present a Safety Risk, Supplier will: (i) reimburse Authorized Purchasers for all expenses incurred to respond to such Excessive Failure, Environmental Compliance Failure, or Safety Risk, including the expenses incurred to diagnose any defect, develop tests and remedies for any defects, perform testing, promptly respond to customer inquiries and complaints, promptly replace the Goods, and promptly transport the Goods, or Apple Products to and from Supplier, End Users and Apple’s other customers, using overnight or priority freight service if Apple, at its sole discretion, deems it appropriate to do so to meet its customers’ needs; (ii) if Apple requests, promptly replace or accept the return of (and credit the Apple-designated entity for) affected Goods; and (iii) if Apple elects to repair Goods, promptly provide [*****] replacement Service Units, whether or not the Warranty Period has expired. For Multiple-Cause Excessive Failures, these remedies will apply only to Goods in Manufacturing Lots with Excessive Failures. For Single-Cause Excessive Failures, these remedies will apply to all Goods with the same or substantially the same defect.

(c) Exceptions . Supplier will not be liable under this Section 5.4 for an Excessive Failure or a Safety Risk to the extent (i) the Excessive Failure or Safety Risk is primarily attributable to [*****] or [*****] that could not reasonably have been implemented by Supplier in a way that would have avoided the Excessive Failure or the Safety Risk; or (ii) the Goods were subjected to abuse, misuse, negligence, accident or faulty repair after transfer of title to the Authorized Purchaser. Apple’s specification or approval of materials or vendors will not relieve Supplier of the remedies set forth in this Section 5.4, nor will Apple’s approval or acceptance of Goods.

(d) Tracking . Supplier must track the date Goods are produced and make such information available to Apple upon Apple’s request during the term of this Agreement and for [*****] years after the Goods are delivered.

[*****] Certain portions denoted with an asterisk have been omitted and filed separately with the Securities and Exchange Commission. Confidential treatment has been requested with respect to the omitted portions.

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5.5. Costs . Except for amounts due pursuant to a Purchase Order or SOW, Authorized Purchasers will not be responsible for [*****] in connection with Supplier’s obligations in this Section 5.

6. Resource Requirements

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(a) Management . Supplier is solely responsible for managing Supplier Personnel, including hiring, firing, where and when Supplier Personnel perform their work, work assignments, practices, policies and procedures, and compliance with all applicable laws and regulations.

(b) Apple Premises . Upon Apple’s request, Supplier will provide Supplier Personnel to provide services at Apple’s facilities at [*****] expense. Such Supplier personnel may be required to sign a written agreement with Apple acknowledging and agreeing to comply with Apple’s security and confidentiality requirements. Apple reserves the right to prohibit specific Supplier Personnel from entering Apple’s premises at Apple’s sole discretion.

(c) Written Agreements . Supplier represents that Supplier has written agreements in place with each Supplier Personnel sufficient to enable Supplier to comply with all provisions of this Agreement.

(d) Costs . Except for amounts due pursuant to a Purchase Order or SOW, Authorized Purchasers will not be responsible for any costs associated with Supplier Personnel.

(a) Procurement . Supplier will, at [*****] expense, secure all Equipment necessary to provide the Development Deliverables and the Goods, including the Equipment specified in the applicable SOW and the document(s), if any, referenced in the Apple Requirements Document. Supplier will purchase, lease or borrow the Equipment in a timely manner to ensure that the Equipment is delivered in time to meet the requirements of the Project Schedule, the then current Forecast, or any Purchase Order, as applicable.

(b) Apple Equipment

(i) Supplier, will at Apple’s request obtain certain items of Equipment from Apple or purchase or lease Equipment on Apple’s behalf (collectively, “ Apple Equipment ”).

(ii) As applicable, Supplier will place purchase orders for or lease the Apple Equipment only upon prior written approval by Apple with respect to the quantity, specifications and price of each item of Apple Equipment. Upon request, Supplier will provide Apple up to three competitive quotes for each item.

