Document:

Prepared by R.R. Donnelley Financial -- 2004 Employee Stock Purchase Plan and Form of Subscription Agreement

 Exhibit 10.3 
  
 MONOLITHIC POWER SYSTEMS, INC. 
  
 2004 EMPLOYEE STOCK PURCHASE PLAN 
  
 The following constitutes the provisions of the 2004 Employee Stock Purchase Plan of Monolithic Power Systems, Inc.

  
 1. Purpose. The purpose of the Plan is to provide
Employees with an opportunity to purchase Common Stock through accumulated payroll deductions. It is the intention of the Company to have the Plan qualify as an “employee stock purchase plan” under Section 423 of the Code. The provisions
of the Plan, accordingly, will be construed so as to extend and limit Plan participation in a manner that is consistent with the requirements of that section of the Code. 
  
 2. Definitions. 
  
 (a) “Administrator” means the Board or any committee thereof designated by the Board in accordance with Section 14.

  
 (b) “Board” means the Board
of Directors of the Company. 
  
 (c)
“Change of Control” means the occurrence of any of the following events: 
  
 (i) Any “person” (as such term is used in Sections 13(d) and 14(d) of the Exchange Act) becomes the “beneficial owner”
(as defined in Rule 13d-3 of the Exchange Act), directly or indirectly, of securities of the Company representing fifty percent (50%) or more of the total voting power represented by the Company’s then outstanding voting securities; or

  
 (ii) The consummation of the sale or
disposition by the Company of all or substantially all of the Company’s assets; or 
  
 (iii) The consummation of a merger or consolidation of the Company, with any other corporation, other than a merger or consolidation which
would result in the voting securities of the Company outstanding immediately prior thereto continuing to represent (either by remaining outstanding or by being converted into voting securities of the surviving entity or its parent) at least fifty
percent (50%) of the total voting power represented by the voting securities of the Company, or such surviving entity or its parent outstanding immediately after such merger or consolidation. 
  
 (iv) A change in the composition of the Board, as a result
of which fewer than a majority of the Directors are Incumbent Directors. “Incumbent Directors” means Directors who either (A) are Directors as of the effective date of the Plan (pursuant to Section 23), or (B) are elected, or nominated for
election, to the Board with the affirmative votes of at least a majority of those Directors whose election or nomination was not in connection with any transaction described in subsections (i), (ii) or (iii) or in connection with an actual or
threatened proxy contest relating to the election of Directors of the Company. 
  

 (d) “Code” means the Internal Revenue Code of 1986, as amended. Any
reference to a section of the Code herein will be a reference to any successor or amended section of the Code. 
  
 (e) “Common Stock” means the common stock of the Company. 
  
 (f) “Company” means Monolithic Power Systems, Inc., a Delaware corporation. 
  
 (g) “Compensation” means an Employee’s
base straight time gross earnings, commissions (to the extent such commissions are an integral, recurring part of compensation), overtime and shift premium, but exclusive of payments for incentive compensation, bonuses and other compensation.

  
 (h) “Designated Subsidiary”
means any Subsidiary that has been designated by the Administrator from time to time in its sole discretion as eligible to participate in the Plan. 
  
 (i) “Director” means a member of the Board. 
  
 (j) “Employee” means any individual who is a common law employee of an Employer and is
customarily employed for at least twenty (20) hours per week and more than five (5) months in any calendar year by the Employer. For purposes of the Plan, the employment relationship will be treated as continuing intact while the individual is on
sick leave or other leave of absence approved by the Employer. Where the period of leave exceeds ninety (90) days and the individual’s right to reemployment is not guaranteed either by statute or by contract, the employment relationship will be
deemed to have terminated on the 91st day of such leave. The Administrator, in its discretion, from time to time may, prior to an Enrollment Date for all options to be granted on such Enrollment Date, determine (on a uniform and nondiscriminatory
basis) that the definition of Employee will or will not include an individual if he or she: (1) has not completed at least two years of service since his or her last hire date (or such lesser period of time as may be determined by the Administrator
in its discretion), (2) customarily works not more than 20 hours per week (or such lesser period of time as may be determined by the Administrator in its discretion), (3) customarily works not more than 5 months per calendar year (or such lesser
period of time as may be determined by the Administrator in its discretion), (4) is an officer or other manager, or (5) is a highly compensated employee under Section 414(q) of the Code. 
  
 (k) “Employer” means any one or all of the Company and its Designated Subsidiaries.

  
 (l) “Enrollment Date” means
the first Trading Day of each Offering Period. 
  
 (m) “Exchange Act” means the Securities Exchange Act of 1934, as amended, including the rules and regulations promulgated thereunder. 
  

(n) “Exercise Date” means the last day of each Offering Period. The first Exercise Date under the Plan shall be
February 15, 2005. 
  

 -2- 

 (o) “Fair Market Value” means, as of any date, the value of Common Stock
determined as follows: 
  
 (i) If the Common
Stock is listed on any established stock exchange or a national market system, including without limitation the Nasdaq National Market or The Nasdaq SmallCap Market of The Nasdaq Stock Market, its Fair Market Value will be the closing sales price
for the Common Stock (or the closing bid, if no sales were reported) as quoted on such exchange or system on the date of determination, as reported in The Wall Street Journal or such other source as the Administrator deems reliable, or;

  
 (ii) If the Common Stock is regularly quoted
by a recognized securities dealer but selling prices are not reported, its Fair Market Value will be the mean of the closing bid and asked prices for the Common Stock on the date of determination, as reported in The Wall Street Journal or
such other source as the Administrator deems reliable, or; 
  
 (iii) In the absence of an established market for the Common Stock, its Fair Market Value will be determined in good faith by the Administrator, or; 
  
 (iv) For purposes of the Enrollment Date of the first Offering Period under the Plan, the Fair Market Value
will be the initial price to the public as set forth in the final prospectus deemed to be included within the registration statement on Form S-1 filed with the Securities and Exchange Commission for the initial public offering of the Common Stock
(the “Registration Statement”). 
  
 (p)
“Offering Periods” means the periods of approximately six (6) months during which an option granted pursuant to the Plan may be exercised, (i) commencing on the first Trading Day on or after February 15 of each year and terminating
on the first Trading Day on or following August 15, approximately six (6) months later, and (ii) commencing on the first Trading Day on or after August 15 of each year and terminating on the first Trading Day on or following February 15,
approximately six (6) months later; provided, however, that the first Offering Period under the Plan shall commence with the first Trading Day on or after the date on which the Securities and Exchange Commission declares the Company’s
Registration Statement effective and ending on the first Trading Day on or after February 15, 2005; and provided, further, that the second Offering Period under the Plan shall commence on the first Trading Day on or after August 15, 2004. The
duration and timing of Offering Periods may be changed pursuant to Section 4 of this Plan. 
  
 (q) “Parent” means a “parent corporation,” whether now or hereafter existing, as defined in Section 424(e) of
the Code. 
  
 (r) “Plan” means
this 2004 Employee Stock Purchase Plan. 
  
 (s)
“Purchase Price” means an amount equal to eighty-five percent (85%) of the Fair Market Value of a share of Common Stock on the Enrollment Date or on the Exercise Date, whichever is lower; provided however, that the Purchase Price
may be adjusted by the Administrator pursuant to Section 20. 
  
 (t) “Subsidiary” means a “subsidiary corporation,” whether now or hereafter existing, as defined in Section 424(f) of the Code. 
  
 (u) “Trading Day” means a day on which the U.S. national stock exchanges and the Nasdaq
System are open for trading. 
  

 -3- 

 3. Eligibility. 
  
 (a) First Offering Period. Any individual who is an Employee immediately prior to the first Offering
Period under the Plan will be automatically enrolled in the first Offering Period. 
  
 (b) Subsequent Offering Periods. Any individual who is an Employee as of the Enrollment Date of any future Offering Period will be
eligible to participate in such Offering Period, subject to the requirements of Section 5. 
  
 (c) Limitations. Any provisions of the Plan to the contrary notwithstanding, no Employee will be granted an option under the Plan
(i) to the extent that, immediately after the grant, such Employee (or any other person whose stock would be attributed to such Employee pursuant to Section 424(d) of the Code) would own capital stock of the Company or any Parent or Subsidiary of
the Company and/or hold outstanding options to purchase such stock possessing five percent (5%) or more of the total combined voting power or value of all classes of the capital stock of the Company or of any Parent or Subsidiary of the Company, or
(ii) to the extent that his or her rights to purchase stock under all employee stock purchase plans (as defined in Section 423 of the Code) of the Company or any Parent or Subsidiary of the Company accrues at a rate which exceeds twenty-five
thousand dollars ($25,000) worth of stock (determined at the Fair Market Value of the stock at the time such option is granted) for each calendar year in which such option is outstanding at any time. 
  
 4. Offering Periods. The Plan shall be implemented by consecutive
Offering Periods with a new Offering Period commencing on the first Trading Day on or after February 15 and August 15 of each year, or on such other date as the Administrator shall determine, and continuing thereafter until terminated in accordance
with Section 20; provided, however, that the first Offering Period under the Plan shall commence with the first Trading Day on or after the date on which the Securities and Exchange Commission declares the Company’s Registration Statement
effective and ending on the first Trading Day on or after February 15, 2005; and provided, further, that the second Offering Period under the Plan shall commence on the first Trading Day on or after August 15, 2004. The Administrator shall have the
power to change the duration of Offering Periods (including the commencement dates thereof) with respect to future offerings without stockholder approval if such change is announced prior to the scheduled beginning of the first Offering Period to be
affected thereafter. 
  
