Document:

EX-10.17

 Exhibit 10.17 

[*] Indicates that certain information in this exhibit has been excluded because it is both (i) not material and (ii) would be competitively
harmful if publicly disclosed. 
 LICENSE AGREEMENT 

This License Agreement (the “Agreement”), effective on August 1, 2018 (the “Effective Date”), is entered into by and
among Robert Bosch LLC (“Bosch”), a Delaware limited liability company with its principal place of business located at 38000 Hills Tech Drive, Farmington Hills, MI 48331, U.S.A and SiTime Corporation (“SiTime”), a Delaware
corporation with a principal place of business located at 5451 Patrick Henry Drive, Santa Clara, CA 95054. Bosch and SiTime may be referred to collectively herein as the “Parties,” and each individually as a “Party.” 

RECITALS 
 WHEREAS Bosch
has obtained the right to sublicense certain intellectual property relating to the design and manufacture of [*] called [*], which can be used for, among other things, the [*] and [*] of [*] for timing applications. 

WHEREAS SiTime is in the business of developing and manufacturing resonators, oscillators, and other similar devices for timing applications
based on [*], and would like to obtain a sub-license to utilize certain Bosch intellectual property. 

WHEREAS the Parties agree to enter into an agreement, whereby Bosch shall grant SiTime a sub-license
to use certain intellectual property, under the terms and conditions set forth hereinafter. 
 NOW, THEREFORE, in consideration for the
mutual covenants, conditions and promises contained herein, and other good and valuable consideration, the sufficiency of which is hereby acknowledged, the Parties hereby agree as follows: 

 

	A.	 Definitions. 

1. “Affiliates” shall mean any entity which directly or indirectly controls, is controlled by, or is under common control with a
party to this Agreement; and as used herein “control”, “controls”, or “controlled” means: (a) fifty-one percent (51%) or more ownership or beneficial interest of income or
capital of such entity; (b) ownership of at least fifty-one percent (51%) of the voting power or voting equity; or (c) the ability to otherwise to direct or share management policies of such entity.

 2. The “Bosch Field” shall mean [*]. 

3. “[*]” shall mean [*]. 

4. “Confidential Information” shall mean: all nonpublic information relating disclosed by either Party, its Affiliates, or their
agents, directly or indirectly, in writing, orally or by inspection of premises or tangible objects to the other Party under the terms of this Agreement that is (a) marked confidential or proprietary, or (b) given the nature of the
information or the circumstances surrounding its disclosure, reasonably should be deemed confidential. Notwithstanding the foregoing, the Technology shall be deemed Bosch’s Confidential Information, whether or not marked or otherwise designated
as such. 
 5. “MEMS Component’’ shall mean the part of a Product that includes the [*] for [*], which contain or are
manufactured in whole or in part by using the Technology. In [*] (as defined in Section A.7 hereof), this is the resonator component and in [*] (as defined in Section A.7 hereof), this is the [*] resonator that is part of the Product. 

 6. “Patents” shall means all relevant patents and patent applications owned or
controlled by Bosch or its Affiliates that are identified in Exhibit 1, and any divisionals, continuations, continuations-in-part, reissues, re-examinations, substitutions, additions, extensions and foreign counterparts thereof. If it should arise that a patent Bosch and/or its Affiliates own and has the right to license without payment to third parties
reasonably should have been included in Exhibit 1, Bosch shall have the right to amend Exhibit 1 to include such patent. 
 7.
“Product’’ shall mean electronic timing components that are or contain a MEMS Component, limited to Products using [*], [*] and future versions of [*] and [*]. [*] are [*] and [*], which are two different components that can be [*] in
[*]. [*] are [*] and [*], which are [*] on [*] whereby the Product shall not contain [*]. 
 8. The “[*]” shall mean MEMS-based
[*], excluding [*]. For clarification, [*] includes [*], which are used to enhance the performance of the timing signal such as [*]. 
 9.
The “Technology’’ shall means Patents set out in Exhibit 1. 
  

	B.	 Sublicense Grant. 

1.    Bosch hereby grants SiTime a [*] sublicense under the Technology to develop, design, manufacture, have manufactured,
and use Products in [*] and to offer for sale, sell, import, export, and distribute such Products, whether alone or incorporated into other products or systems in [*] worldwide. The right to manufacture under the sublicense granted in Section (B)(1)
shall include the right to have manufactured MEMS Components. The sub-license contained herein includes all Patents identified in Exhibit 1. 

Contracts with manufacturers of MEMS Components other than Bosch (“Non-Bosch Manufacturers”) and its
Affiliates shall include provisions, which specify that such Non-Bosch Manufacturers shall use the Technology and/or Confidential Information solely for the manufacture of Products for SiTime. 

2.    Bosch grants to SiTime the [*] sub sublicense to grant to purchasers of the SiTime MEMS Component the right to use
the [*] and its foreign equivalents now existing or later recognized in any jurisdiction, and all divisions, continuations, renewals, reissuances, reexaminations, applications, registrations, and any extensions of the foregoing, now existing or
hereafter filed, issued or acquired, for the sole purpose of developing a compensation circuit for the SiTime MEMS Components and implementing the compensation circuit into an integrated circuit together with other functionalities, and to use and
sell such integrated circuit together with MEMS Components purchased from SiTime. 
 3.    SiTime shall require that Non-Bosch Manufacturers of the MEMS Components for the Products do not supply such Products to any third party and that such supplier is bound by confidentiality obligations at least as restrictive as those to which
SiTime is bound under the terms of this Agreement. SiTime shall [*] such Non-Bosch Manufacturers at least [*], and shall use reasonably diligent efforts to enforce such requirements if it becomes aware of any
breach. For purposes of clarification, the foregoing requirement not to supply to third parties shall not prohibit drop shipment of Products from the Manufacturers to SiTime customers. 

  
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 4.    All sublicense rights not expressly and specifically granted by
Bosch under this Agreement are hereby reserved by Bosch. 
  

	C.	 Compensation. 

1.    SiTime shall pay to Bosch [*] on top of the prices set forth in the Quotation for Wafer Products [*] & [*] set
forth in Exhibit 2 (the “Quotation”), for all wafers containing [*] for [*] SiTime purchases from Bosch (the “Wafer Products”), commencing January 1, 2019 until March 31, 2024. Excluded from this [*] are Wafer Products
used for i) [*] customers of SiTime who integrate the [*] resonators into their IC products and ii) potential future SiTime Products which do not use a [*] for compensating [*] and [*]. However, the aforementioned excluded Products shall not be
considered when calculating the Product Commitment values set forth in Section 4.8 (a) of the Amended and Restated Manufacturing Agreement of February 23, 2017 (the “Master Agreement’’). Within [*] after the end of each
[*], SiTime shall provide Bosch with a written report listing the amount of Wafer Products used for above listed businesses i. and ii. Bosch agrees to [*] the amount of [*] Wafer Product within [*] of receiving the written report. Bosch will deduct
this amount as credit from the next invoice payable, if no invoice is due during the next [*], Bosch shall pay SiTime within [*] of receiving the report. The [*] set forth herein shall not form the basis for SiTime to challenge [*] of [*] under
section 4.8 of the Master Agreement. Any challenge to [*] of [*] under 4.8 of the Master Agreement must be based solely on the [*] set forth in Exhibit 2. 

2.    SiTime shall pay Bosch a royalty fee of [*] for all Wafer Products that SiTime purchases from Non-Bosch Manufacturers or that SiTime manufactures itself from January 1, 2019 through March 31, 2024. 
  

	 	a.	 The royalty fee shall accrue on the date SiTime or a subcontractor of SiTime gains possession of the Wafer
Products. Within [*] after the end of each [*], SiTime shall provide Bosch with a written report accounting for all Non-Bosch Manufacturers from which it has purchased Wafer Products and account for the number
of Wafer Products purchased from each Non-Bosch Manufacturer or number of Waver Products manufactured itself to
                    . For periods where no Wafer Products have been purchased from
Non-Bosch Manufacturers “nil royalty reports” shall be submitted in lieu of the aforementioned report. 

  

	 	b.	 SiTime currently has not engaged any Non-Bosch Manufacturers for the
manufacture and/or production of Wafer Products. SiTime shall inform Bosch not later than [*] after release to production of any new Non-Bosch Manufacturers who have been engaged to manufacture and/or produce
Wafer Products for SiTime. [*] reporting of Wafer Products from Non-Bosch Manufacturers will start as described in Section C(2)(a) after such Non-Bosch Manufacturer
begins production of Wafer Products for SiTime, until then [*] reporting is sufficient. 

  

	 	c.	 Within [*] of receiving an invoice from Bosch, SiTime shall transfer by wire the resulting royalties into the
Bosch account located at Harris Bank, Acct#                    ,
ABA#                    ,
Swift#                    , or any other account designated in the invoice, stating in the remittance the number of the Agreement together with the
word “Royalties”. Costs and charges incurred by payments shall be borne solely and exclusively by SiTime. 

  
 3 

	 	d.	 SiTime shall keep separate records on Wafer Products purchased from
Non-Bosch Manufacturers showing in particular at what time SiTime or SiTime’s subcontractor gained possession of any and all Wafer Products. 

 

	 	e.	 For each royalty report under this Agreement, Bosch shall be entitled to have an [*], at its own expense and
subject to the conditions hereunder, the [*] relating to the [*] of such royalty reports, for a period of [*] after the due date of such royalty reports. Such [*] shall occur during normal business hours at SiTime’s offices and upon reasonable
notice from Bosch. Such [*] and the [*] shall be subject to a non-disclosure agreement reasonably acceptable to the Parties. In case such [*] reveal [*] by SiTime requiring [*] to Bosch, SiTime shall pay such
[*] to Bosch within [*] after the result of such [*] has been submitted to SiTime. In addition thereto SiTime shall bear the costs of such [*] provided the [*] to be paid by SiTime to Bosch exceeds [*] of the [*] paid by SiTime to Bosch for the [*].