(c) Supplier will hold the Apple Equipment as a bailee only and will not permit any lien or other encumbrance to be placed against it when in Supplier’s care, custody and control. Apple owns all Apple Equipment obtained from Apple. With respect to Apple Equipment purchased on Apple’s behalf, Supplier agrees that title to such Apple Equipment will transfer to Apple upon payment for the Apple Equipment by Apple. Supplier will execute any documents necessary to document or perfect Apple’s ownership of the Apple Equipment. With respect to Apple Equipment leased on Apple’s behalf, Supplier will assign Supplier’s rights and obligations under the lease to Apple upon Apple’s request.

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Apple Audience MDSA

(d) Supplier will apply Apple asset tags provided by Apple to all Apple Equipment in accordance with the requirements set forth in the documents, if any, referenced in the Apple Requirements Document. Under no circumstances will Supplier move Apple Equipment from the location designated by Apple, without Apple’s prior written consent, or deny Apple, its agents or contractors access to the Equipment.

(e) Immediately upon Apple’s request or termination of this Agreement, Supplier will deliver the Apple Equipment to Apple [*****] provided Apple has paid for any Apple Equipment purchased or leased by Supplier on Apple’s behalf. Supplier agrees to return the Apple Equipment to Apple in the same condition as it was provided to Supplier, except for normal wear and tear. Supplier will be responsible for physical loss of or damage to the Apple Equipment while in the possession or control of Supplier.

(f) Supplier agrees to use Apple Equipment solely for Apple’s benefit. Supplier will not use Apple Equipment for any other purpose or permit a third party to use the Apple Equipment except as set forth in this Agreement.

(g) The Apple Equipment provided by Apple is provided to Supplier “as is” and Apple disclaims all warranties, express or implied, including the implied warranties of merchantability and fitness for a particular purpose.

(h) Supplier is solely responsible for installing, testing, and maintaining Apple Equipment in its control in good working condition in compliance with applicable manufacturing specifications, for purchasing and maintaining spare parts to repair such Apple Equipment with a minimum of downtime, and for any risk of loss in connection with the Apple Equipment.

(i) Apple reserves the right to inspect any Apple Equipment in Supplier’s control at any time, provided it gives Supplier at least 24 hours advance notice.

(j) Except for amounts due pursuant to a Purchase Order or SOW, Authorized Purchasers will not be responsible for [*****] associated with the Apple Equipment.

(a) Procurement . Supplier will secure all materials in accordance with applicable Specifications to provide the Development Deliverables and Goods necessary to meet the requirements of the Project Schedule, the then current Forecast and Purchase Orders.

(b) Buy/Sell . Upon Apple’s request, Supplier will purchase materials [*****] and will comply with the requirements for purchasing materials from [*****] set forth in the applicable SOW and document(s), if any, referenced in the Apple Requirements Document, or in the absence of such requirements, will provide Apple (i) [*****] reports by part number [*****] immediately following [*****] period; (ii) [*****] Purchase Orders for [*****] period; and (iii) [*****] receipt logs of any such materials.

[*****] Certain portions denoted with an asterisk have been omitted and filed separately with the Securities and Exchange Commission. Confidential treatment has been requested with respect to the omitted portions.

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Apple Audience MDSA

(c) Bill of Materials . Before placing orders for or purchasing any materials for use in Goods that are comprised of multiple components, Supplier will provide [*****] for such Goods, as applicable, listing the supplier(s), part number(s), lead time(s), and cost(s) of each material therein, as applicable.

(d) Rebates . Apple has agreements with certain suppliers under which Apple may receive a volume discount on components that Supplier purchases from those suppliers. If the price paid by Supplier to those suppliers for such components is higher than [*****].

(e) Costs . Except for amounts due pursuant to a Letter of Authorization, the applicable SOW or Purchase Order, [*****] will not be responsible for any costs associated with the materials, including any financing charges.

6.4. Subcontracting. Apple acknowledges that Supplier is a fabless semiconductor company that subcontracts all of its production, testing and packaging to fabricators, assembly packaging and test houses. Supplier shall specify in the applicable SOW the subcontractors performing work on Supplier’s behalf for such Development Deliverables or Goods and Supplier shall have confidentiality agreements with each such listed subcontractor pursuant to the terms of Section 11.2. Except as permitted and acknowledged in the preceding sentence, Supplier will not subcontract the development, manufacturing or servicing of any Development Deliverables or Goods without Apple’s prior written consent.

