Document:

Amendment No. 2 to Purchase Agreement--Services Phase 2

 Exhibit 10.33 
 AMENDMENT NO. 2 TO 
 PURCHASE AGREEMENT – SERVICES PHASE 2 #
CW1882970 
 BETWEEN 
 INTEL CORPORATION AND IMPINJ, INC. 
 For valuable consideration, the receipt and
sufficiency of which the parties hereby acknowledge Intel Corporation (“Intel”) and Impinj, Inc. (“Impinj”) hereby amend the above referenced Purchase Agreement – Services Phase 2 dated on or about December 23, 2009 #
CW1882970 (the “Agreement”) as set forth hereafter. 
  

	1.	EFFECTIVE/EXPIRATION DATE 

The Effective Date of this amendment (“Amendment”) shall be April 20, 2011. 

The new Expiration Date of the Agreement shall be March 31, 2012. 

 

	2.	DEFINITIONS 

 Unless
provided otherwise in this Amendment, each term appearing in this Amendment shall have the same meaning as given in the Agreement. 
 The term “Service(s)” shall be expanded to include the work to be performed as set forth in Addendum “C”, including any deliverables set forth in Addendum C resulting from such
Services. 
  

	3.	AMENDMENTS 

 By executing
this Amendment, Intel and Impinj are amending the Agreement to: 
 Include Addendum C (Hannegan1 *** and Hannegan2 ***) of the
Agreement which is attached hereto and incorporated herein by this reference. 
  

	4.	LEGAL EFFECT ON AGREEMENT 

As amended by this Amendment, all provisions of the Agreement shall remain in full force and effect. In the event of a conflict between
this Amendment and the Agreement, this Amendment shall take precedence. 
  

									
	INTEL CORPORATION	 		 	IMPINJ, INC.
					
	BY:	 	/s/ Shahrokh Shahidzadeh	 		 	BY:	 	/s/ Kerry Krause
	NAME: Shahrokh Shahidzadeh	 		 	NAME: Kerry Krause
	TITLE: Sr. Principal Technologist	 		 	TITLE: VP Marketing
	DATE: 4/20/11	 		 	DATE: 4/20/11

  
  

***   Indicates that confidential treatment has been sought for this information 

 ADDENDUM C 
 Hannegan1 *** and Hannegan2 *** 
 Statement of Work for
Purchase Agreement – Services: 
  

	1.	Overview 

 This SoW describes work that
Impinj will perform to *** Hannegan1 and *** for Hannegan2. This SoW: 
  

	 	•	 	 States the project goal 

  

	 	•	 	 Defines the roles and responsibilities for the project team members 

 

	 	•	 	 Lists the deliverables and associated fees 

  

	2.	Project Goal 

 This project has two goals:

  

	1.	*** Hannegan1 according to the requirements in Appendix C-1 of this Addendum C, which replaces Appendix A of Addendum A of the Agreement in its entirety.

  

	2.	Develop Hannegan2 ***, including use cases for *** as well as ***. 

  

	3.	Roles and Responsibilities 

 The project
team shall comprise personnel from Intel and Impinj. 
 Intel shall: 

 

	 	•	 	 Assign a project lead to provide project guidance and responses to Impinj’s questions and who has the authority to accept Impinj deliverables

  

	 	•	 	 To the extent Intel deems necessary or desirable, assign engineering resources on a full or part-time basis and provide the name of Intel’s
engineering lead at SOW signing 

  

	 	•	 	 Travel to Impinj facilities as necessary or desirable for engineering meetings and reviewing contract deliverables 

 

	 	•	 	 Be responsible for *** 

Impinj shall: 
  

	 	•	 	 Assign a project lead acceptable to Intel who shall have the authority to execute all deliverable commitments 

 

	 	•	 	 Assign engineering resources on a full or part-time basis and provide the name of Impinj’s engineering lead at SoW signing

  

	 	•	 	 Travel to Intel facilities as necessary for engineering meetings and review of deliverables 

 

	 	•	 	 Use commercially reasonable efforts to demonstrate performance of the Hannegan *** that meets or exceeds the specifications in Appendix C-1 of this
Addendum C 

  
  

***   Indicates that confidential treatment has been sought for this information 

	4.	Definitions: 

 Acceptance Criteria:
Objective acceptance criteria, agreed to in writing by both Intel and Impinj, for deliverables under this SOW. 
  

	5.	Project Scope, Fees, and Acceptance Criteria 

 The project scope shall be for Impinj to *** Hannegan1 and develop *** for Hannegan2. 
 The
project fee shall be $***, payable as set forth in the Project Milestones and Deliverables table below. Intel will also reimburse Impinj for additional project-related costs actually incurred by Impinj and approved in advance by Intel, such as
travel expenses. 
 The “Acceptance Criteria” for each milestone are defined in the Project Milestones and Deliverables table below. A
deliverable will be accepted if it substantially conforms to each of the Acceptance Criteria for that deliverable. Intel will provide notice of acceptance or rejection of each deliverable within 15 days following Intel’s receipt of the
deliverable, and if such notice is not provided within 15 days following receipt the deliverable will be deemed accepted. 
 Impinj will provide
the deliverables under this SoW “as is” and without warranty of any kind, and Impinj disclaims any implied warranties. Each party’s liability under this SoW will be limited to the total amount of fees paid or payable by Intel as set
forth above, and neither party will have any liability for incidental or consequential damages under this SoW. Notwithstanding the foregoing, this Section regarding limitation of liability shall not apply to claims or damages arising from death or
personal injury or tangible property damage, from any breaches of obligations of confidentiality, or payments to third parties under the indemnity with respect to hazardous materials. 

 

	6.	Project Management 

 The project managers
are: 
  

			
	 For Intel:
	  	 For Impinj:

	 Shahrokh Shahidzadeh
	  	Ron Paulsen
	 Intel Corporation
	  	Impinj, Inc.
	 MS RA1 - 331
	  	701 North 34th Street
	 2111 NE 25th Avenue
	  	Suite 300
	 Hillsboro, OR 97124
	  	Seattle, WA 98103
	 Shahrokh.Shahidzadeh@intel.com
	  	@Impinj.com
	 (503) 712-8022
	  	206-834-1100

  
  

***   Indicates that confidential treatment has been sought for this information 

	7.	Project Milestones and Deliverables 

 The
project milestones shall be as defined below. Prior to Impinj’s completion of work, Intel shall review and either accept or request reasonable changes to the deliverables. Impinj shall make reasonable efforts to accommodate Intel’s
requested changes. 
  

											
	 Hannegan 1 ***

	  	  	 Milestone
	  	 Date
	  	 Deliverables
	  	 Acceptance Criteria
	  	
Payment
Upon
Milestone
Completion

	 1
	  	PO from Intel	  	***	  		  		  	$***
						
	 2
	  	*** tapeout of Hannegan1	  	***	  	Tapeout to TSMC	  	TSMC notification of receipt of GDSII tapeout data	  	$***
						
	 3
	  	*** Hannegan1	  	***	  	*** including performance and environmental characterization over process corners	  	*** showing that samples from process corners meet the requirements in Appendix C-1 of this Addendum C	  	
						
	 4
	  	*** Hannegan 1	  	***	  	 ***
 Hannegan1
***
	  	 ***
 *** sample
***
	  	$***
	
	 Hannegan2 Requirements

	  	  	 Milestone
	  	 Date
	  	 Deliverables
	  	 Acceptance Criteria
	  	 Payment
Upon
Completion
of
Milestone

	 1
	  	PO from Intel	  	***	  		  		  	***
						
	 2
	  	Hannegan2 ***	  	***	  	Intel define the Hannegan2 ***	  	None – Intel-provided document	  	
						
	 3
	  	Hannegan2 ***	  	***	  	Impinj define the Hannegan2 ***	  	Hannegan2 ***	  	$***

  
  

***   Indicates that confidential treatment has been sought for this information 

 Appendix C-1 – Hannegan1 Requirements 

 

																													
	 Parameter
	  	Description	 	 	Condition	 	 	Min	 	 	Nom	 	 	Max	 	 	Units	 	 	Comments	 
	 RF Functionality
	 
	 ***
	  	 	*	** 	 	 	*	** 	 				 				 				 				 	 	*	** 
	 ***
	  	 	*	** 	 	 	*	** 	 				 	 	*	** 	 				 				 	 	*	** 
	 ***
	  	 	*	** 	 	 	*	** 	 				 				 				 				 	 	*	** 
	 ***
	  	 	*	** 	 	 	*	** 	 				 				 				 				 	 	*	** 
	