 3.    Unless otherwise specified herein, all payments to be made by SiTime to Bosch shall be
without deduction for taxes and other duties. Notwithstanding the foregoing, any payments that are subject to taxes and/or duties that SiTime is required to deduct and withhold; SiTime shall deduct such amounts from the royalty and pay such amounts
to the governmental authority on behalf of Bosch. SiTime shall present evidence of the payment of such amounts to Bosch in the form of official receipts showing the amounts of taxes and/or other dues paid on Bosch’s behalf. 

 

	D.	 Warranty/Liability. 

1.    Bosch does not assume any warranty for the technical or economic success of the Products nor for the Products’
compliance with governmental regulations. 
 2.    SiTime shall defend and/or settle, at its own expense, any third
party claim or action brought against Bosch and/or its Affiliates, and hold Bosch and/or its Affiliates harmless from any liability and expenses connected therewith, including payment of reasonable attorney fees, arising from Products manufactured,
sold, or used by SiTime under this Agreement, excluding any claims arising from Bosch’s breach of representation, warranty, or covenant under this Agreement; and SiTime shall pay all damages, costs, and expenses attributable to such action,
provided that Bosch (a) notified SiTime promptly in writing of any such action; and (b) gave SiTime sole control of the defense and/or settlement of such action. For Products or MEMS Components supplied by Bosch the Parties may agree
otherwise under the respective purchase agreement. 
 3.    EXCEPT FOR ANY EXPRESS WARRANTIES SET FORTH HEREIN, NEITHER
PARTY MAKES ANY WARRANTIES IN CONNECTION WITH THIS AGREEMENT, WHETHER EXPRESS, IMPLIED, STATUTORY, OR OTHERWISE, INCLUDING WITHOUT LIMITATION ANY IMPLIED WARRANTY OF MERCHANTIBILITY, FITNESS FOR PARTICULAR PURPOSE OR
NON-INFRINGEMENT. 
 4.    EXCEPT FOR ANY BREACH OF CONFIDENTIALITY, COVENANT
NOT TO COMPETE, AND/OR UNAUTHORIZED ASSIGNMENT, OR FOR AMOUNTS AWARDED TO THIRD PARTIES COVERED BY THE INDEMNIFICATION PROVISIONS CONTAINED IN SECTION II(D)(3) OF THIS AGREEMENT, IN NO EVENT SHALL EITHER PARTY BE LIABLE TO THE OTHER PARTY FOR ANY
CONSEQUENTIAL, INCIDENTAL, SPECIAL, INDIRECT, 

  
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OR EXEMPLARY DAMAGES AIRISNG OUT OF OR RELATING TO THIS AGREEMENT, HOWEVER CAUSED AND UNDER ANY THEORY OF LIABILITY (INCLUDING NEGLIGENCE), EVEN IF SUCH PARTY HAS BEEN ADVISED OF THE POSSIBILITY
OF SUCH DAMAGES. 
  

	E.	 Marking/Designation. 

Unless otherwise specified, SiTime shall not distribute Products manufactured under or pursuant to this Agreement with Bosch and/or its
Affiliates’ name or trademark. 
  

	F.	 Confidentiality/Copyright. 

1.    The Parties shall treat as confidential all Confidential Information provided to it by the other Party. Neither Party
shall use such Confidential Information except as expressly set forth herein or as otherwise authorized in writing by the other Party. Each Party shall implement reasonable procedures to prohibit the disclosure, unauthorized duplication, misuse, or
removal of Confidential Information and shall not disclose such Confidential Information to any third party except as may be required in connection with the exercise of its rights under this Agreement and subject to confidentiality obligations at
least as protective as those set forth herein. Without limiting the foregoing, each of the Parties shall use the same degree of care that it uses to prevent the disclosure of its own confidential information of like importance to prevent the
disclosure of Confidential Information, and shall in any event use no less than reasonable procedures and a reasonable degree of care. 

2.    Notwithstanding the foregoing, neither Party shall have liability to the other with respect to any Confidential
Information of the other Party which is: (a) already known or in the possession of the other Party at the time of disclosure as shown by the other Party’s files and records prior to the time of disclosure, otherwise than as a result of any
improper act or omission; (b) or becomes public knowledge through no wrongful act of the other Party; (c) rightfully acquired from others who did not obtain it under obligation or confidentiality; (d) independently developed by an
employee, agent, or consultant of the other Party without reference to any Confidential Information; (e) approved for release by written authorization of the disclosing Party; or (f) disclosed pursuant to the order or requirement of a
court, administrative agency, or other governmental body, provided that the receiving Party provides reasonable advance notice thereof to the disclosing Party to enable it to seek a protective order or otherwise prevent such disclosure. 

3.    Neither Party shall disclose the terms and conditions contained in this Agreement and its exhibits to any third
party without the prior written consent of the other Party. However, the Parties may disclose the terms and conditions contained herein under the following limited circumstances: (a) if ordered to do so by any court, governmental body, and/or
as otherwise required by law; (b) to its legal counsel; (c) accountants, banks, financing sources, and their advisors, solely for purposes securing financing; (d) in connection with the enforcement of this Agreement or rights arising
hereunder; or (e) in connection with an actual or proposed merger, acquisition, or similar transaction, solely for use in connection with due diligence in connection with such a transaction. 

4.    Copyright on, and title to, the data and documents furnished to SiTime and any such copies made by SiTime, shall
remain with Bosch and/or its Affiliates. 
 5.    Copyright on, and title to, the data and documents furnished to Bosch
and/or its Affiliates and any such copies made by Bosch, shall remain with SiTime and/or its Affiliates. 

  
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	G.	 Maintenance, Defense, & Contesting of Sub-licensed
Patents 

 1.    Bosch hereby reserves the right to maintain and/or defend the Patents and to
prosecute infringement of the Patents, in its sole discretion. SiTime shall advise Bosch immediately of any infringement of the Patents of which it becomes aware. 

2.    In the event that either Party declines to enforce or defend the Patents, the other Party shall have the right, at
its sole cost and expense, to assume the enforcement or defense of the Patents in the Bosch Field or [*], as applicable. 
  

	H.	 Beginning and End of Agreement 

1.    This Agreement shall become effective on the Effective Date set forth herein. The Agreement shall have a term ending
after the expiration of the last Patent to expire. For the time after March 31, 2024, SiTime will no longer be responsible for the payment of any royalties hereunder. 

2. Any of the following shall constitute a “Default’’ by SiTime under the terms of this Agreement: (a) a material breach
of any of the terms and/or conditions contained herein; (b) SiTime files a petition under the bankruptcy code or any similar proceeding under state law, becomes insolvent, makes an assignment for the benefit of its creditors, has a receiver
appointed over its assets, or commences procedures for dissolution, liquidation, or winding up of the business; or (c) SiTime attempts to assign or otherwise transfer rights under this Agreement to a third Party in contravention of Section I(4)
herein below. 
 In the event of a Default by SiTime that is not cured within ninety (90) days in the case of H(2)(a), (b), and (c), or within fifteen
(15) days in all other cases of written notice thereof, Bosch shall have the right to terminate the Agreement, modify the field of use and the term of the sub-license granted, and/or claim all legal and
equitable remedies available. 
 3.    Neither Party shall be responsible for any delays or inability to perform any of
its obligations hereunder due to Force Majeure events. For purposes of this Agreement Force Majeure events shall include, but not be limited to: war, terrorism, civil commotion, strikes, lockouts, acts of God, transport catastrophes, embargoes,
governmental orders, or other similar circumstances not reasonably within the control of the Parties. In the event that a Party is unable to perform its obligations under this Agreement for more than one year due to a Force Majeure event, the other
Party may terminate this Agreement with three (3) months written notice and time to cure, without penalty to the other Party. 

4.    Upon the conclusion of this Agreement all rights granted to SiTime by Bosch hereunder shall expire. Upon the
conclusion of this Agreement, SiTime shall return to Bosch all Confidential Information received from Bosch and/or its Affiliates in connection with this Agreement or otherwise. In the alternative, SiTime may destroy such Confidential Information
and provide Bosch with a certificate of destruction reflecting same. 
 5.    In the event that this Agreement is
terminated for any reason whatsoever, all future and continuing rights and obligations hereunder shall cease and terminate immediately, except for the rights/obligations contained in Section F and the obligation to make reports and pay all sums
accrued hereunder. 

  
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	I.	 Miscellaneous Provisions. 

1.    This Agreement replaces all oral or written agreements entered into between the Parties regarding the Products, prior
to the signing of this Agreement. Modifications or supplements to this Agreement require a writing signed by both Parties to become legally binding. Notwithstanding the foregoing, the Master Agreement shall remain in full force and effect. 

2.    If any provision of this Agreement is deemed unenforceable, the balance of the Agreement shall be interpreted and
enforced to the greatest extent possible, as if the unenforceable provision or portion had never been a part of the Agreement. 

3.    Except in conjunction with a merger of SiTime with another entity or its sale to another entity of all or
substantially all of its assets, whereby such assignee provides Bosch with reasonably adequate assurances of continued performance of all SiTime obligations hereunder, this Agreement is personal to SiTime and SiTime shall not have the right to
assign or otherwise transfer this Agreement (or any right, sub-license, or obligation contained herein) to any third party without the prior written consent of Bosch, which shall not be unreasonably withheld.

 4.    This Agreement shall be governed and construed in accordance with the laws of the State of Michigan, without
regard to principles of conflict or choice of laws. The Parties hereby unconditionally and irrevocably agree to submit to the exclusive jurisdiction of the state and federal Courts located in the State of Michigan. 

5.    Except as otherwise contained herein, failure of either Party to enforce any of its rights contained herein shall
not constitute a waiver of such rights or of any other rights and shall not be construed as a waiver or relinquishment of any such provisions, rights, or remedies. 

6.    Headings in this Agreement are for reference only and shall not affect the meaning of the provisions. 

7.    This Agreement may be executed in one or more counterparts, each of which when executed shall be deemed to be an
original, but when taken together shall constitute one and the same agreement. 
 [The remainder of this page is left intentionally blank]

  
 7 

 THE PARTIES ACKNOWLEDGE THAT THEY HAVE READ, UNDERSTOOD, AND AGREED TO THE TERMS OF THIS AGREEMENT. 