7. Documentation, Reports and Reviews

7.1. Documentation . Supplier will, at Supplier’s expense, provide Documentation in English for the Development Deliverables and the Goods upon request by Apple, including the Documentation identified in the applicable SOW and the document(s), if any, referenced in the Apple Requirements Document, in the format and frequency set forth therein.

7.2. Reports . Supplier will, at Supplier’s expense, provide Apple (i) reports requested by Apple, including reports regarding the Development Deliverables, Goods, Purchase Orders, Hubs, and Defective Goods; and (ii) the reports described in the document(s), if any, referenced in the Apple Requirements Document, in the format and frequency set forth therein.

7.3. Audits . During the term of this Agreement and for [*****] years thereafter, Apple or an independent certified public accountant reasonably acceptable to Supplier may, at any time, audit Supplier’s records (including electronic records) to verify that Supplier has complied with its obligations under this Agreement, provided Supplier may redact and/or remove its supplier- and customer-identifying information prior to providing Apple or the auditor with such information, and is only obligated to disclose the information reasonably required to determine Suppliers compliance with this Agreement. Supplier will provide Apple or the auditor any information and documentation Apple or the auditor may reasonably request in connection with such audit. Supplier will provide such information and documentation in the format requested. Supplier agrees to maintain all records, contracts and accounts related to the Development Deliverables, Goods and related services during the term of this Agreement and for [*****] years thereafter. Supplier will ensure that Supplier Personnel who are knowledgeable of the relevant records and business practices are available to facilitate any such audit, and that any information or materials requested in preparation for or during such audit are provided to Apple or the auditor without delay. Supplier will reimburse Apple within [*****] days after the audit is completed for any overpayments

[*****] Certain portions denoted with an asterisk have been omitted and filed separately with the Securities and Exchange Commission. Confidential treatment has been requested with respect to the omitted portions.

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made by Authorized Purchasers [*****]. Supplier will be responsible for the cost of the audit if the audit reveals overpayment of [*****]% or more by Authorized Purchasers during the period of time subject to the audit.

7.4. Inspections . During the term of this Agreement, Apple or a third party reasonably acceptable to Supplier may, at any time, inspect Supplier’s facilities and interview Supplier Personnel to ensure compliance with the terms and conditions of this Agreement, including inspection of work in progress or completed Development Deliverables and Goods, development and manufacturing processes, working conditions, and on-site living conditions, as applicable. Supplier will ensure that Supplier Personnel who are knowledgeable of the relevant facilities attend such inspections.

7.5. Disclaimer . Any reports provided or audits or inspections performed in accordance with this Section 7 will not relieve Supplier of any of its obligations under this Agreement.

7.6. Costs . Except for amounts due pursuant to a Purchase Order or SOW, Authorized Purchasers will not be responsible for [*****] in connection with Supplier’s obligations in this Section 7.

8. Purchase and Payment Terms

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(a) Orders . An Authorized Purchaser will have no obligation to purchase or pay for any Development Deliverables, Goods, or related services except pursuant to a Purchase Order issued by that Authorized Purchaser and accepted in accordance with the terms of this Agreement.

(b) Acceptance . Supplier’s acknowledgment of an order, delivery of Development Deliverables and/or Goods or performance of services will constitute acceptance of a Purchase Order.

(c) Terms . All Purchase Orders placed during the term of this Agreement will be subject to and governed by the terms and conditions of this Agreement, regardless of whether they reference this Agreement or whether the parties have executed an SOW specific to the Development Deliverables or Goods ordered, unless there is another signed, written agreement in place between the parties with respect to the Development Deliverables, Goods, or related services being purchased. Any different or additional terms or conditions in any proposal, acknowledgment form or any other document will be of no force or effect and will not become part of the agreement between the parties.

(a) Terms . Supplier will invoice Authorized Purchasers for any amounts owed by Authorized Purchasers. Except as provided elsewhere in this Agreement, payment terms of any invoices issued under this Agreement will be [*****] days from the date of invoice. With respect to Goods, Supplier will not issue an invoice before title to Goods transfers to the Authorized Purchaser. With respect to Development Deliverables and services, Supplier will not issue an invoice until payment is due in accordance with the Purchase Order or the applicable SOW.

