Document:

EX-10.16

 Exhibit 10.16 

SPECIFIC TERMS IN THIS EXHIBIT HAVE BEEN REDACTED BECAUSE CONFIDENTIAL TREATMENT FOR THOSE TERMS HAS BEEN REQUESTED. THE REDACTED MATERIAL HAS BEEN
SEPARATELY FILED WITH THE SECURITIES AND EXCHANGE COMMISSION, AND THE TERMS HAVE BEEN MARKED AT THE APPROPRIATE PLACE WITH THREE ASTERISKS [***]. 

MASTER MANUFACTURING AGREEMENT 

This Master Manufacturing Agreement (this “Agreement”) is made as of June 27, 2012 (the “Effective
Date”), by and between Square, Inc., a Delaware corporation with offices at 901 Mission Street, San Francisco, CA 94103 (“Customer”), and Cheng Uei Precision Industry Co., Ltd., a Taiwan corporation with offices
at No. 18 Chung Shan Road, Tu Cheng District, New Taipei City 236, Taiwan, R.O.C. (“Supplier”). Customer and Supplier are each referred to as a “Party” and are collectively referred to as the
“Parties.” 
 RECITALS 

A. Supplier is in the business of manufacturing, testing, and selling certain hardware products. 

B. Customer and Supplier desire to have Supplier manufacture, test, and sell to Customer certain of Supplier’s hardware products, subject
to and in accordance with the terms and conditions of this Agreement. 
 NOW THEREFORE, in consideration of the mutual promises contained
herein and for other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the Parties agree as follows: 

1. DEFINITIONS 

1.1. “Affiliate” means, with respect to any entity, any other entity that controls, is controlled by or
is under common control with such entity, for so long as such control exists. For the purposes of this definition, the word “control” (including, with correlative meaning, the terms “controlled by” or “under the common
control with”) means the actual power, either directly or indirectly through one or more intermediaries, to direct or cause the direction of the management and policies of such entity, whether by the ownership of more than fifty percent
(50%) of the voting stock of such entity. or by contract or other means. 
 1.2. “Authorized
Individuals” means Supplier’s employees specifically authorized to perform activities contemplated under this Agreement and acting within the scope of such authorization. 

1.3. “Bill of Materials” means the engineering bill of materials for the Products approved by Customer.

 1.4. “Customer-Owned Tooling” means all Tooling for which NRE Costs are set forth under the
applicable Statement of Work. 
 1.5. “Customer-Provided Technology” means any specifications or
technology provided by Customer to Supplier under this Agreement. 

 1.6. “Deliverables” has the meaning set forth in
Section 2.1. 
 1.7. “Environmental Compliance Failure” means the failure by Supplier to comply
with the environmental requirements set forth in Section 9.3 of the Agreement. 
 1.8. “Excessive
Failure” means that one percent (1%) or more of any lot, batch or other separately distinguishable manufacturing run of Products delivered to Customer is found to be defective with the same or similar defects resulting from the same
root cause. 
 1.9. “Intellectual Property Rights” means copyright rights (including, without
limitation, the exclusive right to use, reproduce, modify, distribute, publicly display and publicly perform the copyrighted work), trademark rights (including, without limitation, trade names, trademarks, service marks, and trade dress), patent
rights (including, without limitation, the exclusive right to make, use and sell), trade secrets, moral rights, right of publicity, authors’ rights, contract and licensing rights, goodwill and all other intellectual property rights as may exist
now or hereafter come into existence and all renewals and extensions thereof, regardless of whether such rights arise under the law of the United States or any other state, country or jurisdiction. 

1.10. “Order Lead Time” means the minimum amount of time (set forth in the applicable Statement of
Work) between the date on which a Purchase Order is received by Supplier and the date for the delivery of the Product to the shipping location designated by Customer, as set forth in such Purchase Order. 

1.11. “Manufacturing Standards” means the following standards: IPC-A 610, Class 2. 

1.12. “Materials Lead Time” means the minimum amount of time for Supplier to place each respective raw
material or component purchase orders as set forth in the agreement between Supplier and the applicable third-party vendor to meet original on time delivery for the Products. 

1.13. “NRE Costs” means the out-of-pocket costs incurred by Supplier to purchase and/or manufacture
Tooling as set forth in the applicable Statement of Work, without any mark-up. For clarity, no fees will be payable to Supplier for the performance of development, design or customization services under this Agreement. 

1.14. “Non-Public Products” means any Products that have not been publicly announced by Customer. 

1.15. “Product Design” means any design that relate to the fit, finish, appearance, or other
ornamental, aesthetic, branding, or look-and-feel aspects of the Deliverables and/or Products. 
 1.16.
“Products” means the products to be manufactured on the behalf of the Customer and supplied by Supplier to Customer under this Agreement as set forth in an applicable Statement of Work. 

1.17. “Purchase Orders” means purchase orders issued by Customer to Supplier in accordance with the
terms of this Agreement. 
 1.18. “ROHS” means the EU Directive 2002/95/EC on the Restriction of
Hazardous Substances. 

 1.19. “Safety Risk” means a risk of bodily injury or
property damage. 
 1.20. “Service Units” means replacements, spare parts and service modules for
Products. 
 1.21. “Specifications” means written specifications, as referenced in or created
pursuant to an applicable Statement of Work (and as may be modified from time to time in accordance with this Agreement), that describe the design, functionality and/or performance requirements for a Product. 

1.22. “Statement of Work” means a written statement of work, mutually agreed upon and executed by the
Parties, that: (i) specifically references this Agreement; (ii) identifies the particular design, development, and/or customization services to be provided by Supplier for Customer in relation to a given Product; (iii) sets forth the
manufacturing schedule and other pertinent details substantially in the form set forth in Exhibit A. 
 1.23.
“Supplier-Controlled Components” means components (i) uniquely designed by Supplier, (ii) sourced through Supplier’s authorized vendor list, (iii) added to the Bill of Materials by Supplier and/or
(iv) Manufacturing-Value Added (MVA) components. 
 1.24. “Supplier-Provided Technology” means
(i) any component or technology incorporated by or on behalf of Supplier into the Deliverables or Products that is not supplied or approved by Customer, and (ii) any manufacturing process used by or on behalf of Supplier to manufacture
Deliverables or Products. 
 1.25. “Tooling” any tooling and equipment used by Supplier to develop or
manufacture the Product. 
 1.26. “Warranty Period” means a period of [***] from the date the
Products are manufactured unless otherwise agreed in writing by both Parties in the Statement of Work, Purchase Order and/or other document mutually agreed in writing by the Parties. 

1.27. “WEEE” means the EU Directive 2002/96/EC on Waste Electrical and Electronic Equipment. 

2. PRODUCT 

2.1. Products and Deliverables. Supplier will manufacture Products in accordance with Customer’s Specifications and
provide related services, including prototype manufacturing, testing, and regulatory certification) for the Products, all as set forth in the applicable Statement of Work. With respect to each Product, Supplier shall provide to Customer prototypes
and/or samples or other deliverables conforming to the Specifications in accordance with the applicable Statement of Work (collectively “Deliverables”). Customer shall issue a Purchase Order to Supplier for a quantity of
Deliverables to be agreed by the Parties. 
 2.2. Delivery. Supplier shall deliver Deliverables to Customer in
accordance with the applicable Statement of Work. Customer will be entitled to a reasonable time agreed by the parties to inspect Deliverables furnished in connection with Supplier’s services prior to accepting or rejecting the same.
Deliverables will not be considered accepted until accepted by Customer in writing. In the event that Deliverables are not functional despite being manufactured by Supplier in accordance with 

  
 *** Certain information in this
agreement has been omitted and filed separately with the Securities and Exchange Commission. [***] indicates that text has been omitted and is the subject of a confidential treatment request. 

 
Specifications, Customer shall be responsible for the cost to modify the Specifications and for all costs of retooling and re-manufacturing such Deliverables, provided that Supplier shall provide
a detailed estimate of the foregoing costs, which shall be subject to Customer’s written approval. In the event that Deliverables are not in conformity with the Specifications to which they relate, Supplier shall rework such Deliverables to
conform to the Specifications and resubmit them to Customer within the agreed time frame. 
 2.3. Tooling Use and
Care. Without Customer’s prior written consent, Supplier shall not at any time use any Customer-Owned Tooling for the production of goods or products or the performance of services for or on behalf of any third party or for any purposes
other than the performance of services for manufacture of Products for Customer pursuant to this Agreement Supplier will be responsible for routine maintenance of and any loss of or damage to Customer-Owned Tooling while on Supplier’s premises
or in its control and will provide all necessary calibration services for such Customer-Owned Tooling. Customer shall be responsible for insurance, repair or extraordinary costs of maintenance of the Customer-Owned Tooling. Upon Customer’s
request (during or after the term of this Agreement) and at Customer’s sole expense, Supplier will cooperate with Customer in all ways reasonably necessary to facilitate the Customer-directed destruction, delivery, or other disposition of any
Customer-Owned Tooling under this Agreement. 
 2.4. Changes. The Statements of Work, Specifications, and Product
Design are subject to modification only upon written agreement between the Parties. Without limiting the foregoing, Supplier must receive the written approval of Customer’s authorized representative before making any change that affects the
fit, finish, appearance, function, quality, safety or manufacturing location of the Product or of any component, part or accessory. If Customer requests any change to a Statement of Work, Specification, and/or Product Design, Supplier will promptly
inform Customer of any price or schedule impacts associated with the proposed change. Once a proposed change is approved by both Parties in writing, a written document updating the affected Statement of Work, Specifications and/or Product Design to
reflect the approved change shall be exchanged by the Parties. 
 2.5. Inspection. Customer shall have the right, upon
reasonable advance notice, during normal business hours to inspect, review, and monitor the services to be provided by Supplier under this Agreement and any completed Products, work in progress Products, Product components, other deliverables,
manufacturing logs and records, and/or Supplier’s testing of Products, provided that such inspection shall not unreasonably disrupt Supplier’s normal business operations. 

2.6. Project Managers. Each party shall designate one project manager for each Statement of Work, who shall be
responsible for providing decisions relating to such Statement of Work, as well as communicating to each other technical and operational issues regarding the Services. 

3. SUPPLY 

3.1. General. Subject to the terms and conditions of this Agreement, upon successful completion by Supplier of the
services contemplated in the Statement of Work and Supplier’s qualification in accordance with the criteria, as set forth in the applicable Statement of Work, Customer will issue Purchase Orders for Products, Supplier shall manufacture Products
in accordance with the Specifications and Manufacturing Standards and supply Customer with such Products, and Customer will purchase Products ordered pursuant to Purchase Orders placed from time to time. 

3.2. Procurement. Supplier will manage all material procurement and production planning, including, without limitation,
support of procurement for development builds, and will be responsible for placing purchase orders for third-party components in a timely manner. 

 4. ORDERING TERMS 

4.1. Submission of Purchase Orders. Customer may order Products by submitting Purchase Orders to Supplier in writing or
through electronic transmission. Customer shall not submit a Purchase Order that is inconsistent with the Order Lead Times. Customer’s Purchase Order shall serve as authorization to Supplier to procure materials, manufacture Product and deliver
Product. 
 4.2. Acceptance of Purchase Orders. Upon receipt of Customer’s Purchase Orders. Supplier will accept
within [***] of receipt all Purchase Orders submitted by Customer that are consistent with the Order Lead Times and the pricing terms set forth in the applicable quotation or Statement of Work. 

4.3. No Conflicting Terms. Except for ordering information and any Specifications referred to or incorporated into a
Purchase Order, any terms and conditions contained in a Purchase Order or in Supplier’s quotation or order acknowledgment forms that are inconsistent with or in addition to the terms and conditions of this Agreement are hereby rejected by
Supplier and will be deemed null and of no effect and the terms and conditions of this Agreement shall control. 
 4.4.
Cancellation and Rescheduling. Customer may cancel or change the scheduled delivery date of any accepted Purchase Order as follows: 

(a) Outside of the Order Lead Time, Customer may cancel a Purchase Order or change the scheduled delivery date at any time at no cost. For
clarity, the Order Lead Time shall not be extended if the delivery of Products is rescheduled as a result of a force majeure event affecting Supplier that is excusable pursuant to Section 15.13. 

(b) Within the Order Lead Time, Customer may cancel a Purchase Order or change the scheduled delivery date at any time, provided that, if
such cancellation is within the manufacturing and Materials Lead Time and results in Supplier having excess materials, Supplier will present the issue to Customer management for amicable solution, and Customer will be responsible for paying for
finished Products (excluding profits), work in progress, and raw materials purchased by Supplier no earlier than required by applicable Order Lead Time to fulfill the cancelled Purchase Order that Supplier cannot, using best efforts, cancel, return
for credit, use as Service Units, sell or otherwise use. 
 4.5. Supply Constraint. If Supplier’s ability to
supply Products in accordance with the then current Forecast is constrained for any reason, Supplier agrees that it will (i) fulfill Customer’s Purchase Orders on at least a pro rata basis of the constrained material or resource, and
provided that any labor, factory space, capacity and general equipment previously committed to meet the then current Forecast shall be utilized to fulfill Customer’s Purchase Orders prior to fulfilling orders for other customers, and
(ii) immediately escalate the issue to both parties’ management for the purpose of resolving the supply constraint. 

  
 *** Certain information in this
agreement has been omitted and filed separately with the Securities and Exchange Commission. [***] indicates that text has been omitted and is the subject of a confidential treatment request. 

 5. FORECASTS 

5.1. Rolling Forecast. Customer will provide Supplier with a rolling [***] forecast of its anticipated orders for each
Product (each. a “Forecast”). Customer and Supplier acknowledge and agree that: (a) each such Forecast is a good faith estimate of its anticipated orders for Products based on information then available to Customer and
that Customer is providing such Forecasts only as an accommodation to Supplier; and (b) Forecasts do not constitute a binding order or commitment of any kind by Customer to purchase Products. 

5.2. Capacity Flexibility. Supplier will, at all times, maintain sufficient manufacturing capacity to be able to meet up
to a [***] increase in Customer’s demand for the Products over the quantities stated in Customer’s most recent forecast. 
 6.
PRODUCT DELIVERY 
 6.1. Shipping Requirements. Unless otherwise expressly specified in a Purchase Order by
Customer, Supplier will ensure that the Products are packaged in a manner that is: (a) in accordance with good commercial practice; (b) acceptable to common carriers for shipment; and (c) adequate to ensure safe arrival of the
Products at the delivery location designated in the applicable Purchase Order. Supplier will mark all containers and packaging with commercially standard lifting, handling and shipping information. Each shipment will be accompanied by a packing slip
that sets forth the part numbers and quantities and the applicable Purchase Order number(s). 
 6.2. Shipment of
Products. Supplier will ship the Products FCA Hong Kong (Incoterms 2010) unless otherwise agreed upon in an applicable Statement of Work. In addition to Supplier’s obligations under Section 6.1, Supplier will be responsible for
arranging all necessary transportation, packaging, insurance, and customs clearance and export documentation, as applicable, and for pre-payment of all costs and charges related thereto (collectively, “Shipping Costs”).
Supplier will bear all risk of loss or damage to the Products and will retain title to the Products until the Products are delivered to the delivery location designated in the applicable Purchase Order. 

6.3. Acceptance. Customer will have a period of [***] following delivery of the Products in accordance with
Section 6.2 to notify Supplier of any discrepancies in the shipment quantity. Customer will have a period of [***] following delivery of the Products in accordance with Section 6.2 to test and inspect the Products and to notify Supplier
of: (a) any nonconformities of the Product with the applicable Specifications; or (b) any defects in material or workmanship. Customer will notify Supplier in writing of its acceptance or rejection of any portion of any delivery of the
Products prior to the expiration of such [***]. 
 6.4. Delay in Shipment. The Parties acknowledge and agree that
failure to meet the schedule specified in any Statement of Work or Purchase Order may cause substantial financial loss to Customer. Supplier will promptly notify Customer in writing of any anticipated delay in meeting the

  
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agreement has been omitted and filed separately with the Securities and Exchange Commission. [***] indicates that text has been omitted and is the subject of a confidential treatment request. 

 
delivery dates specified in the applicable Statement of Work or Purchase Order stating the reasons for the delay. In the event that Supplier has not delivered the Products more than [***] after
such delivery dates then, without limiting Customer’s remedies under this Agreement or otherwise, Customer may, in addition to other remedies available to Customer under this Agreement or applicable laws, cancel the Purchase Order and procure
substitute products and receive from Supplier payment equal to the difference between the purchase price of the applicable Products and the purchase price of the substitute products. Any amounts due shall be, at Customer’s election, either
(i) credited to Customer against any outstanding or future purchase orders hereunder or (ii) paid by Supplier to Purchaser within [***] of issuance of an invoice from Customer. 

6.5. Liquidated Damages. In addition to other remedies available to Customer under this Agreement or applicable laws, in
case of Supplier’s failure to deliver Products for more than [***] after the delivery date specified in the applicable Purchaser Order Supplier shall pay to Customer, as liquidated damages and not as a penalty, an amount equal to [***] of the
purchase price of the affected Products for each week of delay, provided that in each case of delay such liquidated damages shall not in the aggregate exceed [***] of the purchase price of the affected Products. 