IN WITNESS WHEREOF, this Agreement has been executed by the duly authorized representatives of each Party of as of the Effective Date. 

 

									
	ROBERT BOSCH LLC	 		 	ROBERT BOSCH LLC
					
	Signature:	 	 /s/ Mark Freeborough
	 		 	Signature:	 	 /s/ Timothy Frasier

	Name:	 	Mark Freeborough	 		 	Name:	 	Timothy Frasier
	Title:	 	Sales Director	 		 	Title:	 	President, North America
					
	Date:	 	August 1, 2018	 		 	Date:	 	August 1, 2018
				
	SiTIME CORPORATION	 		 		 	
					
	Signature:	 	 /s/ Rajesh Vashist
	 		 		 	
	Name:	 	Rajesh Vashist	 		 		 	
	Title:	 	CEO	 		 		 	
					
	Date:	 	August 1, 2018	 		 		 	

  
 8EX-10.18

 Exhibit 10.18 

[*] Indicates that certain information in this exhibit has been excluded because it is both (i) not material and (ii) would be competitively
harmful if publicly disclosed. 
 SITIME - BOSCH 

AMENDED AND RESTATED MANUFACTURING AGREEMENT 

This Amended and Restated Manufacturing Agreement (hereinafter the “Agreement”) is entered into as of 23 - Feb, 2017 (the
“Effective Date”), by and between SiTime Corporation, a Delaware corporation, having its principal place of business at 5451 Patrick Henry Drive Santa Clara, CA 95054, (“SiTime” or “Buyer”) and Robert Bosch LLC, a
Delaware limited liability company having its principal place of business at 38000 Hills Tech Drive, Farmington Hills, Michigan 48331 (“Bosch” or “Seller”). Buyer and Seller each may be referred to individually as a
“Party” or collectively as the “Parties.” 
 RECITALS 

WHEREAS, Buyer is engaged in, among other things, the business of developing, designing, manufacturing and selling integrated circuits and
wafers in the semiconductor marketplace; and 
 WHEREAS, Buyer is currently producing and in the process of designing and developing new
product line(s), including CMOS and MEMS products and devices in the semiconductor and related industries; and 
 WHEREAS, Seller and/or its
Affiliated Companies is (are) engaged in, among other things, the business of designing and manufacturing MEMS devices, and wafers; and 

WHEREAS, the Parties entered into a Manufacturing Agreement effective on June 5, 2009 (the “Original Agreement”), whereby
Seller supplies to Buyer certain Products manufactured using the [*] provided by Buyer and provides manufacturing Services (each as defined herein) for Buyer; and 

WHEREAS, the Parties desire to amend and restate the Original Agreement to lengthen the Term of the Agreement and incorporate certain other
clarifications and changes. 
 NOW, THEREFORE, in consideration of the mutual covenants and agreements of the Parties set forth below, and
for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the Parties hereby agree as follows: 

1.0    DEFINITIONS 

1.1    Acceptance: Products are considered accepted only after they have strictly met and complied with Wafer
Acceptance Criteria provided in this Agreement or in specific Purchase Specifications to be mutually agreed upon. Delivery, payment, shall not constitute Acceptance under the terms of this Agreement. 

1.2    Affiliated Company: means, any entity which controls, is controlled by or under common control with a Party.
For the purpose of this definition “controls, is controlled by or under common control” shall mean the possession, directly or indirectly, of the power to direct or cause the direction of the management and policies within, by contract or
through the ownership of voting securities, partnership, membership or similar interest. 
 1.3    Confidential
Information: means (a) patents, patent applications, trade secrets, inventions, discoveries, ideas, concepts, methods, techniques, “know-how,” processes, procedures, designs, devices,
drawings, materials, specifications, algorithms, software programs, software source documents, models, studies, data, documentation, diagrams, research, improvements, development plans, products, 

  
 Si-Time—Bosch: Master Agreement 

 
customer lists, pricing, sales and marketing plans, business forecasts, and financial information of or relating to the disclosing Party or similar information provided by disclosing Party, as
well as all copies, summaries, analyses, compilations, forecasts, studies or other documents prepared thereof by receiving Party or its employees, agents or representatives in connection with this Agreement (whether received in writing, orally,
visually, electronically, machine readable or other tangible form or by any other means and whether received before or after the date hereof);and (b) the terms, conditions and existence of this Agreement; provided, however, that
“Confidential Information” shall not include information that: (i) was or becomes generally known or available in the public domain through no fault of the receiving Party; (ii) was known at the time of disclosure and had already
been reduced to tangible form by the receiving Party at the time of disclosure and is not subject to restriction; (iii) was independently developed by the receiving Party without any use of the Confidential Information of the discloser and by
employees or other agents of the receiver who have not been exposed to the Confidential Information, provided that the receiver can demonstrate such independent development; (iv) becomes known to receiver from a source other than the discloser
without breach of this Agreement by receiver and in a manner which is otherwise not in violation of discloser’s rights; (v) is disclosed pursuant to the order or requirement of a court, administrative agency, or other government body;
provided that the receiver shall provide reasonable advance notice thereof to enable the discloser to seek a protective order or otherwise prevent such disclosure. 

1.4    Development Wafer(s): means (i) Wafers manufactured until the Parties mutually agree to [*] for the
certain Product Type and initiate Pre-Production Wafers, (ii) untested Wafer(s) that [*], (iii) Wafers of a new Product Type produced on [*] released only for different Product Type(s), or (iv) such
other Wafers that the Parties agree shall be classified as Development Wafers. 
 1.5    Die: means an individual
chip containing either a MEMS function, integrated circuit or both monolithic integrated. 
 1.6    Exhibits(s):
Documents containing information and specifications that are part and parcel of, and fully incorporated into, this Agreement. 

1.7    Facilities: the physical manufacturing facility of Seller’s Affiliated Company located at Reutlingen
Germany and such other facilities identified by Seller provided that the areas which are essential for production of the Products for Buyer have been qualified and approved by Buyer in writing. 

1.8    Forecast(s): The quantity of Products or Services that Buyer reasonably anticipates it may purchase during a
specified time to assist Seller with its planning as provided under this Agreement. 
 1.9    Intellectual
Property: All past, present and future intellectual property rights of a Party throughout the world, including all rights, title and interest in patents, patent applications, industrial designs, copyrights, mask works, trade secrets, technical “know-how”, moral rights, modifications and derivations of any of the foregoing, and all Inventions, discoveries, ideas, technology, design, processes, formulas, production methods, techniques, concepts
and embodied or incorporated in the Product, and the Confidential Information of a Party. Excluded shall be trademarks, names domains etc. 

1.10    Inventions: All discoveries, developments, designs, improvements, inventions, formulae, processes,
techniques, algorithms, designs, ideas, creations, works, processes, methods, computer programs, strategies, specific technical know how and data, whether or not patentable or registrable under patent, copyright or similar statutes anywhere in the
world, that are generated, created, conceived, reduced to practice or learned (collectively “created”) as a result of the work being performed under this Agreement, regardless of whether it is incorporated in the design or function of the
Products, or is created or discovered as part of the performance of Services, and all documentation associated therewith. 

  
 SiTime—Bosch:
Development and Manufacturing Agreement 
 Page 2 

 1.11    Lead-Time: The number of calendar weeks or calendar days,
representing the time from the date a Purchase Order is issued for Products and/or Service to the date the Products are provided for pick-up service ex Reutlingen. 

1.12    Lot: A group of Wafers which are processed simultaneously. Each Lot will be assigned a specific
alpha/numeric identification that distinguishes it from any other group that contains the same type of Die so that each Lot can be separately identified. 

1.13    Pre-Production Wafers: Wafers that have been manufactured with [*]
but the Product Type have not been Released to Production by both parties. The primary purpose of Pre-Production Wafer lots is to [*] needed to have a [*] Released to Production. Parties shall agree on a
preliminary ramp up specification/pre-production wafer specification for each Product Type. 

1.14    Product(s): means Wafers, which Seller produces, implements, and/or manufactures (or which is produced,
implemented and/or manufactured by Seller’s Affiliated Company on Seller’s behalf) and sells to Buyer as set forth in Exhibit A Section 1 of this Agreement. Products also include any documentation created by Seller and provided to
buyers of such Products. 
 1.15    [*]: The [*] is a [*] contributed by SiTime and proven adequate for [*] for
SiTime’s Products that will be used by Bosch to manufacture Buyer’s Products. 
 1.16    [*]
Specification: Detailed description and table of specification, attached hereto in Exhibit “E”. 

1.17    Production Wafers: Wafers manufactured and produced by [*] supplied by Buyer, to be finally and mutually
released by both parties, in full compliance with the [*] Specifications that is attached hereto in Exhibit “E”. 

1.18    Purchase Order: An order issued by Buyer to Seller for the Products, generally including, but not limited
to, the Products and/or Service descriptions, purchase price, quantities, delivery date, and delivery point. Buyer may issue blanket Purchase Orders or discrete Purchase Orders. 

1.19    Released to Production: [*] is deemed released to production by Buyer and Seller if Pre-Production Wafers are characterized and prove to be in compliance with the [*] Specification, using standard statistical criteria for [*] as described in Exhibit “E”, as mutually agreed by the Parties.

 1.20    Service(s): The work to be performed by Seller, including, but not limited to [*], [*], production,
Foundry Services (as defined in Exhibit “A” Section 2), and support, as set forth in the Exhibits to this Agreement. 

1.21    Statement of Work, or, Scope of Work: The document attached as Exhibit A to this Agreement describing the
work to be performed by Seller. 
 1.22    Product Type: means Products defined by a unique part number and
produced according to an unique specification (such as [*] and [*]). 
 1.23    Wafer: means [*] diameter silicon
wafer containing integrated circuits. The definition of Wafers includes Production Wafers, Pre-Production Wafers and Development Wafers. 