(b) Disputed Invoices . Supplier must provide supporting documentation to the Authorized Purchaser for any disputed invoice within [*****] Business Days after receiving any such notice. If a

[*****] Certain portions denoted with an asterisk have been omitted and filed separately with the Securities and Exchange Commission. Confidential treatment has been requested with respect to the omitted portions.

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correction is warranted, the Authorized Purchaser will pay the corrected amount within [*****] days after receipt of the corrected invoice, or if the correction is reflected on the next regular invoice, within [*****] days after the date of that invoice. While the parties work to resolve good-faith disputes under this section, neither party will be deemed to be in breach of this Agreement.

(c) Written Claims . Supplier must submit invoices to Authorized Purchasers for cancellation charges, within [*****] Business Days after the charges arise, together with such reasonable evidence as the Authorized Purchaser may request supporting such claim. Failure to submit a claim within the foregoing specified period will constitute a waiver of the claim and a release of the Authorized Purchaser from all liability arising out of the cancellation.

(d) Method of Payment . Any payments due under this Agreement will be made by wire transfer to a bank account, designated by the receiving party by Notice, and in accordance with the requirements set forth in the document(s), if any, referenced in the Apple Requirements Document.

(e) Currency . All amounts payable will be specified and paid in United States Dollars.

8.3. Right to [*****]. [*****] may, from time to time, [*****] (regardless when payment is due) and [*****]. Notwithstanding the foregoing, no [*****] shall be made by Apple in connection with any amounts [*****] under this Agreement. Apple must give Supplier notice at least [*****] Business Days before any such [*****]. Supplier agrees that notice given will be effective even if a receiver, custodian, trustee, examiner, liquidator or similar official has been appointed for Supplier or any substantial portion of its assets. As used in this Section 8.3: (i) the terms “Apple” and “Supplier” include, in addition to the definition of these terms above, any individual, corporation, partnership, limited liability company, joint venture, association, trust, unincorporated organization or other business entity that controls, is controlled by, or is under common control with such party; and (ii) “control” means that the entity possesses, directly or indirectly, the power to direct or cause the direction of the management policies of the other entity, whether through ownership of voting securities, an interest in registered capital, by contract, or otherwise. The rights described in this Section 8.3 are in addition to any other rights and remedies available under this Agreement or applicable law, including the [*****].

8.4. Other Financial Requirements . Supplier will comply with the financial requirements set forth in the document(s), if any, referenced in the Apple Requirements Document.

9.1. Labeling . Supplier will label the Goods in accordance with applicable Specifications. Upon Apple’s request, Supplier will not use any trade name, trademark, logo, design, or numbers or characters on the Goods that may be used to identify Supplier as the manufacturer of the Goods. If Apple requires use of Apple Trademarks on the Goods, Supplier must reproduce such Apple Trademarks on each unit of Goods in accordance with the most current version of the Apple trademark guidelines, available upon request. Upon termination of this Agreement, Supplier must destroy or deliver to Apple all finished or unfinished Goods in its possession or control bearing any Apple Trademark, or must remove the Apple Trademark from such Goods in accordance with Apple’s instructions. Apple will provide Supplier with any Apple Trademark artwork as necessary. Upon request, Supplier shall provide Apple with samples of the labeled Goods to verify compliance with this Section 9.1

[*****] Certain portions denoted with an asterisk have been omitted and filed separately with the Securities and Exchange Commission. Confidential treatment has been requested with respect to the omitted portions.

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9.2. Packaging . All orders will be packaged and delivered in accordance with the applicable packaging requirements set forth in the applicable Purchase Order or SOW and in the document(s), if any, referenced in the Apple Requirements Document, or, in the absence of such requirements, the best method possible in accordance with good commercial practice and applicable regulations and laws.

9.3. Carriers . Supplier will use the freight carriers identified in the document(s), if any, referenced in the Apple Requirements Document, and in accordance with the requirements set forth therein, or in the absence of such documents, the providers selected by Supplier and approved by Apple via the Project Management System.