 5. Participation. 
  
 (a) First Offering Period. An Employee who has become
a participant in the first Offering Period under the Plan pursuant to Section 3(a) will be entitled to continue his or her participation in such Offering Period only if he or she submits to the Company’s payroll office (or its designee) a
properly completed subscription agreement authorizing payroll deductions in the form provided by the Administrator for such purpose (i) no earlier than the effective date of the filing of the Company’s Registration Statement on Form S-8 with
respect to the shares of Common Stock issuable under the Plan (the “Effective Date”) and (ii) no later than five (5) business days from the Effective Date or such other period of time as the Administrator may determine (the
“Enrollment Window”). A participant’s failure to submit the subscription agreement during the Enrollment Window pursuant to this Section 5(a) will result in the automatic termination of his or her participation in the first Offering
Period under the Plan. 
  

 -4- 

 (b) Subsequent Offering Periods. An Employee who is eligible to participate in the
Plan pursuant to Section 3(b) may become a participant by (i) submitting to the Company’s payroll office (or its designee), on or before a date prescribed by the Administrator prior to an applicable Enrollment Date, a properly completed
subscription agreement authorizing payroll deductions in the form provided by the Administrator for such purpose, or (ii) following an electronic or other enrollment procedure prescribed by the Administrator. 
  
 6. Payroll Deductions. 
  
 (a) At the time a participant enrolls in the Plan pursuant
to Section 5, he or she will elect to have payroll deductions made on each payday during the Offering Period in an amount not exceeding 15% of the Compensation which he or she receives on each such payday. 
  
 (b) Payroll deductions authorized by a participant will
commence on the first payday following the Enrollment Date and will end on the last payday in the Offering Period to which such authorization is applicable, unless sooner terminated by the participant as provided in Section 10; provided, however,
that for the first Offering Period under the Plan, payroll deductions will commence on the first payday on or following the end of the Enrollment Window. 
  
 (c) All payroll deductions made for a participant will be credited to his or her account under the Plan and will be withheld in whole
percentages only. A participant may not make any additional payments into such account. 
  
 (d) A participant may discontinue his or her participation in the Plan as provided in Section 10, or may change the rate of his or her
payroll deductions during the Offering Period by (i) properly completing and submitting to the Company’s payroll office (or its designee), on or before a date prescribed by the Administrator prior to an applicable Exercise Date, a new
subscription agreement authorizing the change in payroll deduction rate in the form provided by the Administrator for such purpose, or (ii) following an electronic or other procedure prescribed by the Administrator; provided, however, that a
participant may only make one payroll deduction change during each Offering Period. If a participant has not followed such procedures to change the rate of payroll deductions, the rate of his or her payroll deductions will continue at the originally
elected rate throughout the Offering Period and future Offering Periods (unless terminated as provided in Section 10). The Administrator may, in its sole discretion, limit the nature and/or number of payroll deduction rate changes that may be made
by participants during any Offering Period. Any change in payroll deduction rate made pursuant to this Section 6(d) will be effective as of the first full payroll period following five (5) business days after the date on which the change is made by
the participant (unless the Administrator, in its sole discretion, elects to process a given change in payroll deduction rate more quickly). 
  
 (e) Notwithstanding the foregoing, to the extent necessary to comply with Section 423(b)(8) of the Code and Section 3(c), a
participant’s payroll deductions may be decreased to zero percent (0%) at any time during a Offering Period. Subject to Section 423(b)(8) of the Code and Section 3(c) hereof, payroll deductions will recommence at the rate originally elected by
the participant effective as of the beginning of the first Offering Period which is scheduled to end in the following calendar year, unless terminated by the participant as provided in Section 10. 
  

 -5- 

 (f) At the time the option is exercised, in whole or in part, or at the time some or all
of the Company’s Common Stock issued under the Plan is disposed of, the participant must make adequate provision for the Company’s federal, state, or other tax withholding obligations, if any, which arise upon the exercise of the option or
the disposition of the Common Stock. At any time, the Company may, but will not be obligated to, withhold from the participant’s compensation the amount necessary for the Company to meet applicable withholding obligations, including any
withholding required to make available to the Company any tax deductions or benefits attributable to the sale or early disposition of Common Stock by the Employee. 
  
 7. Grant of Option. On the Enrollment Date of each Offering Period, each Employee participating in such Offering
Period will be granted an option to purchase on each Exercise Date during such Offering Period (at the applicable Purchase Price) up to a number of shares of Common Stock determined by dividing such participant’s payroll deductions accumulated
prior to such Exercise Date and retained in the participant’s account as of the Exercise Date by the applicable Purchase Price; provided that in no event will a participant be permitted to purchase during each Offering Period more than 2,000
shares of Common Stock (subject to any adjustment pursuant to Section 19), and provided further that such purchase will be subject to the limitations set forth in Sections 3(c) and 13. The Employee may accept the grant of such option (i) with
respect to the first Offering Period under the Plan, by submitting a properly completed subscription agreement in accordance with the requirements of Section 5(a) on or before the last day of the Enrollment Window, and (ii) with respect to any
future Offering Period under the Plan, by electing to participate in the Plan in accordance with the requirements of Section 5(b). The Administrator may, for future Offering Periods, increase or decrease, in its absolute discretion, the maximum
number of shares of Common Stock that a participant may purchase during each Offering Period. Exercise of the option will occur as provided in Section 8, unless the participant has withdrawn pursuant to Section 10. The option will expire on the last
day of the Offering Period. 
  
 8. Exercise of Option.

  
 (a) Unless a participant withdraws from the
Plan as provided in Section 10, his or her option for the purchase of shares of Common Stock will be exercised automatically on the Exercise Date, and the maximum number of full shares subject to option will be purchased for such participant at the
applicable Purchase Price with the accumulated payroll deductions in his or her account. No fractional shares of Common Stock will be purchased; any payroll deductions accumulated in a participant’s account which are not sufficient to purchase
a full share will be retained in the participant’s account for the subsequent Offering Period, subject to earlier withdrawal by the participant as provided in Section 10. Any other monies left over in a participant’s account after the
Exercise Date will be returned to the participant. During a participant’s lifetime, a participant’s option to purchase shares hereunder is exercisable only by him or her. 
  
 (b) Notwithstanding any contrary Plan provision, if the Administrator determines that, on a given Exercise
Date, the number of shares of Common Stock with respect to which options are to be exercised may exceed (i) the number of shares of Common Stock that were available for sale under the Plan on the Enrollment Date of the applicable Offering Period, or
(ii) the number of shares of Common Stock available for sale under the Plan on such Exercise Date, the Administrator may in its sole discretion (x) provide that the Company will make a pro rata allocation of the shares of Common Stock available for
purchase on such Enrollment Date or Exercise Date, as applicable, 

  

 -6- 

 
in as uniform a manner as will be practicable and as it will determine in its sole discretion to be equitable among all participants exercising options to
purchase Common Stock on such Exercise Date, and continue all Offering Periods then in effect, or (y) provide that the Company will make a pro rata allocation of the shares of Common Stock available for purchase on such Enrollment Date or Exercise
Date, as applicable, in as uniform a manner as will be practicable and as it will determine in its sole discretion to be equitable among all participants exercising options to purchase Common Stock on such Exercise Date, and terminate any or all
Offering Periods then in effect pursuant to Section 20. The Company may make pro rata allocation of the shares of Common Stock available on the Enrollment Date of any applicable Offering Period pursuant to the preceding sentence, notwithstanding any
authorization of additional shares of Common Stock for issuance under the Plan by the Company’s shareholders subsequent to such Enrollment Date. 
  
 9. Delivery. As soon as administratively practicable after each Exercise Date on which a purchase of shares of Common Stock occurs, the Company
will arrange the delivery to each participant, as appropriate, the shares purchased upon exercise of his or her option in a form determined by the Administrator (in its sole discretion) and pursuant to rules established by the Administrator. No
participant will have any voting, dividend, or other shareholder rights with respect to shares of Common Stock subject to any option granted under the Plan until such shares have been purchased and delivered to the participant as provided in this
Section 9. 
  
 10. Withdrawal. 
  
 (a) Under procedures established by the Administrator, a
participant may withdraw all but not less than all the payroll deductions credited to his or her account and not yet used to exercise his or her option under the Plan at any time by (i) submitting to the Company’s payroll office (or its
designee) a written notice of withdrawal in the form prescribed by the Administrator for such purpose, or (ii) following an electronic or other withdrawal procedure prescribed by the Administrator. All of the participant’s payroll deductions
credited to his or her account will be paid to such participant as promptly as practicable after the effective date of his or her withdrawal and such participant’s option for the Offering Period will be automatically terminated, and no further
payroll deductions for the purchase of shares will be made for such Offering Period. If a participant withdraws from an Offering Period, payroll deductions will not resume at the beginning of the succeeding Offering Period unless the participant
re-enrolls in the Plan in accordance with the provisions of Section 5. 
  
 (b) A participant’s withdrawal from an Offering Period will not have any effect upon his or her eligibility to participate in any similar plan which may hereafter be adopted by the Company or in succeeding
Offering Periods which commence after the termination of the Offering Period from which the participant withdraws. 
  