	 RF Performance
	 
	 ***
	  	 	*	** 	 	 	*	** 	 				 	 	*	** 	 				 	 	*	** 	 	 	*	** 
	 ***
	  	 	*	** 	 	 	*	** 	 				 	 	*	** 	 				 	 	*	** 	 			
	 ***
	  	 	*	** 	 	 	*	** 	 				 	 	*	** 	 				 	 	*	** 	 			
	 ***
	  	 	*	** 	 				 				 	 	*	** 	 				 	 	*	** 	 			
	 ***
	  				 				 				 				 				 				 			
	 ***
	  	 	*	** 	 	 	*	** 	 	 	*	** 	 	 	*	** 	 	 	*	** 	 	 	*	** 	 	 	*	** 
	 ***
	  	 	*	** 	 	 	*	** 	 	 	*	** 	 	 	*	** 	 	 	*	** 	 	 	*	** 	 	 	*	** 
	 ***
	  				 				 	 	*	** 	 				 				 				 			
	 ***
	  	 	*	** 	 	 	*	** 	 				 	 	*	** 	 				 	 	*	** 	 	 	*	** 
	 ***
	  	 	*	** 	 	 	*	** 	 				 	 	*	** 	 				 	 	*	** 	 	 	*	** 
	 ***
	  	 	*	** 	 	 	*	** 	 				 	 	*	** 	 				 				 	 	*	** 
	 ***
	  	 	*	** 	 				 	 	*	** 	 				 	 	*	** 	 	 	*	** 	 	 	*	** 
	 ***
	  	 	*	** 	 	 	*	** 	 				 				 	 	*	** 	 	 	*	** 	 	 	*	** 
	 ***
	  	 	*	** 	 	 	*	** 	 	 	*	** 	 				 				 	 	*	** 	 			
	 ***
	  	 	*	** 	 	 	*	** 	 				 				 	 	*	** 	 	 	*	** 	 			
	 ***
	  	 	*	** 	 	 	*	** 	 	 	*	** 	 				 				 	 	*	** 	 			
	 ***
	  	 	*	** 	 	 	*	** 	 				 				 	 	*	** 	 	 	*	** 	 	 	*	** 
	 ***
	  	 	*	** 	 	 	*	** 	 				 				 	 	*	** 	 	 	*	** 	 			
	 ***
	  	 	*	** 	 	 	*	** 	 	 	*	** 	 				 				 	 	*	** 	 			
		  				 	 	*	** 	 	 	*	** 	 				 				 	 	*	** 	 			

  
  

***   Indicates that confidential treatment has been sought for this information 

																													
	 Parameter
	  	Description	 	 	Condition	 	 	Min	 	 	Nom	 	 	Max	 	 	Units	 	 	Comments	 
	 ***
	  	 	*	** 	 	 	*	** 	 	 	*	** 	 				 	 	*	** 	 	 	*	** 	 			
	 ***
	  	 	*	** 	 	 	*	** 	 				 				 	 	*	** 	 	 	*	** 	 			
	 ***
	  	 	*	** 	 				 				 				 	 	*	** 	 	 	*	** 	 	 	*	** 
	 ***
	  	 	*	** 	 	 	*	** 	 				 				 	 	*	** 	 	 	*	** 	 	 	*	** 
	
	 *** to comply with the Intel Specific Field of
Use
	 
	 ***
	  	 	*	** 	 	 	*	** 	 				 	 	*	** 	 				 	 	*	** 	 	 	*	** 
	 ***
	  	 	*	** 	 	 	*	** 	 				 	 	*	** 	 				 	 	*	** 	 	 	*	** 
	 ***
	  	 	*	** 	 	 	*	** 	 				 	 	*	** 	 				 	 	*	** 	 	 	*	** 
	 ***
	  	 	*	** 	 	 	*	** 	 				 	 	*	** 	 				 	 	*	** 	 	 	*	** 
	 ***
	  	 	*	** 	 	 	*	** 	 				 	 	*	** 	 				 	 	*	** 	 	 	*	** 
	 ***
	  				 				 				 	 	*	** 	 				 	 	*	** 	 	 	*	** 
	 ***
	  	 	*	** 	 	 	*	** 	 				 				 	 	*	** 	 	 	*	** 	 	 	*	** 
	
	 DCI
	 
	 ***

***
	  	 	*	** 	 	 	*	** 	 				 	 	*	** 	 	 	*	** 	 	 	*	** 	 	 	*	** 
		  	 	*	** 	 	 	*	** 	 				 				 	 	*	** 	 	 	*	** 	 	 	*	** 
	 ***
	  	 	*	** 	 				 	 	*	** 	 				 	 	*	** 	 	 	*	** 	 	 	*	** 
	
	 Physical
	 
	 ***
	  	 	*	** 	 	 	*	** 	 				 				 				 				 	 	*	** 
	 ***
	  	 	*	** 	 	 	*	** 	 				 	 	*	** 	 				 	 	*	** 	 	 	*	** 
	 ***
	  	 	*	** 	 	 	*	** 	 				 	 	*	** 	 	 	*	** 	 	 	*	** 	 	 	*	** 
	 ***
	  	 	*	** 	 	 	*	** 	 				 	 	*	** 	 				 	 	*	** 	 	 	*	** 
	
	 Environmental
	 
	 ***
	  	 	*	** 	 	 	*	** 	 	 	*	** 	 				 	 	*	** 	 	 	*	** 	 	 	*	** 
	 ***
	  	 	*	** 	 	 	*	** 	 	 	*	** 	 				 				 	 	*	** 	 	 	*	** 
	 ***
	  	 	*	** 	 				 	 	*	** 	 				 	 	*	** 	 	 	*	** 	 			
		  	 	*	** 	 	 	*	** 	 	 	*	** 	 				 	 	*	** 	 	 	*	** 	 			
	 ***
	  	 	*	** 	 				 	 	*	** 	 				 	 	*	** 	 	 	*	** 	 			
	 ***
	  	 	*	** 	 	 	*	** 	 	 	*	** 	 				 	 	*	** 	 	 	*	** 	 	 	*	** 
	 ***
	  	 	*	** 	 	 	*	** 	 				 				 	 	*	** 	 	 	*	** 	 	 	*	** 

  
  

***   Indicates that confidential treatment has been sought for this information 

 Hannegan1 *** 
 *** 

  
  

***   Indicates that confidential treatment has been sought for this informationProfessional Services Agreement, dated March 29, 2006

 Exhibit 10.34 
 Professional Service Agreement 
 (for Use with Manufacturing Services
Only) 
 This Agreement is hereby entered into on this 29 day of March, 2006 (the “Effective Date”) by and between Impinj, Inc.,
of 701 N. 346 Street, Suite 300, Seattle, WA 98103-8645 (hereinafter “Customer”), and Plexus Services Corp., of 55 Jewelers Park Drive, Neenah, WI 54956 (hereinafter “Plexus”). 

 

	 	1.	DEFINITIONS 

  

	 	a.	Affiliates 

 Any
corporation or other entity controlled by, controlling, or under common control with any other corporation or entity. “Control” means the direct or indirect beneficial ownership of at least fifty (50%) percent of the voting stock of,
or at least a fifty (50%) percent interest in the income of, such corporation or entity, or the power to elect at least fifty (50%) percent of the directors or trustees of such corporation, or such other relationship which in fact
constitutes actual control. 
  

	 	b.	Assembly or Assemblies 

Shall mean printed circuit board assemblies and/or systems that Plexus will manufacture for Customer. 

 

	 	c.	Component Value 

 Shall
mean Plexus’ standard cost for a given Component plus mark-up as defined in Plexus’ then effective quote for an applicable Assembly. 
  

	 	d.	Components 

 Shall mean
any and all material used in the manufacture of Customer’s Assemblies. 
  

	 	e.	Customer-Owned Property 

Shall mean any asset in Plexus’ possession including but not limited to Customer-Supplied Components or test equipment that is
provided by Customer at no charge. 
  

	 	f.	Engineering Change (“EC”) 

 Shall mean mechanical, software, electrical, design and/or specification changes which, if made to the Assemblies, would affect the form, fit, function, delivery schedule, performance, reliability,
appearance, dimensions, tolerance, safety or purchase price of such Assemblies or which would require any additional test. 
  

	 	g.	Quarterly Business Review (“QBR”) 

 Shall mean a strategic business meeting between the Customer and Plexus to discuss current business issues and opportunities as further defined in Section 6. 

 

	 	h.	Specifications 

 The
manufacturing specifications for the Assemblies supplied by Customer and agreed to in writing by Plexus along with the test specifications approved in writing by both parties. 

 

	 	i.	Supplier 

 Shall mean any
vendor, including Customer that provides Components or services to Plexus. 