9.4. Importer of Record . When an Authorized Purchaser is the “Importer of Record” as specified in the applicable Purchase Order or SOW, Supplier will, at no charge, promptly forward to the Authorized Purchaser any documents the Authorized Purchaser may reasonably require to allow the Authorized Purchaser to clear the Development Deliverables or Goods through customs and/or obtain possession of the Development Deliverables or Goods at the port of entry.

9.5. Costs . Except for amounts due pursuant to a Purchase Order or SOW, Authorized Purchasers will not be responsible for [*****] in connection with Supplier’s obligations in this Section 9.

10. Intellectual Property Rights

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10.1. Intellectual Property Generally . As between the parties, the Intellectual Property in the Development Deliverables and Goods are comprised entirely of Apple Technology and/or Supplier Technology as set forth in this Agreement.

10.2. Apple Intellectual Property

Apple Technology . Apple and its licensors retain all right, title, and interest in Apple Technology.

License . Subject to Sections 10.2(b)and 10.2(c) below:

(A) Apple hereby grants to Supplier a non-exclusive, royalty-free, worldwide license to use, copy, modify, make derivative works of, manufacture, import, and distribute the Apple Technology to the extent necessary for Supplier to perform its obligations under this Agreement. Supplier agrees that it will not engage in, nor will it authorize others to engage in, the reverse engineering, disassembly or the decompilation of any Apple Technology except as required to perform its obligations under this Agreement.

(B) Supplier will not, at any time, have the right or license to, and agrees that it will not, without Apple’s prior written consent, manufacture, sell or otherwise distribute a device that was developed or manufactured using any Apple Technology, either for its own account or for any third party, or assist any third party in so doing except as required to perform its obligations under this Agreement. Supplier agrees that it will not engage in, nor will it authorize others to engage in, the reverse engineering, disassembly or the recompilation of any Apple Technology except as required to perform its obligations under this Agreement.

(iii) Supplier Feedback . If Supplier, at its discretion, provides Apple with any written ideas, suggestions, or recommendations for the modification, correction, improvement or enhancement of Apple Technology in a document signed by a Vice President of Supplier, including via email, and clearly

[*****] Certain portions denoted with an asterisk have been omitted and filed separately with the Securities and Exchange Commission. Confidential treatment has been requested with respect to the omitted portions.

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labeled “Audience Feedback” (collectively referred to as “ Supplier Licensed Feedback ”), then upon delivery of such Supplier Licensed Feedback and Apple’s written acknowledgement of its intent to use such Supplier Licensed Feedback, Supplier grants Apple a non-exclusive, irrevocable, worldwide, royalty-free license under Supplier’s Intellectual Property Rights in the Supplier Licensed Feedback, but only to the minimum extent necessary for Apple to enjoy such licenses, to use and disclose such Supplier Licensed Feedback in any manner Apple chooses, and to display, perform, copy, have copied, make, have made, use, sell, offer to sell, import, distribute, and otherwise dispose of Apple’s products embodying such Supplier Licensed Feedback in any manner, but without reference to Supplier being the source of such Supplier Licensed Feedback.

(b) Apple Software . In the event Apple provides Supplier any Apple Software, the following additional terms and conditions will apply to the use of the Apple Software:

(i) Supplier may make copies of the Apple Software only if reasonably necessary for performing Supplier’s obligations under this Agreement, including testing or installing the Apple Software. The license granted hereunder is not a license to incorporate the Apple Software into any product, board, module, integrated circuit, core or other assembly or device other than Development Deliverables and Goods, as applicable, or a license, expressly or by implication, estoppels, exhaustion or otherwise, under any Apple patents.

(ii) Supplier must retain and reproduce in all copies of the Apple Software the Apple copyright and other proprietary notices and disclaimers as they appear in the Apple Software, and keep intact all notices in the Apple Software that refer to the license granted hereunder.