 11. Termination of Employment. Upon a participant’s ceasing to be an Employee, for any reason, he or she will be deemed to have elected to
withdraw from the Plan and the payroll deductions credited to such participant’s account during the Offering Period but not yet used to purchase shares of Common Stock under the Plan will be returned to such participant or, in the case of his
or her death, to the person or persons entitled thereto under Section 15, and such participant’s option will be automatically terminated. The preceding sentence notwithstanding, a participant who receives payment in lieu of notice of
termination of employment will be treated as continuing to be 

  

 -7- 

 
an Employee for the participant’s customary number of hours per week of employment during the period in which the participant is subject to such payment
in lieu of notice. 
  
 12. Interest. No interest will
accrue on the payroll deductions of a participant in the Plan. 
  
 13. Stock. 
  
 (a) Subject to
adjustment upon changes in capitalization of the Company as provided in Section 19, the maximum number of shares of Common Stock which will be made available for sale under the Plan will be the sum of 200,000 shares of Common Stock plus an annual
increase to be added on the first day of each fiscal year of the Company beginning in fiscal year 2005, equal to the lesser of (i) 1,000,000 shares of Common Stock, (ii) 2% of the outstanding shares of Common Stock on such date (for purposes of
which calculation only shares actually outstanding shall be counted and not shares issuable upon conversion or exercise of other securities) or (iii) an amount determined by the Board. 
  
 (b) Shares of Common Stock to be delivered to a participant under the Plan will be registered in the name of
the participant or in the name of the participant and his or her spouse. 
  
 14. Administration. The Board or a committee of members of the Board who will be appointed from time to time by, and will serve at the pleasure of, the Board, will administer the Plan. The Administrator will
have full and exclusive discretionary authority to construe, interpret and apply the terms of the Plan, to determine eligibility, to adjudicate all disputed claims filed under the Plan and to establish such procedures that it deems necessary for
administration of the Plan (including, without limitation, to adopt such procedures and sub-plans as are necessary or appropriate to permit the participation in the Plan by employees who are foreign nationals or employed outside the United States).
The Administrator, in its sole discretion and on such terms and conditions as it may provide, may delegate to one or more individuals all or any part of its authority and powers under the Plan. Every finding, decision and determination made by the
Administrator (or its designee) will, to the full extent permitted by law, be final and binding upon all parties. 
  
 15. Designation of Beneficiary. 
  
 (a) A participant may designate a beneficiary who is to receive any shares of Common Stock and cash, if any, from the participant’s
account under the Plan in the event of such participant’s death subsequent to an Exercise Date on which the option is exercised but prior to delivery to such participant of such shares and cash. In addition, a participant may designate a
beneficiary who is to receive any cash from the participant’s account under the Plan in the event of such participant’s death prior to exercise of the option. If a participant is married and the designated beneficiary is not the spouse,
spousal consent will be required for such designation to be effective. 
  
 (b) Such designation of beneficiary may be changed by the participant at any time. In the event of the death of a participant and in the absence of a beneficiary validly designated under the Plan who is living at the
time of such participant’s death, the Company will deliver such shares and/or cash to the executor or administrator of the estate of the participant, or if no such executor or administrator has been appointed (to the knowledge of the Company),
the Company, in its discretion, may deliver such shares and/or cash to the spouse or to any one or more dependents or relatives of the participant, or if no spouse, dependent or relative is known to the Company, then to such other person as the
Company may designate. 
  

 -8- 

 (c) All beneficiary designations under this Section 15 will be made in such form and
manner as the Administrator may prescribe from time to time. 
  
 16. Transferability. Neither payroll deductions credited to a participant’s account nor any rights with regard to the exercise of an option or to receive shares of Common Stock under the Plan may be assigned, transferred,
pledged or otherwise disposed of in any way (other than by will, the laws of descent and distribution or as provided in Section 15) by the participant. Any such attempt at assignment, transfer, pledge or other disposition will be without effect,
except that the Company may treat such act as an election to withdraw from an Offering Period in accordance with Section 10. 
  
 17. Use of Funds. All payroll deductions received or held by the Company under the Plan may be used by the Company for any corporate purpose, and
the Company will not be obligated to segregate such payroll deductions. Until shares of Common Stock are issued under the Plan (as evidenced by the appropriate entry on the books of the Company or of a duly authorized transfer agent of the Company),
a participant will only have the rights of an unsecured creditor with respect to such shares. 
  
 18. Reports. Individual accounts will be maintained for each participant in the Plan. Statements of account will be given to participating Employees at least annually, which statements will set forth the
amounts of payroll deductions, the Purchase Price, the number of shares of Common Stock purchased and the remaining cash balance, if any. 
  
 19. Adjustments, Dissolution, Liquidation or Change of Control. 
  
 (a) Adjustments. In the event that any dividend or other distribution (whether in the form of cash,
Common Stock, other securities, or other property), recapitalization, stock split, reverse stock split, reorganization, merger, consolidation, split-up, spin-off, combination, repurchase, or exchange of Common Stock or other securities of the
Company, or other change in the corporate structure of the Company affecting the Common Stock such that an adjustment is determined by the Administrator (in its sole discretion) to be appropriate in order to prevent dilution or enlargement of the
benefits or potential benefits intended to be made available under the Plan, then the Administrator will, in such manner as it may deem equitable, adjust the number and class of Common Stock which may be delivered under the Plan, the Purchase Price
per share and the number of shares of Common Stock covered by each option under the Plan which has not yet been exercised, and the numerical limits of Sections 7 and 13. 
  
 (b) Dissolution or Liquidation. In the event of the proposed dissolution or liquidation of the
Company, the Offering Period then in progress will be shortened by setting a new Exercise Date (the “New Exercise Date”), and will terminate immediately prior to the consummation of such proposed dissolution or liquidation, unless provided
otherwise by the Board. The New Exercise Date will be before the date of the Company’s proposed dissolution or liquidation. The Board will notify each participant in writing, at least ten (10) business days prior to the New Exercise Date, that
the Exercise Date for the participant’s option has been changed to the New Exercise Date and that the participant’s option will be exercised automatically on the New Exercise Date, unless prior to such date the participant has withdrawn
from the Offering Period as provided in Section 10. 
  

 -9- 

 (c) Change of Control. In the event of a Change of Control, each outstanding
option will be assumed or an equivalent option substituted by the successor corporation or a Parent or Subsidiary of the successor corporation. In the event that the successor corporation refuses to assume or substitute for the option, any Offering
Period then in progress will be shortened by setting a new Exercise Date (the “New Exercise Date”) and such Offering Period will end on the New Exercise Date. The New Exercise Date will be before the date of the Company’s proposed
Change of Control. The Board will notify each participant in writing, at least ten (10) business days prior to the New Exercise Date, that the Exercise Date for the participant’s option has been changed to the New Exercise Date and that the
participant’s option will be exercised automatically on the New Exercise Date, unless prior to such date the participant has withdrawn from the Offering Period as provided in Section 10. 
  
 20. Amendment or Termination. 
  
 (a) The Administrator may at any time and for any reason
terminate or amend the Plan. Except as provided in Section 19, no such termination can affect options previously granted under the Plan, provided that an Offering Period may be terminated by the Administrator on any Exercise Date if the
Administrator determines that the termination or suspension of the Plan is in the best interests of the Company and its stockholders. Except as provided in Section 19 and this Section 20, no amendment may make any change in any option theretofore
granted which adversely affects the rights of any participant. To the extent necessary to comply with Section 423 of the Code (or any successor rule or provision or any other applicable law, regulation or stock exchange rule), the Company will
obtain stockholder approval in such a manner and to such a degree as required. 
  
 (b) Without stockholder consent and without regard to whether any participant rights may be considered to have been “adversely
affected,” the Administrator will be entitled to change the Offering Periods, limit the frequency and/or number of changes in the amount withheld during an Offering Period, establish the exchange ratio applicable to amounts withheld in a
currency other than U.S. dollars, permit payroll withholding in excess of the amount designated by a participant in order to adjust for delays or mistakes in the Company’s processing of properly completed withholding elections, establish
reasonable waiting and adjustment periods and/or accounting and crediting procedures to ensure that amounts applied toward the purchase of Common Stock for each participant properly correspond with amounts withheld from the participant’s
Compensation, and establish such other limitations or procedures as the Administrator determines in its sole discretion advisable which are consistent with the Plan. 
  
 (c) In the event the Administrator determines that the ongoing operation of the Plan may result in
unfavorable financial accounting consequences, the Board may, in its discretion and, to the extent necessary or desirable, modify or amend the Plan to reduce or eliminate such accounting consequence including, but not limited to: 
  
 (i) altering the Purchase Price for any Offering Period
including an Offering Period underway at the time of the change in Purchase Price; 
  
 (ii) shortening any Offering Period so that Offering Period ends on a new Exercise Date, including an Offering Period underway at the time
of the Board action; and 
  

 -10- 

 (iii) allocating shares. 
  
 Such modifications or amendments will not require stockholder approval or the consent of any Plan participants. 
  
 21. Notices. All notices or other communications by a participant to
the Company under or in connection with the Plan will be deemed to have been duly given when received in the form specified by the Company at the location, or by the person, designated by the Company for the receipt thereof. 
  
 22. Conditions Upon Issuance of Shares. Shares of Common Stock will
not be issued with respect to an option under the Plan unless the exercise of such option and the issuance and delivery of such shares pursuant thereto will comply with all applicable provisions of law, domestic or foreign, including, without
limitation, the Securities Act of 1933, as amended, including the rules and regulations promulgated thereunder, the Exchange Act and the requirements of any stock exchange upon which the shares may then be listed, and will be further subject to the
approval of counsel for the Company with respect to such compliance. 
  