  
 1 

	 	2.	PURPOSE, SCOPE, AND APPLICABLE DOCUMENTS 

 This Agreement sets forth the terms and conditions under which Plexus will manufacture Assemblies for Customer and provide related services. The parties agree that (i) each of Plexus’ and
Customer’s Affiliates shall be entitled to the rights and benefits afforded Plexus and Customer, respectively, hereunder, and (ii) Plexus and Customer shall cause any such Plexus or Customer Affiliate participating in this Agreement to
perform the obligations of Plexus and Customer, respectively, hereunder as if named a party herein. Each party shall be liable for the failure of any of its Affiliates to so perform hereunder. 

This Agreement contains the following Addendums, which are incorporated herein and made part of this Agreement: 

Addendum 1—Forecasting, Ordering, and Inventory Planning 
 Addendum 2—Inventory Mitigation, Reporting, and Liability 
 Addendum
3—Pricing and Payment 
 Addendum 4—Disaster Recovery and Business Continuity Plan 

In the event of any conflict between this Agreement and the Addendums attached hereto, the Addendums shall control. 

 

	 	3.	TERM 

 The term of
this Agreement shall be from the Effective Date through one (1) year thereafter, and shall be automatically extended for successive terms of one (1) year each unless either party terminates this Agreement by giving the other party written
notice of such termination as provided in Section 12 hereto. 
  

	 	4.	QUARTERLY BUSINESS REVIEWS (“OBR”) 

 Plexus and Customer agree to meet quarterly, or as otherwise agreed by both parties, to discuss the state of business and to review business performance issues and improvement initiatives. The items to be
reviewed include, but are not limited to, the following: 
  

	 	a.	Customer and Plexus Business Trends 

 Customer and Plexus agree to review their business initiatives and any significant changes that may affect the relationship of Customer and Plexus. In addition, Customer will present business trends and
performance to Forecast so that Plexus can better serve the current Customer requirements. 
  

	 	b.	Cost Savings Initiatives (Components and Labor) 

 Plexus and Customer agree to review initiatives to reduce cost from the bill of materials and manufacturing process for the Assemblies. 

 

	 	c.	Delivery Performance 

Plexus and Customer agree to measure, review and discuss delivery performance for all Assemblies. Both parties agree to measure actual
delivery dates as compared to Customer requested delivery dates and to Plexus’ expected delivery dates. 
  

	 	d.	Quality Performance 

Plexus and Customer agree to discuss the agreed upon quarterly quality metrics for the program. 

  
 2 

	 	e.	Payment Performance 

Plexus and Customer agree to review any issues that are preventing payment within the agreed upon payment terms. 

 

	 	f.	Assembly Pricing 

 Plexus
and Customer agree to review Assembly pricing. Any Assembly price adjustments required shall be based upon total Assembly order quantities, prevailing Component market prices, supply chain programs, Engineering Change requests or other relevant
data. Quotes are specified at several order quantities (e.g., 100, 500 and 1,000 units). Plexus agrees that it will not request any increase in prices during the quarter due to high demand for or shortage of manufacturing capability. 

 

	 	g.	Manufacturing Facility 

Upon execution of the Agreement, Plexus shall manufacture the Assemblies at its Fremont, California facilities. Upon Customer’s
request, Plexus agrees to provide Customer with a detailed written transition plan (“Plan”) that takes into account, but not limited to, (i) Customer’s Forecast and the quantity of Assembly shipped during the previous six
(6) months and (ii) Plexus’ current and forecast manufacturing capacity plans for each of the low cost countries where Plexus has a manufacturing presence. This Plan will estimate the total cost of manufacturing for the Assemblies and
the fulfillment models agreed to in writing by the Customer and Plexus. All timelines and transition costs will be mutually agreed to in writing by both Plexus and Customer prior to execution of the Plan. Notwithstanding, Customer agrees that if any
change occurs to any of the assumptions outlined in the plan occur, the Plan may need to be modified to reflect the change without any liability to Plexus. 
  

	 	5.	QUALITY STANDARDS AND OTHER REQUIREMENTS 

  

	 	a.	General 

 Plexus agrees
to maintain a quality assurance program compliant with the requirements of ISO 9002: 2000. Plexus agrees that the manufacturing processes employed by Plexus shall comply with “The Restriction of Hazardous Substances in Electrical and Electronic
Equipment (RoHS) Directive” (2002/95/EC) if Customers requests such manufacturing process in Customer’s request for quotation. Plexus will not assess or be responsible for the effect ROHS compliant assembly processes may have on
product reliability or, if Customer requests in writing Assemblies containing “mixed technology” (as defined below), the reliability of Assemblies containing “mixed technology” (e.g. lead bearing components assembled with lead
free alloy or lead free components assembled with lead bearing alloy). The foregoing shall in no way limit or otherwise affect Plexus’s obligations under Sections 5(e) or 9. Plexus shall certify, in writing, the country(ies) of origin for
each Assembly if requested in writing on the Purchase Order. 
  

	 	b.	Workmanship Requirements 

Assemblies manufactured by Plexus will be assembled, inspected, and tested in accordance with the Specifications. Unless otherwise agreed
upon in writing, Plexus shall maintain an Assembly assurance “workmanship” requirement which mandates internal compliance to IPC-A-610 Class 2. Target process in writing and Assembly first pass yields (or PPM’s) in manufacturing shall
be jointly agreed to between 

  
 3 

 
Plexus Quality Engineering and the Customer. These Customer goals will form the basis for Continuous Quality Improvement (“CI”) Activities at Plexus. 

 

	 	c.	Continuous Improvement 

Plexus and Customer agree to hold a CI meeting or conference call as often as necessary to be established with the Customer’s
Quality Team and Plexus CI Team. This CI event will result in documented action items at Plexus that drive improvement efforts that can be reported to management at both organizations. 

 

	 	d.	Chronic Tests Failures (“Production”) 

 Customer Assemblies will be manufactured and tested to the Specifications associated with the current Assembly revision. Assemblies that fail the approved tests three (3) times for the same issue
that is not manufacturing related or that cannot be repaired by Plexus due to a design related issue will be deemed non-repairable Assemblies. The non-repairable Assemblies will be clearly marked as “failed Assemblies.” Both companies
agree to review the status of all “failed Assemblies” within ten (10) business days of identification and to dispose of them by scrapping the Assemblies at Plexus and invoicing the Customer or shipping the Assemblies and invoicing the
Customer. Assembly invoices will be issued at the quoted Assembly price with payment terms as described in Addendum 3 of this Agreement. 
  

	 	e.	Epidemic Failure. 

 For
purposes of this Agreement, “Epidemic Failure” shall mean the occurrence of an identical or substantially similar repetitive Plexus workmanship defect in Assemblies that either fail or are found defective while under warranty, at a rate of
4% or greater in the Assemblies delivered to Customer during any six (6) month period within the warranty period. 
 In
the event of a suspected Epidemic Failure, Customer shall promptly notify Plexus, and shall provide the following information, if known and as may then exist: a description of the defect, and the suspected lot numbers, serial numbers or other
identifiers, and the delivery dates of the defective Assemblies. Customer shall also deliver or make available to Plexus samples of the allegedly defective Assembly for testing and analysis. 

Within five (5) business days of receipt of such samples from Customer, Plexus shall provide its preliminary findings regarding the
cause of suspected failures. Thereafter, Plexus shall promptly provide the results of its root cause corrective analysis, its proposed plan for the identification of and the remedy of the affected Assemblies (as applicable), and such other
information as deemed appropriate by Plexus. The parties shall cooperate and work together to expeditiously devise and implement a mutually-agreed corrective action program which identifies the defective Assemblies (as applicable) for either repair
or replacement at Plexus’ option. 
 In the event of an Epidemic Failure, Plexus shall, at its expense: (a) provide
Customer in with repaired or replaced Assemblies per the terms of the Limited Warranty stated under section 9; (b) reimburse Customer its reasonable freight and transportation costs in shipping to the affected end users the repaired or replaced
Assemblies, and (c) order and purchase Components to build additional Assemblies in quantities sufficient to cover predicated future failures, but not to exceed one (1)

  
 4 

 
month of the then-current quarter’s Demand. These replacement Assemblies will be used by Plexus to expedite warranty service for future failed Assemblies if the root cause analysis indicates
that additional Assemblies are susceptible to failure. If, after three (3) months of the initiation of the corrective action program for a specific instance of Epidemic Failure, there are residual Components or Assemblies in Plexus possession
that have not been used to fulfill the obligations of this section, then Impinj will promptly issue a Purchase Order for the remaining Assemblies or Components for delivery within thirty (30) days. 

 

	 	f.	Disaster Recovery and Business Continuity Plan. 

 Plexus’ disaster recovery and business continuity plan is as set forth in Addendum 4 of this Agreement. Plexus may update such plan from time to time. Plexus agrees to provide Customer of any updated
plan upon the written request of Customer. 
  

	 	g.	Inspection of Manufacturing Facility. 