6.6. Product Returns. If Customer rejects a delivery of Products pursuant to the acceptance provisions of
Section 6.3 or if Customer desires to return a Product to Supplier pursuant to the warranty provisions of Section 9.2, then Customer will, in each instance, first obtain a Return Material Authorization (“RMA”)
number from Supplier and will use reasonable efforts to return such Products to Supplier in accordance with the terms and conditions of Supplier’s RMA procedure. Supplier will be responsible for and will pay all Shipping Costs incurred by
Customer in connection with shipping such Products to Supplier and as well as for any Shipping Costs for shipping replacement Products to Customer, unless Supplier can demonstrate to Customer that the Products returned to Supplier do not exhibit any
nonconformities or defects caused by Supplier. 
 7. PRICING AND PAYMENT TERMS 

7.1. Prices and Fees. 

(a) Customer will pay for Deliverables in accordance to an applicable Statement of Work at a price not to exceed [***] of the mass production
price set forth in the quotation price provided by Supplier. 
 (b) Customer will pay the NRE Costs as set forth in the applicable
Statement of Work. 
 (c) Customer will pay for Products according to the unit price set forth in the applicable Statement of Work. 

(d) Except for amounts due pursuant to a Purchase Order or Statement of Work, Customer will not be responsible for any costs in connection
with the ordering and purchase of any Deliverables or Products. 

  
 *** Certain information in this
agreement has been omitted and filed separately with the Securities and Exchange Commission. [***] indicates that text has been omitted and is the subject of a confidential treatment request. 

 7.2. Payment Terms. 

(a) For all Product delivered under this Agreement, Supplier will issue an invoice to Customer on the date that Supplier ships the Products
to Customer and, unless Customer rightfully rejects a shipment of the Products (or a portion of a shipment) in accordance with the provisions of Section 6.3, Customer will pay such invoices within [***] following Customer’s receipt
thereof. 
 (b) Payment terms for any NRE Costs will be as set forth the applicable Statement of Work; provided that if the Statement of
Work does not specify applicable payment terms, such amounts will be due [***] following Customer’s receipt of Supplier’s applicable invoice, which invoice will not be issued until completion of the Deliverable or other milestone or task
associated with such fees. 
 7.3. Quality. Supplier shall manufacture Products at an outgoing quality level of [***],
and at an annualized failure rate of less than [***]. Supplier shall also work toward zero defects through continuous process improvement. 

7.4. Most Favored Customer Pricing Warranty. Supplier represents and warrants to Customer that the prices for the
Products are and will at all times be no higher than the lowest prices offered by Supplier to any customer worldwide that is purchasing similar products in similar quantities (the “Lowest Product Price”). During the term of
this Agreement and for a period of [***] thereafter, Customer will have the right, upon reasonable prior written notice, to have an independent auditor reasonably approved by Supplier audit Supplier’s applicable books and records as necessary
to verify Supplier’s compliance with this Section 7.4. If such an audit reveals that Supplier has not complied with the foregoing warranty, then, at Customer’s option. Supplier will either: (a) promptly issue a credit to Customer
applicable to future payment obligations of Customer (or, at Customer’s option, future payment obligations of a Customer Nominee); or (b) issue a refund to Customer. In either case, the amount will be calculated as the difference between
the price paid by Customer for a Product and the Lowest Product Price. If such audit reveals that Supplier’s pricing to Customer for a Product has been more than [***] higher than the Lowest Product Price for such Product, then Supplier will
also reimburse Customer for all reasonable out-of-pocket fees and expenses of such audit. 
 7.5. Taxes. Customer will
pay all taxes and duties that are assessed by any national, federal, state or local governmental authority on Customer’s purchase or use of the Products, including, without limitation, sales, use, excise, value-added and withholding taxes, but
excluding any taxes based on Supplier’s income or gross receipts (collectively, “Taxes”). Notwithstanding the foregoing, Customer will have no obligation to pay any such Taxes to the extent Customer timely provides
Supplier with a valid tax exemption resale certificate or other similar document. 
 7.6. Cost Reporting. Supplier
shall provide to Customer a quarterly cost report which complies with the following requirements: (a) fully indented and costed Bill of Materials, (b) forecast costing on a rolling 3-month basis including all cost reduction opportunities,
and (c) reference multiple sourcing and percent mix of use, as applicable. 

  
 *** Certain information in this
agreement has been omitted and filed separately with the Securities and Exchange Commission. [***] indicates that text has been omitted and is the subject of a confidential treatment request. 

 7.7. Price Adjustment. Supplier shall make best effort to reduce the cost
of Supplier-Controlled Components and manufacturing value each [***] and will pass the same amount of achieved reduction in the price of Products unit cost on a [***]. The Parties shall meet on a quarterly
basis to review and discuss in good faith overall Product pricing. 
 7.8. Audit. Customer will be entitled, upon
reasonable advance notice to Supplier, to audit Supplier’s books of account. bills of materials, and other applicable records as they relate to Customer’s Products under this Agreement to verify the accuracy of any cost or pricing
information supplied or amounts charged by Supplier under this Agreement. Customer will keep such information in confidence and use it only for purposes of verifying compliance with this Agreement. 

8. WARRANTY 

8.1. Supplier Representations and Warranties. Supplier represents and warrants that: 

(a) Supplier has the complete power and authority to enter into this Agreement, to carry out its obligations under this Agreement, and to
grant the rights and licenses granted to Customer under this Agreement; 
 (b) on the date delivered to Customer, the Products (including
any replacement Products delivered to Customer pursuant to Section 8.2) will be new; 
 (c) on the date delivered to Customer,
Customer will acquire good title to the Products, free and clear of all security interests, liens and other encumbrances; 
 (d) the
Supplier-Provided Technology does not and will not infringe, misappropriate or violate the intellectual property rights or proprietary rights of any third party; 

(e) for the Warranty Period, the Products will be free from defects in materials or workmanship and will operate in accordance with the
Specifications; and 
 (f) the Products are and will be safe for normal use, are non-toxic, present no abnormal hazards to persons or their
environment, comply with all applicable laws and regulations and may be disposed of as normal refuse without special precautions. 
 The
representations and warranties set forth in this Section 8.1 will survive inspection, acceptance and payment. The representations and warranties set forth above are exclusive and Supplier hereby disclaims all other warranties, either express or
implied, including any implied warranty of merchantability or fitness for a particular purpose. The warranties contained in Sec. 8.1 are given only to Customer and Supplier makes no written or other warranty whatsoever other than as specifically
provided herein. 
 8.2. Remedies. If any Products fail to conform to Supplier’s representations and warranties
set forth in Sections 8.1(c) or (1), then Supplier will, at its expense, repair or replace such nonconforming Products. If Supplier is not able to repair or replace such nonconforming Products within a reasonable period of time, Supplier shall
refund to Customer any amounts paid for such nonconforming Products. Replacement Products supplied by Supplier under this Section 8.2 will be warranted for the period of time remaining in the original warranty for the Product, but not less than
one (1) year. The return provisions of Section 6.6 will apply to Customer’s return of nonconforming Products to Supplier under this Section 8.2. 

  
 *** Certain information in this
agreement has been omitted and filed separately with the Securities and Exchange Commission. [***] indicates that text has been omitted and is the subject of a confidential treatment request. 

 8.3. After Warranty Services. 

(a) Service Units Inventory. Supplier will maintain an inventory of Service Units in accordance with the Service Unit inventory
requirements set forth in document(s), if any, referenced in applicable Statement of Work. 
 (b) Service Units Availability.
Supplier will accept and fulfill Purchase Orders for Service Units in accordance with the terms of this Agreement for five (5) years after the last purchase of a unit of the applicable Product under this Agreement (the “Initial
Post-Warranty Period”), and Supplier agrees to maintain an adequate stock of Service Units, equipment and materials needed to produce Service Units throughout the Initial Post-Warranty Period; provided, that prior to the expiration of
the Initial Post-Warranty Period, Customer and Supplier shall negotiate in good faith for Supplier to provide additional Service Units to meet the forecasted demand for two (2) additional years following the Initial Post-Warranty Period. The
terms and conditions of this Agreement will govern all purchases of Service Units, and the price of a Service Unit (including packaging and handling fees) shall be provided to Customer in Supplier’s quotation for Service Units. In no event the
price of a Service Unit will exceed [***] of the price of the last Product purchased under this Agreement, provided that, in the event Square decides to discontinue (i.e., end of life) a particular Product during the Initial Post-Warranty Period,
the parties will work in good faith to determine a reasonable adjustment of the price of the applicable Service Units, as necessary to reflect Supplier’s increased per-unit manufacturing costs. In no event will there will be minimum order
quantities for Service Units. 
 (c) Repairs. If Customer requests, and to the extent reasonable possible, Supplier will repair
Products not covered by warranty on competitive terms and conditions. 
 8.4. Customer Representations and Warranties.
Customer hereby represents and warrants that: 
 (a) Customer has the complete power and authority to enter into this Agreement, to carry
out its obligations under this Agreement, and to grant the rights and licenses granted to Supplier under this Agreement; 
 (b) the
Customer-Provided Technology incorporated into the Products upon Customer’s request will not infringe, misappropriate or violate the intellectual property rights or proprietary rights of any third party. 

9. QUALITY AND SAFETY REQUIREMENTS 

9.1. Requirements and Qualifications. Supplier will comply with the quality, safety and regulatory requirements as set
forth in the document(s) as set forth in the applicable Statement of Work, or in the absence of such requirements, with good commercial practice and applicable law. 

9.2. Testing Requirements. Supplier will test the Deliverables and the Products in accordance with the testing
requirements as set forth in the applicable Statement of Work, or in the absence of such testing requirements, in a manner sufficient to confirm conformance with all applicable Specifications. Upon Customer’s request, Supplier will provide and
ship Deliverables and Products to Customer to be used for testing. 

  
 *** Certain information in this
agreement has been omitted and filed separately with the Securities and Exchange Commission. [***] indicates that text has been omitted and is the subject of a confidential treatment request. 

 9.3. Environmental Compliance. Supplier will, with respect to the
provision of Deliverables and Products, and all related processes and materials used in connection therewith, including packaging, comply with: (i) all applicable laws and regulations governing the use, declaration, preparation and marketing of
hazardous substances and energy consumption efficiency, including, without limitation, the requirements set forth under the ROHS and WEEE Directives and related national legislation, to the extent applicable to the manufacturing of the Products, and
(ii) any additional requirements set forth in the applicable Statement of Work. 
 9.4. Excessive Failure,
Environmental Compliance Failure and Safety Risk. 
 (a) Supplier must notify Customer immediately if it has reason to believe that the
Products provided under this Agreement may (i) produce an Excessive Failure; (ii) produce an Environmental Compliance Failure; or (iii) present a Safety Risk. 

(b) If there is an Excessive Failure, an Environmental Compliance Failure, or the Products present a Safety Risk, Supplier will: 

(i) Promptly (A) dedicate sufficient resources to thoroughly investigate the cause of the defect; (B) perform root cause analysis;
and (C) implement any necessary corrective action in consultation with Customer; 
 (ii) (A) Reimburse Customer for all actual related
expenses incurred to respond to such Excessive Failure, Environmental Compliance Failure, or Safety Risk, including the expenses incurred to diagnose any defect, develop tests and remedies for any defects, and perform testing; and (B) promptly
respond to Customer inquiries and complaints 
 (iii) Upon Customer’s request, promptly repair and/or replace the affected Products,
whether or not the applicable Warranty Period has expired. 
 (c) Exceptions. Supplier will not be liable under this
Section 9.4 for an Excessive Failure or a Safety Risk to the extent (i) the Excessive Failure or Safety Risk is primarily attributable to hardware or software designed by Customer that could not reasonably have been implemented by Supplier
in a way that would have avoided the Excessive Failure or the Safety Risk; (ii) the Products were in compliance with Specifications finalized in whole and exclusively by Customer without any Supplier feedback, gross negligence, or willful
misconduct or (iii) the Products were subjected to abuse, misuse, negligence, accident, tampering or faulty repair after transfer of title to an authorized purchaser. Customer’s approval or acceptance of Products will not relieve Supplier
of the remedies set forth in this Section 9.4. 
 (d) Tracking. Supplier must track the date Products are produced and make
such information available to Customer upon Customer’s request during the term of this Agreement and for five years after the Products are delivered. 

(e) Costs. Except for amounts due pursuant to a Purchase Order or Statement of Work, Customer will not be responsible for any costs in
connection with Supplier’s obligations in this Section 9. 

 10. INDEMNITY 

10.1. Customer Indemnity. 

(a) Supplier will, at its expense, indemnify, defend (or settle) and hold harmless Customer, and its officers, directors, agents and
Affiliates (collectively, the “Customer indemnitees”) from and against any and all loss, damage, cost, liability, and expense (including reasonable fees for attorneys and other experts), as incurred, arising out of or
resulting from any suit, action, claim or proceeding (each a “Claim”) brought by a third party against any Customer indemnitees alleging that: (a) any Supplier-Provided Technology infringes, misappropriates or violates
any third-party Intellectual Property Rights: (b) the use of any Product results in personal injury, death or tangible or real property damage or loss of use therefrom, including, without limitation, any Claim that alleges a defect in the
testing or manufacture of a Product, regardless of the legal or statutory basis of the Claim, and (c) any breach by Supplier of its obligations, representations and warranties under this Agreement. Customer agrees to: (i) promptly notify
Supplier in writing of any such Claim; (ii) provide Supplier, at Supplier’s expense, any assistance reasonably requested by Supplier and necessary for the defense or settlement of such Claim: and (iii) allow Supplier to direct and
control the defense or settlement of such Claim, provided, however, that Customer reserves the right to retain counsel to participate in any Claim for which indemnification is sought, at Customer’s expense. 

(b) If an injunction is issued that limits or prohibits a Customer Indemnitee’s right to use or sell a Product or, if in Supplier’s
reasonable opinion. such an injunction is likely to be issued, then Supplier will, at its expense, either: (a) procure for the Customer Indemnitee the right to continue to use and sell Product; (b) replace or modify such Product so that it
becomes non-infringing. provided that such modification or replacement does not alter or affect the functionality, use or operation of such Product or the conformity of the Product with the applicable Specifications; or (c) if the alternatives
set forth in (a) and (b) are not commercially feasible, refund to Customer any amounts paid for such Product pursuant to this Agreement upon Customer’s return of such Product to Supplier. 

10.2. Supplier Indemnity. 

(a) Customer will, at its expense, indemnify, defend (or settle) and hold harmless Supplier, and its officers, directors, agents and
Affiliates (collectively, the “Supplier Indemnitees”) from any Claims brought by a third party against any Supplier Indemnitees alleging that any Customer-Provided Technology incorporated into the Products upon
Customer’s request infringe, misappropriate or violate any third-party Intellectual Property Rights. Supplier agrees to: (a) promptly notify Customer in writing of any such Claim; (b) provide Customer, at Customer’s expense, any
assistance reasonably requested by Customer and necessary for the defense or settlement of such Claim; and (c) allow Customer to direct and control the defense or settlement of such Claim, provided, however, that Supplier reserves the right to
retain counsel to participate in any Claim for which indemnification is sought, at Supplier’s expense. 
 (b) If Customer has any
reason to believe that Customer-Incorporated technology may infringe, misappropriate or violate any third-party Intellectual Property Rights, then Customer shall so notify Supplier, and Supplier shall, upon receipt of such notice, immediately cease
incorporating the Customer-Incorporated Technology into the Products and cooperate with Customer to identify a workable design-around or other solution acceptable to Customer. 

 10.3. Exceptions 

The indemnification obligations set forth in Section 10.1(a) shall not apply to liability arising under Section 9.4(c), and Customer
shall in accordance with Customer’s obligations under Section 10.2(a) defend, hold harmless and indemnify Supplier against any claims arising from Sections 9.4(c) 

11. LIMITATION OF LIABILITY. NOTWITHSTANDING ANYTHING TO THE CONTRARY IN THIS AGREEMENT AND EXCEPT FOR LIABILITY ARISING UNDER SECTION
9.4 (EXCESSIVE FAILURE, ENVIRONMENTAL COMPLIANCE FAILURE AND SAFETY RISK), SECTION 10 (INDEMNITY), A BREACH BY EITHER PARTY OF SECTION 12 (CONFIDENTIALITY), SUPPLIER’S FAILURE TO DELIVER PRODUCTS AS DESCRIBED IN SECTION 6.5, ABOVE. NEITHER
PARTY WILL BE LIABLE TO THE OTHER FOR ANY SPECIAL, INCIDENTAL, EXEMPLARY, PUNITIVE OR CONSEQUENTIAL DAMAGES OF ANY KIND (INCLUDING, WITHOUT LIMITATION, LOST PROFITS ARISING OUT OF THE USE OR PERFORMANCE OF THE PRODUCTS, EVEN IF SUCH PARTY HAS BEEN
ADVISED IN ADVANCE OF THE POSSIBILITY OF SUCH DAMAGES. 
 12. CONFIDENTIALITY 

12.1. Definition. “Confidential Information” means: (a) all information related to the
Products, including, without limitation, documentation, drawings, designs and specifications; (b) any non-public information of a Party, including, without limitation, any information relating to a Party’s technology, techniques, know-how,
research, engineering, designs, finances, accounts, procurement requirements, manufacturing, customer lists, business forecasts and marketing plans; (c) any other information of a Party that is disclosed in writing and is conspicuously
designated as “Confidential” at the time of disclosure or that is disclosed orally or visually, is identified as “Confidential” at the time of disclosure, and is summarized in a writing sent by the disclosing Party to the
receiving Party within thirty (30) days of any such disclosure; and (d) the specific terms and pricing set forth in this Agreement. 