1.24    Wafer Acceptance Criteria: have the meaning provided in Exhibit “B”. 

  
 SiTime—Bosch:
Development and Manufacturing Agreement 
 Page 3 

 2.0    TERM AND SCOPE OF AGREEMENT 

2.1    This Agreement shall be effective for a period of ten (10) years from the Effective Date, unless terminated
earlier in accordance with Section 14 (the “Initial Term”). Unless otherwise terminated prior to expiration as provided herein, the Initial Term and any renewal term shall automatically renew unless one Party notifies the other of its
intent not to renew at least three (3) years prior to the expiration of the then-current term subject, however, to the provisions of this Agreement relating to amendment, modification and termination thereof. 

2.2    Buyer is permitted to submit Purchase Orders per Rolling Forecast (as defined in 12.1) and under consideration of
the Lead Times for deliveries to be fulfilled up to [*] after the written notice of termination of this Agreement by either party in accordance with section 14.1. Such Purchase Orders shall be filled upon acceptance in accordance with Section 4
hereof, or for such longer period as may be required to fulfill the Purchase Orders and delivery of the Products as set forth in the relevant Purchase Orders and mutually agreed upon between the parties. 

2.3    Buyer may also submit a Purchase Order representing a last time buy of a Product(s) (“Last Time Buy
Order”) up to [*] after the written notice of termination of this Agreement by either party in accordance with section 14.1 or [*] after any discontinuance of a Product Type (whichever is earlier), and Seller shall supply such Product(s) in
accordance with this Agreement. A Last Time Buy Order is limited to [*] in the [*] prior to the date of the Last Time Buy Order. Delivery of the Product(s) in a Last Time Buy Order will occur within [*] after the Last Time Buy Order is placed unless
the production of the parts ordered in the Last Time Buy reasonably requires a longer period or otherwise agreed between the Parties. 

2.4    Seller may discontinue a Product Type by [*] advance written notice to Buyer. Buyer may place Last Time Buy Orders
for discontinued Product Types according section to 2.3. Notwithstanding the first sentence of this Section 2.4, if the overall quantity of a [*] drops below [*] Wafers per [*] Seller is permitted to discontinue delivery [*] after notice of
discontinuation. 
 2.5    This Agreement is limited only to the supply of the specification of Products by SiTime and
manufacture of Products by Bosch. The terms and conditions contained herein or in any exhibit or attachment hereto (including, without limitation, all Scopes of Work or Statements of Work) shall, in all instances, be construed to apply only to such
Products. The Parties, however, may subsequently agree to extend the terms and conditions of this Agreement to the manufacture of Products by executing additional exhibits or attachments hereto expressly setting forth such intent. 

3.0    PRICING 

3.1    Accepted Pricing. All of Buyer’s Purchase Orders for Products and/or Services which are accepted by
Seller shall be filled at the prices set forth in the respective latest valid agreed to quotation. Such quote covers [*] of [*]. At [*] Bosch will submit a new quotation for the following [*] of [*]. For the avoidance of doubt [*] for [*] which are
already covered in the previous quote will stay the same in the new quote. 
 3.2    Cost Reduction Plans. The
Parties shall cooperate to develop and implement cost reduction plans for the Products. 
 3.3    Tooling Costs.
If requested [*] will require the Seller to incur additional tooling costs, the Parties shall negotiate the Wafer price impact of these extra costs in good faith. 

  
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 3.4    Pricing in U.S. Dollars. Unless otherwise mutually agreed
in a separate writing signed by both Parties, all prices pertaining to this Agreement shall be paid in U.S. dollars. 

3.5    Costs, Expenses and Investment of Resources. Except as otherwise set forth in this Agreement, each Party
understands and agrees that it shall be responsible for and shall bear its own costs and expenses arising from the performance of its obligations hereunder. 

3.6    Taxes. 

(a)    All applicable taxes, including, but not limited to, sales/use taxes, transaction privilege taxes, gross receipts
taxes, and other charges, such as duties, customs, tariffs, imposts, and government imposed surcharges, and such taxes and/or other charges shall be stated separately on Seller’s invoice to Buyer. Seller shall remit all such charges to the
appropriate tax authority on Buyer’s behalf, unless Buyer provides sufficient proof of tax exemption. 
 (b)    In
the event that Buyer is prohibited by law from making payments to Seller unless Buyer deducts or withholds taxes therefrom and remits such taxes to the local taxing jurisdiction, then Buyer shall duly withhold such taxes and shall pay to Seller the
remaining net amount after the taxes have been withheld. Buyer shall not be required to reimburse Seller for the amount of such taxes withheld. When property is delivered and/or Services are provided, or the benefit of Services occurs within
jurisdictions in which Seller’s collection and remittance of taxes is required by law, Seller shall have sole responsibility for payment of said taxes to the appropriate tax authorities. In the event Seller does not collect tax from Buyer, and
is subsequently audited by any tax authority, liability of Buyer will be limited to the tax assessment, with no reimbursement for penalty or interest charges. Each Party is responsible for its own respective income taxes or taxes based upon gross
revenues, including, but not limited to, business and occupation taxes. 
 4.0    PRODUCTION PLANNING, QUALIFICATION AND
MANUFACTURING 
 4.1    Engineering and Production Phase-In: If in
accordance with Section 2.5 the Parties agree to include additional Products or [*] or [*] of existing [*], then Buyer shall disclose to Seller the [*] and [*] Specification(s) (as set forth below in Section 4.1(d)) for Buyer’s
applicable Product Types. Buyer shall also provide Seller with the necessary information such as [*]. The Parties agree to cooperate and communicate on a regular basis to get Seller’s facility ready to produce and manufacture the Products. The
Parties agree to provide on-site engineer(s) if needed and/or as may be reasonably requested by a Party during the engineering and launch phase for such additional Product Types in order to efficiently bring
up production at Bosch. 
 (a)    Both Parties agree to respond to inquiries or reasonable requests for acknowledgement
or approval from other Party within [*] from receipt of request. The Parties agree to use commercially reasonable efforts to agree on any plan presented within [*] from presentation to the other party. 

(b)    [*] Specification. Seller shall run in pre-production mode until Seller
submits the [*] to Buyer for approval, which approval shall not be unreasonably withheld or delayed. Upon receipt of Buyer’s approval, the [*] shall be Released to Production and the Parties shall work together to timely implement and
effectuate such Release to Production and mutually agree on the final [*] Specifications. The Seller shall implement the [*] in strict compliance with and as specified in the [*] Specification; provided, however, that Seller may implement such
adjustments as necessary to fit Seller’s process. 

  
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 (c)    Buyer Initiated Release. In the event Seller does not deem the
[*] ready for Release to Production and Buyer instructs such Release to Production (“Buyer Initiated Release”), Seller shall nonetheless work with Buyer to implement and effectuate such Release to Production and Buyer hereby agrees to
reimburse Seller for all costs incurred arising out of such Buyer Initiated Release, as well as release, defend, indemnify and hold Seller, its affiliates, subsidiaries, agents, employees or contractors harmless from and against any and all damages,
claims, losses, demands, penalties, or liabilities and expenses (including attorneys’ fees) arising out of or in connection with the same. 

(d)    Seller and Buyer shall mutually approve and maintain [*] required for [*] to enable proper [*] leading to
structures fulfilling the [*] Specifications and [*]. 
 4.2    Production Planning. Buyer shall provide Seller
with a [*] rolling purchase Forecast for each Product Type according to the Seller’s [*] output. Buyer will update Forecast as described in Section 12.1(a). 

4.3    Purchase Agreement. Seller shall manufacture the Products in strict accordance with this Agreement and the
respective valid specification, subject to any engineering or process changes that are mutually agreed between the Parties. 

4.4    Seller Provided Design, Technology, Labor, Materials and Facilities. Unless otherwise agreed upon in writing
by the Parties to this Agreement, Seller shall provide all of the Facilities, tools, equipment, machines, process flow, manufacturing technology, labor, and material which are required according to Sellers opinion for the production of the Products
and Services. 
 4.5    Lead-times. Seller shall meet with Buyer on a regular basis (either face-to-face or via telephone conferences), unless otherwise agreed, to discuss and review options that Seller can implement to effect reductions in Lead-times to allow
improved flexibility in ordering and delivery. The agenda for each meeting will include identification of such options, and the schedules and status for implementation of such Lead-time options. Seller shall use commercially reasonable efforts to
implement any plans for reduction in Lead-times, including making demonstrated efforts to manage its supply chain to effect Lead-time reductions. 

4.6    [*] Specification Changes. [*] Specification changes shall be disclosed, investigated and mutually agreed to
by the Parties in writing prior to being implemented as provided in this Section 4.6. Bosch agrees that in the case of end-product quality or end-customer relevant
issues, SiTime shall control the approval of and make final decisions for major [*]. Buyer acknowledges and agrees that Seller may internally implement minor changes that do not materially impact the [*] Specification (e.g. [*]). If a [*] by Buyer
may cause an increase of cost, the implementation of such change is subject to the Parties approval. The Parties must agree upon on how to handle such additional costs before such [*] is implemented. 

4.7    [*] Records. Seller shall maintain, for a period of [*] from the date that any [*] was performed, accurate
records describing in detail such [*] on a [*] basis. Seller shall give Buyer the right, during the Seller’s normal business hours and upon reasonable notice, to inspect any of the Seller’s [*] documents, books, reports and/or records upon
reasonable request and mutual agreement. 
 4.8    Purchase and Manufacturing [*] Commitments. Bosch agrees to
supply, and Buyer agrees to source, Buyer’s [*] and [*] requirements for Products that are set forth in this Section 

(a)    Purchase Commitments. For each [*] during the Term of this Agreement, Buyer commits to purchase Products from
Seller in [*] that are [*] (the “Product Purchase Commitment”). The 

  
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Product Purchase Commitment shall be [*] for the [*] upon the occurrence of any of the following: (i) Seller’s delivery of the Products [*] more than [*] on [*] in a [*], and an
appropriate [*] has not been agreed to by the Parties and implemented by Seller within [*] after [*]; (ii) Buyer’s [*] for the Products exceeds Seller’s manufacturing capacity, provided that Seller shall have up to [*] to increase its
capacity so that Buyer’s [*] is [*] and the Product Purchasing Commitment shall only be [*] if this [*] has expired; or (iii) Seller’s [*] of the Product is not [*] with a bona fide [*] for [*] of Products from an alternative supplier
and Seller cannot prove the [*] within [*] after notice from Buyer. In order to invoke the foregoing clause (iii) for [*], Buyer is required to prove the [*] of Seller via [*]. If Seller subsequently makes a [*] for Products for which the
Product Purchase Commitment has been [*] due to [*], then the Product Purchase Commitment will be [*] within no more than [*] after such [*] issued. 