 Plexus shall permit Customer or Customer’s customer if such customer has or executes an NDA with Plexus (or with Impinj if such NDA protects Plexus’ confidential information to the same extent
as the confidentiality provisions in this Agreement (in which case Impinj will be responsible to Plexus for any breach by such customer of the NDA) to inspect Plexus’ manufacturing facilities. Plexus shall provide Customer with assistance,
documentation and information that Customer may reasonably require to evaluate whether Plexus and the Assemblies conform to the Specifications. Plexus shall provide Customer at least ninety (90) days’ written notice for any manufacturing
facility Plexus plans to use in the performance of work hereunder. Customer may also perform at reasonable intervals quality and process audits of reasonable scope at Plexus’ manufacturing facility, including Plexus’ manufacturing, test,
quality and failure analysis processes and operations. 
  

	 	h.	Compliance with Environmental Laws. 

 Plexus shall comply with all applicable environmental federal, state and local laws, regulations and ordinances, including but not limited to the environmental laws and regulations of the United States
relating to this Agreement and the Assemblies provided hereunder. 
  

	 	i.	Manufacturing Data. 

Plexus shall collect such manufacturing data related to the Assemblies as mutually agreed to by Customer and Plexus (e.g., test results
and manufacturing lot data). Plexus shall provide such mutually agreed to information via a secured Web portal linked to a secure server that links to Plexus’ manufacturing floor. Plexus shall archive and make available such data to Customer
for a period of at least three (3) years from the date of manufacture of the applicable Assembly or until this Agreement is terminated, whichever occurs first. Upon any termination of this Agreement, Plexus will deliver such data to Customer in
a format as reasonably requested by Customer. 
  

	 	j.	Interface to Customer’s ERP System. 

 Plexus’ IT department agrees to meet with the Customer’s IT department and Customer’s ERP vendor to discuss how Plexus can reasonably implement an interface to Customer’s ERP
vendor„ for forecasting, Purchase Orders and shipments. All reasonable costs incurred by Plexus in implementing such interface 

  
 5 

 
will be promptly reimbursed by Customer; provided, that Plexus provides Customer with written notice of such costs and Customer pre-approves in writing such costs. 

 

	 	6.	ENGINEERING CHANGES 

  

	 	a.	Notice of change 

Customer agrees to submit all Engineering Changes (EC) to Plexus in writing. Plexus will attempt to evaluate the feasibility of the EC
requested by the Customer within five (5) business days of receipt (but in any event within ten (10) business days) and respond to Customer in writing with the potential impact of the EC on current on-hand or on-order inventory,
work-in-progress and the delivery schedule. 
  

	 	b.	Notice of EC cost impact 

In addition to the written response provided above, Plexus will attempt to respond to the Customer within ten (10) business days
(but in any event within fifteen (15) business days) with a written evaluation of the EC including: a) the administrative cost to implement the EC, b) the cost to modify tooling or related non-recurring expenses, c) the obsolete quantity of
Components Plexus has on hand and/or on order with its Suppliers related to the EC, d) the cost to rework work-in-process and any ongoing unit price adjustment resulting from the EC, e) the expected effect on the delivery schedule to include the
effect on all in-process work (e.g., re-workable, repairable, etc.), and f) the manner in which the EC will be implemented. If Customer agrees to such costs, Plexus shall implement the EC. 

 

	 	7.	TOOLING AND CUSTOMER-OWNED PROPERTY 

 All tooling produced or obtained by Plexus for the Assemblies delivered hereunder will be paid for by Customer at prices agreed upon by the parties. Tooling shall become and remain the property of
Customer at the time payment in full is received by Plexus. Customer may also consign tooling to Plexus for the manufacture of the Assemblies. 
 All Customer-Owned Property shall be used by Plexus only for the benefit of Customer, and shall be delivered to Customer upon request. Plexus will not cause to occur any lien or encumbrance on any such
Customer-Owned Property in Plexus possession. Plexus will insure any Customer-Owned Property in Plexus’ possession at the replacement value thereof under the terms of Plexus’ then current insurance policies. Upon reasonable notice and
written request, Plexus shall provide Customer with certificate(s) of insurance, which name Customer as loss payee, as proof of all such risk insurance for the Customer-Owned Property at Plexus. Such certificate(s) shall be endorsed to contain a
provision requiring the insurers to endeavor to provide Customer with thirty (30) days’ written notice of any cancellation in such insurance. 
 Plexus may at the request of Customer maintain, repair, calibrate, or upgrade Customer-Owned Property. Customer will pay for any such services on a time and materials basis. Labor charges will be billed
at Plexus’ then current billing rate. Replacement parts for test equipment will be charged at Plexus’ cost plus 25%. Travel expenses pre-approved by Customer will be added to any such services, including travel between Plexus and/or one of
its Affiliates. 
 If Customer requests the return of any Customer-Owned Property from Plexus and the return of such
Customer-Owned Property prevents Plexus from providing Assemblies or warranty service to Customer, then Plexus shall be relieved of such obligations. 

  
 6 

	 	8.	DOCUMENTATION 

Customer is responsible for supplying Plexus with complete documentation required by Plexus to manufacture the Assemblies and updates to
the same. This includes complete and current sets of documentation including, at a minimum, all prints, software, artwork, and bill of materials with manufacturer and part number, and any specifications, including test specializations or procedures
called for on any Customer prints. It is the Customer’s responsibility to assure that Plexus receives timely notification of any changes to the documentation, and updated prints reflecting such changes. 

 

	 	9.	LIMITED WARRANTY 

Plexus warrants that the Assemblies will conform to the Specifications and be free from defects in workmanship performed by Plexus for a
period of thirteen (13) months from the date of shipment. With respect to Components, Plexus will transfer to Customer any transferable Component warranties received from the manufacturer thereof. If Components are returned under
manufacturer’s warranty, Plexus will, on Customer’s behalf and without additional charge, manage the return of any such Components to the manufacturer thereof for repair or replacement. In addition, at no additional charge to Customer,
Plexus shall use commercially reasonable efforts to obtain warranty service of any such Components directly from the manufacturer thereof. 
 Plexus represents and warrants on an ongoing basis that: 
 (a) Customer will
acquire good and marketable title to the Assemblies, and that all Assemblies will be free and clear of all liens, claims, encumbrances and other restrictions (other than claims of intellectual property infringement); and 

(b) all Assemblies will be new and unused and will not contain used or repaired Components unless requested by Customer in writing, in
which case such Assemblies will be clearly labeled as repaired or refurbished. 
 Plexus will, at its option and free of charge,
repair or replace Assemblies not conforming to the warranties in this Section 9 within fifteen (15) business days of receipt if Plexus has the correct Components on hand and provided the defective Assemblies are returned to Plexus bearing
a return materials authorization (RMA) number issued by Plexus within the warranty period, securely packaged, with freight prepaid, and within two (2) weeks of the expiration the warranty period. Plexus’ warranty for replacement or
repaired Assemblies shall be the same as the warranty stated herein provided that the duration of such warranty shall be limited to the duration of the warranty which remained on the original defective Assemblies returned to Plexus as of the date of
Plexus’ receipt of the same or 90-days, whichever is longer. Plexus will make all reasonable efforts to respond to Customer promptly after receiving an RMA number request. Plexus will return any Assemblies repaired or replaced pursuant to this
paragraph to Customer with freight prepaid. 
 This warranty does not apply to: 

 

	 	a)	Design deficiencies 

 Plexus
expressly disclaims any warranty relating to design deficiency. 
  

	 	b)	Malfunctions, defects, or failures resulting from misuse; abuse; accident; neglect; improper installation, operation or maintenance; theft; vandalism; acts of God;
power failures or surges; casualty; or alteration, modification, or repairs by any party other than Plexus or a party authorized in writing by Plexus. 

  

	 	c)	Any defect not made known by Customer to Plexus within a reasonably prompt period after the defect first appears and is known to Customer. 

  
 7 

	 	d)	Components incorporated into the Assemblies except to the extent damaged during manufacture of the Assemblies by Plexus. 

 

	 	e)	Assemblies shipped by Plexus at the direction of Customer that are not tested according to agreed-upon test procedures. 

THE FOREGOING CONSTITUTES CUSTOMER’S SOLE REMEDIES AGAINST PLEXUS FOR BREACH OF WARRANTY CLAIMS FOR WARRANTIES SET FORTH IN THE
FIRST PARAGRAPH OF THIS SECTION 9. EXCEPT AS PROVIDED IN THIS SECTION, PLEXUS MAKES NO WARRANTIES WITH RESPECT TO THE ASSEMBLIES OR ITS SERVICES HEREUNDER, EXPRESS OR IMPLIED, INCLUDING ANY IMPLIED WARRANTIES RESPECTING NONINFRINGEMENT, OR
MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE OR ANY IMPLIED WARRANTIES ARISING FROM A COURSE OF PERFORMANCE, A COURSE OF DEALING, OR TRADE USAGE. PLEXUS MAKES NO WARRANTY WITH RESPECT TO SOFTWARE. ALL SOFTWARE IS PROVIDED “AS IS.”