 As a condition to the exercise of an option, the Company may require the person exercising such option to represent and warrant at the time of any such exercise that the shares are being purchased only for investment
and without any present intention to sell or distribute such shares if, in the opinion of counsel for the Company, such a representation is required by any of the aforementioned applicable provisions of law. 
  
 23. Term of Plan. The Plan will become effective upon the earlier to
occur of its adoption by the Board or its approval by the stockholders of the Company. It will continue in effect for a term of twenty (20) years, unless sooner terminated under Section 20. 
  

 -11- 

 SAMPLE SUBSCRIPTION AGREEMENT 
  
 MONOLITHIC POWER SYSTEMS, INC. 
  
 2004 EMPLOYEE STOCK PURCHASE PLAN 
  
 SUBSCRIPTION AGREEMENT 
  

			
	                      Original
Application
	 	Offering Date:                    
	                      Change in
Payroll Deduction Rate
	 	 
	                      Change of
Beneficiary(ies)
	 	 

  

	1.	                         hereby elects to participate
in the Monolithic Power Systems, Inc. 2004 Employee Stock Purchase Plan (the “Plan”) and subscribes to purchase shares of the Company’s Common Stock in accordance with this Subscription Agreement and the Plan.

  

	2.	I hereby authorize payroll deductions from each paycheck in the amount of
                        % of my Compensation on each payday (from 0 to 15%) during the Offering Period in accordance with
the Plan. (Please note that no fractional percentages are permitted.) 

  

	3.	I understand that said payroll deductions will be accumulated for the purchase of shares of Common Stock at the applicable Purchase Price determined in accordance with the Plan. I
understand that if I do not withdraw from an Offering Period, any accumulated payroll deductions will be used to automatically exercise my option. 

  

	4.	I have received a copy of the complete Plan. I understand that my participation in the Plan is in all respects subject to the terms of the Plan. I understand that my ability to
exercise the option under this Subscription Agreement is subject to shareholder approval of the Plan. 

  

	5.	Shares of Common Stock purchased for me under the Plan should be issued in the name(s) of Employee or Employee and Spouse only. 

  

	6.	 I understand that if I dispose of any shares received by me pursuant to the Plan within 2 years after the Offering Date (the first day of the Offering Period during
which I purchased such shares) or one year after the Exercise Date, I will be treated for federal income tax purposes as having received ordinary income at the time of such disposition in an amount equal to the excess of the fair market value of the
shares at the time such shares were purchased by me over the price which I paid for the shares. I hereby agree to notify the Company in writing within 30 days after the date of any disposition of my shares and I will make adequate provision for
Federal, state or other tax withholding obligations, if any, which arise upon the disposition of the Common Stock. The Company may, but will not be obligated to, withhold from my compensation the amount necessary to meet any applicable
withholding obligation including any withholding necessary to make available to the Company any tax deductions or 

  

	 	 
benefits attributable to sale or early disposition of Common Stock by me. If I dispose of such shares at any time after the expiration of the 2-year and
1-year holding periods, I understand that I will be treated for federal income tax purposes as having received income only at the time of such disposition, and that such income will be taxed as ordinary income only to the extent of an amount equal
to the lesser of (1) the excess of the fair market value of the shares at the time of such disposition over the purchase price which I paid for the shares, or (2) 15% of the fair market value of the shares on the first day of the Offering Period.
The remainder of the gain, if any, recognized on such disposition will be taxed as capital gain. 

  

	7.	I hereby agree to be bound by the terms of the Plan. The effectiveness of this Subscription Agreement is dependent upon my eligibility to participate in the Plan.

  

	8.	In the event of my death, I hereby designate the following as my beneficiary(ies) to receive all payments and/or shares due me under the Plan: 

  

							
	NAME: (Please print)	 	 
	 	 	

					
	(First)	 	(Middle)	  	(Last)

					
			
	 	 	 	  	 
	
	 	 	 	

	Relationship	 	 	  	 
			
	 	 	 	  	 
	
	 	 	 	

	Percentage Benefit	 	 	  	(Address)

					
		
	NAME: (please print)	 	 
	 	 	

					
	(First)	 	(Middle)	  	(Last)

					
			
	 	 	 	  	 
	
	 	 	 	

	Relationship	 	 	  	 
			
	 	 	 	  	 
	
	 	 	 	

	Percentage of Benefit	 	 	  	(Address)

  

 -2- 

			
	 Employee’s Social
 Security Number:
	  	 
	 	 	

		
	Employee’s Address:	  	 
	 	 	

		
	 	  	 
	 	 	

		
	 	  	 
	 	 	

  
 I UNDERSTAND THAT THIS SUBSCRIPTION
AGREEMENT WILL REMAIN IN EFFECT THROUGHOUT SUCCESSIVE OFFERING PERIODS UNLESS TERMINATED BY ME. 
  

							
				
	 Dated:
	 	  	 	 	 	  
	 	 	
	 	 	 	

	 	 	 	 	 	 	 Signature of Employee

				
	  	 	  	 	 	 	  
	 	 	 	 	 	 	

	 	 	 	 	 	 	 Spouse’s Signature (If beneficiary other than spouse)

  

 -3- 

 SAMPLE WITHDRAWAL NOTICE 
  
 MONOLITHIC POWER SYSTEMS, INC. 
  
 2004 EMPLOYEE STOCK PURCHASE PLAN 
  
 NOTICE OF WITHDRAWAL 
  
 The undersigned participant in the Offering Period of the Monolithic Power Systems, Inc. 2004 Employee Stock Purchase Plan which began on
                            ,
                 (the “Offering Date”) hereby notifies the Company that he or she hereby withdraws from the Offering Period. He or she hereby directs
the Company to pay to the undersigned as promptly as practicable all the payroll deductions credited to his or her account with respect to such Offering Period. The undersigned understands and agrees that his or her option for such Offering Period
will be automatically terminated. The undersigned understands further that no further payroll deductions will be made for the purchase of shares in the current Offering Period and the undersigned will be eligible to participate in succeeding
Offering Periods only by delivering to the Company a new Subscription Agreement. 
  

	
	Name and Address of Participant:
	
	 
	

	
	 
	

	
	 
	

	
	 Signature:

	
	 
	

			
		
	 Date:Prepared by R.R. Donnelley Financial -- Foundry Agreement dated August 14, 2001

  
 Exhibit 10.5

  
 MONOLITHIC POWER SYSTEMS, INC HAS REQUESTED THAT PORTIONS OF THIS DOCUMENT
BE ACCORDED CONFIDENTIAL TREATMENT PURSUANT TO RULE 406 OF REGULATION C PROMULGATED UNDER THE SECURITIES ACT OF 1933, AS AMENDED. ACCORDINGLY, CERTAIN INFORMATION IN THIS EXHIBIT HAS BEEN OMITTED AND FILED SEPARATELY WITH THE COMMISSION. OMITTED
INFORMATION HAS BEEN REPLACED BY [*]. 
  
 Dated this 14th day of August 2001 
  
 Between 
  
 MONOLITHIC POWER SYSTEMS, INC. 
  
 and 
  
 ADVANCED SEMICONDUCTOR
MANUFACTURING CORP. 
 OF SHANGHAI 
  

  
 FOUNDRY AGREEMENT

  

  

 CONTENTS 
  

					
	Clause

	  	Page

	1.	  	DEFINITIONS	  	1
	2.	  	MANUFACTURE OF WAFERS	  	2
	3.	  	QUALIFICATION AND MODIFICATION	  	2
	4.	  	PRODUCTION PLANNING	  	3
	5.	  	PURCHASE ORDERS	  	4
	6.	  	PRICING AND PAYMENT TERMS	  	4
	7.	  	QUALITY CONTROL AND INSPECTION	  	5
	8.	  	PROCEDURE FOR CUSTOMER RETURNS	  	5
	9.	  	PRODUCTION HALTS	  	6
	10.	  	DELIVERY	  	6
	11.	  	TERM AND TERMINATION	  	7
	12.	  	FORCE MAJEURE	  	8
	13.	  	USE RESTRICTION AND LIMITATION OF LIABILITY	  	8
	14.	  	CONFIDENTIALITY	  	9
	15.	  	NOTICES	  	10
	16.	  	WAIVER AND REMEDIES	  	10
	17.	  	SEVERANCE	  	11
	18.	  	ENTIRE AGREEMENT	  	11
	19.	  	NO ASSIGNMENT OR SUB-CONTRACTING	  	11
	20.	  	GOVERNING LAW	  	11
	21.	  	ARBITRATION	  	11

  

			
	Agreed Price Quotations for Wafers	  	Appendix A
	 Qualification of process and product and
 Electrical Test
and Electrical Parameters
	  	Appendix B
	Acceptance Criteria	  	Appendix C
	Change Request Procedure	  	Appendix D
	Process Change Requests	  	Appendix E
	Procedure for Customer Returns	  	Appendix F
	Cancellation Fee	  	Appendix G

  

 THIS FOUNDRY AGREEMENT is made this 14th day of August 2001 (the “Effective Date”) by and between: 
  

(1) Monolithic Power Systems, Inc., with its principal place of business at 3777 Stevens Creek Blvd., Suit 400, Santa Clara, CA 95051-7364,
U.S.A. (hereinafter referred to as ‘MPS’); and 
  
 (2) ADVANCED SEMICONDUCTOR MANUFACTURING CORP. OF SHANGHAI (ASMC), with a principal place of business at 385 Hong Cao Road, Shanghai 200233, China. 
  