(b)    Manufacturing Commitments. With respect to the capacity requirement set forth in clause (ii) of
Section 4.8(a) above, Seller shall provide a [*] forecast. During the Term of this Agreement, Seller shall commit to the available capacity for [*] based on Buyer’s forecasted requirement of the Products. For the following [*] of the [*]
forecast, Seller shall provide a capacity forecast to Buyer, based on Buyer’s forecasted requirement of Products. If the forecasted capacity of Seller will not meet the forecasted requirement of Buyer, the Parties will negotiate and enter into
a written investment protection agreement limited to proprietary tools that are reasonably necessary to allow Seller to increase capacity in order to meet Buyer’s forecasted requirements 

4.9    Accelerated Supply. It is anticipated that an accelerated Lead Time may occasionally be required to serve
the needs of Buyer, and in such instances, Bosch shall, upon mutually agreed upon terms and conditions, use commercially reasonable efforts to accelerate the schedule of production for Products or Risk Wafers and/or [*] in order to meet Buyer’s
needs. Seller shall present to Buyer the conditions under which it can fulfill any request for accelerated Lead Times. 

4.10    Wafer Lead-Times. The Lead-Time for Pre-Production and Production
Wafers is as set forth in Exhibit “C”; the target Lead-time is also set forth in Exhibit “C”. Seller agrees that the target for Development Wafer Lead Times is as set forth in Exhibit “C” unless otherwise agreed. 

5.0    [*] IMPLEMENTATION 

5.1    Product Supply Schedule: The Parties agree that the attached Exhibit “D”, Product Supply Schedule,
applies to current Products and Services and is limited to the scope set forth in Section 2.3 hereof. For each new Product or new integration parties shall amend the agreement in writing. 

5.2    Joint Cooperation and Collaboration. Bosch and SiTime shall work together to implement [*] in accordance
with this Agreement and pursuant to the agreed upon Scopes of Work entered into between the Parties, and shall use commercially reasonable efforts to accomplish various mutually agreed upon milestones. Each party agrees to cooperate and work
together collaboratively as expeditiously as reasonably possible, in its discretion, with the other Party to undertake the implementation activities with the objective of completing the projects. The Parties shall discuss and review the status of
the implementation activities on at least a [*] basis. 
 5.3    Implementation Milestones and Schedule. The
achievement of milestones shall be the joint responsibility of the Parties. Each Party shall provide appropriate resources, as reflected in the Statement of Work, to complete the specific implementation on schedule. The program management team will
be primarily responsible to ensure that the implementation efforts proceed on schedule and will notify the project manager in the event of a significant delay in the implementation activities. The Parties shall take appropriate steps to address such
delays, which may include, without limitation: increasing the resources on the project, obtaining assistance from third parties, modifying the scope of the project, or modifying the schedule. 

  
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 5.4    Deliverables. The Parties shall exercise commercially
reasonable efforts to ensure that all deliverables conform to the acceptance criteria mutually agreed upon in the Statement of Work. The Project manager will send a notice to each Party describing any
non-conformance. Any non-conformities will be corrected as soon as possible and the deliverable will be further tested. The milestone will be deemed completed only upon
delivery of a conforming deliverable. 
 5.5    Progress Reports. Seller agrees to generate a progress report on
regular basis. Each report shall describe the status of the Project, including but not limited to: 
 (a)    Assessment
of the current Project schedule outlook in comparison to milestones; 
 (b)    Short description of technical problems,
issues or roadblocks encountered and identification of technical decisions that need to be made; 

(c)    Recommendations for resolving outstanding issues and making pending decisions; and 

(d)    Proposed recovery method for addressing any delays in the schedule. 

5.6    Cancellation of Implementation Projects for Convenience. If Buyer cancels a project, Seller shall
immediately stop incurring costs on that project and Buyer shall be liable to Seller for all costs incurred by Seller on that project up to the cancellation date and all costs resulting from the cancellation. 

5.7    Assumption of Risk. Each Party understands and acknowledges that, except as expressly provided herein, it
uses any technology delivered or licensed to it “AS IS” and at its own risk, without recourse against the other Party. 

6.0    WARRANTY 

6.1    Warranty and Remedies. Seller represents and warrants to Buyer that all Products provided by Seller hereunder
shall have been manufactured in accordance with the [*], in conformity with the [*] Specifications, and in accordance with all good industry practices customary for the semiconductor industry. This warranty lasts for [*] after Seller delivers the
Products. Seller does not warrant that the Products will be free from defects, be error-free, or operate in combinations with equipment, devices, software, systems or any other product. If, during [*], (a) Seller is notified, in writing and
promptly upon discovery, of any non-conformity in the Products, including a detailed description thereof, (b) such Products are returned to Seller, and (c) such Products are indeed non-conforming and not caused by accident, abuse, misuse, neglect, improper installation or packaging, repair or alteration by Buyer or Buyer’s customer, or improper testing or use contrary to any instructions
given by Seller (collectively, “Abuse or Misuse”), then Seller shall, at its option, either repair, replace, or credit Buyer for such non-conforming Products. Seller shall return any Products
repaired or replaced under this warranty to Buyer transportation prepaid, and shall reimburse Buyer for the transportation charges paid by the Buyer for returning such defective Products to Seller. The performance of this warranty shall not act to
extend the [*] warranty period for any Products repaired or replaced beyond that period applicable to such Products as originally delivered. Unless otherwise expressly agreed to the contrary by Seller and Buyer in writing prior to shipment, there is
no warranty for Pre-Production Wafers or Development Wafers. Buyer’s approval of Seller’s material or design shall not be deemed to be a waiver of the warranty obligations set forth in this Section,
nor will Buyer’s approval or Acceptance of any Products that do not meet the Specifications relieve Seller of its warranty obligations. Any waiver hereunder shall not be deemed to be a waiver of future enforcement of this Section. 

  
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 6.2    Authority. Each of the Parties hereto hereby
represents and warrants as follows: 
 (a)    this Agreement is a legal, valid and binding obligation of the party and
is enforceable against the Party; 
 (b)    the execution and delivery of this Agreement by the Party, and the
performance by the Party of the terms of this Agreement, do not conflict with, or result in, a violation of any agreement, instrument, order, writ, judgment or decree to which the Party, or any of its agents, is a Party or is subject; 

(c)    it has secured all licenses, consents and authorizations from third parties necessary in the performance of its
obligations hereunder. 
 6.3    Intellectual Property Representations: Each Party represents and warrants that
to the best of its knowledge, it owns or controls its respective Intellectual Property and that it has the right to grant the licenses granted under this Agreement. Buyer further represents and warrants that it has no knowledge that the making,
using or manufacturing, of the Products herein infringes the patent of any third party. Notwithstanding the above, each Party disclaims any warranty of validity or enforceability of any patents provided or used herein. The representations and
warranties in Section 5 of the License and Technical Assistance Agreement are hereby restated as of today’s date and incorporated by reference herein, as to Seller’s current processes, as used for the making, using, manufacturing or
having manufactured of the MEMS COMPONENTS (as defined in such License Agreement) manufactured under this Agreement in the [*] (as defined in such License Agreement). 

6.4    Compliance with Laws. Each Party represents and warrants that it shall perform the obligations under this
Agreement in a manner that complies with all applicable laws. Each Party shall cooperate with, and provide information to the other as may be reasonably requested to enable the other Party to comply with all applicable laws. Neither Seller nor any
of its subsidiaries will export/re-export any technical data, process, product, or service, directly or indirectly, to any country for which the U.S. government or any agency thereof requires an export license
or other government approval without first obtaining such license. In addition, Seller agrees not to provide foreign nationals from controlled countries as employees or contractors for work on any Buyer site. In complying with the laws, it is
understood and agreed that the Products shipped to all Buyer sites worldwide must be of a common configuration for use by all Buyer sites worldwide. The compliance with any and all product safety requirements described in the Agreement is in the
obligation of the Buyer. Any exception must be mutually agreed to and documented in a configuration specification as a site-specific option. 

6.5    DISCLAIMERS. EXCEPT FOR ANY EXPRESS WARRANTY SET FORTH IN THIS SECTION 6, NEITHER PARTY MAKES ANY WARRANTIES
IN CONNECTION WITH THIS AGREEMENT, WHETHER EXPRESS, IMPLIED, STATUTORY OR OTHERWISE, INCLUDING WITHOUT LIMITATION ANY IMPLIED WARRANTY OF MERCHANTABILITY OR FITNESS FOR PARTICULAR PURPOSE OR NON-INFRINGEMENT

 6.6    Survival. All of the above warranties and any indemnity obligations under this Agreement shall survive
any delivery, inspection, acceptance, payment, or resale of the Products. 

  
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 7.0    INSPECTION, PRODUCTION AUDIT AND ACCEPTANCE TESTING 

7.1    Inspection and Acceptance Testing 

(a)    Right to Monitor Production. Upon advance written notice and during business hours, Seller shall allow and cooperate
with foundry production audits from SiTime and/or SiTime’s customers, however limited to the areas and [*] which are relevant for this Agreement, during the term of this Agreement. The Parties shall agree upon the number of audits necessary
during [*] of the Products upon reasonable request and mutual agreement. Seller shall grant to Buyer and/or Buyer’s customers (a) the right to inspect and monitor production at the Facility, (b) the right to conduct quality audits of
the Facility, and (c) the right to perform monitoring tests (at Buyer) and to recommend disposition/corrective action, to the same extent, and subject to the same terms and conditions as from time to time deemed reasonably necessary by Buyer.