(iii) Supplier agrees to make any bug fixes or work-arounds for any errors in the Apple Software (collectively, “ Error Corrections ”) available to Apple upon Apple’s request. Supplier hereby grants to Apple and its subsidiaries a non-exclusive, worldwide, royalty-free, perpetual and irrevocable license, under any intellectual property rights owned or controlled by Supplier, to use, reproduce, display, perform, modify or have modified (for Apple and/or any of its subsidiaries), sublicense and distribute such Error Corrections, in any form, through multiple tiers of distribution.

(iv) Upon Apple’s request, Supplier agrees to provide Apple with test results obtained through use of the Apple Software.

(v) THE APPLE SOFTWARE IS PROVIDED “AS IS” AND WITHOUT WARRANTY, UPGRADES OR SUPPORT OF ANY KIND AND APPLE EXPRESSLY DISCLAIMS ALL WARRANTIES AND/OR CONDITIONS, EXPRESS OR IMPLIED, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES AND/OR CONDITIONS OF MERCHANTABILITY, OF SATISFACTORY QUALITY, OF FITNESS FOR A PARTICULAR PURPOSE, OF ACCURACY, OF QUIET ENJOYMENT, AND NONINFRINGEMENT OF THIRD PARTY RIGHTS. APPLE DOES NOT WARRANT THAT THE FUNCTIONS CONTAINED IN THE APPLE SOFTWARE WILL MEET SUPPLIER’S REQUIREMENTS, THAT THE OPERATION OF THE APPLE SOFTWARE WILL BE UNINTERRUPTED OR ERROR-FREE, OR THAT DEFECTS IN THE APPLE SOFTWARE WILL BE CORRECTED. NO ORAL OR WRITTEN INFORMATION OR ADVICE GIVEN BY APPLE SHALL CREATE A WARRANTY.

[*****] Certain portions denoted with an asterisk have been omitted and filed separately with the Securities and Exchange Commission. Confidential treatment has been requested with respect to the omitted portions.

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(c) Apple Trademarks . Supplier will not use any Apple Trademarks for any purpose except to comply with its obligations under this Agreement or with Apple’s prior written consent. The goodwill derived from Supplier’s use of any Apple Trademarks inures exclusively to the benefit of and belongs to Apple. Supplier acknowledges Apple’s ownership of the Apple Trademarks and agrees not do anything inconsistent with Apple’s ownership of the Apple Trademarks, such as filing any trademark application for an identical or similar mark anywhere in the world. Any such trademark registrations that Supplier seeks to obtain will be deemed to be obtained for the benefit of Apple. APPLE LICENSES THE APPLE TRADEMARKS ON AN “AS-IS” BASIS AND EXPRESSLY DISCLAIMS ALL WARRANTIES EXPRESS OR IMPLIED, INCLUDING THE WARRANTY OF NON-INFRINGEMENT.

Supplier Intellectual Property

(a) Supplier Technology . Supplier and its licensors retain all right, title, and interest in Supplier Technology.

(i) If Supplier incorporates or uses any Supplier Technology in providing the Development Deliverables or the Goods hereunder, Supplier grants to Apple a non-exclusive, irrevocable, royalty-free, perpetual, worldwide license under Supplier’s Intellectual Property Rights in such Supplier Technology to use, sell, offer to sell, import, reproduce, display, perform, distribute, modify, compile, execute, make derivative works of, the Development Deliverables, Goods, and any modified versions or derivatives of any of the foregoing, solely as may be necessary to use and incorporate such Goods in Apple Products pursuant to this Agreement.

(ii) Except as expressly authorized under this Agreement , Apple shall not permit any third party to, (i) modify, disassemble, decompile, reverse engineer, rent, lease, loan, transfer, or make copies of the Supplier Technology, except to the extent that such activities may not be prohibited under applicable law; (ii) use the Supplier Technology for any third party or for any product other than Apple Products; (iii) provide commercial hosting services with the Supplier Technology; (iv) use the Supplier Technology beyond the quantity and type specified in this Section 10.3(b) or the Purchase Order; or (v) sublicense the Supplier Technology to any third party without prior written permission from Supplier. Notwithstanding the foregoing, Apple and Apple Affiliates may utilize a [*****], to copy and install Supplier Technology in an Apple Product on behalf of Apple. Notwithstanding the foregoing limitations, Apple and its third party subcontractors shall have the right to perform failure analysis, diagnose any defect or develop and perform tests and remedies for any defects in the Development Deliverables or Goods incorporated in Apple Products,

(iii) Except as expressly set forth in this Section, this Agreement does not grant or convey to Apple or any third party any right or license under any patent, copyright, trade secret, trademark or other intellectual property right of Supplier or its licensors, whether by implication, estoppel or otherwise. ALL RIGHTS NOT EXPRESSLY GRANTED HEREIN ARE RESERVED TO SUPPLIER OR ITS LICENSORS.