12.2. Exclusions. The obligations in Section 12.3 will not apply to the extent that any Confidential Information:
(a) is or becomes generally known to the public through no fault of or breach of this Agreement by the receiving Party; (b) was rightfully in the receiving Party’s possession at the time of disclosure, without an obligation of
confidentiality; (c) is independently developed by the receiving Party without use of the disclosing Party’s Confidential Information; or (d) is rightfully obtained by the receiving Party from a third party without restriction on use
or disclosure. 
 12.3. Obligations. Each Party will not use the other Party’s Confidential Information, except
as necessary for the performance of this Agreement, and will not disclose such Confidential Information to any third party, except to those of its employees and subcontractors that need to know such Confidential Information for the performance of
this Agreement, provided that each such employee and subcontractor is subject to a written agreement that includes binding use and disclosure restrictions that are at least as protective as those set forth herein. Each Party will use all reasonable
efforts to maintain the confidentiality of the other Party’s Confidential Information in its possession or control, but in no event less than the efforts that it ordinarily uses with respect to its own confidential information of similar nature
and importance. The foregoing obligations will not restrict either Party from disclosing Confidential Information: (a) pursuant to the order or requirement of a court, administrative agency, or other governmental body, provided that the Party
required to make such a disclosure gives reasonable notice to the other Party to enable it to contest such order or requirement; (b) on a confidential basis to its legal or professional financial advisors; (c) as required under applicable
securities regulations; or (d) on a confidential basis to present or future providers of venture capital and/or potential private investors in or acquirers of such Party. 

 12.4. Additional Requirements. Without limiting Section 12.3,
Supplier agrees to: 
 (a) maintain any Non-Public Products in a separate, dedicated, blocked-off area of Supplier’s facilities and
ensure that only Authorized Individuals have access to such area; 
 (b) ensure that all parts of Non-Public Products are stored,
manufactured and reviewed in secure rooms, and that only Authorized Individuals have access to such rooms; 
 (c) ensure that all materials
use in connection with this Agreement are stored in a secure and protected area to successfully prevent anyone who is not an Authorized Individual from viewing any parts, systems, or plans related to Non-Public Products; 

(d) provide, upon Customer’s request, a separate manufacturing space, including a physical barrier around Customer’s dedicated
production space to keep Products out of view from the rest of the Supplier’s factory; 
 (e) ensure that all Customer’s business
processes disclosed to Supplier are kept in strict confidence and utilized only in fulfillment of this Agreement. 
 (f) ensure that no
name and/or code reference to the Products is in any way visible, including on hard or soft copies of any documents associated with the card reader assembly. 

(g) discuss the activities contemplated under this Agreement only appropriate with third parties approved in writing by Customer. 

(h) not engage external vendors without written permission from Customer. 

(i) refer to the activities contemplated under this Agreement using internally assigned code names only, with no reference to Customer or its
products or business. 
 13. INTELLECTUAL PROPERTY RIGHTS 

13.1. Background Technology. Subject to the licenses granted under this Section 13, each Party retains all right,
title and interest, including all Intellectual Property Rights related to any technology owned and/or controlled by each party prior to the Effective Date or after the Effective Date outside of the scope of this Agreement (as to each Party,
“Background Technology”). 
 13.2. Customer Ownership. Supplier hereby irrevocably transfers
and assigns to Customer, and agrees to transfer and assign to Customer, all right, title, and interest, including all Intellectual Property Rights, that Supplier may at any time have or acquire in or to: (i) the Product Design (and any
improvements or modifications thereto); (ii) any and all Deliverables and Specifications, and (iii) any and all Customer-Owned Tooling. The items under the preceding clauses (i), (ii) and (iii) will be referred to, collectively,
as “Customer-Owned Technology”. Supplier agrees to provide assistance and execute any documents reasonably requested by Customer, at Customer’s cost, to enable Customer to secure, register or enforce any Intellectual
Property Rights in the Customer-Owned Technology. For the avoidance of doubt, Customer-Owned Technology does not include any Intellectual Property Rights that Supplier may at any time have or acquire in or to its general know-how and manufacturing
process of the Products. 

 13.3. Supplier License to Customer-Owned Technology. Subject to the terms
and conditions of this Agreement, Customer hereby grants Supplier a limited, non-exclusive, non-transferable, royalty-free license, without the right to sublicense, during the term of this Agreement, to use any Customer-Owned Technology, solely
internally, and solely to perform its obligations under this Agreement. Supplier agrees that it will not engage in, nor will it authorize others to engage in, the reverse engineering, disassembly or the decompilation of any Customer-Owned Technology
except as required to perform its obligations under this Agreement. 
 13.4. Customer License to Background Intellectual
Property. Supplier grants to Customer a non-exclusive, worldwide, perpetual, irrevocable, royalty-free, sublicenseable license under any intellectual Property Rights Supplier may have in any Background Technology to make, have made, use, sell,
offer for sale, import, and otherwise exploit any Deliverables and Products that is covered by and or incorporated with such Background Technology, and any improved versions or evolutions of such Deliverables and Products. For the avoidance of
doubt, Supplier’s Background Technology does not include any intellectual Property Rights that Supplier may at any time have or acquire in or to its general know-how and manufacturing process of the Products. 

13.5. Customer License to Supplier Feedback. If Supplier provides Customer with any written ideas, suggestions, or
recommendations for the modification, correction, improvement or enhancement of Products or Customer-Owned Technology including via email (collectively referred to as “Supplier Feedback”), then Supplier grants Customer a
non-exclusive, worldwide, perpetual, irrevocable, royalty-free license, sublicenseable to use and disclose such Supplier Licensed Feedback in any manner Customer chooses, and to display, perform, copy, have copied, make, have made, use, sell, offer
to sell, import, distribute and otherwise dispose of products embodying such Supplier Licensed feedback in any manner, but without reference to Supplier being the source of such Supplier Licensed Feedback. 

14. TERM AND TERMINATION 

14.1. Term. This Agreement will commence on the Effective Date and will continue in effect for an initial term of two
(2) years, unless earlier terminated in accordance with the terms of this Agreement. Following such initial term, this Agreement will automatically renew for successive one (1) year renewal terms unless either Party provides the other
Party with notice of non-renewal at least ninety (90) days prior to the expiration of the initial term or any renewal term. 

14.2. Termination for Cause. Without prejudice to any other right or remedy that may be available to it, each Party may
terminate this Agreement immediately upon providing written notice of breach to the other Party, if such other Party materially breaches any of its obligations hereunder in a manner that is capable of remedy, but fails to cure such breach within a
period of [***] following receipt of such written notice. Notwithstanding the foregoing, any such termination shall not relieve either Party of any of its obligations under this Agreement which were incurred prior to the effective date of such
termination. 

  
 *** Certain information in this
agreement has been omitted and filed separately with the Securities and Exchange Commission. [***] indicates that text has been omitted and is the subject of a confidential treatment request. 

 14.3. Termination for Convenience. Customer may terminate this Agreement,
for any reason or for no reason, upon [***] prior written notice to Supplier. 
 14.4. Termination for Financial
Reasons. Upon [***], either Party may terminate this Agreement in the event the other Party: (a) seeks the liquidation. reorganization, dissolution or winding up of itself or the composition or readjustment of all or substantially all of
its debts; (b) applies for or consents to the appointment of, or the taking of possession by, a receiver, custodian, trustee or liquidator of itself or of all or substantially all of its assets; (c) makes a general assignment for the
benefit of its creditors; (d) commences or has commenced against it a case under the bankruptcy code of applicable jurisdiction; or (e) files a petition for relief or otherwise seeks relief from or readjustment of its debts under any other
law relating to bankruptcy, insolvency, reorganization, winding-up or composition or readjustment of debts (including, without limitation, consenting to the entry of an order for relief in an involuntary bankruptcy case against it). 

14.5. Effect of Termination. 

(a) Unless otherwise specified by Customer in writing or terminated by Supplier in accordance with Section 14.2 and 14.4, upon
termination or expiration of this Agreement for any reason, Supplier will continue to process and deliver to Customer (or to such other location as indicated on any applicable Purchase Order) any Products ordered pursuant to Purchase Orders
transmitted by Customer prior to the effective date of any such termination or expiration. 
 (b) Upon termination or expiration of this
Agreement, other than as a result of a material breach by Supplier, Customer will pay Supplier in accordance with the terms of this Agreement for any Products ordered prior to such termination or expiration and delivered in accordance with the terms
of this Agreement. In addition, if termination occurs within the Materials Lead Time and results in Supplier having excess materials, Customer will be responsible for paying for work in progress, and raw materials purchased by Supplier no earlier
than required by applicable Order Lead Time to fulfill the Purchase Orders outstanding as of the effective date of such termination that Supplier cannot, using best efforts, cancel, return for credit, use as Service Units, sell or otherwise use.

 (c) Survival. The following provisions will survive termination or expiration of this Agreement for any reason: 1, 8, 10, 11, 12,
13, 14.5, 14.6, 15 and any other sections by their nature are intended to survive. 
 15. GENERAL 

15.1. Subcontracting. With the exception of Supplier’s Affiliates who may perform Supplier’s services under
this Agreement on behalf of Supplier, provided that supplier shall at all times be responsible for such affiliates’ compliance with this, Supplier agrees that no portion of the assembly of the Products will be subcontracted to third parties
without Customer’s specific prior written consent in each instance. Any permitted subcontractor approved in writing by Customer (“Subcontractor”) that Supplier may use to assist Supplier will be obligated to comply with
the terms of this Agreement and Supplier will remain responsible for such Subcontractors’ performance. Customer’s consent to Supplier’s use of any Subcontractor will not be deemed a waiver of any Customer rights hereunder nor relieve
Supplier of any of its obligations pursuant to this Agreement. Supplier will enter into a written agreement with each approved Subcontractor that includes terms and conditions no less protective of Customer’s proprietary and intellectual
property rights than those set forth in this Agreement prior to Supplier permitting any such Subcontractor to perform any obligation 

  
 *** Certain information in this
agreement has been omitted and filed separately with the Securities and Exchange Commission. [***] indicates that text has been omitted and is the subject of a confidential treatment request. 

 
hereunder. Supplier will be solely responsible for the payment of all amounts payable to, and the performance of all of Supplier’s obligations for, all such Subcontractors. Immediately upon
request of Customer, Supplier will commence such proceedings as necessary (i.e. termination notice, request to cure default) to terminate any Subcontractor that, in Customer’s sole opinion, does not perform to the standards set forth by
Customer in this Agreement. 
 15.2. No Exclusivity. Except as may be otherwise expressly specified in a specific
Statement of Work, this Agreement is non-exclusive. Customer will have the right to use other contract manufacturers to manufacture the Products. Nothing in this Agreement will be construed or deemed to prevent or otherwise inhibit Customer’s
ability or right to manufacture the Products, whether at Customer’s facility or at an alternate or additional third party facility(ies) of Customer’s choice. Further, nothing in this Agreement will be construed or deemed to
(a) require Customer to order any minimum number of units of the Products to be manufactured by Supplier, or (b) prevent or otherwise inhibit Customer’s ability or right to design, develop, manufacture, have manufactured, market, use,
sell, or distribute any follow-on products or derivatives of the Products. 
 15.3. Cumulative Remedies. Unless
otherwise expressly set forth in this Agreement, the remedies set forth under this Agreement for the benefit of either Party are cumulative. 

15.4. Assignment. Neither Party may assign or transfer this Agreement, in whole or in part, by operation of law or
otherwise, without the prior written consent of the other Party, except that no consent will be required for an assignment in connection with a merger, acquisition, corporate reorganization, or sale of all, or substantially all, of a Party’s
assets. Any attempted assignment in violation of this Section will be null and void and of no force or effect. Subject to the foregoing, this Agreement will bind and inure to the benefit of each Party’s permitted successors and assigns. 

15.5. Governing Law and Venue. This Agreement will be governed by and construed in accordance with the laws of the State
of California, excluding that body of laws known as conflicts of law. The United Nations Convention on Contracts for the International Sale of Goods will not apply to this Agreement. All legal actions or proceedings arising out of this Agreement
will be brought exclusively in the federal or state courts located in the Northern District of California and the parties hereby irrevocably consent to the personal jurisdiction and venue therein, provided that the foregoing shall not prevent either
Party from seeking any available injunctive relief in any court of competent jurisdiction. 
 15.6. Compliance With
Laws. Each Party will comply with all laws, regulations and ordinances applicable to such Party in the exercise of its rights and obligations under this Agreement. 

15.7. Severability. If any provision of this Agreement is held invalid or unenforceable by a court of competent
jurisdiction, then such provision will automatically be adjusted to the minimum extent necessary in order to comply with the requirements for validity or enforceability, and as so adjusted, will be deemed a provision of this Agreement as though
originally included herein. In the event that the provision held invalid or unenforceable is of such a nature that it cannot be so adjusted, such provision will be deemed deleted from this Agreement as though such provision had never been included
herein. In either case, the remaining provisions of this Agreement will remain in full force and effect. 
 15.8.
Non-Waiver. The failure by either Party to enforce any provision of this Agreement will not constitute a waiver of future enforcement of that or any other provision. The waiver of any provision of this Agreement will only be effective if in
writing and signed by the Party waiving such provision. 

 15.9. Notices. All notices, demands, requests and other communications
required or permitted under this Agreement will be in writing and will be delivered in person, by nationally recognized courier service, by facsimile or by registered or certified mail (postage prepaid, return receipt requested) and, in all cases,
will be deemed to have been duly given or made upon receipt. All such notices, demands, requests and other communications will be delivered to the Parties at the addresses set forth on the first page of this Agreement (or at such other address for a
Party as will be specified by like notice). For notices sent to Supplier by Customer, in addition to the address stated on the first page of this Agreement, a copy shall be sent to the following address: 

Cheng Uei Precision Industry Co. Ltd. 

No. 18 Chung Shan Road 

Tu-Cheng District, New Taipei City 236 

Taiwan, R.O.C. 
 Attn: Legal
Department 
 15.10. Relationship Between the Parties. The relationship between the Parties will be that of
independent contractors and nothing in this Agreement is intended to nor will establish any relationship of partnership, joint venture, employment, franchise, agency or other form of legal association between the Parties. Neither Party will have,
nor represent to any third party that it does have, any power or authority to bind the other Party or incur any obligations on the other Party’s behalf. 

15.11. Headings; Construction. Section headings are a matter of convenience and will not be considered part of this
Agreement. This Agreement has been negotiated by the Parties, which have had reasonable access to legal counsel. This Agreement will be fairly interpreted in accordance with its terms, without any construction in favor of or against either Party as
a result of having drafted any particular provision. 
 15.12. Attorneys’ Fees. In any suit or proceeding
relating to this Agreement the prevailing Party will have the right to recover from the other its costs and reasonable fees and expenses of attorneys, accountants, and other professionals incurred in connection with the suit or proceeding, including
costs, fees and expenses upon appeal, separately from and in addition to any other amount included in such judgment. This provision is intended to be severable from the other provisions of this Agreement, and will survive and not be merged into any
such judgment 
 15.13. Force Majeure. Any delay in performance by either party hereunder may be excused to the extent
caused by any event or circumstance beyond the control of said party, including, without limitation, acts of God, war, acts of terrorism or strikes affecting such party. If an event of force majeure described in this Section extends for a period in
excess of thirty (30) consecutive days, either party may immediately terminate this Agreement, and any outstanding Purchase Orders, by providing the other party with written notice of such termination. 

15.14. Remedies. Except as expressly set forth in this Agreement, the exercise by either Party of any of its remedies
under this Agreement will be without prejudice to its other remedies under this Agreement or otherwise. 

 15.15. Entire Agreement. This Agreement, including its exhibits and
attachments. constitutes the entire and exclusive understanding and agreement between the Parties regarding its subject matter and supersedes any and all previous understandings and agreements, whether written or oral, regarding such subject matter.
Any modification or amendment of any provision of this Agreement will be effective only if in writing and signed by duly authorized representatives of both Parties. In the event of a conflict, the terms and conditions of the Statement of Work will
take precedence over the terms and conditions of this Agreement with respect to matters that are specifically addressed in the Statement of Work. In all other instances, this Agreement will take precedence. 

15.16. Counterparts. This Agreement may be executed in counterparts, each of which will be deemed an original, but all
of which together will constitute one and the same instrument. 
 IN WITNESS WHEREOF, the Parties have executed this Agreement as of the
Effective Date by their duly authorized representatives. 
  

									
	SQUARE, INC.	 		 	Cheng Uei Precision Industry Co., Ltd.
					
	By:	 	 /s/ Ross W. Nadel
	 		 	By:	 	 /s/ Spencer Chiu

					
	Name:	 	 ROSS W. NADEL
	 		 	Name:	 	 Spencer Chiu

					
	Title:	 	 COUNSEL
	 		 	Title:	 	 President

					
	Date:	 	 12/6/12
	 		 	Date:	 	 2012.11.20

 Exhibit A 

Initial Statement of Work 
  

	A.	Description of Services and Products: 

[            ] 
  

	B.	Specification and Requirements (including qualification criteria): 

[            ] 
  

	C.	Schedule: 

 [            ] 

 

	D.	Total NRE Fees and Payment Terms: 

[            ] 
  

	E.	Product Unit Cost and Payment Terms: 

[            ] 
  

	F.	Components Cancellation Schedule: 

[            ] 
  

	G.	Warranty Period: 

 [            ] 

[Additional items to be discussed]EX-10.17

 Exhibit 10.17 

SPECIFIC TERMS IN THIS EXHIBIT HAVE BEEN REDACTED BECAUSE CONFIDENTIAL TREATMENT FOR THOSE TERMS HAS BEEN REQUESTED. THE REDACTED MATERIAL HAS BEEN
SEPARATELY FILED WITH THE SECURITIES AND EXCHANGE COMMISSION, AND THE TERMS HAVE BEEN MARKED AT THE APPROPRIATE PLACE WITH THREE ASTERISKS [***]. 