 Any repair services requested of Plexus by Customer not explicitly covered by the above warranty, including, but not limited
to, upgrade services, will be out-of-warranty services and performed by Plexus at its option and on a time and materials basis. In addition, Assemblies for which Plexus cannot duplicate the failure reported by Customer shall be returned to Customer
and Plexus will invoice Customer, and Customer will pay charges reflecting the time and materials expended by Plexus in evaluating such Assemblies. 
  

	 	10.	REPAIR DEPOT 

 If
Impinj requests and provide written requirements for repair depot services, Plexus agrees to provide a proposal and prices for providing repair depot services in a timely manner. 

 

	 	11.	PROPRIETARY RIGHTS AND CONFIDENTIALITY 

 All intellectual property produced or developed by Customer during the term of this Agreement in connection with the design of the Assemblies shall be owned exclusively by Customer. All intellectual
property produced or developed by Plexus during the term of this Agreement in connection with the manufacture of the Assemblies for Customer shall be owned exclusively by Plexus. The manufacture of the Assemblies by Plexus for Customer hereunder
does not convey to either party any rights or license, express or implied, or by estoppel or otherwise, under any trade secret, patent, trademark, copyright or maskwork of the other party, except as may be necessary for each party to perform under
this Agreement. Each party expressly reserves all rights under trade secrets, patents, trademarks, copyrights or maskworks owned by such party. 
 All disclosures of information shall be treated in accordance with and covered under a separate Non-Disclosure Agreement between the parties dated August 3, 2005. Subject to the provisions of this
Section 11, all information related to the Assembly including, but not limited to release drawings, Specifications, Forecasts, Upsides, Demands, Purchase Orders and the like shall be confidential information of Customer. 

 

	 	12.	INDEMNIFICATION 

Customer agrees to defend at its expense, hold harmless and indemnify Plexus, its officers, shareholders, directors, employees, and
agents, from and against any judgments, liabilities, claims, demands, expenses, or costs (including reasonable attorneys’ fees) arising from any third party claim, action, or allegation to the extent relating to the designs or specifications of
the Assemblies or the infringement by the Assemblies of any third party intellectual property right (except to the extent that 

  
 8 

 
Plexus is required to indemnify Customer for any such claim, action or allegation under the separate Professional Services Agreement between the parties dated 09/22/2005 and except for any
infringement covered by Plexus’ indemnification below). Plexus shall notify Customer promptly upon becoming aware of any claim or action pursuant to which indemnity will be sought, Customer shall assume sole control over any such claim or
action, and Plexus shall provide reasonable assistance to Customer, at Customer’s expense, in the defense of any such claim or action. 
 Plexus agrees to defend at its expense, hold harmless and indemnify Customer, its officers, shareholders, directors, employees, and agents, from and against any judgments, liabilities, claims, demands,
expenses, or costs (including reasonable attorneys’ fees) arising from any third party claim, action, or allegation to the extent related to: (i) any infringement arising out of the manufacturing process of the Assemblies by Plexus (except
to the extent that such infringement necessarily arises from Plexus’s compliance with Customer’s specific written instructions); (ii) bodily injury or death of a person or damage to or destruction of tangible personal property
proximately caused by Plexus’ breach of this Agreement or negligence or the manufacturing process of the Assemblies by Plexus (except to the extent that such injury, death or damage necessarily arises from Plexus’s compliance with
Customer’s specific written instructions) ; or (iii) any failure by Plexus to comply with all laws, rules and regulations applicable to the services provided by Plexus hereunder (including any breach by Plexus of its obligations with
respect to the RoHS Directive as described above). Customer shall notify Plexus promptly upon becoming aware of any claim or action pursuant to which indemnity will be sought, Plexus shall assume sole control over any such claim or action, and
Customer shall provide reasonable assistance to Plexus, at Plexus’ expense, in the defense of any such claim or action. 
  

	 	13.	TERMINATION 

Either party may terminate this Agreement at any time and for any reason upon one hundred eighty (180) days prior written notice to
the other party. In addition, either party may terminate this Agreement in the event that the other party (i) fails to cure a material default under this Agreement within forty-five (45) days after receiving written notice thereof or
(ii) becomes adjudged insolvent, files, or has filed against it a petition in bankruptcy (which, if involuntary, is not dismissed within ninety (90) days of filing), makes an assignment for the benefit of creditors, or admits in writing
that it is unable to pay its debts as they become due. 
 Upon termination of this Agreement, all outstanding Customer Purchase
Orders shall be deemed canceled unless otherwise agreed by the parties in writing. Customer agrees to pay Plexus the Component Value of any Components on hand or on order as of the date of termination that are nonreturnable and Customer shall own
such Components. In addition, Customer and Plexus shall negotiate in good faith a settlement of charges to be paid by Customer for reasonable out-of-pocket expenses incurred by Plexus as a result of the termination of this Agreement unless
Impinj’s reason for termination is due to Plexus’s non-performance, which may include without limitation denial of access to lower cost manufacturing facilities in a timely manner on terms reasonably requested by lmpinj, including, but not
limited to, manufacturing process ramp down costs and packaging and transportation costs and expenses, and the return to Customer of any Customer-owned material(s), tools, equipment and/or any other items. 

 

	 	14.	SURVIVAL 

Sections 1, 5(e) and (i), 7, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, and 26 of this Agreement shall
survive the termination of this Agreement in accordance with their terms. 

  
 9 

	 	15.	LIMITATION OF LIABILITY 

 EXCEPT FOR AMOUNTS PAID OR PAYABLE TO THIRD PARTIES PURSUANT TO INDEMNIFICATION OBLIGATIONS HEREUNDER, BREACHES OF THE CONFIDENTIALITY OBLIGATIONS OR ARISING FROM USE OF INTELLECTUAL PROPERTY OF ONE PARTY
BY THE OTHER PARTY BEYOND THE SCOPE PERMITTED BY THIS AGREEMENT, IN NO EVENT, WHETHER AS A RESULT OF BREACH OF CONTRACT, WARRANTY, TORT (INCLUDING NEGLIGENCE), STRICT LIABILITY, PRODUCT LIABILITY, OR OTHERWISE, SHALL PLEXUS BE LIABLE TO CUSTOMER FOR
ANY LOSS OF PROFITS, LOSS OF USE, OR ANY SPECIAL, INCIDENTAL, CONSEQUENTIAL, OR EXEMPLARY DAMAGES OF ANY KIND, WHETHER OR NOT EITHER PARTY IS ADVISED OF THE POSSIBILITY OF SUCH DAMAGES AND NOTWITHSTANDING THE FAILURE, OR ESSENTIAL PURPOSE, OF ANY
REMEDY. 
  

	 	16.	FORCE MAJEURE 

Except for Customer’s obligation to pay Plexus’ invoices, neither party shall be liable for any delay in or failure of
performance under this Agreement due to any contingency beyond such party’s reasonable control, including, but not limited to, an act of God, war, acts of terrorism, insurrection, fire, riot, strikes or labor unrest, sabotage, an act of public
enemy, flood, storm, accident, Component shortages, or changes in laws or regulations. 
  

	 	17.	ASSIGNMENT 

Neither Plexus nor Customer shall assign this Agreement, or any of its rights or delegate any of its responsibilities under this
Agreement, and any purported attempt to do so will be null and void, unless agreed to by both parties in writing; provided, however, that Plexus and Customer may, without consent, assign this Agreement to any successor organization resulting from a
merger, spin-off, or other reorganization, or any sale of all or substantially all of such party’s assets or stock. This Agreement shall be binding upon and inure to the benefit of the parties hereto and their successors and permitted assigns.