(c) Apple Feedback .

[*****] Certain portions denoted with an asterisk have been omitted and filed separately with the Securities and Exchange Commission. Confidential treatment has been requested with respect to the omitted portions.

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(i) If Apple, at its discretion, provides Supplier with any written ideas, suggestions, or recommendations for the modification, correction, improvement or enhancement of Supplier Technology in a document signed by a Vice President at Apple, including via email, and clearly labeled “Apple Feedback” (collectively referred to as “Apple Licensed Feedback”), then upon delivery of such Apple Licensed Feedback and Supplier’s written acknowledgement of its intent to use such Apple Licensed Feedback, in addition to the rights granted under Section 10.2 above, Apple grants Supplier a non-exclusive, irrevocable, worldwide, royalty-free license, including the right to sublicense, under Apple’s Intellectual Property Rights in the Apple Licensed Feedback, but only to the minimum extent necessary for Supplier to enjoy such licenses, to use and disclose such Apple Licensed Feedback in any manner Supplier chooses, and to display, perform, copy, have copied, make, have made, use, sell, offer to sell, import, distribute, and otherwise dispose of Supplier’s products embodying such Apple Licensed Feedback in any manner, but without reference to Apple being the source of such Apple Licensed Feedback.

(ii) Following a Change of Control of Supplier, the license granted with respect to Apple Licensed Feedback in this Section 10.3(c), with respect to the Goods specified in the applicable SOW, terminates as of the date Apple terminates such SOW for Supplier’s or its successor in interest’s willful and intentional cessation of supply or support of such Goods resulting in a material breach of this Agreement.

(d) Open Source Software . Supplier will not, without Apple’s express prior written consent, (i) incorporate, combine, or distribute with any Development Deliverables or the Goods, or any derivative thereof, any Public Software; or (ii) use Public Software in the development of Development Deliverables or the Goods, in such a way that would cause the Development Deliverables or the Goods, or any derivative thereof, to be subject to all or part of the license obligations or other intellectual property-related terms with respect to such Public Software, including the obligations that the Development Deliverables or the Goods, or any derivative thereof be disclosed or distributed as Source Code, be licensed for the purpose of making derivatives of such software, or be redistributed free of charge, contrary to the terms and conditions of this Agreement.

(e) Exclusivity . In consideration of Apple’s contributions to the development of the Goods, if any, and/or Apple’s use of the Goods in Apple products, and except as required to perform its obligations under this Agreement, Supplier agrees not to develop, create, implement, manufacture, market, sell, or otherwise distribute any Restricted Technology, if any, or assist any third party to do the same, during the period from the effective date of the applicable SOW until the earlier of (i) [*****] months after the date Supplier first ships Goods in volume to an Authorized Purchaser containing the Restricted Technology; or (ii) [*****] months after the effective date of the applicable SOW (“ Exclusivity Period ”).

(f) Supplier Reference Code . Upon Apple’s request, Supplier will promptly provide the latest versions of all Supplier Reference Code.

10.4. Intellectual Property Review Meetings . At least once each calendar year during the term of this Agreement, representatives of Apple and Supplier shall meet (“ IP Review Meeting ”) to discuss the designation of any Apple Licensed Feedback, Supplier Licensed Feedback, and/or Restricted Technology.

[*****] Certain portions denoted with an asterisk have been omitted and filed separately with the Securities and Exchange Commission. Confidential treatment has been requested with respect to the omitted portions.