ON SEMICONDUCTOR 
 ASIC
DEVELOPMENT AND SUPPLY AGREEMENT 
 This ASIC Development and Supply Agreement (“Agreement”) is made and entered into as of the 25th day of March, 2013 (“Effective Date”) by and between Semiconductor Components Industries, LLC a Delaware limited liability company (d/b/a ON Semiconductor) having its principal
place of business at 5005 E. McDowell Road, Phoenix, Arizona 85008, U.S.A., and ON Semiconductor Trading, Ltd., a corporation organized under the laws of Bermuda and having a principal place of business at Hamma Building – 3rd Floor, 1
Lane Hill, Hamilton HM19, Bermuda, on its own behalf and on behalf of its subsidiaries and affiliates (collectively “ON SEMICONDUCTOR”, it being understood that Semiconductor Components Industries, LLC and ON Semiconductor Trading, Ltd.
shall be jointly liable for compliance with this Agreement by ON SEMICONDUCTOR), and Square, Inc., a Delaware corporation having its principal place of business at 901 Mission Street, San Francisco, California, 94103 (“SQUARE”). ON
SEMICONDUCTOR and SQUARE also are hereinafter referred to individually as a “Party” and collectively as the “Parties.” 
 For
purposes of clarity, the Parties agree that Semiconductor Components Industries, LLC shall be the responsible and applicable seller for any and all bill to addresses or purchase orders for delivery to any locations in the territory of the United
States or its possessions, or Mexico or Brazil (hereinafter “US Sales Locations”), and that ON Semiconductor Trading Ltd. shall be the responsible and applicable seller for any and all bill to addresses or purchase orders for delivery to
any worldwide locations other than US Sales Locations. 
 WHEREAS, SQUARE is engaged in the business of designing, developing and
manufacturing products used for electronic payments; and 
 WHEREAS ON SEMICONDUCTOR develops, manufactures, and sells a broad range of
integrated circuits which are used in a wide variety of applications for a number of end user including industrial and consumer products; and 

WHEREAS the Parties wish to define the general terms and conditions governing the development by ON SEMICONDUCTOR and SQUARE of Application
Specific Integrated Circuits (“ASIC’s”) for sale to SQUARE and/or Authorized Purchaser(s) (as defined below); 
 NOW,
THEREFORE, in consideration of the above promises and mutual covenants contained herein, and for other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the Parties hereto agree as follows: 

 

	ARTICLE 1:	SUBJECT OF THIS AGREEMENT 

 These general terms and conditions shall apply to all ASIC development
projects performed by ON SEMICONDUCTOR for SQUARE, subject to any variations that may be agreed upon in writing between the Parties. 

	ARTICLE 2:	DEFINITIONS 

 When used in this Agreement, the following words and expressions shall have the meaning as
stated below, unless the context otherwise requires: 
 A. “ASIC Specification” means the ASIC specification detailing functions, capabilities,
and features of the Product and any expressly referenced qualifications and reliability testing requirements, and criteria identified in Exhibit A, as such specification may be amended from time to time by the Parties by mutual agreement in writing.

 B. “Authorized Purchaser” means the entity authorized by SQUARE to purchase Products from ON SEMICONDUCTOR pursuant to the Exhibit D Letter of
Authorization signed by SQUARE and Authorized Purchaser, provided, however, that, (i) in the event ON SEMICONDUCTOR has reasonable grounds to doubt the Authorized Purchaser’s creditworthiness, SQUARE shall, upon ON SEMICONDUCTOR’s
written request, provide any documentation available to SQUARE regarding such creditworthiness and consult in good faith with ON SEMICONDUCTOR, (ii) ON SEMICONDUCTOR shall not refuse to sell Products to the Authorized Purchaser if the
documentation or other information provided by SQUARE is reasonably sufficient to confirm the Authorized Purchaser’s creditworthiness; and (iii) if the Authorized Purchaser is not an ON SEMICONDUCTOR direct purchaser, ON SEMICONDUCTOR may
sell Product to such Authorized Purchaser through an ON SEMICONDUCTOR distributor. Subject to limitations set forth herein, ON SEMICONDUCTOR agrees to sell Product to the Authorized Purchaser and to extend to the Authorized Purchaser the same terms
and conditions for the Products as set forth in this Agreement. All Products sold to SQUARE and the Authorized Purchaser shall be aggregated by SQUARE for the purpose of determining any applicable volume discounts or commitments. 

C. “Background Intellectual Property Rights” means any and all Intellectual Property Rights which (i) at [***] were owned or controlled [***]
or (ii) [***] or (iii) [***]. 
 D. “Competing Product” means any product or technology used or incorporated in a debit or credit card
reader. 
 E. “Confidential Information” means any non-public information, whether in tangible, machine readable, or electronic form, disclosed by
one Party (“Discloser”) to the other (“Recipient”), which the Discloser identifies at the time of disclosure as confidential and/or proprietary by means of a legend, marking, stamp or other notice conspicuously designating the
information to be confidential and/or proprietary, or information disclosed orally or visually by a 

  
 Confidential 

*** Certain information in this agreement has been omitted and filed separately with the Securities and Exchange Commission. [***] indicates that text has been
omitted and is the subject of a confidential treatment request. 

  
 2 

 
Party to this Agreement, where the Discloser identifies such information as confidential and/or proprietary at the time of its disclosure and, within thirty (30) days after such oral or
visual disclosure, reduces the subject matter of the disclosure to a tangible or electronic form properly identified in the manner described above and submits it to the Recipient. Confidential Information includes, without limitation, this
Agreement, including the exhibits hereto, and any specification, layout, design, drawing, formula, technique, algorithm, know-how, sample product, test data, information related to engineering, manufacturing, sales, marketing, management or quality
control, financial information or other information related to the business operations of the Discloser (including without limitation, with respect to Square, timing and quantity of product ordering). 

F. “Development Activities” means the development activities with respect to the Product set forth in the applicable SOW. 

G. “Development Phase” is defined as that time before the Product Release Date. 

H. “Engineering Samples” means initial pre-production samples verified to best available tests at room temperature, assembled in non-production
packaging, and intended for initial evaluation purposes only. 
 I. “Foreground Intellectual Property Rights” means all Intellectual Property
Rights [***]. Foreground Intellectual Property Rights do not include either Party’s Background Intellectual Property Rights. 
 J. “Intellectual
Property Rights” or “Intellectual Property” or “IPR” means any and all intellectual property rights worldwide arising under statutory or common law or by contract and whether or not perfected, now existing or hereafter
filed, issued, or acquired, including without limitation (a) all present and future patents and patent applications and all reissues, divisions, renewals, extensions, continuations and continuations-in-part thereof; (b) inventions,
invention disclosures, improvements, trade secrets, manufacturing processes, test and qualification processes, technical designs, compositions, formulae, models, schematics, proprietary information, know-how, technology, technical data and mask
works, and all documentation relating to any of the foregoing; (c) registered and unregistered copyrights (without limitation copyright on designs, software, both source and object code, mask works, and all derivative works thereof), copyright
registrations and applications therefore; (d) industrial designs and any registrations and applications therefore; and (e) any other form of intellectual property protection afforded by law which otherwise arises or is enforceable under
the laws of any jurisdiction or any bi-lateral or multi-lateral treaty regime. 
 K. “Mask Works” means one or more series of related images
however fixed or encoded (a) used during the semiconductor fabrication process, (b) having or representing the predetermined three dimensional pattern of metallic, insulating or semiconductor material present or removed from the layers of
a semiconductor chip product, and (c) in which series the relation of the images to one another is that each image has the pattern of the surface of one form of the semiconductor chip product as defined by the U.S. Semiconductor Chip Protection
Act of 1984. 

  
 Confidential 

*** Certain information in this agreement has been omitted and filed separately with the Securities and Exchange Commission. [***] indicates that text has been
omitted and is the subject of a confidential treatment request. 

  
 3 

 L. “ON SEMICONDUCTOR Deliverables” means any Product samples, prototypes, documentation and other
Confidential Information supplied by ON SEMICONDUCTOR to SQUARE pursuant to a Statement of Work. 
 M. “ON SEMICONDUCTOR Foreground Intellectual
Property Rights” means all Intellectual Property Rights conceived, created or developed [***], within the scope of this Agreement [***]. 
 N.
“Product(s)” means an ASIC developed specifically for SQUARE, as further defined in the applicable Statement of Work and meeting the requirements of the applicable ASIC Specification. 

O. “Product Release Date” means the date of SQUARE’s written approval of the Production Prototypes. 

P. “Production Activities” means the activities related to the manufacturing of Production Product following the Product Release Date. 

Q. “Production Product” means Product manufactured following the Product Release Date. 

R. “Production Prototypes” means production samples of Product built using final production processes, assembled in final production package,
verified to conform to the ASIC Specification, and subjected to final product qualification testing. 
 S. “Product Topography” means the final
and complete integrated circuit topography of the applicable ASIC as uniquely configured to the ASIC Specification and considered as a whole. Product Topography does not include any Mask Works or IPR thereof in the proprietary standard cells,
libraries, macros and/or other design data that comprise the individual elements of the integrated circuit topography. 
 T. “Square Deliverables”
means any software, schematics, specifications, netlists, microcode, designs, or techniques and other Confidential Information supplied by SQUARE to ON SEMICONDUCTOR for use in the design of the Product or otherwise incorporated therein. 

U. “Square Owned Foreground Intellectual Property Rights” means all Intellectual Property Rights conceived, created or developed solely by or on
behalf (other than by ON SEMICONDUCTOR) of SQUARE, within the scope of this Agreement since [***]. 
 V. “Statement of Work” or “SOW”
means a separate document attached to this Agreement that is substantially similar to the form set forth in Exhibit B and details the specific tasks to be performed by the Parties with respect to a particular Product. 

 

	ARTICLE 3:	DEVELOPMENT EFFORTS 

 3.1. SQUARE Deliverables. SQUARE will provide
ON SEMICONDUCTOR with the Square Deliverables and all other necessary documents and information as further detailed in 

  
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*** Certain information in this agreement has been omitted and filed separately with the Securities and Exchange Commission. [***] indicates that text has been
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the relevant Statement of Work or applicable ASIC Specification according to the delivery schedule detailed in the relevant document. The accuracy and integrity of the SQUARE Deliverables is and
remains the entire responsibility of SQUARE. 
 3.2. ON SEMICONDUCTOR Tasks. ON SEMICONDUCTOR shall use all commercially and
technically reasonable efforts to complete the development work according to the relevant SOW and/or ASIC Specification. 
 3.3.
SQUARE Tasks. SQUARE hereby agrees to reasonably participate in the development of the Product(s) and shall render all reasonably required assistance, skill, and support to perform its obligations under this Agreement and as stipulated in
the relevant SOW. 
  

	ARTICLE 4:	PROGRESS REVIEW 

 4.1. Progress Reports. ON SEMICONDUCTOR will send at
regular intervals (not less often than every two weeks) a progress report to the SQUARE’s program manager, procurement manager, or other designee as set forth in the relevant SOW. 

4.2. Progress Reviews. The Parties will hold regular progress review meetings at times and places mutually agreed upon (not less
often than every two weeks) to discuss the progress and the results, as well as the ongoing plans, or changes therein, with regard to the development of the Product(s). The SOW shall identify the Project Leader (and/or Program Manager) and key
designers designated by ON SEMICONDUCTOR to perform the Development Activities (collectively “Key Members”). ON SEMICONDUCTOR may not replace any of the Key Members without providing SQUARE with prior written notice. 

 

	ARTICLE 5:	PAYMENT 

 5.1. NRE Payment. SQUARE will pay ON SEMICONDUCTOR the amount due
for the development of the Product by ON SEMICONDUCTOR for SQUARE as set forth in the applicable SOW (“NRE”). 
 5.2.
Invoices. Invoicing of the NRE shall take place in accordance with the payment schedule as detailed in the applicable SOW. All invoices are payable within thirty (30) days of the date of invoice. 

 

	ARTICLE 6:	CHANGE REQUEST PROCEDURE 

 6.1. Changes. Either Party may from time to
time, during performance hereunder, request changes in the ASIC Specification and/or SOW. Such changes shall be implemented only upon the mutual written agreement of both Parties subject to the following conditions: (i) SQUARE shall have no
obligation to agree to any change request by ON SEMICONDUCTOR that SQUARE believes would adversely affect the pricing or operation of the Product in SQUARE’s application; and (ii) neither Party shall unreasonably withhold, delay or
condition its approval of a technically reasonable request. Any change request once agreed to by both Parties shall be treated as an Agreement modification and the terms of the relevant document, such as the NRE, pricing or development milestone
schedule, shall if necessary be adjusted to take account thereof. No ASIC Specification changes will be implemented by ON SEMICONDUCTOR except and until such ASIC Specification changes and the consequences thereof have been agreed upon in writing
and accepted by the Parties. 
 6.2. Payment for Changes. Payment of the charges in excess of the original NRE (if applicable)
occasioned by the additional development work required by such agreed-upon change shall be made by SQUARE to ON SEMICONDUCTOR according to the mutually agreed-upon payment schedule and amount set forth in a written amendment to the applicable SOW
and within thirty (30) days of the date of the invoice pertaining to such additional work. 

  
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	ARTICLE 7:	TERM AND TERMINATION OF THIS AGREEMENT 

 7.1. Term. This Agreement shall
enter into force on the Effective Date and shall remain in force for a period of three (3) years (“Initial Term”) and thereafter shall be automatically extended by one-year periods, unless by the end of the original or any extended
term hereof, the Agreement is terminated by either Party by giving a nine (9) months written notice of termination to the other Party prior to the end of the Initial Term or the then-applicable renewal term. 

7.2. SQUARE’s Termination for Convenience During Development Phase. SQUARE may terminate this Agreement and any Development
Activities hereunder for convenience immediately upon written notice, provided, however, that SQUARE shall remit to ON SEMICONDUCTOR within [***] of such termination such portion of the unpaid balance of the NRE as is sufficient to encompass the
work performed by ON SEMICONDUCTOR up to the date of termination, further provided that, upon receipt of SQUARE’s notice, ON SEMICONDUCTOR shall immediately cease its Development Activities and shall use commercially reasonable efforts to
cancel all obligations incurred by it in connection with such Development Activities as soon as reasonably practicable. In no event shall SQUARE’s liability to ON SEMICONDUCTOR under this Article 7.2 exceed [***]. 

7.3. Termination During Development Phase. In the event that ON SEMICONDUCTOR identifies issues that may affect the technical
feasibility of the production of the Product or determines that it cannot complete the Development Activities according to the relevant SOW, ON SEMICONDUCTOR shall promptly inform SQUARE thereof, and the Parties shall work in good faith to resolve
any issues with respect to the technical feasibility of the production of the Product identified by ON SEMICONDUCTOR. If the parties are unable to resolve such issues within thirty (30) days, either Party may terminate the Agreement upon
written notice to the other Party. In such case, SQUARE shall not be required to pay additional NRE to ON SEMICONDUCTOR and ON SEMICONDUCTOR shall not be required to repay any amounts to SQUARE. 

7.4. Breach. Either Party shall have the right to terminate this Agreement, or any development activities hereunder for material
breach of this Agreement, provided that thirty (30) days notice in writing is given to the defaulting Party and such breach has not been remedied prior to the expiration of such notice period. 

7.5. Survival of Provisions. The termination or expiration of this Agreement however arising shall be without prejudice to the
provisions of Article 8 (Representations and Warranties), Article 9 (Production Product Warranty), Article 10 (Quality, Safety, and Packaging Requirements), Article 11 (Indemnification), Article 12 (Limitation of Liability), Article 13
(Confidentiality), Article 14 (Ownership), and to any other express obligations in this Agreement of a continuing nature and to any right of either Party which may have accrued at or up to the date of termination. 

  
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	ARTICLE 8:	REPRESENTATIONS AND WARRANTIES 

 8.1. General Representation. Each Party
represents and warrants that: (i) it has the right to enter into this Agreement and to grant to the other Party the rights granted hereunder without breaching any other agreements to which it is a party; and (ii) it has all of the permits
and approvals necessary to perform the activities contemplated under this Agreement in accordance with applicable laws. 
 8.2.
Development Warranty. ON SEMICONDUCTOR warrants that its performance of the SOW will be performed by employees, consultants, contractors and agents of ON SEMICONDUCTOR who are skilled in their profession and in accordance with high
standards of workmanship in their profession. ON SEMICONDUCTOR warrants that the Product will be developed by ON SEMICONDUCTOR in accordance with the applicable ASIC Specification and will meet the function described therein. 

8.3. Remedy Development Warranty. SQUARE shall notify ON SEMICONDUCTOR promptly in writing upon discovery of any failure in ON
SEMICONDUCTOR’s performance as warranted hereunder. ON SEMICONDUCTOR shall comply with the response levels set forth in Exhibit F (“Warranty Response Times”), and after consultation with SQUARE in good faith, at ON
SEMICONDUCTOR’s sole option, shall use its best efforts to either repair or replace pre-production Products or repeat the development tasks until resolution of the relevant issues as soon as reasonably practicable. 