 WHEREAS 
  
 (A) MPS has designed and developed certain integrated circuit products and desires to have wafers manufactured to its specifications for the purposes of
manufacturing such products; 
  
 (B) ASMC is in the business of
manufacturing and selling semiconductor wafers; and 
  
 (C) MPS
and ASMC desire to enter into an agreement for the purpose of having ASMC manufacture wafers for MPS. 
  
 NOW IT IS HEREBY AGREED as follows: 
  
 1. DEFINITIONS 
  
 1.1 In this Agreement, unless otherwise defined or the context otherwise requires, the following words and expressions shall bear the
following meanings: 
  
 ‘Acceptance
Criteria’ shall mean the visual inspection criteria, electrical test and electrical parameters and other criteria for each Product to be met by ASMC prior to delivery of Wafers and mutually agreed upon by the Parties. The Acceptance
Criteria is set out in Appendix C; 
  
 ‘Masks’ means the masks and reticle sets used by ASMC in the production of Wafers for MPS; 
  
 ‘Products’ means MPS’s integrated circuit products identified by MPS’s product part numbers listed in
MPS’s purchase orders; 
  
 ‘Scheduled Delivery Date’ has the meaning set out in Clause 5.1; 
  
 ‘Wafers’ means silicon wafers containing finished die for the Products manufactured by ASMC in accordance with the terms
of this Agreement. 
  
 [*] means the [*] or the
[*] of [*] each individual [*] device. 
  

 1.2 References to recitals, clauses and appendices are references to recitals, clauses
and appendices of this Agreement. 
  
 1.3 The
headings in this Agreement are inserted for convenience only and shall be ignored in the interpretation of this Agreement. 
  
 1.4 Unless the context otherwise requires, words denoting the singular number shall include the plural and vice versa, words importing the
masculine gender shall include the feminine gender and words importing a person shall include a company or corporation and vice versa. 
  
 2. MANUFACTURE OF WAFERS 
  
 2.1 ASMC shall manufacture Wafers for MPS in accordance with the terms of this Agreement. 
  
 2.2 MPS shall furnish ASMC with all requisite technical
support and assistance in starting up the manufacture of Wafers at ASMC’s wafer manufacturing facilities (‘the facilities’) on terms and conditions to be mutually agreed. MPS shall also assist, if it requires wafer sort and test
services from ASMC, in starting up sort and test capabilities for the Wafers at the facilities. MPS shall bear mutually agreed upon non-recurring engineering costs incurred in the start-up of the manufacture of the Wafers at the facilities.

  
 2.3 MPS shall provide at its own expense all
requisite Masks which meet ASMC’s tooling specifications to ASMC within reasonable time for the manufacture of Wafers. The Parties agree that lot starts shall be initiated only after Masks meet ASMC’s tooling and other specifications. MPS
shall bear the costs of any Wafer lots put on hold by reason of the non-availability of the Masks. Alternatively, MPS may authorise ASMC to procure at MPS’s expense and on terms mutually agreed beforehand, the Masks from a designated
third-party contractor. Such Masks will be subject to ASMC’s in-coming reticle inspection criteria and qualification process. 
  
 2.4 Ownership of the MPS products and [*]: MPS will retain and own exclusively throughout the world all right, title, and interest in the
Products and designs, patents, copyrights, mask work rights and [*]. ASMC shall not disclose any information related to MPS’s products and [*] to third parties without written permission from MPS. ASMC will not [*] any other customers.

  
 2.5 ASMC will not disclose to the third
parties the cooperation relationship between MPS and ASMC without written permission from MPS. 
  
 3. QUALIFICATION AND MODIFICATION 
  
 3.1 The Parties shall, where required by MPS, proceed in accordance with mutually agreed terms, with the qualification of the relevant ASMC process to be used in the manufacture of Wafers for MPS. ASMC shall provide
to MPS the applicable electrical test and electrical parameters for each qualified process. 
  

 3.2 Upon successful qualification of the manufacturing process, ASMC shall manufacture
the Wafers to conform with the Acceptance Criteria set out in Appendix C. 
  
 3.3 If the changes to the Acceptance Criteria are made otherwise than to correct any defects in the manufacture of Wafers hereunder, the Parties shall in good faith re-negotiate any existing terms and conditions of
purchase (including pricing and delivery commitments) which require amendment as a result of such changes. Changes required shall be submitted to the MPS per procedures defined by Appendix D. 
  
 3.4 Any MPS requests for changes to the process flow for a
Product and/or lot of Wafers shall be evaluated by ASMC in accordance with the ASMC’s Process Request Form (PRF) Procedure referenced in Appendix E, where applicable. Other requested process changes not governed by the Process Request
Procedure, including a request for a non-standard process flow, shall be evaluated by ASMC in accordance with ASMC’s ROI Investigation Procedure for Non-standard Products. 
  
 4. PRODUCTION PLANNING 
  
 4.1 With effect from a date to be agreed by the Parties, MPS shall provide to ASMC no later than the 5th day of each month, its rolling
6-monthly forecast of its monthly volume requirements for Wafers for each relevant Product to be manufactured hereunder. The first 3 months of each 6-monthly forecast shall be backed by purchase orders for such first 3 months. By way of example, by
5th January, MPS shall provide to ASMC purchase orders for February, March and April, and a forecast of MPS’s monthly volume requirements for May, June and July; and by 5th February, MPS shall provide to ASMC purchase orders for May, and a
forecast of MPS’s monthly volume requirements for June, July and August; and by 5th March, MPS shall provide to ASMC purchase orders for June, and a forecast of MPS’s monthly volume requirements for July, August and September; and so on.

  
 4.2 MPS shall use commercially reasonable
efforts to make orders for a minimum of 24 Wafers per lot for 6” wafers, or 49 wafers per lot for 5” wafers. ASMC reserves the right to levy additional charges if Wafer lot sizes ordered are less than 24 Wafers per lot for 6” wafers,
or 49 wafers per lot for 5” wafers. 
  
 4.3
If requested by MPS, ASMC shall establish an in-line production inventory of Wafers for MPS upon mutually agreed terms. ASMC reserves the right to levy additional charges in the event that the ageing of such inventory exceeds 1 month at mutually
agreed terms. 
  
 4.4 In the event that the
actual quantity of Wafers ordered by MPS for the period commencing January 1st of a calendar year, and ending on 31 December of the same year (‘MPS Fiscal Year’) for all Products combined is less than the MPS Purchase Plan for that MPS
Fiscal Year, then the ASMC Capacity Plan to the MPS for the following MPS Fiscal Year shall be re-negotiated and mutually agreed upon, and either Party shall have no other obligation to the other Party with respect to that renegotiated portion of
the MPS Purchase Plan or ASMC Capacity Plan. 
  

 5. PURCHASE ORDERS 
  
 5.1 The purchase and supply of Wafers under this Agreement shall commence only when: 
  
 (a) MPS has issued a purchase order to ASMC; and 

 
 (b) ASMC has returned to MPS such purchase order with
ASMC’s written acknowledgement thereon; 
  
 (c) ASMC has issued to MPS, within 5 business days, a written confirmation of the scheduled delivery date and scheduled starting week (the “Scheduled Delivery Date”) of the Wafers ordered; and 
  
 (d) Subject to Appendix G, MPS may at any time cancel any
purchase order prior to the commencement of manufacturing. 
  
 5.2 All purchase orders issued by MPS shall reference this Agreement. The terms and conditions of this Agreement shall exclusively govern the purchase and supply of Wafers hereunder and shall override any conflicting,
amending and/or additional terms contained in any pricing agreement, MPS’s purchase order, MPS’s acceptance documents or ASMC’s acknowledgement documents. No variation or addition to the terms and conditions contained in this
Agreement shall be binding unless agreed in writing between the authorised representatives of the Parties. 
  
 5.3 The MPS’s purchase order shall contain the Product code, ASMC product code, quantity of Wafers required, requested delivery dates
for such Wafers, Wafer unit costs, a statement as to whether unprobed or probed Wafers are required and other purchase requirements. MPS shall request delivery dates consistent with ASMC’s then prevailing production cycle-times for the relevant
Product specified in MPS’s purchase order. 
  
 6. PRICING
AND PAYMENT TERMS 
  
 6.1 The purchase price
of Wafers charged to MPS shall be in accordance with the terms of the relevant ASMC price quotation agreed to by the Parties for the relevant lots of Wafers purchased. Each Agreed Price Quotation, which shall reference this Agreement, shall be
attached to this Agreement and shall be successively numbered as Appendix A-1, A-2, A-3 etc. 
  
 6.2 Payment term is determined according to credit check. MPS will use L/C as the payment term in first three month of production. After
three months of production, ASMC will review MPS’s credit and determine if give MPS T/T 30 days credit payment term in next phase. ASMC has the right to change the payment term in case MPS has not made the payment according to the agreed upon
time. Any late payment for Wafers shall be subject to interest charges of 1.5% per month. All bank charges outside of Mainland China shall be paid by MPS. 
  

 6.3 All invoices issued by ASMC shall identify the Wafers and the relevant MPS purchase
order number, Product part number, purchase order line and release number, description of items and quantity of items shipped. Unless otherwise agreed by MPS and ASMC in writing, invoices may be mailed no earlier than the relevant date of shipment.

  
 6.4 In the event of any dispute over the
amount invoiced, MPS shall first make payment of the undisputed portion in accordance with Clause 6.2 pending resolution of the dispute between the Parties. 
  