 (b)    Compliance to Agreement. Seller and Buyer shall be responsible for complying in all respects with the
requirements described in this Agreement. Seller shall not modify the agreed upon specifications for any Products or Service without the prior written approval of Buyer. 

(c)    Acceptance of Products. Wafer acceptance criteria is based on [*] and [*] as set forth in Exhibit B. If Buyer finds
products defective despite products being in accordance with these test criteria as set forth in Exhibit B, Buyer shall promptly notify Seller of defective Products. If the defectiveness can be attributed to a production error or a change from the
agreed upon [*] without informed consent, Buyer may reject the defective products. If Products are rejected by Buyer as not conforming to the Agreement within [*] of Delivery, then Buyer may give written notice to Seller of the failure. After [*]
after Delivery, Products will be deemed as accepted by Buyer. Buyer also agrees that the use of Products will be deemed as acceptance of Products. Seller shall have [*] from date of receipt of notice of
non-conformance to meet the acceptance criteria. If Products do not meet the acceptance criteria within [*] of Seller’s receipt of such notice. Buyer may in addition to all other rights and remedies, at
Buyer’s option, either: (i) return the Products for a full refund; or (ii) have the Products replaced with new Products as soon as possible of Buyer’s written election of such option, at Seller’s full risk and expense. 

8.0    PURCHASE ORDERS AND INVENTORY MANAGEMENT 

8.1    Submission of Purchase Orders. Subject to the provisions of Section 12.1(b) below, Buyer shall place
Purchase Orders preferably via EDI (Electronic Data Interface) for such quantities of Products according to the Forecasts. Purchase Orders shall include: (i) a description of the Products by part number and/or a description of the Service;
(ii) the quantity of the Products; (c) the price for the Products; (d) the Delivery Date or shipping schedule of Products, or the performance date or schedule of a Service; (e) the location to which the Products is to be shipped
and/or where the Service will be performed; and (f) transportation instructions. 
 (a)    To the extent that the
terms of any Purchase Order or any Seller’s corresponding quotation, order acknowledgment, or invoice conflict herewith, this Agreement shall be controlling unless both Seller and Buyer expressly agree to the contrary in writings and terms, as
may be appropriate under the circumstances. 
 (b)    Buyer shall not be obligated to issue Purchase Orders for any
Products or Services whatsoever, unless otherwise set forth in this Agreement. Buyer shall be responsible only for those Products and/or Services for which it has issued a Purchase Order under this Agreement, unless otherwise agreed in writing by
Buyer. 
 8.2    Acceptance of Purchase Orders. Seller shall send a written acceptance or rejection of a Purchase
Order issued by Buyer within a reasonable time after receipt thereof. A Purchase Order may only be accepted in writing, and Seller shall not be deemed to have accepted a Purchase Order if it fails to respond within a particular time period or by
virtue of commencing performance. As long as Buyer is submitting Purchase Orders consistent with the provisions set forth in this Agreement, Seller shall not unreasonably reject, withhold, condition or delay its acceptance of any Purchase Order(s).

  
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 9.0    INVOICING AND PAYMENT 

9.1    Payment. Payment is made when Buyer’s funds transfer. Payment of an invoice shall not constitute
Acceptance of the Products or Service. Buyer shall have the right to dispute invoices due to a good faith dispute of fees or invoices, or for non-conforming Services. 

9.2    Invoices. Original hard-copy invoices shall be mailed, delivered by courier, or if approved by Buyer,
submitted by EDI (Electronic Data Interface) or other approved web-based transmission. Invoices shall be net of any applicable discounts, penalties and/or credits, and shall include: purchase agreement number,
Purchase Order number, line item number, part number, complete bill to address, description of Products, quantities, Buyer part number, listing of and dates of the Services to be provided, unit prices and extended totals in U.S. dollars. Any
applicable taxes or other charges, such as transportation charges, duties, customs, tariffs, imposts, and government imposed surcharges, shall be identified and stated separately on Seller’s invoice. 

9.3    Payment Terms. Payment on all Products and Services shall be [*] (net of any applicable discounts,
penalties, and/or credits) within [*] after date of an accurate original invoice. 
 10.0    TERMINATION OF OR CHANGES TO PURCHASE
ORDERS 
 10.1    Termination for Convenience. Buyer may terminate any Purchase Order placed hereunder, in
whole or in part, prior to shipment for its sole convenience, by giving written notice of termination to Seller. If the cancellation occurs after the Seller has begun to incur costs for the Lot related to the cancelled Purchase Order, Buyer shall be
liable to Seller for the part price unless Buyer immediately withdraws its termination of the Purchase Order. 

10.2    Rescheduled Products. Buyer may reschedule any Purchase Orders prior to the “[*]” of Lead Time
for Product Types by providing written notice, which will take effect immediately upon receipt. Purchase Order quantities may be increased or decreased by Buyer by as much as [*] from the original quantities up to the Lead Time of the Product Types
prior to the expected shipping date. 
 11.0    CONTINGENCIES 

11.1    Force Majeure. Neither Party shall be responsible for its failure to perform due to causes beyond its
reasonable control such as acts of God, fire, theft, war, riot, embargoes or acts of civil or military authorities (collectively, “Force Majeure”). If delivery of Products or the performance of Services is to be delayed by such acts of
Force Majeure, Seller shall immediately notify Buyer in writing. If the delay is greater than [*] from the date of the notice, Buyer will have the option, in its sole discretion, to either (a) extend time of Delivery or performance; or
(b) terminate the uncompleted portion of the Purchase Order at no cost or liability of any nature to Buyer. 

12.0    FORECASTS, DELIVERY, AND PURCHASE ORDERS 

12.1    Forecasts. During the term of this Agreement Buyer shall provide to Seller in writing, on a [*] basis, a
rolling forecast (the “Rolling Forecast”) showing at least [*] of [*] of the required Products, with Product-mix shown by Product Type and divided into [*]. Buyer will update the [*] in the Rolling
Forecast each [*]. If Seller’s standard production lead time for a particular [*] or Product Type exceeds the Lead-Times required by Section 4.10, the Seller shall immediately notify Buyer of the additional lead time, and Buyer’s
Forecast with respect to such [*] or Product shall be done according to the agreed upon lead times. 

  
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 Seller shall, as reasonably required by Buyer, participate in Buyer’s forecasting
process, and Buyer may supply a rolling Forecast of required Delivery dates to the Seller at such times and for such periods as determined in the Agreement. 

The following provisions apply to raw materials for the Products. 

(a)    Based on the Rolling Forecast, Seller shall order raw materials for the Products according to the following terms:

 (i)    Seller shall maintain an average of [*] worth of inventory of raw materials for the Products, consistent with
the quantities in the Rolling Forecast. 
 (ii)    In addition to the inventory of raw materials maintained pursuant to
subsection 12.1(a), Seller shall have on average [*] worth of raw materials for the products on order with its respective raw materials supplier(s), consistent with the quantities in the Rolling Forecast. 

(b)    Seller shall use the raw materials on a “first in first out” (FIFO) basis. Following this principle and
under consideration of Buyer’s demand preferences, Seller will decide on the schedule to load raw material into production based on Buyer’s orders and Sellers’s available capacities. 

(c)    Seller shall provide to Buyer, on a [*] basis, a “Raw Material Aging Report” showing the stock entry date
and age in days [*] for raw materials ordered pursuant to this Agreement. Buyer shall promptly review the Raw Material Aging Report each [*]. 

(d)    In the event that raw materials ordered by Seller pursuant to this Agreement have not been used in production or
otherwise disposed of within [*] after receipt by Seller, Buyer shall select one of the two following options with respect to such raw materials: 

(i)    Buyback of raw materials. Buyer shall issue a purchase order to Bosch for the subject raw materials. The
purchase price for such raw materials shall be the total cost of ownership of Seller. As used in this Agreement, “total cost of ownership” shall include the purchase price of the raw materials, storage costs, shipping and packaging costs,
scrapping costs (if applicable), and other related costs. Upon issuance of the purchase order. Seller shall ship the subject raw materials to Buyer. The subject raw materials will not be reused at Seller or incorporated into the Products. 

(ii)    Scrap of raw materials. Buyer shall issue a purchase order to Seller for the subject raw materials. The
purchase price for such raw materials shall be the total cost of ownership of Seller. Upon issuance of the purchase order, Seller shall scrap the subject raw materials. 

Buyer is obligated to select one of these two options for all raw materials that have been in Seller’s possession for [*] or longer, as
shown in the Raw Material Aging Reports. If Buyer does not select one of these two options in writing within [*] after receipt of the applicable Raw Material Aging Report, Seller shall scrap the subject raw materials and Buyer shall be obligated to
pay Seller’s total cost of ownership for the subject raw materials. 
 12.2    Notice of Delays. Seller
shall notify Buyer as promptly as practicable, but in any event within 48 hours of normal business hours of becoming aware of a potential delay, if Seller is unable to make any scheduled Delivery of Products or perform Services as scheduled, and
state the reasons for such delay. Such notification by Seller shall not affect Buyer’s termination rights or other remedies under this Agreement. 

  
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 12.3    Shipping Terms. Products shall be shipped: [*] ([*]).
Title and risk of loss shall pass to Buyer upon delivery to Buyer’s specified carrier for shipment. 