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11.1. Definitions . For purposes of this Agreement, “ Confidential Information ” is defined as all information disclosed by one party (the “ Discloser ”) to the other (the “ Recipient ”) in connection with this Agreement, including the negotiation of this Agreement, its existence and the terms and conditions hereof, and information learned by Recipient from Discloser’s employees or agents, or through inspection of documents or other property in connection with this Agreement, whether disclosed by Discloser or accessed by Recipient from Discloser’s Information Systems. In addition, Confidential Information of Apple includes requests for information, proposals or quotations in connection with any future Development Deliverables or Goods, related documents, and the terms and conditions thereof, and the existence of any Development Deliverables or Goods, any information discerned from the inspection thereof, including their form, features and functionality. Notwithstanding anything to the contrary in the foregoing, “Confidential Information” of the Discloser does not include information that: (I) is now or subsequently becomes generally available to the public through no fault or breach on the part of Recipient; (ii) Recipient can demonstrate to have had rightfully in its possession prior to disclosure to Recipient by Discloser; (iii) is independently developed by Recipient without the use of any Confidential Information of Discloser; or (iv) Recipient rightfully obtains from a third party who has the right to transfer or disclose it to Recipient without limitation.

11.2. Non-Disclosure . During the period from the disclosure of any Confidential Information of Discloser until [*****] years thereafter, Recipient agrees: (i) to protect the Confidential Information of Discloser, using at least the same degree of care that it uses to protect its own confidential and proprietary information of similar importance, but no less than a reasonable degree of care; (ii) to use the Confidential Information of Discloser solely for the purpose of performing its obligations under this Agreement, and not to use the Confidential Information for any other purpose or for its own or any third party’s benefit without the express prior written consent of an authorized representative of Discloser in each instance; and (iii) not to disclose, publish, or disseminate Confidential Information of Discloser to anyone other than its Personnel who have a need to know the Confidential Information and who are bound by written agreement that prohibits unauthorized disclosure or use of the Confidential Information that is at least as protective of the Confidential Information as Recipient’s obligations hereunder. In addition, Recipient shall have the right to share the existence and nature of this Agreement with potential investors or acquirers for the sole purpose of performing due diligence in connection with potential investment or acquisition, provided such potential investors or acquirers are bound by written agreements that prohibit unauthorized disclosure or use of the Confidential Information that is at least as protective of the Confidential Information as Recipient’s obligations hereunder. Recipient may disclose Confidential Information of Discloser to the extent required by law, provided that Recipient shall make reasonable efforts to give Discloser notice of such requirement prior to any such disclosure and shall take reasonable steps to obtain protective treatment of the Confidential Information. Within three Business Days of receipt of Discloser’s written request, and at Discloser’s option, Recipient will either return to Discloser all tangible Confidential Information of Discloser, including but not limited to all electronic files, documentation, notes, plans, drawings, and copies thereof, or will provide Discloser with written certification that all such tangible Confidential Information has been destroyed. The parties also agree that if either party breaches any of its obligations under this Section 11, such breach will result in irreparable harm , and that either party may seek injunctive relief.

12.1. General Warranties . Supplier represents and warrants that: (i) it has the right to enter into this Agreement and its performance of this Agreement will be free and clear of liens and encumbrances; (ii) entering into this Agreement will not cause Supplier to breach any other written agreements to which it is a party; (iii) the Development Deliverables or Goods including any portion thereof or any intended combination with other hardware or software, or the sale, offer for sale, use, or importation thereof, does not infringe any patent, copyright, trademark, trade secret, or other proprietary right of a third party; (iv)

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all Specifications and Documentation provided by Supplier in connection with this Agreement will be complete and accurate; and (v) the Development Deliverables and Goods will not be misbranded or falsely labeled, advertised, or invoiced.

12.2. Product Warranties . Supplier represents and warrants that all Goods will: (i) be new and comprised of new materials when delivered (not including Service Units); (ii) be safe for any use that is consistent with applicable Specifications or that is reasonably foreseeable; (iii) conform to all applicable Specifications; (iv) be free from any defects during the Warranty Period; (v) comply with the requirements of Section 10.2(c) above with regard to Public Software; and (vi) comply with all applicable requirements pursuant to Sections 5.1, 5.2, and 5.3 above.