 6.5 MPS shall pay, in addition to the Ex-Works (ASMC Factory) prices of Wafers stipulated herein, the amount of any freight, insurance,
handling and other duties levied on the shipment of Wafers to MPS. MPS shall also pay for all sales, use, excise or other similar taxes levied on the purchase of Wafers by MPS herein. 
  
 7. QUALITY CONTROL AND INSPECTION 
  
 7.1 ASMC will use commercially reasonable efforts to manufacture Wafers to conform with the Acceptance
Criteria set out in Appendix C. Prior to delivery, ASMC shall perform on each lot of Wafers manufactured, the tests specified in the Acceptance Criteria. ASMC will deliver only Wafers which meet the Acceptance Criteria, unless MPS waives such
obligation in accordance with the applicable Waiver Procedures specified in Appendix C, or as mutually agreed between the Parties. 
  
 7.2 If ASMC discovers that the Wafers do not meet any one of the Acceptance Criteria, ASMC shall as soon as reasonably possible effect the
rectification or replacement of the Wafers. 
  
 8. PROCEDURE
FOR CUSTOMER RETURNS 
  
 8.1 The Procedure
for Customer Returns as set out in Appendix F shall apply to Wafers manufactured under this Agreement. The time limit for the return of Wafers due to low sort yield is 60 days from the delivery date of such Wafers, and the time limit for the return
of Wafers due to reliability failures is 1 year from the delivery date of such Wafers. 
  
 8.2 ASMC shall have no liability and shall not be obliged to accept the return of Wafers after the relevant period of 60 days or 1 year,
as the case may be. In addition, ASMC shall be under no liability for defects in the Wafers caused by persons other than ASMC, including, static discharge, abnormal working conditions, fair wear and tear, accident, wilful damage, abuse, misuse,
neglect, improper installation, repair or alteration by persons other than ASMC, improper testing and/or improper storage and/or improper handling or use contrary to any instructions issued by ASMC which are in keeping with generally accepted
industry practices. Further, ASMC shall be under no liability for any parts or materials it has not manufactured. 
  
 8.3 ASMC shall have the discretion to decide whether or not to conduct failure analysis on the Wafers returned by MPS, and if such failure
analysis is conducted, ASMC will, at 

  

 
MPS’s request, provide MPS with copies of the results of such analysis. If ASMC’s failure analysis determines that the defects are due to causes
other than the causes specified in Clause 8.2, then MPS may at its option elect for either a full credit for the purchase price paid for such Wafers, or ASMC’s replacement of the defective Wafers returned to ASMC. If MPS elects for the
replacement of defective Wafers, the manufacture of such Wafers shall have high priority on ASMC’s production schedule. 
  
 8.4 THE FOREGOING STATES ASMC’S ENTIRE LIABILITY, WHETHER IN CONTRACT OR IN TORT FOR DEFECTS IN WAFERS. THE EXPRESS TERMS OF THIS
AGREEMENT ARE IN LIEU OF ALL WARRANTIES, CONDITIONS, TERMS, UNDERTAKINGS, AND OBLIGATIONS IMPLIED BY STATUTE, COMMON LAW, CUSTOM, TRADE USAGE, COURSE OF DEALING OR OTHERWISE, ALL OF WHICH ARE HEREBY EXPRESSLY EXCLUDED TO THE FULLEST EXTENT PERMITTED
BY LAW AND ASMC SPECIFICALLY DISCLAIMS ANY WARRANTY OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE. 
  
 9. PRODUCTION HALTS 
  
 9.1 MPS may at any time request ASMC to halt the manufacture of Wafers still in-process and ASMC shall effect production stoppage if
commercially feasible. The manufacture of Wafers shall remain on hold pending written directions from MPS. 
  
 9.2 If MPS decides to cancel its order for Wafers, MPS shall pay to ASMC a Cancellation Fee based on the formula set out in Appendix G.

  
 9.3 ASMC shall, if commercially feasible,
re-start the manufacture of Wafers within a reasonable time after receipt of MPS’s written request, subject to MPS’ s agreement to bear all expenses incurred by ASMC in production stoppage and re-start. ASMC will make no commitments of
yield, reliability and conformance with the Acceptance Criteria in respect of Wafers stopped in process (a) more than one time regardless of the number of days of stoppage, or (b) if the stoppage lasts for more than 30 days. 
  
 10. DELIVERY 
  
 10.1 ASMC shall use its commercially reasonable efforts to
deliver the exact quantity of Wafers stipulated in the relevant MPS purchase order and confirmed by ASMC. However if for each purchase order the aggregate quantity of Wafers delivered by ASMC is either within plus or minus 10% of the quantity
ordered, such quantity shall constitute compliance with MPS purchase order for the purposes of meeting delivery requirements. 
  
 10.2 Unless otherwise agreed by the Parties, Wafers shall be delivered Ex-Works (ASMC’s factory in Shanghai, China). ASMC shall use
its commercially reasonable efforts to deliver within the Scheduled Delivery Date. However if for each purchase order, Wafers are delivered within plus or minus 7 days of the Scheduled Delivery Date, such delivery shall constitute 

  

 
compliance with MPS purchase order. ASMC shall promptly give MPS written notice of any prospective failure to deliver within the Scheduled Delivery Date.

  
 10.3 All quantities of Wafers shall be
delivered in ASMC standard containers with proper labels identifying the specific Product and lot number and shall be accompanied by a packing list specifying the relevant purchase order number, Wafer lot number, Wafer quantity and number of good
un-inked die (if Wafers have been sorted) and agreed upon processing documentation. 
  
 10.4 If MPS fails to take delivery of any quantity of Wafers or fails to give adequate delivery instructions (otherwise than by reason of
any cause beyond MPS’s reasonable control or by reason of ASMC’s fault), then without prejudice to any other right or remedy available to ASMC, ASMC may at its option, store such Wafers until actual delivery and charge MPS for reasonable
costs (including insurance) of storage. 
  
 11. TERM AND
TERMINATION 
  
 11.1 This Agreement shall
commence on the Effective Date and shall continue for a period of 4 years therefrom, unless otherwise extended by the mutual agreement of the Parties or earlier terminated in the following events : 
  
 (a) by agreement of the Parties; 
  
 (b) forthwith by ASMC if MPS fails to pay any sum due to
ASMC hereunder which has been outstanding for a period of 60 days; 
  
 (c) forthwith by either Party if the other commits any material breach of any term of this Agreement and which in the case of a breach capable of being remedied shall not have been remedied within 60 days of a written
request to remedy the same. 
  
 (d) at the option
of either Party, in any of the following events: 
  
 (i) the inability of the other Party to pay its debts in the normal course of business; or 
  
 (ii) the other Party ceasing or threatening to cease wholly or substantially to carry on its business, otherwise than for the purpose of
a reconstruction or amalgamation without insolvency; or 
  
 (iii) any encumbrancer taking possession of or a receiver, trustee or judicial manager being appointed over the whole or any substantial part of the undertaking, property or assets of the other Party; or 

 
 (iv) the making of an order by a court of competent
jurisdiction or the passing of a resolution for the winding-up of the other Party or any company controlling the other Party, otherwise than for the purpose of a reconstruction or amalgamation without insolvency. 
  

 11.2 Termination of this Agreement pursuant to Clause 11.1 shall take effect immediately
upon the issue of a written notice to that effect by the Party terminating the Agreement to the other. The termination of this Agreement however caused shall be without prejudice to any obligations or rights of either Party which have accrued prior
to such termination and shall not affect any provision of this Agreement which is expressly or by implication provided to come into effect on or to continue in effect after such termination. This indemnity shall survive the expiration or termination
of this Agreement 
  
 11.3 MPS shall be
financially responsible for any unused materials if purchased for the exclusive use by MPS if such material was originally purchased in support of MPS’s demand forecast. 
  
 12. FORCE MAJEURE 
  
 12.1 Each Party’s obligations under this Agreement shall be suspended upon the occurrence of a force majeure event such as act of
God, flood, earthquake, fire, explosion, act of government, war, civil commotion, insurrection, embargo, riots, lockouts, labour disputes affecting such Party, for such period as such force majeure event may subsist. Upon the occurrence of a force
majeure event, the affected Party shall notify the other Party in writing of the same and shall by subsequent written notice after the cessation of such force majeure event inform the other Party of the date on which that Party’s obligation
under this Agreement shall be reinstated. 
  
 12.2 Notwithstanding anything in this Clause 12, upon the occurrence of a force majeure event affecting either Party, and such force majeure event continues for a period exceeding 6 consecutive months without a prospect of a cure of such
event, the other Party shall have the option, in its sole discretion, to terminate this Agreement. Such termination shall take effect immediately upon the written notice to that effect from the other Party to the Party affected by the force majeure
event. 
  
 13. USE RESTRICTION AND LIMITATION OF LIABILITY

  
 13.1 MPS accepts all responsibility for
any use or action taken by MPS with respect to Wafers manufactured by ASMC, once ASMC has satisfactorily delivered the said Wafers to MPS or MPS’s agent(s) in accordance with the terms of this Agreement. 
  
 13.2 MPS hereby agrees that the Wafers and Products are not
authorized for use as critical or important components in (a) any medical, life saving or life support devices or systems; or (b) any safety devices or systems in any automotive applications and mechanisms (including but not limited to automotive
brake systems or airbag systems). ASMC shall not be responsible or liable to MPS or any third party for any unauthorized use of the Wafers or Products. As used herein: 
  
 (i) Medical, life saving or life support devices or systems are devices or systems which are intended (aa)
for surgical implant into the human body, or (bb) to support or sustain life, and whose malfunction or failure to perform may result in significant injury or death to the user. 
  