8.4. Future SOW Warranties. The Parties acknowledge that the SQUARE Deliverables under the SOW dated March 25, 2013 are in
an industry standard format. In the even that the Parties enter into future SOWs that contemplate SQUARE providing data to ON SEMICONDUCTOR in a format other than an industry standard format, upon request by ON SEMICONDUCTOR, the Parties will
negotiate in good faith a mutually acceptable start of project warranty with respect to such SQUARE provided data. 
  

	ARTICLE 9:	PRODUCTION PRODUCT WARRANTY 

 9.1. ON SEMICONDUCTOR warrants that its Production
Products will, at the time of shipment and for a period of [***] thereafter, be free from defects in material and workmanship and will conform to the ASIC Specification and applicable SOWs approved in writing by SQUARE and ON SEMICONDUCTOR. SQUARE
or SQUARE’s Authorized Purchaser must advise ON SEMICONDUCTOR in writing of any claims within the warranty period and obtain ON SEMICONDUCTOR’s return authorization, and return the Products to a

  
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facility or location directed by ON SEMICONDUCTOR. If the Products do not conform to the ASIC Specification, ON SEMICONDUCTOR shall comply with the Warranty Response Times and implement
corrective actions and use best efforts to replace the non-conforming Products within 14 days from SQUARE’s notice of non-conformance without additional payment by SQUARE or its Authorized Purchaser, and shall reimburse SQUARE or its Authorized
Purchaser for any commercially reasonable cost of transporting the non-conforming Products. In no event, however, shall ON SEMICONDUCTOR be responsible for any non-conformance or other defects in the Products resulting from improper handling after
delivery, misuse, neglect, improper installation or operation, repair, alteration, accident by SQUARE, any Authorized Purchaser and their respective agents, or for any other cause not attributable to defective workmanship or failure to meet
specifications on the part of ON SEMICONDUCTOR. 
 9.2. SOFTWARE PROGRAMS ARE NOT WARRANTED AND ARE PROVIDED ON AN “AS IS”
BASIS ONLY. 
 9.3. THIS WARRANTY EXTENDS TO SQUARE AND ITS AUTHORIZED PURCHASER(S) ONLY AND MAY BE INVOKED ONLY BY SQUARE AND ITS
AUTHORIZED PURCHASER(S) FOR THE APPLICABLE CUSTOMER(S). ON SEMICONDUCTOR WILL NOT ACCEPT WARRANTY RETURNS FROM SQUARE’S CUSTOMERS OR USERS OF SQUARE’S PRODUCTS. THIS WARRANTY DOES NOT APPLY TO DEFECTS ARISING AS A RESULT OF SQUARE’S
DESIGN. (HOWEVER, FOR CLARITY, IT WILL ACCEPT RETURNS FROM SQUARE AND/OR THE AUTHORIZED PURCHASER(S)). 
 9.4. THE FOREGOING WARRANTY
CONSTITUTES ON SEMICONDUCTOR’S EXCLUSIVE LIABILITY AND THE EXCLUSIVE REMEDY OF SQUARE FOR ANY BREACH OF WARRANTY OR NON-CONFORMITY OF THE PRODUCTS. THIS WARRANTY IS EXCLUSIVE AND IN LIEU OF ALL OTHER WARRANTIES, EXPRESS, IMPLIED OR STATUTORY,
INCLUDING BUT NOT LIMITED TO THE WARRANTIES FOR MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE, WHICH ARE HEREBY EXPRESSLY DISCLAIMED. 
  

	ARTICLE 10:	QUALITY, SAFETY, AND PACKAGING REQUIREMENTS 

 10.1. Requirements and
Qualifications. ON SEMICONDUCTOR will comply, at its cost, with the quality, safety, environmental and regulatory requirements set forth in ON SEMICONDUCTOR’S Quality Standards, or in the absence of such requirements, with good commercial
practice and applicable law. ON SEMICONDUCTOR will maintain reasonable records sufficient to document its compliance. 
 10.2. All
Products shall be packaged in accordance with ON SEMICONDUCTOR’S Packing and Labeling Reference Manual, attached as Exhibit E and any successor document acceptable to SQUARE. 

10.3. Failures and Safety Risks. If ON SEMICONDUCTOR has reason to believe that any ON SEMICONDUCTOR Deliverables or Product
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to comply with the requirements of Section 10.1, ON SEMICONDUCTOR will notify SQUARE immediately, and promptly take action to diagnose and remedy any noncompliance. ON SEMICONDUCTOR will
reimburse SQUARE for all reasonable, incremental, actual, and documented related expenses incurred by SQUARE to respond to and address any such non-compliance SQUARE shall proactively make all commercially reasonable efforts to mitigate costs
incurred. 
  

	ARTICLE 11:	INDEMNIFICATION 

 11.1. ON SEMICONDUCTOR shall defend, indemnify, and hold SQUARE
and Authorized Purchasers harmless from and against any claim brought against SQUARE including payment of any resulting damages (including costs and attorneys’ fees) awarded against SQUARE by a court of competent jurisdiction, insofar as such
claim is based on an allegation that any Product(s) (including for clarity Production Products) supplied by ON SEMICONDUCTOR under this Agreement infringes [***] Intellectual Property, provided that SQUARE gives timely written notice to ON
SEMICONDUCTOR of any such claim(s) and provides reasonable assistance to ON SEMICONDUCTOR in the defense of such claim at ON SEMICONDUCTOR’s cost. SQUARE agrees that, subject to Section 12.2, ON SEMICONDUCTOR shall have sole control of the
defense and all related settlement negotiations, provided that (i) ON SEMICONDUCTOR shall keep SQUARE reasonably informed about the status of such defense (including any material deadline) and settlement negotiations, (ii) SQUARE may
participate in such defense or settlement negotiations with its own counsel at SQUARE’S expense and (iii) ON SEMICONDUCTOR shall not settle or consent to the entry of any judgment that imposes any liability or restriction on SQUARE or
Authorized Purchasers without SQUARE’s prior written consent. This indemnity does not extend to any claim to the extent based on (a) ON SEMICONDUCTOR’s compliance with SQUARE’s contributions to the ASIC Specification,
(b) the use of SQUARE Background IPR, (c) a modification to the Product(s) by or on behalf of SQUARE not authorized by ON SEMICONDUCTOR, if the alleged infringement would not have occurred but for such modification, or (d) combination
of the Product(s) by or on behalf of SQUARE, with other products, technology or software, if the alleged infringement would not have occurred but for such combination, or (e) use of any Product(s) other than as expressly authorized by this
Agreement, nor does this indemnity extend to any claim that is part of any third party litigation pending or threatened in writing against SQUARE prior to the Effective Date.  

In the event that any Product(s) (including for clarity Production Products) are held to infringe or the use of such that the Product(s) is enjoined, or may
in both Party’s reasonable opinions infringe on any third party Intellectual Property Rights, ON SEMICONDUCTOR shall after consultation with SQUARE, and at ON SEMICONDUCTOR’S sole option (a) obtain the right to continue using such
Product(s) or (b) modify the Product(s) to make them non-infringing provided that ON SEMICONDUCTOR can do so within the requirements of the applicable ASIC Specification. If neither (a) nor (b) is commercially practical, ON
SEMICONDUCTOR shall refund to SQUARE the purchase price received with respect to such affected Product and reimburse SQUARE for all commercially reasonable transportation costs incurred by SQUARE to remove and/or replace the affected Products with
other products, in which case SQUARE’s rights and licenses with respect thereto will terminate and ON SEMICONDUCTOR shall make all commercially reasonable efforts to avoid disrupting the supply of Products from ON SEMICONDUCTOR to SQUARE,
provided, however, that SQUARE may terminate the whole Agreement upon written notice to ON SEMICONDUCTOR without liability to either Party. 

  
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 11.2. THIS SECTION STATES EACH PARTY’S ENTIRE LIABILITY FOR ANY INTELLECTUAL PROPERTY
INFRINGEMENT. 
 11.3. SQUARE shall defend, indemnify, and hold ON SEMICONDUCTOR harmless from and against any claim brought against
ON SEMICONDUCTOR including payment of any resulting damages, liabilities and costs (including costs and attorneys’ fees) awarded against ON SEMICONDUCTOR by a court of competent jurisdiction, insofar as such claim is based on an allegation of
infringement of any third party Intellectual Property to the extent relating to (a) the use of SQUARE Background IPR in accordance with this Agreement, (b) ON SEMICONDUCTOR’s compliance with SQUARE’s contributions to the ASIC
Specification, (c) SQUARE’s modification to the Products if the alleged infringement would not have occurred but for such modification, (d) SQUARE’s combination of the Product with other products, technology or software by
SQUARE, if the alleged infringement would not have occurred but for such combination, and/or (e) SQUARE’s use of any Product(s) other than in accordance with this Agreement, provided however, that ON SEMICONDUCTOR shall notify SQUARE
promptly of any such claim(s) and cooperate reasonably in the defense of such claim, and that, subject to Section 12.2, SQUARE shall have sole control of the defense and all related settlement negotiations, provided that (i) SQUARE shall
keep ON SEMICONDUCTOR reasonably informed about the status of such defense (including any material deadline) and settlement negotiations, (ii) ON SEMICONDUCTOR may participate in such defense or settlement negotiations with its own counsel at
ON SEMICONDUCTOR’S expense and (iii) SQUARE shall not settle or consent to the entry of any judgment that imposes any liability or restriction on ON SEMICONDUCTOR without ON SEMICONDUCTOR’s prior written consent. 

 

	ARTICLE 12:	LIMITATION OF LIABILITY 

 12.1. Limitations During Development Activities.
The Parties expressly agree that, except for damages awarded to third parties and covered under Article 11, and breach of the obligations under Articles 13 and Section 14.5 (first two sentences), each Party’s total liability for any kind
of loss, damage or liability arising under or in connection with Development Activities under this Agreement, under any theory of liability, shall in no event exceed the NRE actually paid or payable by SQUARE to ON SEMICONDUCTOR under this
Agreement. 
 12.2. Limitations During Production Activities. The Parties expressly agree that, except for the indemnification
obligations under Articles 11 and breach of Article 13 and Section 14.5 (first two sentences), each Party’s total liability for any kind of loss, damage or liability arising under or in connection with Production Activities under this
Agreement, shall not exceed [***]. Each Party’s total liability with respect to the indemnification obligations under Article 11 and breach of Article 13 and Section 14.5 (first two sentences) shall not exceed [***]. Damages stemming from
events with substantially similar root causes are agreed to be aggregated to constitute one singular claim and shall have only one date of occurrence, deemed to occur when the claim first arises. 

  
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 12.3. EXCEPT FOR [***] BREACH OF SECTIONS 13 AND 14.5 (FIRST TWO SENTENCES), IN NO EVENT
SHALL EITHER PARTY BE LIABLE FOR ANY SPECIAL, CONSEQUENTIAL, INCIDENTAL OR INDIRECT DAMAGES (INCLUDING WITHOUT LIMITATION LOSS OF USE, LOSS OF OPPORTUNITY, MARKET POTENTIAL, GOODWILL AND/OR PROFIT, LOSS OF REPUTATION AND OTHER ECONOMIC LOSS) ARISING
OUT OF THIS AGREEMENT WHETHER BASED ON CONTRACT, TORT, THIRD PARTY CLAIMS OR OTHERWISE, EVEN IF THE OTHER PARTY HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES. 

12.4. For purposes of this Article 12 only, the Production Activities shall be deemed to commence as of the date of the first purchase
order for a Production Product. Until such time, the obligations of the parties shall be deemed to fall within Development Activities. 

12.5. Notwithstanding any language to the contrary, SQUARE’s obligations for payment under Article 5, and Exhibit C
Section VI are not subject to any of the limitations in this Article 12. 
  

	ARTICLE 13:	CONFIDENTIALITY 

 Notwithstanding the terms of the Confidential Disclosure Agreement, effective [***]
between the Parties (the “NDA”), each Party will for a period of five (5) years after receipt of the other Party’s Confidential Information treat as confidential all Confidential Information of the other Party, will not use the
Confidential Information except as expressly set forth herein or otherwise authorized in writing, will implement reasonable procedures to prohibit the disclosure, unauthorized duplication, misuse or removal of the other Party’s Confidential
Information and will not disclose the Confidential Information to any third party except as may be necessary and required in connection with the rights and obligations of such Party 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 will use at least the same procedures and degree of care which it uses to prevent the disclosure of its own Confidential Information of like
importance to prevent the disclosure of Confidential Information disclosed to it by the other Party under this Agreement, but in no event less than reasonable care. 

Notwithstanding the above, neither Party will have liability to the other with regard to any Confidential Information of the other which: 

 

	(a)	is now available or becomes available to the public without breach of this Agreement; 

  

	(b)	is known by the receiving Party at the time of disclosure and is not subject to restriction; 

  

	(c)	is independently developed or learned by the receiving Party; 

  

	(d)	is lawfully obtained from a third party which has the right to make such disclosure; or 

  

	(e)	is released for publication or use by the disclosing Party in writing. 

  
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 It is expressly understood that any drawings, blueprints, descriptions, or other papers, resumes, documents,
tapes, or any other media transferred by the disclosing Party hereunder, and all copies, modifications, and derivatives thereof, will remain the property of the disclosing Party, and the receiving Party is authorized to use those materials only in
accordance with the terms and conditions of this Agreement. Notwithstanding the period of confidentiality set forth herein, the receiving Party may not knowingly transfer such material or any part of it to any third party. Upon termination and upon
written request, the receiving Party will, at the disclosing Party’s option, either return all Confidential Information (including Technical Information) to the disclosing Party along with all copies and/or derivatives made, including that on
computer databases and copies of portions of the Confidential Information, or destroy all such Confidential Information and certify by written memorandum that all such Confidential Information has been destroyed, except that the receiving Party may
retain archival copies of the Confidential Information, which are to be used only in case of a dispute concerning this Agreement. 
  

	ARTICLE 14:	OWNERSHIP 

 14.1. Ownership. The design, development, or manufacture by ON
SEMICONDUCTOR of Product(s) shall not be deemed to produce a work made for hire. All Background Intellectual Property Rights that belong to either Party shall remain with such Party. Subject to the license set forth in Section 14.2.1 and to
Section 14.2.2, [***] shall be jointly owned by the Parties [***]. 
 14.2. License to [***]. 

14.2.1 ON SEMICONDUCTOR hereby grants to SQUARE a perpetual, irrevocable, non-exclusive, worldwide, royalty-free, fully paid up
license, without the right to sublicense, under [***]. 
 14.2.2 Notwithstanding anything to the contrary, ON SEMICONDUCTOR may not
use, license or otherwise exploit [***].  
 14.3. SQUARE Deliverables. [***]

  
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Background Intellectual Property Rights in the SQUARE Deliverables and any Square Foreground Intellectual Property Rights to design, make, have made, test, have tested, package, import,
distribute and sell Products to SQUARE or SQUARE designees in accordance with performance under this Agreement. 
 14.4.
Tooling. ON SEMICONDUCTOR shall retain title to and possession of all tooling of any kind used in the production of the Product hereunder including, but not limited to, pattern generator tapes, reticles and probe cards used in the
production of the Product hereunder (such reticles and test fixtures, “Licensed Tooling”). To the extent that the Products incorporate, in whole or in part, proprietary standard cells, libraries, macros and/or other design data of ON
SEMICONDUCTOR, notwithstanding anything in this Agreement to the contrary (but subject in each case to the licenses granted under this Agreement), ON SEMICONDUCTOR retains exclusive ownership of all such proprietary standard cells, libraries, and
macros, and all rights in Mask Works in and to all Products developed under this Agreement. 
 14.5. Mask Works. Subject to
SQUARE’s payment in full to ON SEMICONDUCTOR of the NRE, ON SEMICONDUCTOR grants to SQUARE a perpetual, irrevocable, royalty-free, fully paid up and sublicensable (as needed for third parties to incorporate Product(s) into SQUARE products and
commercialize such products) license to exercise all rights in the Mask Works embodied in the Product and in the Licensed Tooling. Such license is sole and exclusive (including as to ON SEMICONDUCTOR) with respect to the Product Topography and
Licensed Tooling and non-exclusive with respect to the Mask Works embodied in ON SEMICONDUCTOR’s individual proprietary standard cells, libraries, macros and other design data contained in the Product. Furthermore, notwithstanding anything to
the contrary, the parties agree that [***]. SQUARE shall have the right (at its sole discretion and expense) to pursue infringement actions against third party infringers of rights in the Mask Works licensed to SQUARE hereunder. However, nothing
contained herein shall in any way limit ON SEMICONDUCTOR’s unrestricted right, at its sole discretion and expense and for its sole benefit, to institute an infringement action against any third party that ON SEMICONDUCTOR determines has
infringed any Mask Work rights of ON SEMICONDUCTOR pertaining to ON SEMICONDUCTOR’s proprietary standard cells, libraries, macros and/or other design data. Except as set forth in this Agreement, ON SEMICONDUCTOR or its licensees or customers
shall have the unrestricted right to use existing and/or future proprietary standard cells, libraries, macros and/or design data of ON SEMICONDUCTOR worldwide to design, make, have made, import, distribute and sell semiconductor products of any
nature whatsoever. 
  