12.4    Late Deliveries. Delivery made within [*] of the delivery dates specified in Purchase Orders and in
accordance with 12.3 “Shipping Terms” accepted by Seller are deemed timely delivery. Buyer shall not be entitled to damages or specific performance for any material failure by Seller to timely meet such delivery schedules when such failure
is the result of any act or omission of Buyer, its employees or Agents. For each [*] of late delivery a price reduction of [*] penalty will applied up to but not exceeding [*]. Late Deliveries of any Products shall be subject to special Purchase
Order cancelation rights of Buyer in accordance with the following: 
 (a)    Purchase Order cancelation. At
Buyer’s option, Buyer may cancel lots which are late delivery as defined above by written notice to the Seller. In this case the [*] as defined in the section 10.2 and the raw materials provisions in section 12.1(d) will not apply and Buyer
will not be obligated to pay for the late product or any associated shipping costs. Canceled lots shall be returned to Seller at Seller’s expense. 

12.5    Packaging and Ship Date. Seller shall package, or cause the packaging of, the Production Wafers, Pre-Production Wafers or Development Wafers for secure shipment according to good manufacturing practices in consideration of the method of shipment chosen, such as Wafer shipping box containing up to [*] (e.g.
[*]). The date of the bill of lading or other receipt issued by the carrier shall be proof of the date and fact of shipment of the Products, or Production Wafers, Pre-Production Wafers or Development Wafers.

 12.6    Partial Shipments. Partial shipments are allowed if approved by the Buyer, so long as full shipment of
the appropriate quantities is made by [*] of delivery dates specified in Purchase Orders accepted by Seller. Such partial shipments may be invoiced individually or in combination with all the other partial shipments made for the same Purchase
Orders. 
 Notwithstanding any contrary term of this Agreement, Seller is permitted to deliver quantities of Products that vary by up to [*] from the
quantities specified in the corresponding order issued by Buyer, and such quantities shall be deemed to satisfy Seller’s delivery obligations under this Agreement. 

12.7    Approved Changes. Configuration and other Buyer-requested or Buyer-approved changes that result in Delivery
Date changes will be reflected in a change order to the Purchase Order, showing the revised configuration and Delivery Dates. 

12.8    Delivery Not Acceptance. Delivery shall not constitute Acceptance of Products. 

13.0    OWNERSHIP AND BAILMENT RESPONSIBILITIES 

13.1    Ownership. Each Party owns the Intellectual Property contributed by such Party, unless otherwise agreed in
writing. 
 14.0    TERMINATION OF AGREEMENT 

14.1    Termination for Convenience. Subject to the below, either Party may, for any reason or for no reason
whatsoever, terminate this Agreement, in whole, or in part, upon providing three (3) years advance written notice to the other Party. A Party’s right to exercise its termination rights under this Section 14.1 shall not be available
until after seven (7) years from the Effective Date. 

  
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 14.2    Termination for Cause. Either Party may suspend its
performance and/or terminate this Agreement or any Purchase Order immediately upon written notice at any time if: 

(a)    The other Party is in material breach of any warranty, term, condition or covenant of this Agreement, other than
those contained in the confidentiality terms of this Agreement, and fails to cure that breach within thirty (30) days after written notice of that breach; 

(b)    The other Party breaches the confidentiality terms of this Agreement; or 

(c)    The other Party: (i) becomes insolvent (under Chapter 7 or Chapter 11 under the U.S. code); (ii) fails to pay
its debts or perform its obligations in the ordinary course of business as they mature; (iii) admits in writing its insolvency or inability to pay its debts or perform its obligations as they mature; (iv) dissolves, liquidates, or ceases
to conduct business; or (v) makes an assignment for the benefit of creditors. 
 14.3    Effect of
Termination. Upon termination of this Agreement for any reason other than due to uncured default by Buyer, unless otherwise agreed to by Buyer in writing, Seller shall remain obligated to satisfy, complete and fulfill any and all pending or open
Purchase Orders submitted by Buyer; 
 At Buyers option, upon termination of this Agreement, Seller shall, to the extent and at times specified by Buyer,
stop all work on outstanding Products, incur no further direct cost, and protect all property in which Buyer has or may acquire an interest pursuant to the terms of this Agreement; 

If Services are included in this Agreement and have been paid for by Buyer, Seller shall reimburse Buyer for Services not performed; 

If this Agreement is terminated by Buyer for cause, then Buyer, in addition to any other rights provided herein, may require Seller to deliver to Buyer any
completed Products; 
 Upon expiration or termination of this Agreement, Buyer shall pay Seller for all Services performed through the effective date of
expiration or termination, including any Service completed by Seller thereafter at Buyer’s request, as well as all materials in Seller’s possession for performance of its obligations under this Agreement. For completed Products(s)
delivered to and ordered by Buyer, payments will be in an amount agreed upon by Seller and Buyer, not to exceed the contract price specified in the applicable Purchase Order. However, Seller’s obligation hereunder to carry out Buyer’s
directions as to protection and preservation will not be contingent upon prior agreement as to such amount. Seller will promptly present Buyer with its assessment of the completed Products and materials delivered to Buyer. In the event Buyer does
not agree with Seller’s assessment, Buyer will present its own assessment to Seller, and the Parties will negotiate in good faith to resolve the difference; and 

Promptly upon the termination of this Agreement for any reason, the Parties shall return to the other Party or destroy any and all Confidential Information
received from the other Party, including, without limitation, all specifications, models, prototypes, samples, mask works, as-built drawings or information, and other technical data related to the Buyer and/or
its Products, and all copies thereof, in the possession, custody or control of the receiving Party as far as in compliance with the laws. 

  
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 15.0    CONFIDENTIALITY 

15.1    Confidential Information. During the course of this Agreement, either Party may have or may be provided access to
the other’s Confidential Information and materials. If information and materials are marked in a manner reasonably intended to make the recipient aware, or the recipient is sent written notice within thirty (30) days of disclosure, that
the information and materials are “Confidential”, each Party agrees to maintain such information in accordance with the terms of this Agreement and any separate nondisclosure agreement between Buyer and Seller. At a minimum, each Party
agrees to maintain such Confidential Information in strict confidence and limit disclosure on a ‘need to know basis’, shall implement reasonable procedures to prohibit disclosure, and take all reasonable precautions to prevent unauthorized
disclosure, and treat such Confidential Information as it treats its own information of a similar nature and with no less than reasonable care, until the Confidential Information becomes rightfully available to the public through no fault of the
recipient. Neither Party shall disclose to any third party (except the other Party’s employees and contractors, on a need to know basis) the other party’s Confidential Information without such other Party’s prior written consent. Each
Party shall ensure that all of its contractors who may have access to the other party’s Confidential Information are bound by written agreements containing restrictions on use and disclosure substantially similar to the confidentiality
restrictions contained in this Agreement before being provided access to such Confidential Information. The Parties shall not use any of the other Party’s Confidential Information for purposes other than those purposes that are necessary to
directly further the purposes of this Agreement. Employees and contractors of each of the Parties who access the other Party’s facilities may be required to sign a separate access agreement prior to admittance to such facilities. Upon the
earlier of (a) termination of this Agreement; and (b) request by the disclosing Party, each Party will return to the other Party all Confidential Information (including copies thereof) of the other Party, or, pursuant to the other
Party’s written instructions, destroy all materials in its possession containing Confidential Information of the other Party, and provide a certificate of destruction. Returned Confidential Information shall be shipped freight collect. 

16.0    INTELLECTUAL PROPERTY OWNERSHIP AND LICENSE GRANTS 

16.1    Ownership and Grant of License. Each Party shall retain all rights, titles and interest in and to its
Intellectual Property and improvements thereto, and all other Intellectual Property which is made, created, conceived, developed, or reduced to practice by such Party herein or its employees without reference or use of any Intellectual Property or
improvements of the other Party. SiTime hereby grants to Bosch, throughout the term of this Agreement, a limited, non-transferable non-exclusive, royalty-free license to
use SiTime’s Intellectual Property and SiTime’s improvements thereto, associated therewith (collectively, the “SiTime Rights”), for the limited and sole purpose of performing the manufacturing work under this agreement or
purchase agreements with SiTime. All other rights to use Intellectual Property rights of the other Party have been agreed upon under the License and Technical Agreement dated December 1st, 2004.

 16.2    Joint Results, Improvements or Inventions; Disclosure of Bosch Sole Developments 

Any and all joint results, improvements or inventions, patentable or not, jointly made by the Parties during the course of performing their obligations
hereunder, shall be joint property of the Parties. Results, improvements or inventions shall be deemed jointly made if employees of SiTime and Bosch contribute to the development work for such result, improvement or invention and such contribution
is not insignificant with respect to the contribution of the employee(s) of the other Party. Each Party hereby assigns to the other Party a one-half undivided interest in and to such joint results,
improvements or inventions made by the Parties in accordance with this Section 16.2. 

  
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 As regards jointly made results, improvements or inventions the Parties shall jointly determine
(1) whether an application for an intellectual property right shall be filed, (2) the Party who will file such application, and (3) the countries in which such application is to be filed. The expenses of such application and of the
maintenance of the intellectual property rights shall be borne by the Parties in equal parts. Either Party and its Affiliated Companies shall have the right to use such intellectual property right without payment to the other Party. 

Licenses of any joint result, improvement or invention to be made by one Party to a third party which is not an Affiliated Company, require the prior written
approval of the other Party. For clarity, the foregoing restriction applies solely to licenses granted to a third party for use by such third party for its own benefit and does not restrict a Party from granting licenses to its customers or to a
third party for use on behalf of such Party (e.g., manufacturer, contractor, distributor). If a Party is not or no longer prepared to participate in the application or maintenance of intellectual property rights for joint results, improvements or
inventions, the other Party shall be entitled to the sole ownership of such intellectual property right; the first mentioned Party and their Affiliated Companies retain the right to use such intellectual property right without any payment to the
other Party and without limitation in time. The same applies if a Party is not or no longer prepared to apply for or maintain an intellectual property right in a particular country. Each Party agrees to take such action and execute such documents as
are requested by the other Party to effect the provisions of this Section 16.2 including, without limitation, providing documents in such recordable form as is deemed required or necessary by each Party. 