  

	 	18.	ALTERNATE DISPUTE RESOLUTION (“ADR”) 

 Each party shall escalate any disputes arising hereunder to executive management, who will make good faith efforts to resolve the dispute in a timely manner. If attempts to resolve a dispute by each
parties’ executive management fail, then the dispute will be mediated by a mutually acceptable mediator to be chosen by Customer and Plexus within forty-five (45) days after written notice by either party demanding mediation. Such
mediation shall be conducted San Jose, California or another mutually-agreed location. Neither party may unreasonably withhold consent to the selection of a mediator, and Customer and Plexus will share the costs of the mediator equally. Each party
shall pay its own attorneys’ fees. By mutual agreement, however, Customer and Plexus may postpone mediation until each has completed some specified but limited discovery regarding the dispute. The parties may also agree to replace mediation
with some other form of alternate dispute resolution, such as neutral fact finding or a mini-trial. 
 Any dispute which cannot
be resolved between the parties through negotiation, mediation, or other form of ADR within three (3) months of the date of the initial demand for ADR by one of the parties may then be submitted to a court of competent jurisdiction in the State
of California. The use of any ADR procedures will not be construed under the doctrines of laches, waiver, or estoppel to affect adversely the rights of either party. Nothing in this Section will prevent either party from resorting to judicial
proceedings if (i) good faith efforts to resolve the dispute under these procedures have been unsuccessful, or (ii) interim relief from a court is deemed necessary by such party to prevent serious and irreparable injury to that party or to
others. 

  
 10 

	 	19.	APPLICABLE LAW 

The parties hereby agree that this Agreement shall be governed by and will be construed in accordance with the laws of the State of
California, irrespective of the conflicts of law provisions thereof. The sale of Assemblies hereunder shall not be governed by, or subject to, the United Nations Convention on Contracts for the International Sale of Goods. Each party irrevocably
submit to venue and personal exclusive personal jurisdiction in the federal courts in the Northern District of California or state courts in the county of Santa Clara, California or for any dispute arising under this Agreement and each waives all
objections to jurisdiction and venue of such courts. 
  

	 	20.	LANGUAGE 

 The
parties agree that (i) the English language shall be the exclusive and official language of this Agreement, (ii) this Agreement shall be interpreted exclusively in the English language, and (iii) the English language will govern all
future relations of the parties, including, but not limited to, any proceeding, mediation, arbitration, dispute, or claim hereunder. 
  

	 	21.	RELATIONSHIP OF THE PARTIES 

 Neither party is designated or appointed an agent or representative to the other party and no party will have any authority, either expressed or implied, to create or assume any agency or obligation on
behalf of or in the name of the other party. The relationship of Plexus to Customer is that of independent contractor, and neither party will have any responsibility for, or obligations to, the employees of the other. 

 

	 	22.	SEVERABILITY 

 If
any provision of this Agreement is adjudged to be unenforceable in whole or in part, such adjudication shall not affect the validity of the remainder of this Agreement. Each provision of this Agreement is severable from every other provision and
constitutes a separate, distinct and binding covenant. 
  

	 	23.	COOPERATION 

 The
parties cooperated in the preparation and negotiation of this Agreement and this Agreement will not be construed against or in favor of any party by virtue of the identity, interest, or affiliation of its preparer. 

 

	 	24.	NON-WAIVER 

Failure by either party to exercise any right granted in this Agreement shall not be deemed a waiver of such right. A waiver of any right
under this Agreement must be in writing and signed by an authorized representative of the party making such waiver. 
  

	 	25.	ENTIRE AGREEMENT; MODIFICATION 

 This Agreement contains the entire understanding of the parties pertaining to the subject matter hereof, and no other agreements, oral or otherwise, shall be deemed to exist or to bind the parties
pertaining to the subject matter hereof. This agreement may not be modified or terminated orally, and no claimed modification, termination, or waiver shall be binding unless in writing and signed by authorized representatives of both parties, which
writing specifically states an intention to so modify this Agreement. The parties expressly agree that any preprinted terms and conditions on any Plexus or Customer forms or documents or any terms and conditions therein inconsistent with the terms
and conditions of this Agreement shall be void and of no effect in interpreting the obligations of either party during the term of this Agreement. 

  
 11 

	 	26.	COUNTERPARTS; FACSIMILE SIGNATURES 

 This Agreement may be executed in one or more counterparts, each of which shall be deemed an original, but all of which when taken together shall constitute one and the same instrument. The delivery of
signatures to this Agreement by facsimile transmission shall be binding as original signatures. 
 In witness whereof, the parties have executed
this Agreement as of the Effective Date. 
  

							
	IMPINJ, INC.	  	PLEXUS SERVICES CORP.
				
	By:	 	/s/ William T. Colleran	  	By:	 	/s/ Paul Ehlers
				
	Title:	 	President	  	Title:	 	Vice President
				
	Date:	 	3/29/06	  	Date:	 	4/4/06

  
 12 

 Addendum 1 
 Forecasting, Ordering, and Inventory Planning 
  

	 	1.	DEFINITIONS 

  

	 	a.	Customer-Supplied Components 

 Shall mean Components in Plexus’ possession that are provided by Customer at no charge. 
  

	 	b.	Delivery Date 

 Shall
have the meaning set forth in Section 4 below. 
  

	 	c.	Demand 

 Shall mean
quantities of Assemblies required by Customer and communicated to Plexus via Forecast and/or Customer’s Purchase Orders. 
  

	 	d.	Forecast 

 Shall mean a
six (6) month rolling estimate of requirements provided by Customer for each Assembly including the quantities to be manufactured and the requested Delivery Date. 
  

	 	e.	Purchase Order 

 Shall
mean an order by Customer, communicated via EDI, email, facsimile or other means, to purchase Assemblies, Components, or other materials, at a stated quantity, unit price, and delivery date. 

 

	 	f.	Upside 

 Shall means the
percentage of Assemblies ordered by Customer in excess of the applicable Forecast. 
  

	 	2.	FORECASTS AND PURCHASE ORDERS 

  

	 	a.	Forecasts 

 Customer
agrees to provide Plexus an updated Forecast each month for each Assembly manufactured by Plexus. Forecasts will be non-binding on Customer with respect to Assemblies estimated to be required, but Customer will be responsible for Components procured
to support Forecasts as provided in Addendum 2. 
  

	 	b.	Manufacturing Lead Time 

The manufacturing lead time shall not exceed three (3) weeks for Purchase Orders within one hundred twenty percent (120%) of
Forecast. 
  

	 	c.	Purchase Orders 

Customer agrees to issue Purchase Orders at least ninety (90) days in advance of the requested delivery date set forth in
Customer’s Purchase Order. Plexus will respond to Purchase Orders in writing within seven (7) days with either its acceptance or rejection of the Purchase Order. Unless Customer is in material breach of any term in this Agreement or if
Customer is likely to become insolvent based on the information provided by Customer to Plexus as outlined in Addendum 3, Plexus will 

  
 1 

 
accept any Purchase Order that is within the Forecast or any Upside of up to 20%. Any rejection by Plexus of a Purchase Order shall be accompanied with an explanation of the reasons for the
rejection. Plexus will make reasonable efforts to accommodate all Purchase Orders in excess of a 20% Upside. 
  

	 	d.	Component Procurement 

Unless otherwise agreed by the parties, Plexus will procure all Components necessary to fulfill Purchase Orders at lead-times reasonably
consistent with the lead-times of such Components at the time of order. Plexus will also use Forecasts and a 20% Upside to procure longer lead-time Components as reasonably required to meet Customer’s Forecast and 20% Upside. Customer
acknowledges that Plexus may be required by Suppliers to procure Components in minimum or economic order quantities and that such quantities may exceed Customer’s actual Demand. Customer will be liable for any such minimum or economic order
quantities so procured by Plexus; provided, that Plexus provides Customer advance written notice of any such minimum or economic order quantities. 
  

	 	3.	DEMAND CHANGES AND CANCELLATION 

 Demand may not be rescheduled or cancelled within thirty (30) days of the Delivery Date (the “Frozen Period”). Demand with a Delivery Date extending beyond the Frozen Period may be
rescheduled at the request of Customer. Any Demand cancellation or rescheduling will be subject to Customer liability for Components under Addendum 2 hereof. 
 Plexus will make all reasonable efforts to accommodate any increase in Demand by Customer; provided, that Plexus agrees to accommodate any increase in Demand by Customer within the Upside of 20%. Plexus
will notify Customer as soon as practicable of any Components impeding Customers requested increase in Demand. Should any additional costs be required to expedite delivery of Assemblies or Components to meet Customer’s increase in Demand,
Plexus will notify Customer of the same and, if approved by Customer, Customer shall pay Plexus for such additional cost. 
  

	 	4.	DELIVERY 

 The
delivery date for an Assembly will be the delivery date set forth in Customer’s Purchase Order accepted in writing by Plexus (the “Delivery Date”). Assemblies will be shipped by Plexus Ex Works (Incoterms 2000) Plexus’ plant of
manufacture. Assemblies will be deemed delivered upon Plexus’ release of Assemblies to the carrier for shipment. 
  