	ARTICLE 15:	ASSIGNMENT – SUBCONTRACTING 

 15.1. Assignment. Except upon prior
written consent of the other Party, neither Party may assign any right or obligation it may have under this Agreement except to an affiliate or a successor to all or substantially all of the assets (whether by merger, acquisition or sale) to which
this Agreement relates. 
 15.2. Subcontracting. During the performance of the development work by ON SEMICONDUCTOR for
SQUARE, ON SEMICONDUCTOR can use the services of its subcontractors and/or consultants provided that ON SEMICONDUCTOR remains fully liable for the performance of ON SEMICONDUCTOR and its subcontractors or consultants hereunder. 

  
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	ARTICLE 16:	SUPPLY AGREEMENT 

 ON SEMICONDUCTOR shall supply Production Products to SQUARE in accordance with the
terms set forth in Exhibit C. 
  

	ARTICLE 17:	INTEGRATION 

 This Agreement and the Exhibit(s) annexed hereto collectively constitute the entire
agreement between the Parties with respect to the subject matter hereof. This Agreement supersedes and repeals all previous negotiations or understandings between the Parties relating to the subject matter hereof. 

 

	ARTICLE 18:	MODIFICATION 

 This Agreement may not be modified, altered, changed or amended in any respect except in a
writing signed by the respective authorized representatives of both Parties. 
  

	ARTICLE 19:	NOTICE 

 Any notice required to be given hereunder (other than routine transactional communications)
shall be in writing and shall be sent by certified mail or courier service (such as FedEx) to the following addresses of the respective Parties (or to such other address as either Party may designate from time to time by written notice to the other
Party) 
  

			
	To SQUARE At:	  	To ON SEMICONDUCTOR At:
		
	SQUARE, INC.	  	ON SEMICONDUCTOR
	901 Mission Street	  	5005 E. McDowell Rd, M/S A700
	San Francisco, CA 94103	  	Phoenix, AZ 85008
	Attn. General Counsel	  	Attn. Chief IP Counsel

  

	ARTICLE 20:	RELATIONSHIP OF THE PARTIES 

 Nothing in this Agreement shall be deemed to create a partnership or any
agency relationship between ON SEMICONDUCTOR and SQUARE. ON SEMICONDUCTOR and SQUARE are independent companies. No Party shall be entitled to act on behalf of and/or to bind the other Party. 

ARTICLE 21: SEVERANCE 
 If any provision or part of
any provision of this Agreement or the Exhibits hereto is invalidated by operation of law or otherwise, that provision or part will, to that extent, be deemed omitted and the remainder of the Agreement or applicable Exhibit will remain in full force
and effect. In 

  
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the place of any such invalid provision or part thereof, the Parties undertake to agree on a similar but valid provision the effect of which is as close as possible to that of the invalid
provision or part thereof. 
  

	ARTICLE 22:	ENGLISH LANGUAGE AND CURRENCY 

 All communications, data, documentation and disclosures of information by
the Parties under this Agreement will be in English and the English language will be the governing language in the performance of this Agreement. All prices set forth herein are in United States dollars, and all payments and computations shall be in
United States dollars (or such other currency to which ON SEMICONDUCTOR, in its sole discretion, may expressly agree in writing). 
  

	ARTICLE 23:	WAIVER 

 The failure of a Party to enforce at any time any of the provisions of this Agreement, or the
failure to require at any time performance by any other Party of any of the provisions of this Agreement, shall in no way be construed to be a present or future waiver of such provisions, nor in any way affect the validity thereof or a Party’s
right to enforce each and every such provision thereafter. The express waiver by a Party of any provision, condition or requirement of this Agreement shall not constitute a waiver of any future obligation to comply with such provision, condition or
requirement. 
  

	ARTICLE 24:	UNITED STATES EXPORT CONTROLS 

 In order to facilitate the exchange of information in accordance with
this Agreement and in conformity with the laws and regulations of the United States relating to the exportation of technical data, the Parties agree to comply fully with all relevant laws and regulations of the United States Government. Both Parties
hereby certify that no technical data or direct products thereof will be made available or exported or re-exported, directly or indirectly, to anyone unless such prior authorization as may be required is first obtained by such Party from the Office
of Export Administration of the U.S. Department of Commerce, International Trade Administration, in accordance with the Export Administration Regulations issued by the Department of Commerce of the United States in the administration of the Export
Administration Act of 1979, as amended from time to time. 
  

	ARTICLE 25:	FORCE MAJEURE 

 Neither Party will be liable for not performing any of its obligations hereunder to the
extent such non-performance results from Force Majeure. Such non-performance will be excused for as long as such Force Majeure shall be continuing provided that the non-performing party gives immediate written notice to the other party of the Force
Majeure. Such non-performing party shall exercise all reasonable efforts to eliminate the Force Majeure and to resume performance of its affected obligations as soon as practicable. The expression “Force Majeure” shall mean acts of
God, (civil) war, insurrections, fires, floods, epidemics, freight embargoes, material shortage or labor conditions, or similar events beyond reasonable control. Force Majeure affecting a Party’s contractors/suppliers shall not be considered to
be Force Majeure affecting said Party. 

  
 Confidential 

  
 15 

 
Each Party shall promptly notify the other Party in writing of any delay caused by Force Majeure. If the non-performing party is unable to resume performance within thirty (30) days after
the delivery of the said written notice, the other party may terminate this Agreement without any liability. 
  

	ARTICLE 26:	GOVERNING LAW 

 26.1. Choice of Law. This Agreement shall be governed by,
interpreted, construed and enforced in accordance with the laws of New York, without reference to its conflict of law principles. The United Nations Convention in the International Sale of Goods shall not apply to this Agreement or any transaction
contemplated hereby. 
 26.2. Dispute Resolution. Any dispute concerning the validity, interpretation and/or performance of
this Agreement shall first be discussed in good faith between the Parties in order to try to find an amicable solution. 
  

	ARTICLE 27:	PRODUCT USE RESTRICTION 

 ON SEMICONDUCTOR’S PRODUCTS ARE NOT DESIGNED, INTENDED OR AUTHORIZED FOR
USE AS CRITICAL COMPONENTS IN LIFE SUPPORT DEVICES OR SYSTEMS WITHOUT THE EXPRESS WRITTEN APPROVAL OF THE ON SEMICONDUCTOR. SQUARE agrees to indemnify and hold ON SEMICONDUCTOR, its officers, employees, subsidiaries, affiliates, and distributors,
harmless against all claims, costs, damages and expenses, and reasonable attorney’s fees arising out of, directly or indirectly, any claims of personal injury or death associated with such unauthorized use, even if such claim alleges that ON
SEMICONDUCTOR was negligent regarding the design or manufacture of the part. 
 As used herein: (1) Life support devices or systems are devices or
systems which, (a) are intended for surgical implant into the body, or (b) support or sustain life, and whose failure to perform when used properly, and in accordance with ON SEMICONDUCTOR’s applicable instructions or labeling, could
reasonably be expected to result in injury or death to a user of a Life support device or system. (2) A critical component is any component of a life support device or system whose failure to perform can be reasonably expected to cause the
failure of the life support device or system, or to affect its safety or effectiveness. 
  

	ARTICLE 28:	EXHIBITS 

 The following Exhibits are attached hereto and incorporated herein by this reference: 

Exhibit A: ASIC Specification 
 Exhibit B: Statement of Work 

Exhibit C: Production Product Supply Agreement Terms 
 Exhibit D:
Letter of Authorization for SQUARE Authorized Purchaser 
 Exhibit E: ON SEMICONDUCTOR’S Packaging and Labeling Reference Manual 

Exhibit F: Warranty Response Times 
 Exhibit G: Specified
Technology 

  
 Confidential 

  
 16 

 IN WITNESS WHEREOF, the Parties have caused this Agreement to be executed by their duly authorized representative
as of the date below. 
  

									
	For SQUARE, Inc.	 		 	For Semiconductor Components Industries, LLC
					
	By:	 	 /s/ Sarah Friar
	 		 	By:	 	 /s/ Ruth Franklin

		 	Signature	 		 		 	Signature
	Name:	 	 Sarah Friar
	 		 	Name:	 	 Ruth Franklin

	Title:	 	 CFO Interim COO
	 		 	Title:	 	 Corporate Contracts Counsel

	Date:	 	 4/2/2013
	 		 	Date:	 	 4/5/12

				
		 		 		 	For ON Semiconductor Trading, Ltd.
					
		 		 		 	By:	 	 /s/ Anne-Marie Hebert

		 		 		 		 	Signature
		 		 		 	Name:	 	 Anne-Marie Hebert

		 		 		 	Title:	 	 General Manager, VP

		 		 		 	Date:	 	 April 9, 2013

  
 Confidential 

  
 17 

 Exhibit A 

ASIC Specification 

ON Semiconductor Product Specification 

Device # 21427-900 
 ON Semiconductor
undertakes to meet the following Product Specification. Any parameters or features which are not specified explicitly herein cannot be designed for and therefore cannot be warranted. Remedies for the failure of this device to comply with this
Product Specification are set forth in other documents. 
 This Specification describes the behaviour of the circuit to be developed by ON Semiconductor. It
is the customer’s responsibility to check it carefully to make sure that it meets the application requirements. 
 The parties agree to the terms of
this Product Specification and agree it supersedes and cancels any and all previous agreements, written or oral, between the parties relating to the technical requirements the device must meet and expresses the complete and final understanding of
the parties with respect thereto. This Specification must be signed by both parties at the exit of the Product Definition phase and at Product Release (Limited Transfer to Qualification or Limited Transfer to Production). 

AGREED TO BY: 
  

							
	 ON APPROVAL
	 	 	 	 CUSTOMER APPROVAL

	Product Development	 	Design Engineer or Buyer:	 	
	Technical Lead: Jerry Monsen	 	Kartik Lamba	 	
				
	Signature	 	Date:	 	Signature	 	Date:
				
	Business Unit	 		 	Customer Name:    Square	 	
	Program Manager: Pat Sedlymayer	 		 	  

		 		 	Division:	 	
				
	Signature	 	Date:	 		 	
				
	Project Name	 		 	Address:	 	
	Square M1	 		 		 	
				
		 		 	Phone:	 	Fax:
	Specification Version Number:	 		 	Customer Document Number	 	
	1.12	 		 	E-ICS-0076	 	

 [PAGES 2-50 OF EXHIBIT A HAVE BEEN REDACTED] 

  
 Confidential 

  
 18 

 Exhibit B 

Statement of Work 
 This Statement
of Work (“SOW”) is dated March 25, 2013 and incorporates by reference the terms of the ASIC Development and Supply Agreement, entered into by and between ON SEMICONDUCTOR, ON Semiconductor Trading, Ltd. and SQUARE, dated as of
March 25, 2013 (“Agreement”). Any capitalized term used in this SOW but not defined herein shall have the meaning ascribed to such term in the Agreement. 
  

	I.	ASIC SPECIFICATION – See Exhibit A. 

  

	II.	DEVELOPMENT PHASE– As of the Effective Date, all development tasks in tables A and B below through “Post-Layout Chip Simulations (MS)*” have been completed. 

A. DEFINITION PHASE 
  

							
	 Development Task
	  	 Square
Inc.
	  	 ON
	  	 Schedule

(Critical Path)

	[***]
	[***]	  	[***]	  	[***]	  	
	[***]	  	[***]	  	[***]	  	[***]
	[***]	  	[***]	  	[***]	  	[***]
	[***]	  	[***]	  	[***]	  	[***]
	[***]	  		  		  	[***]

 B. [***] 
  

							
	 Development Task
	  	 Square
Inc.
	  	 ON
	  	 Schedule

(Critical Path)

	[***]
	[***]	  		  	[***]	  	
	[***]	  		  	[***]	  	
	[***]	  		  	[***]	  	
	[***]	  		  	[***]	  	
	[***]	  		  	[***]	  	
				
	[***]	  		  	[***]	  	[***]
	[***]	  		  	[***]	  	
	[***]	  		  	[***]	  	[***]
	[***]	  		  	[***]	  	[***]
				
	[***]	  		  	[***]	  	
	[***]	  		  	[***]	  	[***]
	[***]	  	[***]	  	[***]	  	[***]
	[***]	  		  	[***]	  	[***]

  
 Confidential 

*** Certain information in this agreement has been omitted and filed separately with the Securities and Exchange Commission. [***] indicates that text has been
omitted and is the subject of a confidential treatment request. 

  
 19 

					
	[***]	  	[***]	  	
	[***]	  	[***]	  	[***]
	
	[***]
	[***]	  	[***]	  	
	[***]	  	[***]	  	[***]
	[***]	  	[***]	  	[***]
			
	[***]	  	[***]	  	[***]
	[***]	  	[***]	  	[***]
	[***]	  	[***]	  	
	[***] Samples	  		  	[***]

 C. [***] 
  

							
	 Development Task
	  	 Square
Inc.
	  	ON	  	Schedule
(Critical Path)
	[***]
	[***]	  	[***]	  		  	[***]
	[***]	  		  	[***]	  	[***]
	[***]	  		  	[***]	  	[***]
	[***]	  		  	[***]	  	[***]
	[***]	  		  	[***]	  	[***]
	[***]	  		  	[***]	  	[***]
	[***]	  		  	[***]	  	[***]
				
	[***]	  		  	[***]	  	[***]
	[***]	  		  	[***]	  	[***]
	[***]	  		  	[***]	  	[***]
				
	[***]	  		  	[***]	  	[***]
	[***]	  		  	[***]	  	[***]
	[***]	  		  	[***]	  	
	[***]	  	[***]	  		  	[***]
	[***]	  		  		  	[***]
	[***]	  		  		  	[***]

  

	III.	KEY MEMBERS - [***] 

  

	IV.	BASIC TERMs 

 Milestone Sign-Off: The signoff of the development milestones in this SOW by an
authorized representative of SQUARE shall confirm acknowledgment by SQUARE of successful completion of those respective milestones. 

  
 Confidential 

*** Certain information in this agreement has been omitted and filed separately with the Securities and Exchange Commission. [***] indicates that text has been
omitted and is the subject of a confidential treatment request. 

  
 20 

 Engineering Samples: ON SEMICONDUCTOR shall use all commercially and technically reasonable efforts to
develop, manufacture, package, test and ship to SQUARE, for SQUARE’s examination and testing, [***] Engineering Samples according to the milestone schedule in this SOW. SQUARE shall advise ON SEMICONDUCTOR in writing of SQUARE’s approval
or rejection of such Engineering Samples in accordance with the Agreement and this SOW. Any written notice of rejection shall state with particularity the basis for SQUARE’s rejection of the Engineering Samples. ON SEMICONDUCTOR is obligated to
repeat the Engineering Sample process set forth herein, at ON SEMICONDUCTOR’s expense, in the event that Product does not meet agreed specifications, or ON SEMICONDUCTOR misprocesses the Engineering Samples or the applicable requirements in
Article 8 in the attached Agreement are not satisfied. ON SEMICONDUCTOR will use all commercially and technically reasonable efforts to repeat the Engineering Sample process within a period of time agreed by both Parties after SQUARE notifies ON
SEMIOCONDCUTOR of its desire for the Engineering Sample process to be repeated. 
 Production Prototypes: Upon completion of development activities
and SQUARE’s acceptance of the Engineering Samples, ON SEMICONDUCTOR shall deliver [***] Production Prototypes to SQUARE. SQUARE shall advise ON SEMICONDUCTOR in writing of SQUARE’s approval or rejection of Production Prototypes in
accordance with the milestone schedule in this SOW. Rejection may only be for the failure of the Production Prototypes to comply with the applicable requirements in Article 8 in the attached Agreement. Any written notice of rejection shall state
with particularity the basis for SQUARE’s rejection of the Production Prototypes. In the event that the Production Prototype does not operate properly per the ASIC Specification, SQUARE shall have the right to require ON SEMICONDUCTOR to repeat
the Production Prototype process. The Parties will mutually agree on the changes necessary to redesign the Product so it conforms with applicable requirements. ON SEMICONDUCTOR will repeat the Production Prototype process set forth herein, at ON
SEMICONDUCTOR’ expense, in the event that the prototypes do not meet the requirements herein. ON SEMICONDUCTOR will use all commercially and technically reasonable efforts to repeat the Production Prototype process within a period of time
mutually agreed by both Parties after SQUARE notifies ON SEMICONDUCTOR of its desire for the Production Prototype process to be repeated. 
 Additional
Engineering Samples. SQUARE may request additional Engineering Samples from the first shuttle run. If additional Engineering Samples are available, ON SEMICONDUCTOR will provide up to [***] at no additional cost to SQUARE. If additional
Engineering Samples are not available from the first shuttle run, a second shuttle run will be required at a cost of [***] to SQUARE. The quantity of Engineering Samples provided to SQUARE will be [***] units but shall not exceed [***]. SQUARE shall
not have any right to return such additional Engineering Samples to ON SEMICONDUCTOR. 
 Additional Production Prototypes. At SQUARE’s request,
up to [***] additional Production Prototypes may be purchased by SQUARE from ON SEMICONDUCTOR at a price of [***]. These additional Production Prototypes shall be delivered in accordance with the milestone schedule mutually agreed by both Parties.
Orders for additional Production Prototypes must be 

  
 Confidential 

*** Certain information in this agreement has been omitted and filed separately with the Securities and Exchange Commission. [***] indicates that text has been
omitted and is the subject of a confidential treatment request. 

  
 21 

 
received by ON SEMICONDUCTOR before reticle generation. SQUARE shall not have any right to return such additional Production Prototypes to ON SEMICONDUCTOR. SQUARE shall not have any right to
require ON SEMICONDUCTOR to provide any replacement additional Production Prototypes, unless the additional Production Prototypes delivered by ON SEMICONDUCTOR to SQUARE do not satisfy the ASIC Specification or the requirements of Article 8 in the
attached Agreement. 
  