With respect to any modification ([*]) of the [*] transferred by SiTime to Bosch which Bosch shall make during the implementation of the [*] and during the
supply of SiTime with the Product and for which a patent application has been or is intended to be filed and that is not currently licensed to SiTime under the License and Technical Agreement and is not jointly owned by the Parties pursuant to this
Section 16.2 (“New Bosch IP”), Bosch shall: (i) inform SiTime of such New Bosch IP to allow SiTime to decide whether the New Bosch IP shall be used for the Product manufactured by Bosch, and (ii) subject to such modification
has been released by SiTime for Products manufactured by Bosch and upon SiTime’s request, Bosch will enter into good faith negotiations to license such New Bosch IP to SiTime for use by SiTime with such Product in the [*] (as defined in the
License and Technical Assistance Agreement) including the right to have manufactured the Product for supply to SiTime under reasonable terms and conditions. For clarity, Bosch shall not use any New Bosch IP with respect to the manufacturing of the
Products without SiTime’s prior written agreement to such use. 
 17.0    CUSTOMS CLEARANCE 

Upon Buyer’s request, Seller, at Seller’s expense, shall promptly provide Buyer with a statement of origin for all Products and with applicable
customs documentation for Products wholly or partially manufactured outside of the country of import. Customs documentation includes, but is not limited to: (a) Certificates of Delivery (“CD”) for Products which were imported into the
United States by Seller and sold directly to Buyer as imported goods; or (b) Certificates of Manufacture and Delivery (“CMD”) for Products which were imported and then further manufactured by Seller and sold directly to Buyer. The CD
or CMD shall be used only for the purpose of obtaining duty drawbacks. Descriptions of merchandise on each CD or CMD must reference both Buyer’s and Seller’s part numbers. 

18.0    GENERAL INDEMNIFICATION 

18.1    Indemnification. Each Party hereby agrees to defend, indemnify and hold the other Party, its affiliates,
subsidiaries, agents, employees or contractors harmless from and against any and all third party claims, and all damages, claims, losses, demands, penalties, or liabilities and expenses (including reasonable attorneys’ fees) attributable
thereto, arising out of or in connection with the performance of 

  
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this Agreement (or lack thereof), including but not limited to third party claims regarding intellectual property infringement, claims that result in death or bodily injury to any person,
destruction or damage to any property, contamination of or adverse effects on the environment and any clean up costs in connection therewith, or any violation of governmental law, regulation, or orders, to the extent caused, by (a) a
Party’s breach of any term or provision of this Agreement; or (b) any negligent act, errors or omission of the other Party, its affiliates, subsidiaries, agents, employees or subcontractors in the performance of Services under this
Agreement. The indemnification obligations set forth herein are conditioned upon a Party notifying the other Party in writing of any such claim or action, and giving the indemnifying Party sole control of the defense and/or settlement of such
action. 
 19.0    INDEPENDENT CONTRACTOR 

In performing Services under this Agreement, Seller shall be deemed an independent contractor. Its personnel and other representatives shall not be deemed
agents or employees of Buyer. As an independent contractor, Seller will be solely responsible for determining the means and methods of its performance under this Agreement. Nothing contained in this Agreement or in any Statement of Work shall be
construed to create or imply a joint venture, partnership, principal-agent or employment relationship between the Parties or between Seller’s and Buyer’s employees. Seller shall have complete charge and responsibility for personnel
employed by Seller. Neither party shall have any right, power, or authority, express or implied, to bind the other. 
 20.0    ENTIRE
AGREEMENT, MODIFICATION, WAIVER, REMEDIES AND SEVERABILITY, LIMITATION ON LIABILITY 
 20.1    Entire
Agreement/Modifications. This Agreement, including any Exhibits and amendments hereto, contains the entire understanding between Buyer and Seller with respect to the subject matter hereof, and supersedes the Original Agreement and all other
prior and contemporaneous agreements, dealings and negotiations, except for (i) the License and Technical Assistance Agreement, (ii) the Agreement Regarding [*] for [*] for Ramp-up of [*] including
the amendments, (iii) the Agreement Regarding [*] for [*] for Ramp-up of [*] including the amendments, (vi) active [*] and [*] for the Products (Including [*]), which shall remain binding, in full
force and affect. For the avoidance of doubt, the Original Agreement is hereby canceled and shall have no further effect. No modification, alteration, supplement or amendment shall be effective or binding unless made in writing, dated and signed by
duly authorized representatives of both Parties. 
 20.2    Waivers. No waiver of any breach hereof shall be held
to be a waiver of any other or subsequent breach. If either party should choose not to enforce any provision of this Agreement at any time, such waiver shall not bar subsequent enforcement of such provision at a later time. 

20.3    Severability. Should any provision of this Agreement be determined by a court of competent jurisdiction to
be invalid, illegal, or unenforceable, such determination shall not affect or invalidate the whole of this Agreement or the validity of the remaining provisions. Any invalid condition shall much rather be replaced by a reasonable provision which is
permissible under the law and which comes closest to the economical intent of the original provision. 

20.4    Limitation on Liability. 

SUBJECT TO THE INDEMNIFICATION AND CONFIDENTIALITY OBLIGATIONS UNDER THIS AGREEMENT, NEITHER PARTY SHALL BE LIABLE FOR ANY SPECIAL INCIDENTAL, INDIRECT,
EXEMPLARY, PUNITIVE OR CONSEQUENTIAL DAMAGES ARISING OUT OF OR RELATING TO THIS AGREEMENT (INCLUDING LOST PROFITS OR LOSS OF BUSINESS) HOWEVER CAUSED AND UNDER ANY THEORY OF LIABILITY (INCLUDING NEGLIGENCE), EVEN IF SUCH PARTY HAS BEEN ADVISED OF
THE POSSIBILITY OF SUCH DAMAGES. 

  
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 In no event shall Sellers’s cumulative liability to Buyer for all claims arising out of or related to
this Agreement during a calendar year exceed $5,000,000 (five million U.S. dollars), whether such liability is based on breach of contract, breach of warranty, tort, strict liability, or any other basis. In the event that the annual revenue for
wafer business between SiTime and Bosch exceeds $10,000,000 (ten million U.S. dollars), the parties will negotiate in good faith to agree on a revised limitation of liability, which agreement shall be set forth in a writing signed by both Parties.

 21.0    ASSIGNMENT 

Neither Party may assign or factor any rights in, nor delegate any obligations under this Agreement or any portion thereof, without the written
consent of the other Party. A change in control of a Party, whether by transfer of stock or assets, merger, consolidation or otherwise shall be deemed an assignment hereunder. An assignment by Bosch to an Affiliated Company shall be deemed no
assignment hereunder. An assignment by SiTime to a Permitted Acquirer according to the License and Technical Assistance Agreement shall be deemed no assignment hereunder; provided, that an initial public offering (IPO) of Buyer shall not be
considered a change of control or assignment for purposes of this Agreement. Any attempted assignment in violation of the provisions of this Section will be void and shall constitute material breach of this Agreement for purposes of
Section 14.2(a) above. SiTime shall inform Bosch immediately upon any change of control of SiTime. 
 22.0    APPLICABLE LAW

 This Agreement shall be construed and interpreted in accordance with the laws of the State of California, excluding California’s
conflicts of law provisions. The provisions of the United Nations Convention on Contracts for the International Sale of Goods shall not apply to this Agreement. The Parties agree that the predominance of this Agreement is the sale of goods, and
agree that the California version of the Uniform Commercial Code, Article 2, shall be applicable to this Agreement. 

23.0    DISPUTE RESOLUTION 

All disputes arising directly under the express terms of this Agreement or the grounds for termination thereof shall be resolved as follows:
The senior management of both Parties shall meet to attempt to resolve such disputes. If the disputes cannot be resolved by the senior management, either Party may make a written demand for formal dispute resolution and specify therein the scope of
the dispute. Within thirty (30) days after such written notification, the Parties agree to meet for one (1) day with an impartial mediator and consider dispute resolution alternatives other than litigation, including referral to the
National Patent Board. 
 24.0    NOTICE 

Unless otherwise agreed in writing by the Parties, all notices to SiTime Corporation and Bosch regarding this Agreement shall be sent as
follows. For SiTime Corporation, send to Vice President of Operations, and to the SiTime Corporation, Corporate Controller, at the address listed below. For Bosch, send to Sales Manager and Sales Director at the address listed below. Notices are to
be sent via mail courier and notices are effective upon receipt. 
  

			
	 SiTime Corporation
 5451 Patrick Henry Dr.

Santa Clara, CA 95054
	  	 Robert Bosch LLC
 15000 N. Haggerty Rd.

Plymouth, MI 48170

  
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 25.0    SURVIVAL 

The following Sections of this Agreement shall survive any expiration or termination hereof: 6 (Warranty), 14.3 (Effect of Termination), 15
(Confidentiality), 16 (Intellectual Property Ownership and License Grants), 18 (General Indemnification), 20.4 (Limitation of Liability) and 21 (Assignment). In addition, any right or legal obligation of a Party contained in any amendment,
Agreement, other Exhibit, or a Statement of Work, which by its express term or nature extends for a period beyond the term of this Agreement, shall also survive the termination or expiration of this Agreement for such extended period. 

(SIGNATURE PAGE FOLLOWS) 

  
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 IN WITNESS WHEREOF, the parties have caused this Agreement to be executed by their duly
authorized representatives in Santa Clara, California, on the final date set forth below. 
  

									
	SITIME CORPORATION	 		 	ROBERT BOSCH LLC
					
	Signed:	 	 /s/ Rajesh
Vashist                                        
            
	 		 	Signed:	 	 /s/ Mark Freeborough

	By:	 	Rajesh Vashist	 		 	By:	 	Mark Freeborough
	Title:	 	CEO	 		 	Title:	 	Sales Director
					
	Date:	 	23rd February 2017	 		 	Date:	 	15-Feb-2017
					
		 		 		 	Signed:	 	 /s/ Timothy Frasier

		 		 		 	By:	 	Timothy Frasier
		 		 		 	Title:	 	Sr. VP Automotive Electronics
					
		 		 		 	Date:	 	2/15/2017

  
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