	 	5.	COMPONENTS SUPPLIED BY CUSTOMER 

 Customer may provide Plexus with Customer-Supplied Components or Components purchased by Plexus from Customer that are required to manufacture Customer’s Assemblies. Customer will be responsible as a
Supplier to Plexus for the quality and on-time delivery of Components supplied to Plexus. Title and risk of loss to Customer-Supplied Components shall at all times remain with Customer. Plexus will not cause to occur any lien or encumbrance on
Customer-Supplied Components and shall insure the same at the replacement value thereof while in its possession under the terms of Plexus’ then current insurance policies with Customer listed as loss payee. Any Customer-Supplied Components
incorporated in the Assemblies will be without warranty by Plexus of any kind. 
 Customer’s inability to provide
defect-free Components in a timely manner may affect Plexus’ ability to meet Delivery Dates. Any additional expenses that Plexus must incur due to delayed shipment resulting from a quality or delivery issue from Customer will be borne by the
Customer. In addition, 

  
 2 

 
Plexus reserves the right to define a new Delivery Date based upon the availability and condition of Components supplied by Customer. 

  
 3 

 Addendum 2 
 Inventory Mitigation, Reporting, and Liability 
  

	 	1.	DEFINITIONS 

  

	 	a.	Excess Components 

 Shall
mean those Components procured by Plexus in accordance with Addendum 1 and that are either projected to be consumed by Plexus in the manufacture of Assemblies in greater than ninety (90) days based on Customer Demand or have remained in Plexus
inventory for greater than ninety (90) days. 
  

	 	b.	Obsolete Components 

Shall mean those Components procured by Plexus in accordance with Addendum 1 and that have been removed from the bill of materials of an
Assembly, or which appear on an Assembly bill of materials that has no Demand. 
  

	 	c.	OX Components 

 Shall
mean Obsolete Components and Excess Components. 
  

	 	d.	OX Report 

 The report
issued by Plexus as described and defined in Section 2.b. below. 
  

	 	2.	COMPONENT INVENTORY REPORTING, LIABILITY AND COVERAGE 

  

	 	a.	Component Supply 

 If
requested by Customer, Plexus agrees to purchase Components under Customer-negotiated agreements with Component Suppliers if such agreements are provided to Plexus in writing. Plexus agrees that the terms and conditions of such agreements are
confidential information of Customer. For the avoidance of doubt, Plexus does not hereby assume any of Customer’s obligations in such agreements. Any assumption by Plexus of such obligations will only be by a subsequent written agreement signed
by an authorized Plexus representative, Customer and the applicable Component Supplier. In addition, should the terms of any such written assumption by Plexus or included in any other agreement established with any Customer directed supplier
preclude Plexus from performing its obligations under this Agreement or be inconsistent with Plexus’ obligations hereunder (after Plexus has made a reasonable attempt to avoid this situation and provided written notice to Customer thereof),
Plexus will be relieved of such obligations and the parties will, at either party’s request, revisit the terms of this Agreement and/or existing pricing and make an equitable modification. 

 

	 	b.	Component Mitigation 

Plexus may have OX Components on hand or on order from time to time as a consequence of Demand cancellation or reschedule, Plexus’
support of increases to Demand by Customer, the failure of Purchase Orders to consume previously Forecasted requirements, the failure of Purchase Orders to consume a 20% Upside, the failure to have adequate or conforming supplies of Customer
consigned, supplied, 

  
 4 

 
or managed Components, end of life requirements, economic or minimum order quantities, or engineering or material change orders. 

Customer is only liable for Component costs as provided in Section 2c. below. Plexus will use all reasonable efforts to minimize
Component liability to Customer caused by Customer Demand changes, cancellations, and other factors. These efforts will include returning Components to, or restocking Components with, Suppliers, canceling orders with Suppliers, or using Components
to meet the current demand of other Plexus customers. Customer agrees to assist Plexus in such efforts if appropriate and requested by Plexus. 
 Customer acknowledges that Plexus’ mitigation efforts, even if successful, may result in cancellation, restocking, and similar charges imposed by Suppliers. Plexus will obtain Customer’s
approval prior to incurring such charges. If so approved by Customer, Customer will pay Plexus for the charges imposed within thirty (30) days from the date of Plexus’ invoice. 

 

	 	c.	Component Inventory Reporting 

 On a monthly basis or upon Customer request, Plexus will provide a written report to Customer detailing the level of OX Components at Plexus (the “OX Report”). Customer will respond to Plexus in
writing within ten (10) business days of receipt of the OX Report with any good faith disagreement to it, detailing with reasonable particularity the nature of any such disagreement. Should Customer disagree with the OX Report, Customer and
Plexus will work in good faith to promptly resolve the disagreement, escalating such disagreement to executive management at the request of either party. Any undisputed portion of the OX Report will proceed to resolution as provided in
Section 2d. below. 
  

	 	d.	OX Component Liability Resolution 

 Subject to having performed the mitigation and reporting on OX Components as provided above, Customer shall: 
  

	 	(i)	remit payment to Plexus for Obsolete Components at the Component Value thereof within thirty (30) days of Customer’s receipt of the OX Report; and

  

	 	(ii)	with respect to Excess Components, at its option and within thirty (30) days of Customer’s receipt of the OX Report, either (i) remit payment to Plexus
for the Excess Components at the Component Value thereof, or (ii) provide Plexus with a Purchase Order for Assemblies that will consume the Excess Components within thirty (30) days, or (iii) pay Plexus one percent (1%) per month
carrying cost for one month, two percent (2%) per month carrying cost for months two (2) and three (3), and three percent (3%) per month carrying cost for months four (4) through six (6). In the event Plexus has held onto Excess
Components greater than six (6) months under this option, Customer will remit payment to Plexus for the Excess Components at the Component Value thereof. 

 Upon Customer’s payment for Obsolete Components or Excess Components, Plexus will, at Customer’s election, either ship these Components to Customer Ex Works (Incoterms 2000) Plexus’
facility or scrap the Components. If Plexus retains and 

  
 5 

 
stores Excess Components paid for by Customer, Plexus will protect and insure these Components in accordance with Section 5 of Addendum I hereof. 

 

	 	3.	Finished Goods Inventory. 

  

	 	a.	Inventory. 

 Plexus
agrees to maintain a finished goods inventory of Assemblies. Impinj agrees to work with Plexus to minimize the finished goods inventory while meeting Impinj’s business needs. Plexus shall invoice Customer when the finished goods are completed,
whereupon title and risk of loss will pass to Customer. Notwithstanding, Plexus shall be responsible to insure such inventory at the full replacement value thereof. Such insurance will name Customer as the loss payee and certificates evidencing this
coverage will be provided to Customer upon request. Unless otherwise requested by Impinj and agreed to by Plexus, at the end of each Plexus fiscal quarter, in the event Plexus has on hand finished goods inventory more than the then-current average
monthly Purchase Order Demand for such fiscal quarter, Plexus shall be entitled to ship such Assemblies to Customer at the end of such fiscal quarter. In addition, any Assemblies that have been maintained by Plexus over one fiscal quarter may be
reworked by Plexus with the prior written approval of Customer and at Customer’s expense. Otherwise, such Assemblies will be shipped from Plexus prior to the end of Plexus’ next fiscal quarter. 

 

	 	b.	Cost. 

 All costs
associated with the inventory management of the Assemblies in the finished goods inventory, including insurance costs, which will be included as part of Plexus’s quarterly price quotes set forth in Section 4(f) of the Agreement. Plexus
shall list all such costs as part of its quarterly Assembly pricing quotes. 
  

	 	c.	Review. 

 The parties
agree to review the quantity of Assemblies in the finished good inventory on a quarterly basis. 

  
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 Addendum 3 
 Pricing and Payment 
  

	 	a	Unless otherwise agreed by Plexus in writing, prices quoted are Ex Works (Incoterms 2000) Plexus’ manufacturing facility. Any additional or different requirements
imposed by Customer following Plexus’ price quotation may require price adjustments. Any manufacturer’s tax, retailer’s occupation tax, use tax, sales tax, excise tax, or tax of any nature whatsoever imposed on or measured by the
transaction between Plexus and Customer shall be paid by Customer in addition to the prices quoted or invoiced (excluding any taxes based on Plexus’ net income or its franchise taxes). In the event Plexus is required to pay such taxes, Customer
shall reimburse Plexus for the same, within thirty (30) days of written demand by Plexus to Customer for such reimbursement. If the transaction between Plexus and Customer is exempt from all such taxes, Customer shall provide Plexus with a tax
exemption certificate or other document acceptable to all taxing authorities at the time the order or contract is submitted. The prices quoted do not include, unless specifically stated otherwise, the cost for testing and/or submittals for Assembly
approvals or any annual file maintenance fee, such as for UL, VDE, CSA or FCC. Plexus will assist Customer in obtaining such approvals and charge for such services at Plexus’ current hourly billing rate. 