	V.	NRE PAYMENT SCHEDULE 

 SQUARE shall pay the NRE to ON SEMICONDUCTOR in the total amount of [***] in
accordance with the following schedule and within [***] days of issuance of ON SEMICONDUCTOR’s invoice applicable to the scheduled event: 
  

			
	 Development Activity
	  	 NRE Charge

	[***]	  	[***]
	[***]	  	[***]
	[***]	  	[***]
	[***]	  	[***]
	[***]	  	[***]
	[***]	  	[***]
	[***]	  	[***]
	[***]	  	[***]
	[***]	  	[***]

 2. NRE Charges Payment Schedule 

 

			
	 Milestone
	  	 NRE Charge

	[***]	  	[***]
	[***]	  	[***]
	[***]	  	[***]
	[***]	  	[***]
	[***]	  	[***]

  

	**	Previously invoiced and paid. 

  
 Confidential 

*** Certain information in this agreement has been omitted and filed separately with the Securities and Exchange Commission. [***] indicates that text has been
omitted and is the subject of a confidential treatment request. 

  
 22 

 Exhibit C 

Production Product Supply Agreement Terms 

I. Pricing: 
  

					
	 Contract Year Volume
	  	Price (US$)	 
	 [***]
	  	 	[***	] 
	 [***]
	  	 	[***	] 
	 [***]
	  	 	[***	] 
	 [***]
	  	 	[***	] 

 Note: Pricing changes may occur by mutual written agreement. The Production Product pricing in this Exhibit is based on the
annual volumes in the table above and a minimum purchase order quantity of [***], provided that SQUARE may specify under a purchase order multiple delivery dates (no more than three months apart) of not less than [***] per shippable line (based upon
applicable reel size). If actual annual volumes fall below [***], the Parties will mutually agree in writing to pricing changes for annual volumes below [***]. 

II. Supply: 
 A. Supply. Subject to the terms and
conditions of the Agreement, following the Product Release Date, ON SEMICONDUCTOR will manufacture Production Products in accordance with the ASIC Specification and any applicable SOWs approved in writing by SQUARE and supply SQUARE or an Authorized
Purchaser with such Production Products, and SQUARE or an Authorized Purchaser will purchase Production Products ordered pursuant to purchase orders placed from time to time. 

B. Procurement. ON SEMICONDUCTOR will manage all material procurement and production planning, including, without limitation, support of procurement
for development builds, and will be responsible for placing purchase orders for SQUARE approved third-party components in a timely manner. 
 III.
Ordering: 
 A. Submission of Purchase Orders. SQUARE or an Authorized Purchaser may order Production Products by submitting purchase orders to ON
SEMICONDUCTOR in writing or through electronic transmission. Such purchase order shall serve as authorization to ON SEMICONDUCTOR to procure materials, manufacture Production Product and deliver Production Product. 

B. Acceptance of Purchase Orders. Unless otherwise specified under an applicable SOW, ON SEMICONDUCTOR will accept all purchase orders submitted by
SQUARE or an Authorized Purchaser that are both covered by a Forecast (as defined in this Exhibit) confirmed 

  
 Confidential 

*** Certain information in this agreement has been omitted and filed separately with the Securities and Exchange Commission. [***] indicates that text has been
omitted and is the subject of a confidential treatment request. 

  
 23 

 
by ON SEMICONDUCTOR and conform with the terms of the Agreement and this Exhibit. ON SEMICONDUCTOR may only reject a purchase order for Production Products if the number of Production
Products ordered exceeds the number forecasted in a then current Forecast, or if the purchase order does not conform with the terms of the Agreement and this Exhibit. If SQUARE’S purchase order provides for a delivery date that is shorter than
the Lead Time, within three (3) business days of receipt of such purchase order, ON SEMICONDUCTOR shall notify SQUARE in writing if it cannot meet such delivery date and propose a new delivery date. Within three (3) business days of
receipt of such notice, SQUARE will respond in writing by accepting such new delivery date or canceling the purchase order without liability. If SQUARE fails to respond in writing within such time period, the purchase order will be deemed accepted.

 C. No Conflicting Terms. Any terms and conditions contained in ON SEMICONDUCTOR’S purchase order acknowledgments that are inconsistent with
or in addition to the terms and conditions of the Agreement or purchase orders are hereby rejected by SQUARE and will be deemed null and of no effect. 
 D.
Supply Constraint. If ON SEMICONDUCTOR’S ability to supply Production Products in accordance with the then-current Forecast is constrained for any reason, ON SEMICONDUCTOR agrees that ON SEMICONDUCTOR will (i) allocate the
constrained material or resource so that ON SEMICONDUCTOR is able to fulfill SQUARE’s purchase orders on at least an equitable basis, and (ii) immediately escalate the issue to both Parties’ management for the purpose of resolving the
supply constraint. 
 E. Rescheduling and Cancellation. 

Re-scheduling policy: 
  

	 	1.	Deliveries schedules in [***] (the “Lead Time”) may be rescheduled once to a later date without liability, provided, however, that if SQUARE has approved in writing a written request by ON SEMICONDUCTOR to
order Raw Materials and start work prior to the Lead time, such later date may not be later than [***] from the original schedule delivery date. 

  

	 	2.	Deliveries rescheduled within the current Quarter * can be rescheduled to a later date but no later than the end of the current quarter. No reschedules within
[***] of the delivery date. 

  

	 	3.	ON SEMICONDUCTOR will use all commercially reasonable efforts to support SQUARE’s requests for advanced deliveries. Specific arrangements will be made on a case by case basis. 

Cancellation policy: 
  

	 	1.	Orders scheduled for delivery in excess of the Lead Time may be cancelled without liability. 

  

	 	2.	Orders cancelled within the Lead Time will be charged fees based on the following factors, WIP plus Raw Materials: 

  

	 	a)	Location of the Work In Progress (WIP), meaning any material started to cover the stock, at the time of receiving the written cancellation request. 

 

	 	b)	Device specific Raw Materials procured by ON SEMICONDUCTOR for the specific purpose of manufacturing the device being cancelled [***] 

  
 Confidential 

*** Certain information in this agreement has been omitted and filed separately with the Securities and Exchange Commission. [***] indicates that text has been
omitted and is the subject of a confidential treatment request. 

  
 24 

	 	3.	WIP cancellation charges: 

  

					
	a)	 	[***]	 	[***]
			
	b)	 	[***]	 	[***]
			
	c)	 	[***]	 	[***]
			
	d)	 	[***]	 	[***]

  

					
	Note:	 	* Quarters are calendar quarters determined as follows:
			
		 	      	 	Quarter 1: calendar week 1 through 13;
		 		 	Quarter 2: calendar week 14 through 26;
		 		 	Quarter 3: calendar week 27 through 39;
		 		 	Quarter 4: calendar week 40 through 52.

 IV. Forecasts: 
 A.
Rolling Forecast. SQUARE or its Authorized Purchasers will provide ON SEMICONDUCTOR on a monthly basis with a rolling [***] forecast, and on a weekly basis with a [***] week forecast, of its anticipated orders for each Production Product
(each, a “Forecast”). SQUARE and ON SEMICONDUCTOR acknowledge and agree that: (a) each such Forecast is a good faith estimate of SQUARE’s anticipated orders for Production Products based on information then available to SQUARE
and that SQUARE is providing such Forecasts only as an accommodation to ON SEMICONDUCTOR; and (b) Forecasts do not constitute a binding order or commitment of any kind by Square to purchase Production Products. Within [***] of receipt of a
Forecast, ON SEMICONDUCTOR will respond confirming supply of the Production Products available to meet the Forecast. ON SEMICONDUCTOR agrees to confirm subsequent Forecasts with respect to each week of the Forecast to the extent
that: (i) the subsequent Forecast does not exceed the previous Forecast for the same week; or (ii) if no previous Forecast exists for a week, the quantity for such week is not materially greater than the last week of the previous
Forecast. If ON SEMICONDUCTOR does not respond with confirmation of supply of the Production Products within [***], the Forecast is deemed accepted by ON SEMICONDUCTOR. 

B. Buffer Stock. 
  

	 	1.	ON SEMICONDUCTOR requires the placement of a non-cancellable blanket purchase order from SQUARE to cover a mutually agreed upon quantity of finished product “Buffer Stock” of Production Product for device
stocking at the unit price set forth in this Exhibit. ON SEMICONDUCTOR shall establish the Buffer Stock within the Lead Time following receipt of the blanket purchase order based on current lead-time. ON SEMICONDCUTOR will manage this Buffer Stock
inventory in a finished goods stockroom designated by ON SEMICONDUCTOR. The stocking level of finished Products will be reviewed by the Parties [***]. 

  
 Confidential 

*** Certain information in this agreement has been omitted and filed separately with the Securities and Exchange Commission. [***] indicates that text has been
omitted and is the subject of a confidential treatment request. 

  
 25 

	 	2.	SQUARE will be liable for this Buffer Stock inventory and any work in progress (WIP) to support this inventory. For freshness and quality purposes, SQUARE is required to purchase Production Product in an amount
equivalent to the number of stocked finished Products at least every [***] (at SQUARE’S option, either substituting such Buffer Stock inventory for, or adding such Buffer Stock inventory to, units of Production Product in the Forecast). In the
event SQUARE does not take delivery of an amount equivalent to the finished Buffer Stock quantity within [***], ON reserves the right to cancel this Buffer Stock program and ship all finished Buffer Stock to SQUARE. In that event, SQUARE will be
invoiced against the blanket purchase order for finished Buffer Stock and any WIP will be billed according to the cancellation schedule contained in this Exhibit. 

 

	 	3.	To minimize the potential for the complete depletion of the Buffer Stock quantity, SQUARE will be required to keep a mutually agreed upon number of weeks of Production Product backlog in Buffer Stock at any given time
with ON SEMICONDUCTOR. 

  

	 	4.	If the quantity of Buffer Stock is depleted to less than the agreed upon amount, ON SEMICONDUCTOR shall restore the Buffer Stock within a reasonable time-frame which in no event shall be less than the Lead Time.

  

	 	5.	All Buffer Stock purchase orders canceled within the Lead Time window will be assessed a cancellation charge according to the cancellation schedule contained in this Exhibit. 

 

	 	6.	This Buffer Stock program may be terminated by either Party with [***] prior written notice to the other Party. In the event of termination of the Buffer Stock program or the Agreement, SQUARE will be invoiced against
the blanket purchase order for any Buffer Stock finished Production Product and any WIP. With respect to WIP, SQUARE shall promptly notify ON SEMICONDUCTOR whether to finish manufacturing or whether SQUARE wishes to pay the applicable cancellation
charges as described within this Exhibit. Failure of SQUARE to specify its election [***] of notice of termination shall result [***]. 

V. Delivery: 
 A. Shipping Requirements.
Unless otherwise expressly specified in a purchase order by SQUARE or an Authorized Purchaser, ON SEMICONDUCTOR will ensure that the Production Products are packaged, marked in a manner that is: (a) in accordance with ON
SEMICONDUCTOR’S Packaging and Labeling Reference Manual attached as Exhibit E; Each shipment will be accompanied by a packing slip that sets forth the part numbers and quantities and the applicable purchase order number(s). 

B. Shipping Terms. ON SEMICONDUCTOR will ship the Production Products FCA (Incoterms 2010). Risk of loss transfers at placement with
SQUARE’s carrier at the applicable ON SEMICONDUCTOR hub global distribution center (“ON GDC”) designated by SQUARE. 

  
 Confidential 

*** Certain information in this agreement has been omitted and filed separately with the Securities and Exchange Commission. [***] indicates that text has been
omitted and is the subject of a confidential treatment request. 

  
 26 

 ON SEMICONDUCTOR will be responsible for arranging all necessary transportation, packaging, insurance, and
customs clearance and export documentation, as applicable, and for pre-payment of all costs and charges related thereto (collectively, “Shipping Costs”). ON SEMICONDUCTOR will bear all risk of loss or damage to the Production Products and
will retain title to the Production Products until the Production Products are delivered to the ON GDC designated in the applicable purchase order. 
 C.
Acceptance. SQUARE or an Authorized Purchaser will have a period of [***] following delivery of the Production Products to notify ON SEMICONDUCTOR of any discrepancies in the shipment quantity. SQUARE or an Authorized Purchaser will have a
period of [***] following delivery of the Production Products to test and inspect the Production Products and to notify ON SEMICONDUCTOR of: (a) any nonconformities of the Production Product with the applicable ASIC Specification; or
(b) any defects in material or workmanship. SQUARE or an Authorized Purchaser will notify ON SEMICONDUCTOR in writing of its acceptance or rejection of any portion of any delivery of the Production Products prior to the expiration of such [***]
period. 
 D. Delay in Shipment. ON SEMICONDUCTOR will promptly notify SQUARE and its Authorized Purchaser in writing (including electronically) of
any anticipated delay in excess of [***] in meeting the delivery dates specified in the accepted purchase order (or, if not set forth in the accepted purchase order, such other delivery date as may be mutually agreed to between the parties) stating
the reasons for the delay, and, where requested by SQUARE or the Authorized Purchaser, use priority freight shipping at ON SEMICONDUCTOR’s sole cost. 

E. Product Returns. If SQUARE or an Authorized Purchaser rejects a delivery of Production Products pursuant to this Exhibit or if SQUARE or an
Authorized Purchaser desires to return a Production Product to ON SEMICONDUCTOR pursuant to the warranty provisions of the Agreement, then SQUARE or an Authorized Purchaser will, in each instance, first obtain a Return Material Authorization
(“RMA”) number from ON SEMICONDUCTOR and will use reasonable efforts to return such Production Products to ON SEMICONDUCTOR in accordance with ON SEMICONDUCTOR’s RMA procedure. ON SEMICONDUCTOR will be responsible for and will pay all
Shipping Costs incurred by SQUARE in connection with shipping such Production Products to ON SEMICONDUCTOR and as well as for any Shipping Costs for shipping replacement Production Products to SQUARE or an Authorized Purchaser. 

VI. Invoicing and Payment Terms: 
 A. Invoicing.
For all Production Product delivered under the Agreement, ON SEMICONDUCTOR will issue an invoice to SQUARE or the Authorized Purchaser on the date that ON SEMICONDUCTOR ships the Production Products to SQUARE or the Authorized Purchaser and, unless
SQUARE or the Authorized Purchaser rejects a shipment of the Production Products (or a portion of a shipment) in accordance with the provisions of this Exhibit or otherwise disputes an invoice, SQUARE or the Authorized Purchaser will pay such
undisputed amounts within [***] of invoice date. 

  
 Confidential 

*** Certain information in this agreement has been omitted and filed separately with the Securities and Exchange Commission. [***] indicates that text has been
omitted and is the subject of a confidential treatment request. 

  
 27 

 B. Invoice Disputes. ON SEMICONDUCTOR must provide supporting documentation to SQUARE for any disputed
invoice within [***] after receiving any such notice. If a correction is warranted, SQUARE will pay the corrected amount within [***] the corrected invoice date, or if the correction is reflected on the next regular invoice, within [***] after the
date of that invoice. While the Parties work to resolve good-faith disputes under this section, neither party will be deemed to be in breach of the Agreement. 

C. Quality. ON SEMICONDUCTOR shall manufacture Production Products at an outgoing quality level of [***] or better, and at an annualized failure rate
of less than [***] shall also work toward [***] through continuous process improvement. 
 D. Taxes. SQUARE or the Authorized Purchaser will pay all
taxes and duties that are assessed by any national, federal, state or local governmental authority on SQUARE’s or the Authorized Purchaser’s purchase of the Production Products, including, without limitation, sales, use, excise, and
value-added, but excluding any taxes based on ON SEMICONDUCTOR’s income or gross receipts (collectively, “Taxes”). Notwithstanding the foregoing, SQUARE or the Authorized Purchaser will have no obligation to pay any such Taxes to the
extent SQUARE or the Authorized Purchaser timely provides ON SEMICONDUCTOR with a valid tax exemption resale certificate or other similar document. 

  
 Confidential 

*** Certain information in this agreement has been omitted and filed separately with the Securities and Exchange Commission. [***] indicates that text has been
omitted and is the subject of a confidential treatment request. 

  
 28 

 EXHIBIT D 

Letter of Authorization 

SQUARE’s Authorized Purchasers Authorization Letter Template 

[DATE] 
 [SQUARE’s Authorized Purchaser] 

[ADDRESS] 
  

	Re:	Letter of Authorization (“LOA”) 

 To Whom It May Concern: 

This Letter of Authorization is issued by SQUARE, INC. (“SQUARE”) in connection with the ASIC Development Agreement entered into between SQUARE and
ON SEMICONDUCTOR as of [DATE] (the “Agreement”) to authorize              (“SQUARE Authorized Purchaser”) under the Agreement as of [DATE]
(the “Effective Date”). 
 SQUARE, SQUARE’s Authorized Purchaser and ON SEMICONDUCTOR hereby agree: 

 

	1.	Authorization. SQUARE authorizes SQUARE’s Authorized Purchaser to purchase Products from ON SEMICONDUCTOR and gives ON SEMICONDUCTOR the right to sell Products to SQUARE’s Authorized Purchaser under the
Agreement until this Letter of Authorization is terminated in accordance with Paragraph 3 below. 

  

	2.	Exclusivity. SQUARE’s Authorized Purchaser agrees that Products purchased from ON SEMICONDUCTOR or its affiliates under the LOA will only be used in SQUARE’s products. 