 (ii) A critical or important component is any component of a medical, life saving, life
support or safety device or system whose malfunction or failure to perform may cause the failure of such device or system, or to affect its effectiveness. 
  
 13.3 MPS shall indemnify, hold harmless and defend ASMC, its officers, directors, employees and subcontractors from and against any claim,
suit, demand or action which arise in any way out of, involve or relate to an unauthorized use of any Wafers or Products and MPS shall indemnify and hold harmless ASMC, its officers, directors, employees and subcontractors against any and all direct
losses, liabilities, damages, awards of settlement (including court costs) and expenses (including all reasonable attorney’s fees, whether or not legal proceedings are commenced) arising from any such claim, suit, demand or action. ASMC shall
notify MPS of any such claim or allegation promptly after receiving notice thereof. 
  
 13.4 THE TOTAL LIABILITY OF ASMC ON ALL CLAIMS OF ANY KIND, WHETHER IN CONTRACT, TORT (INCLUDING NEGLIGENCE), STRICT LIABILITY OR
OTHERWISE ARISING OUT OF THE PERFORMANCE OR BREACH OF THIS AGREEMENT OR USE OF THE WAFERS SHALL NOT EXCEED THE TOTAL AMOUNT RECEIVED BY ASMC FROM MPS IN RESPECT OF THE SALE OF THE WAFERS WHICH GIVES RISE TO THE CLAIM. 
  
 13.5 In no event shall either Party be liable to the other
for any damages with respect to any subject matter of this Agreement under any contract, tort (including negligence), strict liability or other legal or equitable theory for any incidental, consequential, special or indirect damages of any sort even
if such Party has been informed of the possibility of such damages. 
  
 14. CONFIDENTIALITY 
  
 14.1 All
Confidential Information shall be kept confidential by the recipient unless or until the recipient Party can reasonably demonstrate that any such Confidential Information is, or part of it is, in the public domain through no fault of its own,
whereupon to the extent that it is in the public domain or is required to be disclosed by law this obligation shall cease. For the purposes of this Agreement, “Confidential Information” shall mean all communications between the Parties,
and all information and other materials supplied to or received by either of them from the other (a) prior to or on the date or after the date of this Agreement whether or not marked confidential; (b) all information concerning the business
transactions and the financial arrangements of the Parties with any person with whom any of them is in a confidential relationship with regard to the matter in question coming to the knowledge of the recipient. 
  
 14.2 The Parties shall take all reasonable steps to minimise
the risk of disclosure of Confidential Information, by ensuring that only they themselves and such of their employees and directors whose duties will require them to possess any of such information shall have access thereto, and will be instructed
to treat the same as confidential. 
  
 14.3 The
obligation contained in this Clause 14 shall endure, even after the termination of this Agreement, for a period of 5 years from the date of receipt of the Confidential 

  

 
Information except and until such Confidential Information enters the public domain as set out above. 
  
 15. NOTICES 
  
 15.1 Addresses. All notices, demands or other
communications required or permitted to be given or made under or in connection with this Agreement shall be in writing and shall be sufficiently given or made (a) if delivered by hand or commercial courier or (b) sent by pre-paid registered post or
(c) sent by legible facsimile transmission (provided that the receipt of such facsimile transmission is confirmed and a copy thereof is sent immediately thereafter by pre-paid registered post or commercial courier) addressed to the intended
recipient at its address or facsimile number set out below. A Party may from time to time notify the others of its change of address or facsimile number in accordance with this Clause 15. 
  
 Advanced Semiconductor Manufacturing Corp. of Shanghai 

385 Hong Cao Road 
 Shanghai,
200233, China 
 Facsimile #: +86-21-64853925 
  
 Monolithic Power Systems, Inc. 
 3777 Stevens Creek Blvd., Suite 400 
 Santa Clara, CA 95051-7364 
 U.S.A. 
 Facsimile #: +1 408
2430099 
  
 15.2 Deemed Delivery. Any
such notice, demand or communication shall be deemed to have been duly served (a) if delivered by hand or commercial courier, or sent by pre-paid registered post, at the time of delivery; or (b) if made by successfully transmitted facsimile
transmission, at the time of dispatch (provided that the receipt of such facsimile transmission is confirmed and that immediately after such dispatch, a copy thereof is sent by pre-paid registered post or commercial courier). 
  
 16. WAIVER AND REMEDIES 
  
 16.1 No delay or neglect on the part of either Party in
enforcing against the other Party any term or condition of this Agreement or in exercising any right or remedy under this Agreement shall either be or be deemed to be a waiver or in any way prejudice any right or remedy of that Party under this
Agreement. 
  
 16.2 No remedy conferred by any of
the provisions of this Agreement is intended to be exclusive of any other remedy which is otherwise available at law, in equity, by statute or otherwise and each and every other remedy shall be cumulative and shall be in addition to every other
remedy given hereunder or now or hereafter existing at law, in equity, by statute or otherwise. The election of any one or more of such remedies by either of the Parties shall not constitute a waiver by such Party of the right to pursue any other
available remedy. 
  

 17. SEVERANCE. If any provision or part of this Agreement is rendered void, illegal or
unenforceable in any respect under any enactment or rule of law, the validity, legality and enforceability of the remaining provisions shall not in any way be affected or impaired thereby. 
  
 18. ENTIRE AGREEMENT 
  
 18.1 This Agreement and the Appendices constitutes the
entire agreement between ASMC and MPS and shall supersede all previous agreements and undertakings between Parties with respect to the subject matter hereof. 
  

18.2 The following Appendices are hereby deemed a part of this Agreement and incorporated herein by reference. The term
“Agreement” includes the following Appendices: 
  

			
	Appendix A	  	Agreed Price Quotations for Wafers
	Appendix B	  	Qualification of process and product and Electrical Test and Electrical Parameters
	Appendix C	  	Acceptance Criteria
	Appendix D	  	Change Request Procedure
	Appendix E	  	Process Change Requests
	Appendix F	  	Procedure for Customer Returns
	Appendix G	  	Cancellation Fee

  
 18.3
The terms and conditions of the Agreed Price Quotations and this Agreement shall exclusively govern the purchase and supply of Wafers and shall override any conflicting, amending and/or additional terms contained on MPS’s purchase order and/or
acceptance documents which have been or may hereafter be issued by MPS or any acknowledgement or similar documents by ASMC. In the event of any conflict or inconsistency between the terms of this Agreement and the relevant Agreed Price Quotation,
the terms of the Agreed Price Quotation shall prevail. 
  
 19.
NO ASSIGNMENT OR SUB-CONTRACTING. Unless otherwise agreed in writing by the Parties, this Agreement may not be assigned or sub-contracted by either Party to any third party without the prior written consent of the other Party. 
  
 20. GOVERNING LAW. This Agreement shall be governed by and construed
in accordance with the substantive laws of the People’s Republic of China. 
  
 21. ARBITRATION. Any dispute arising from or relating to or in connection with this Agreement shall be submitted to China International Economic and Trade Arbitration Commission, Beijing, China for arbitration
which shall be conducted in accordance with the commission’s arbitration rules in effect at the time of applying for arbitration. The arbitral award is final and binding upon both parties. 
  

 IN WITNESS WHEREOF the Parties have hereunto entered into this Agreement as at the date first
above written. 
  

									
			
	       /s/ Deming Xiao
	 	 	 	 
	 Name:
	 	 Deming Xiao
	 	 	 	 
	 Title:
	 	 Foundry Manager
	 	 	 	 8/15/01

			
	 for and on behalf of
 Monolithic Power
Systems, Inc.
	 	 	 	 
			
	       /s/ Sun Zhen
	 	 	 	 
	 Name:
	 	 Sun Zhen
	 	 	 	 
	 Title:
	 	 Sales and Marketing Dept. Manager
	 	 	 	 
			
	 for and on behalf of
 Advanced Semiconductor
Manufacturing Corp. of Shanghai
	 	 	 	 

  

 APPENDIX A 
 (Ref : Clause 6.1) 
  
 AGREED
PRICE QUOTATIONS FOR WAFERS 
  
 Each agreed price
quotation shall reference this Foundry Agreement and shall be attached to this Agreement and successively numbered as Appendix A-1, A-2, A-3, etc. of Foundry Agreement dated August 14, 2001. 
  

 Appendix A 
  

PRICE QUOTATIONS 
  
 1. ASMC – MPS Term Sheet 
  
 1.1 This document summarizes the mutual agreement between ASMC and MPS concerning the manufacture being manufactured by ASMC. 

 
 1.2 The current term of this agreement is in essence from
Aug. 14, 2001 to Aug. 13, 2005, and may be by mutual consent, be extended beyond this term. 
  
 2. Process Technologies 
  
 2.1 The pricing covers the MPS [*] and its derivatives. 
  
 3. Pricing 
  
 3.1 Pricing for standard production wafers: 
  
 3.1.1 Production Pricing is based on the following assumptions: 
  
 3.1.1.1 Un-probed, PCM wafers 
  
 3.1.1.2 Price validity: Aug. 14, 2001 through Aug. 13, 2005. 
  
 3.1.1.3 Minimum Acceptable Yield: Refer to Appendix C of Foundry Agreement. 
  
 3.1.2 Price: 
  
 3.1.2.1 : [*] per mask layer and Epi layer for volume >=
1000 wafers on the quarterly average basis. 
  
 3.1.2.2 : [*] per mask layer and Epi layer for volume < 1000 wafers on the quarterly average basis. 
  