 

	 	b	Pricing will be reviewed at QBRs conducted by the parties. In the event new pricing is agreed to at a QBR (or at any other time by mutual agreement), such new pricing
will be implemented on shipments by Plexus beginning on the day following such agreement. On the day new pricing is implemented, Plexus will also write-down or write-up, as applicable, existing raw materials, work-in-process and finished goods
inventory held by it to reflect the new agreed to pricing and invoice or credit Customer for the same, as applicable. Customer will pay such invoices as provided below. 

 

	 	c	Unless otherwise stated herein, all payments hereunder by Customer to Plexus shall be made in US Dollars within thirty (30) calendar days following the receipt of
the invoice without set-off of any kind. Customer shall report any believed discrepancies in Plexus’ invoices no later than ten (10) business days after the date of invoice. Invoices not paid within thirty (30) days of the date
thereof will be subject to an interest charge equal to the lesser of 1.5% per month or the highest rate allowed by law. Payment shall be deemed made when Customer’s check is received by Plexus or electronic fund transfer is completed.

  

	 	d	 Customer acknowledges that the above payment terms, and any other credit terms, limits, or vehicles granted by Plexus to Customer during the course of
the performance of this Agreement, will be subject to periodic review and modification by Plexus at any time upon reasonable notice at its reasonable discretion. In addition, Customer acknowledges that Plexus may reasonably request, and Customer
shall provide to Plexus promptly upon any such request, financial information to verify the financial condition of Customer, including, but not limited to, current balance sheets, cash flow statements and statements of income. Plexus will maintain
any such 

  
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information provided by Customer to Plexus confidential in accordance with the terms of the non-disclosure agreement in place between the parties at the time of disclosure.

  
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 Addendum 4 
 Disaster Recovery and Business Continuity Plan 
  

	I.	OBJECTIVE: 

 Plexus Corp.’s
corporate objective is to prevent or minimize the effect of any event that would deny Plexus its ability to achieve its business objectives and execute its strategies successfully. The ultimate aim is to protect our employees, our customers, and our
shareholders by providing ongoing loss prevention measures. As a leading contract manufacturer and engineering service provider, we will do everything in our power to ensure the safety of our employees, while restoring production, to minimize the
impact on our customers. 
  

	II.	ASSUMPTIONS: 

 We assume five key areas
that may cause an interruption in business. They include: (1) loss of manufacturing facility; (2) loss or interruption of information systems; (3) loss or interruption of key suppliers for equipment and components; (4) loss or
interruption of work force; (5) and loss due to government regulations. It assumes that the disaster occurs during high volume production. Our plan assumes one or more of our other facilities is accessible, reciprocals are able to be
implemented, at least 50% of our employees can get to work, our back-up suppliers and arrangements are operable, and communication lines are available. 
  

	III.	INTEGRATED EMERGENCY CONTINGENCY PLAN: 

The nature of this plan is to provide immediate protection to employees and facility infrastructure, therefore limiting the damage caused by the
disaster. The plan contains various pre-disaster planning elements (fire protection systems, chemical storage, spill control, emergency generators, etc.) Additionally, hazards specific to each site have been analyzed and addressed (earthquakes,
severe weather, terrorism, adjacent site chemical storage / transportation, transportation interruption, community emergency, etc.). 
  

	IV.	BUSINESS CONTINUITY PLAN: 

 This plan
deals with continuing the business operations following a disaster. The objective of this plan is to assure uninterrupted service to our customers. Some of the areas addressed are: media response, customer management, the transferring of work to
other locations, computer resources, communication resources, replacement materials, etc. 
  

	V.	BUSINESS RECOVERY PLAN: 

 This plan deals
with the elements of bringing the business back to pre-disaster status. It addresses restoration of facilities, communication systems, computer systems, human resources, customer relations, regulatory interactions, insurance, etc. 

 

	VI.	SUMMARY OF MAJOR ELEMENTS: 

 Our overall
objective of the three plans is to bring individual customer production back on-line as soon as possible, while addressing the cost/benefit to our customers and the Company. Listed in the following sections is a summary of the major elements.
Execution of the plans will be coordinated and communicated through designed methods and locations determined at the time of the disaster. 

Production Issues 
 This element
concentrates on actions to be taken in the event that we experience an interruption in business. 

  
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 The first action will be to assure that the safety of our employees is protected. The next step will be an
overall assessment of the affected building operations. Owners assigned to the major areas of concern (building, materials, equipment, tooling, documentation, and computer systems) will assess their function. 

The Business Restoration Team, together with the owners of the various areas of concern, the Senior Management Steering Committee and others as deemed
necessary, will meet to agree upon a short-term course of action and timeline. This may include using the subject facility in whole or in part, relocating the operation to another facility, or moving the work to other Plexus facilities. From this,
customer and public communication can be made through the proper channels. Customer teams in the affected building(s) will work with the owners in the various areas to understand and more completely define the potential impact of the event to their
deliveries, and develop recovery schedules for the customers. 
 Plexus has similar equipment in several of its manufacturing facilitates. This
allows for the immediate transfer of product to other facilities as capacity allows. In addition, Plexus has a strong relationship with the suppliers of major equipment and materials, which extends the resources available in time of need beyond
Plexus alone. The Manufacturing Technology group will coordinate recovery activities along with the Maintenance and Manufacturing Engineering personnel of the facility affected. 
 Plexus Procurement and Materials management team is positioned to react to loss of raw and work in process materials in the event of a disaster. Suppliers are key to our ability to produce product since
Plexus does not manufacture components internally. The procurement and materials team has an “assessment of damage” plan that immediately reviews the status of component materials, suppliers impacted and the Plexus staffing which
buys/deploys material. This assessment of damage plan assures that the supply of component materials will continue with minimal delays. This plan will tactically follow the manufacturing disaster plan, especially in the event of a change in
manufacturing facilities. 
 Public, Investor and Employee Relations 
 The primary objectives of this element are timely communication to the public at-large including the investment community and the employees on the status of the Company. The Chief Financial Officer will
work with the Site Management and Senior Management to address this issue. 
 Customer Relations 

The overall objective of this element is the timely distribution of complete and accurate information to customers. With other team members, the VP of
Customer Management will assess the impact of the disaster and develop a situation-specific recovery plan outline, including a target timeline for communicating the Company’s recovery plan. Communication to all customers will be in writing (via
email where possible) describing the disaster, its likely impact on their production and projects, the timetable for getting back to them with a full response, and a primary contact for the interim. 

Once the full impact of the disaster is known and the recovery production and/or project schedule is established, follow up communications will be made
with the customers to advise them of the status of their program(s). 
 Environmental, Health & Safety 

The Environmental, Health & Safety Department has the responsibility for directing the compliance activities for the entire corporation. To
fulfill this responsibility they have developed environmental / health / safety policies, proactive written programs, employee training plans, and internal / external audits. This proactive programming reduces the chance of a disaster and provides
for timely remediation in the event of an emergency. The Corporate Facilities Manager will provide for all communications / permits to regulatory agencies under the direction of the Senior V.P. & Chief Legal Officer. 

  
 10 

 Facilities, Utilities and Communication 
 The Facilities Management Department has the responsibility to restore or replace the facilities, utilities and/or communications that have been affected. Our unaffected locations will be available for
use depending on the nature of the disaster. Electricity will most likely be the utility needing restoration. Depending on the length and area of the outage, everything from backup generators to priority restoration of the primary service feeders
for our facilities would be utilized. We have sufficient electrical generation capacity to provide for our communications and data processing needs. Communication backup sources are in place. These plans include alternate routing of incoming
circuits, cell phones, and service provider reroute circuits from a different central office. 
 Information Systems 

Plexus employs multiple levels of redundancy in the design and implementation of critical IT systems (i.e. disk mirroring, standby servers, redundant
network paths for critical Plexus locations). 
 Plexus Corp has thoroughly planned for prompt restoration of their Information Systems in the
event of an unplanned failure of core ERP (enterprise resource planning) systems. Plexus has contracted with a disaster recovery provider to ensure availability of equivalent systems and facilities, while restoration efforts of the failed systems
are underway. 
 Additionally, periodic backups are made of critical data which are then removed and stored in a physically separate location,
housed by a third party provider specializing in media storage. This enables multiple opportunities to recover end-user data stored on our network with minimal down time and impact to our customers. 

Insurance Coverage 
 Insurance programs
are negotiated and renewed on an annual basis, typically coinciding with the fiscal year. Coverage is provided based on exposure risk analysis and experience ratings. The policies included in the program coverage are as follows:
property/boiler & machinery, business interruption, general liability, ocean cargo, electronic errors & omissions, automobile, non-owned aviation, aviation products liability, exporters liability, workers compensation, lead
umbrella & excess, fiduciary liability, crime, earthquake & flood, and special risks. 

  
 11

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