 

	3.	Termination. This LOA will automatically terminate, without further notice or action by any party hereto upon the earlier of: (i) the termination or expiration of the Agreement; (ii) if SQUARE
terminates either or both of the authorizations in Paragraph 2 above upon written notice to SQUARE’s Authorized Purchaser and ON SEMICONDUCTOR. In the event that this LOA is terminated, the provisions of Paragraph 2 will survive.

  

	4.	Counterparts. This Letter of Authorization may be executed in one or more counterparts, each of which will be deemed an original, but which collectively will constitute one and the same instrument.

  
 Confidential 

*** Certain information in this agreement has been omitted and filed separately with the Securities and Exchange Commission. [***] indicates that text has been
omitted and is the subject of a confidential treatment request. 

  
 29 

 IN WITNESS WHEREOF, the parties have caused this LOA to be duly signed by its authorized representatives
as of the Effective Date. 
 Acknowledged and agreed: 
  

									
	SQUARE, INC.	 		 	SQUARE’s Authorized Purchaser:
					
	By:	 	  
	 		 	By:	 	  

					
	Name:	 	  
	 		 	Name:	 	  

					
	Title:	 	  
	 		 	Title:	 	  

					
	Date:	 	  
	 		 	Date:	 	  

  
 Confidential 

  
 30 

 Exhibit E 

ON SEMICONDUCTOR PACKAGING AND LABELING REFERENCE MANUAL 
  

 
 ON Semiconductor Enabling Energy Efficient Solution LABELRM/D Rev. 4, Feb-2012 Packaging and Labeling Reference Manual Guidelines and
standards for product packaging And labeling form ON Semiconductor. Copyright © 2012, SCILLC 

  
 Confidential 

  
 31 

 

 
 Enabling Energy Efficient Solutions Table of Contents Label Types 2 MPN Label 2 CPN Label 3 Shipping Label 3 Dry Pack Labeling 4
Packaging and Graphics 5 Sample ON Semiconductor Intermediate Boxes Showing Graphics 5 Packing List & Certificate of Compliance 8 Definitions • MPN Label: A bar code label containing the ON Semiconductor Manufacturer Part Number of the
device and other traceability information. Label dimensions are 1.625” x 4.9” (41.3 mm x 124.5 mm). • CPN Label: A bar code label containing the Customer part number of the device and other traceability information. Label dimensions
are 1.625” x 4.9” (41.3 mm x 124.5 mm). • Intermediate Box: The box that houses the reel or tube(s) containing product. Each Intermediate Box will have an MPN Label and a CPN Label when required. ON Semiconductor Intermediate boxes
have ON Semiconductor logos and graphics on the exterior of the box, and have an electrostatic lining. • Shipping Label: A bar coded label used to identify the contents of a shipping container. This also contains a “ship to” name and
address. Label dimensions are 4.5” X 6.5” (114.3 mm x 165.1 mm) • Overpack Box: The box that contains one or more Intermediate Boxes. Each Overpack box will have a Shipping Label. ON Semiconductor Overpack boxes have no logos or
graphics. Labels MPN Label Each Intermediate Box will have a standard ON Semiconductor MPN Label. The label consists of the following elements: Field Name Description MPN (1P)* Manufacturer Part Number LOT (1T)* Lot Number DTE (9D)* Date Code(s) QTY
(Q)* Quantity in container ASSY LOC (21)* Assembly Location Code (Internal to ON Semiconductor) SERIAL NBR (S)* Internal to ON Semiconductor CS Custom Source 2 digit wafer fabrication code ASSY IN Country of assembly MS LEVEL Moisture Sensitivity
Data HOURS Hours TEMP Temperature SEALED DATE Sealed Date Halide Free Logo Indicates if material is Halide Free RoHS Indicates if material complies with Europe RoHS Pb Free Logo Indicates if material is Pb Free 2LI e category Indicates type of 2nd
level interconnect plating UL Logo Indicates if material is Underwriter Laboratories listed device China RoHS Logo Indicates if material complies with China RoHS * Barcoded fields. Sample MPN Label Page 2 Packaging and Labeling Reference Manual (bar
code) 

 

 
 www.onsemi.com CPN Label Some Intermediate Boxes may have a standard ON Semiconductor CPN Label. The label consists of the following
elements: Field Name Description CUST PROD ID (P)* Customer Part Number QTY (Q)* Quantity in container VDR (2V)* UCC Vendor Code for ON Semiconductor COO (4L)* Country of Origin DTE (9D)* Date Code(s) MPN Manufacturer Part Number * Barcoded fields.
Sample CPN Label Shipping Label Each Overpack will have a standard ON Semiconductor shipping label. The label consists of the following elements: Field Name Description FROM ON Semiconductor return address SHIP TO Customer Name and Address MPN
Manfacturer Part Number Factory Order Number; Line Item; Factory FO Order Sub Job (3S) PKG ID* ON Semiconductor UCC code, packing list number and three digit package number (K) TRANS ID* Purchase Order Number (P) CUSTOMER PROD ID*
Customer Part Number (Q) QUANTITY* Package Quantity Which package out of the total number of (13Q) PACKAGE COUNT* packages in the shipment (S) Serial #* Packing List number + which package out the total number of packages in the
shipment (No Header) Various Environmental Logos COO Assy Country of Origin based on Assembly, with 2 digit ISO Country Code. (No Header) Customer Code * Barcoded fields. Sample Shipping Label ON Semiconductor Page 3 (bar code) 

 

 
 Enabling Energy Efficient Solutions Dry Pack Labeling For product requiring dry packing, CPN labels will be included per the following
process: • CPN Label 1: will be permanently affixed on the outside of the dry pack bag above the MPN label. • CPN Label 2: will be a REMOVABLE (peel and stick) label that will be placed on the outside of the dry pack bag. • CPN Label
3: will be permanently affixed on the outside of the intermediate carton. (Reel Inside Bag) CPN 1 Label CPN 2 Label (Peel & Stick) MPN Label MSL Information (Dry-Pak Bag) Sample Dry Pack Labels and Example Page 4 Packaging and Labeling
Reference Manual 

 

 
 www.onsemi.com Packaging and Graphics Shipments from ON Semiconductor will follow ON Semiconductor standard packaging process. The
Overpack box may contain multiple Intermediate boxes of a single product. For each line item on an order that is shipped, there will be at least one overpack box [more if the quantity of intermediate boxes exceeds the capacity of the overpack box].
Any overpack box will contain one and only one part number, but may contain varying lots and date codes based on the content of the Intermediate Boxes. Intermediate Boxes MPN Labels CPN Labels Shipping Label Overpack Box Packing Slip Pouch CPN MPN
MPN Standard Rail (Tube) Boxes and Other Intermediate Boxes Two Labels on one end: Any Intermediate Box that will accommodate 2 labels on one end. The MPN LABEL will be placed on the end of the box (small face) and to the left of the ?ap opening. If
a CPN label is REQUIRED, it will be placed directly above the Standard Label. Labels may be centered on the Box End (small face) or may be placed to the left or right sides of the Box End as space allows. The requirement is for the CPN Label to be
located above the MPN Label. ON Semiconductor Page 5 

 

 
 Enabling Energy Efficient Solutions Tube Boxes “Pizza” Boxes Sample ON Semiconductor Intermediate Boxes Showing Graphics
(Please Note: These boxes are BROWN in Color) Page 6 Packaging and Labeling Reference Manual 

 

 
 www.onsemi.com Electrostatic Notification ON Semiconductor Page 7 

 

 
 Enabling Energy Efficient Solutions Packaging List and Certificate of Compliance The primary Overpack box will contain a packing list
detailing the contents of all Overpack boxes in the order. The Packing List contains the ON Semiconductor standard Certificate(s) of Compliance. The label consists of the following elements: Field Name Description Ship From ON Semiconductor Return
Address Ship To Customer’s Name and Address Bill To Customer’s Billing Address Customer code ON Semiconductor designated customer identifier End Customer PO No. Issuing Customer purchase order number S/B Pick Bank (formerly called Source
Bank) F/O Sales Order (formerly called Factory Order) S/J Sub Job (3 maximum sub jobs, then prints multiple) L/L Sales Delivery (formerly called Line/Line) (3 maximum deliveries, then prints multiple) Purchase Order Date Purchase Order Issuance Date
Customer Req. Date Customer Required Date Manufacturer P.D. Date Manufacturer Planned Delivery Date Text CSD Customer Schedule Date FOB Freight On Board – Customer takes possession at the location specified TERMS Freight shipping terms (who
pays the freight) Ship VIA Carrier or Freight Forwarder PKG# Shipment package number Weight Package weight in pounds and kilograms Waybill Number Shipper identification number for that shipment used for tracking Lot Number Product manufacturing lot
number Quantity Manufacturing lot quantity Date Code Manufacturing dates Revision Revision number of part Assembly Location Manufacturing Location Die Origin Die Fabrication Location (2V) Vendor ID ON Semiconductor UCC number or Customer
assigned Vendor Code (11K) Packing List Packing List number (ON Semiconductor pickref) Text (4S) Package ID Vendor ID and packing list number (K) Trans ID Customer’s purchase order number and (P) Customer Prod ID Customer
Part Number (1P) Manufacturer Part Number ON Semiconductor Part Number Code (Z) Parcels Total box count Bar (2Q) Total Weight in KG Total Package weight of shipment in kilograms (weight in pound listed above kg) (Q) Qty This
Shipment Package Quantity (13D) Date Code Product dated code(s) Page 8 Packaging and Labeling Reference Manual 

 

 
 www.onsemi.com (BAR CODE) Certificate of Compliance Sample Packing List ON Semiconductor Page 9 

 

 
 www.onsemi.com Sales and Design Assistance from ON Semiconductor ON Semiconductor Distribution Partners AMSC Co. www.amsc.co.jp
(81) 422 54 6622 Arrow Electronics www.arrow.com (800) 777-2776 Avnet www.em.avnet.com (800) 332-8638 Daiwa Distribution Ltd. www.daiwahk.com (852) 2341 3351 Digi-Key www.digikey.com (800) 344-4539 EBV Elektronik
www.ebv.com/en/locations.html (49) 8121 774-0 Fuji Electric Co. www.fujiele.co.jp (81) 3 3814 1411 Future & FAI Electronics www.futureelectronics.com/contact 1-800-FUTURE1 (388-8731) KH Electronics Inc. www.khelec.com/kor
(82) 42 471 8521 Marubun www.marubun.co.jp (81) 3 3639 5630 Mitsui Electronics Inc. www.btel.co.jp (81) 3 6403 5900 Mouser Electronics www.mouser.com (800) 346-6873 Newark/Farnell www.farnell.com/onsemi (800) 4-NEWARK
Promate Electronic Co. www.promate.com.tw (886) 2 2659 0303 Segyung Britestone Co. www.britestone.com (82) 2 3218 1511 Serial Microelectronics, HK www.serialsys.com.hk (852) 2790 8220 Taewon Inc. www.taewon.net (82) 2 6679 9000
Tokyo Electron Device Co. hwww.teldevice.co.jp (81) 45 443 4000 World Peace Industries Co. www.wpi-group.com (852) 2365 4860 WT Microelectronics Co. www.wtmec.com (852) 2950 0820 Yosun Electronics www.yosun.com.tw (886) 2 2659
8168 INTERNATIONAL GREATER CHINA Beijing 86-10-8577-8200 Hong Kong 852-2689-0088 Shenzhen 86-755-8209-1128 Shanghai 86-21-5131-7168 Taipei, Taiwan 886-2-2377-9911 FRANCE Paris 33 (0)1 39-26-41-00 GERMANY Munich 49 (0) 89-93-0808-0 INDIA
Bagalore 91-98-808-86706 ISRAEL Raanana 972 (0) 9-9609-111 ITALY Milan 39 02 9239311 JAPAN Tokyo 81-3-5817-1050 KOREA Seoul 82-2-2190-3500 MALAYSIA Penang 60-4-6463877 SINGAPORE Singapore 65-6442-1226 SLOVAKIA Piestany 421 33 790 2450 UNITED
KINGDOM Slough 44 (0) 1753 70 1676 For a comprehensive listing of ON Semiconductor Sales Offices, please visit: www.onsemi.com/salessupport AMERICAS REP FIRMS Alabama Huntsville e-Components (256) 533-2444 Brazil Countrywide
Ammon & Rizos (+55) 11-4688-1960 California Bay Area L2 (408) 433-9388 Canada Eastern Canada Astec (905) 607-1444 Western Canada Sifore (503) 977-6267 Connecticut Statewide Genesis Associates (781) 270-9540 Florida
Statewide e-Components (888) 468-2444 Georgia Atlanta e-Components (888) 468-2444 Illinois Hoffman Estates Stan Clothier Company (847) 781-4010 Indiana Fishers Bear VAI (317) 570-0707 Iowa Cedar Rapids Essig & Associates
(319) 363-8703 Kansas Overland Park Stan Clothier Company (913) 894-1675 Maryland Columbia Third Wave Solutions (410) 290-5990 Massachusetts Burlington Genesis Associates (781) 270-9540 Mexico Countrywide Ammon & Rizos
(+55) 11-4688-1960 Michigan St. Joseph Bear VAI (440) 526-1991 Minnesota Eden Prairie Stan Clothier Company (952) 944-3456 Missouri St. Charles Stan Clothier Company (636) 916-3777 New Jersey Statewide S.J. Metro
(516) 942-3232 New York Binghamton TriTech—Full Line Rep (607) 722-3580 Jericho S.J. Metro (516) 942-3232 Rochester TriTech—Full Line Rep (585) 385-6500 North Carolina Raleigh e-Components (888) 468-2444 Ohio
Brecksville Bear VAI Technology (440) 526-1991 Oregon Portland SiFore Technical (503) 977-6267 Puerto Rico Countrywide e-Components (888) 468-2444 Washington Bellevue SiFore Technical (425) 990-4701 Wisconsin Evansville Stan
Clothier Company (608) 882-0686 Oconomowoc Stan Clothier Company (608) 882-0686 ON Semiconductor and the ON logo are registered trademarks of Semiconductor Components Industries, LLC (SCILLC). SCILLC reserves the right to make changes
without further notice to any products herein. SCILLC makes no warranty, representation or guarantee regarding the suitability of its products for any particular purpose, nor does SCILLC assume any liability arising out of the application or use of
any product or circuit, and specifically disclaims any and all liability, including without limitation special, consequential or incidental damages. “Typical” parameters which may be provided in SCILLC data sheets and/or specifications can
and do vary in different applications and actual performance may vary over time. All operating parameters, including “Typicals” must be validated for each customer application by customer’s technical experts. SCILLC does not convey
any license under its patent rights nor the rights of others. SCILLC products are not designed, intended, or authorized for use as components in systems intended for surgical implant into the body, or other applications intended to support or
sustain life, or for any other application in which the failure of the SCILLC product could create a situation where personal injury or death may occur. Should Buyer purchase or use SCILLC products for any such unintended or unauthorized
application, Buyer shall indemnify and hold SCILLC and its officers, employees, subsidiaries, affiliates, and distributors harmless against all claims, costs, damages, and expenses, and reasonable attorney fees arising out of, directly or
indirectly, any claim of personal injury or death associated with such unintended or unauthorized use, even if such claim alleges that SCILLC was negligent regarding the design or manufacture of the part. SCILLC is an Equal Opportunity/Affirmative
Action Employer. This literature is subject to all applicable copyright laws and is not for resale in any manner. PUBLICATION ORDERING INFORMATION LITERATURE FULFILLMENT: N. American Technical Support: 800-282-9855 Toll Free ON Semiconductor
Website: www.onsemi.com Literature Distribution Center for ON Semiconductor USA/Canada. P.O. Box 5163, Denver, Colorado 80217 USA Europe, Middle East and Africa Technical Support: Order Literature: http://www.onsemi.com/orderlit Phone: 303-675-2175
or 800-344-3860 Toll Free USA/Canada Phone: 421 33 790 2910 Fax: 303-675-2176 or 800-344-3867 Toll Free USA/Canada Japan Customer Focus Center For additional information, please contact your local Email: orderlit@onsemi.com Phone: 81-3-5817-1050
Sales Representative PDF ONLY LABELRM/D 

 Exhibit F 

Warranty Response Times 
  

	 	•	 	Acknowledgement in [***] 

  

	 	•	 	Preliminary response in [***] 

  

	 	•	 	Confirmation of failure in [***] 

  
 Confidential 

*** Certain information in this agreement has been omitted and filed separately with the Securities and Exchange Commission. [***] indicates that text has been
omitted and is the subject of a confidential treatment request. 

  
 41 

 Exhibit G 

Specified Technology 
 Specified Technology
consists of the following 3 items: 
  

	 	1.	[***] 

  

	 	2.	[***] 

  

	 	3.	[***] 

  

	*	For purposes of clarity, ON SEMICONDUCTOR shall own all ON SEMICONDUCTOR Foreground Intellectual Property rights in ON SEMICONDUCTOR’S implementation of the [***] in the Product [***]. The foregoing ON
SEMICONDUCTOR Foreground Intellectual Property rights in the [***] shall be excluded from the license set forth in Section 14.2.1 of the Agreement and the restriction set forth in Section 14.2.2 of the Agreement. 

  
 Confidential 

*** Certain information in this agreement has been omitted and filed separately with the Securities and Exchange Commission. [***] indicates that text has been
omitted and is the subject of a confidential treatment request. 

  
 42

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