 3.1.3 Price during technology transfer and qualification: [*] per mask layer. The transfer and qualification period should be completed
before Aug. 5, 2002. 
  
 3.2 Pricing for
prototype wafers: 
  
 3.2.1 Pricing for prototype
wafers: [*] premium over the standard production wafer. 
  

 3.2.2 Prototype lot status: Unless MPS requests otherwise, the Prototype lot assumes the
hot lot status, defined as 1.8 days per mask layer. The exception is initial lots which used as setting up process in ASMC, which will take longer times. 
  
 3.2.3 Minimum wafer start for prototype lot: 12 wafers. One split in each lot. If customer ask for more split, the cost is [*] each more
split. 
  
 3.3 Pricing for engineering wafers:

  
 3.3.1 Engineering wafers defined as the
wafers processed with nonproduction process. 
  
 3.3.2 Pricing for engineering wafers: [*] premium over the standard production wafers. 
  
 3.3.3 Engineering lot status: Unless MPS requests otherwise, the Engineering lot assumes the hot lot status, defined as 1.8 days per mask
layer. 
  
 3.3.4 Minimum wafer start for engineer
lot: 12 wafers. One split in each lot. If customer ask for more split, the cost is [*] each more split. 
  
 3.4 Pricing of wafers shall be charged to MPS on wafers shipped, fully processed. Pricing does not include probe or backgrind costs.

  
 3.5 MPS will pay ASMC [*] to cover the cost
of the [*] of its [*] and its derivatives to ASMC. The [*] shall be paid after the signing of the contract and rest of the NRE payment is due after the successful [*] of the [*]. 
  
 The NRE will cover all the engineering cost before process ready (PCM in spec, and 1st product has above 70% wafer test yield). MPS will pay for mask cost and the qualification lot cost. 
  
 4. Capacity 
  
 4.1 ASMC Capacity Commitment 
  
 4.1.1 ASMC shall make available a loading commitment subject
to the terms expressed in Section 4.0 PRODUCTION PLANNING in the Foundry Agreement. 
  
 4.1.2 ASMC will advise MPS within 48 hours of request outside the normal monthly forecast whether ASMC can accept an upside to planned
capacity. 
  
 5. Forecasting: 
  
 See section 4.0 of the FOUNDRY AGREEMENT. 
  

 -2- 

 6. Obsolescence 
  
 6.1 MPS shall agree to give ASMC 3 months notification of intent to obsolete the manufacture of the products
to be manufactured in the agreed upon technologies, and will place orders for at least 3 months after notification. 
  
 6.2 ASMC shall agree to give MPS 3 months notification of any intent to obsolete the availability of the technologies, and will accept
orders for at least 3 months after notification. ASMC agrees to accept life time buy orders as by MPS to prevent MPS supply interruption while MPS obtains another supply source. 
  
 7. Terms & Conditions 
  

7.1 If the above assumption sets prove to be invalid, both parties reserve the right to change the terms of the contract as applicable.

  
 7.2 ASMC reserves the right to schedule the
delivery according to Clause 10.2 of the Foundry Agreement. 
  
 7.3 MPS to [*] that meets ASMC’s [*]. ASMC shall provide all [*] at no charge to MPS. 
  
 7.4 MPS assumes full responsibility against any claims on design intellectual property rights. 
  
 8. Effectiveness 
  
 This Price Quotations shall be interpreted and used in conjunction with the
prevailing version of the Foundry Agreement entered into both Parties. 
  
 9. Governing Law 
  
 This Agreement shall be
governed by the laws of The People’s Republic of China. 
  

					
	 Authorizing Signature
	 	 	 	 Authorizing Signature

			
	 Advanced Semiconductor
 Manufacturing Corp of Shanghai
	 	 	 	 Monothic Power Systems, Inc.

			
	 /s/ Sun Zhen
	 	 	 	 /s/ Deming Xiao

	
	 	 	 	

	 Name: Sun Zhen
	 	 	 	 Name: Deming Xiao

	 Designation:
	 	 	 	 Designation:

	 Dated: 8/15/01
	 	 	 	 Dated: 8/15/01

  

 -3- 

 APPENDIX B 
 (Ref : Clause 3.1, 3.2) 
  
 QUALIFICATION OF PROCESS AND PRODUCT AND ELECTRICAL TEST 
 AND ELECTRICAL PARAMETERS 
  
 The agreed Electrical Test and Electrical Parameters for each Product shall
be based on the relevant ASMC process which has been qualified, as evidenced by a Release to Production document issued by ASMC. 
  

 APPENDIX C 
 (Ref : Clauses 3.2, 3.3, 7.1) 
  
 ACCEPTANCE CRITERIA 
  
 The Acceptance Criteria for each
Product shall comprise the following: 
  

	A.	Electrical Test and Electrical based on the relevant ASMC process which has been qualified, as evidenced by a Release to Production document issued by ASMC; and

  

	B.	The Wafer Quality and Reliability Criteria set out in this Appendix C. 

  

	C.	Yield criteria: 

  

	 	C.1:	Average yield: The average yield of a specific type is defined as the average yield achieved on the first 10 lots of wafers after this product is released to production.

  

	 	C.2:	Yield criteria: The lot will be returned to ASMC for fully refund if the yield is less than 50% of the average yield, unless MPS requests otherwise. 

  
 The following ASMC procedures shall apply. All procedures shall be subject to change by ASMC
in accordance with the Change Request Procedure specified in Appendix D. 
  
 WAFER QUALITY AND RELIABILITY CRITERIA 
  

			
	WATER SORT
		
	Document No.	  	Document Title
		
	NA	  	Setting of ASMC wafer yield limits in all ASMC wafer sort subcontractors (includes amendments thereto)

  

			
	OUTGOING QUALITY ASSURANCE
		
	Document No.	  	Document Title
		
	 WOQ900104
 Visual Inspection Photo Book
	  	QA Outgoing Wafer Inspection Procedure (includes amendments thereto)
		
	 OQ002Q
 Procedure Outgoing Inspection
	  	QA Outgoing Wafer Packing Procedure (includes amendments thereto)
		
	 MM008Q
 Procedure for Packing Diffused
Wafer
	  	Secondary Wafer Packing Procedure (includes amendments thereto)

  

			
	RELIABILITY QUALIFICATION AND MONITORING
		
	Document No.	  	Document Title
		
	 OQ015Q
 ASMC Wafer Level Reliability Monitoring
Procedure
	  	Process Reliability Qualification Requirements (includes amendments thereto)
		
	 OQ015Q
 ASMC Wafer Level Reliability Monitoring
Procedure
	  	Process Reliability Monitoring Requirement (includes amendments thereto)

  
 WAIVER
PROCEDURES 
  

			
	Document No.	  	Document Title
		
	 OQ011 Q
 Material Review Board Procedure
	  	Material Review Board Procedure (includes amendments thereto)
		
	 OQ005Q
 Procedure for Concession Request
	  	Waiver Request Procedure (includes amendments thereto)

  

 -2- 

 APPENDIX D 
 (Ref : Clause 3.3) 
  
 CHANGE
REQUEST PROCEDURE 
  
 The following ASMC procedures shall
apply. All procedures shall be subject to change by ASMC in accordance with the Change Request Procedure set out in this Appendix D. 
  

			
	Document No.	  	Document Title
		
	 DCOIOQ
 Process Change Customer Approval
Requirement
	  	Major and Minor Change Definition (includes amendments thereto)
		
	 D0007Q
 TPD Change Procedure
	  	Change Request Execution (includes amendments thereto)

  

 APPENDIX E 
 (Ref: Clause 3.4) 
  
 PROCESS
CHANGE REQUESTS 
  
 The ASMC specifications set out in the
following documents are deemed a part of and are incorporated into this Agreement by reference: 
  

			
	Document No.	  	Document Title
		
	 D0007Q
 TPD Change Procedure
	  	Process Request Form (PRF) Procedure (includes amendments thereto)

  

 APPENDIX F 
 (Ref : Clause 8.1) 
  
 PROCEDURE FOR CUSTOMER RETURNS 
  
 The
following ASMC procedures shall apply. All procedures shall be subject to change by ASMC in accordance with the Change Request Procedure set out in Appendix D. 
  

			
	Document No.	  	Document Title
		
	 OQ016Q
 Procedure for Customer Return
  
 OQ012Q
 Procedure for Customer Complaints (Technical)
	  	Procedure for Customer Returns (includes amendments thereto)

  

 APPENDIX G 
 (Ref : Clause 9.2) 
  
 CANCELLATION FEE 
  
 The Cancellation Fee payable by MPS
upon cancellation of delivery of each Wafer in a purchase order will be calculated as follows: 
  
 CF = [(CS divided by TS) x (P - R)] + R + T 
  

			
	where	  	 
		
	‘CF’	  	means the cancellation fee payable by MPS.
		
	‘CS’	  	means the number of completed manufacturing steps as at the date of cancellation.
		
	‘TS’	  	means the total number of manufacturing steps required to produce the Wafers had there not been any cancellation.
		
	‘P’	  	refers to the purchase price of the Wafer as set out in the applicable Agreed Price Quotation.
		
	‘R’	  	refers to the raw wafer cost incurred by ASMC.
		
	‘T’	  	refers to any applicable sales, use, excise or other similar taxes levied on or otherwise payable in connection with the Cancellation Fee.

  
 ASMC shall not charge MPS for the
cancellation of orders if the wafers of the orders have not been started.

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00068-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00068-of-00352.parquet"}]]