Document:

Services Agreement

 Exhibit 10.35 
 SERVICES AGREEMENT 
 This SERVICES AGREEMENT (this “Agreement”) is made and
effective January 1, 2007 (the “Effective Date”) by and between Masimo Laboratories, a Delaware corporation (“Labs”), and Masimo Corporation, a Delaware corporation (“Corp”) (each a
“Party,” and collectively the “Parties”). 
 RECITALS 
 WHEREAS, Corp is in the business of, among other things, developing and distributing products in connection with the non-invasive measurement and
monitoring of vital signs; 
 WHEREAS, Labs was formed for the purpose of, among other things, developing non-invasive non-vital signs
technologies; and 
 WHEREAS, Corp and Labs are parties to that certain Amended and Restated Cross-Licensing Agreement dated as of
approximately the date of this Agreement (the “Cross License Agreement”); and 
 WHEREAS, the Parties desire to enter into this
Agreement, pursuant to which Corp shall provide to Labs certain management support services, such as purchasing, accounting, tax, human resources (“HR”), legal and other services. 
 NOW, THEREFORE, in consideration of the mutual covenants and agreements set forth herein, and for other good and valuable consideration, the receipt and
sufficiency of which are hereby acknowledged, the Parties agree as follows: 
 ARTICLE 1 
 DEFINITIONS 
 Section 1.1 Unless
otherwise defined herein, all terms shall have the same meaning as defined in the Cross License Agreement. 
 ARTICLE 2 
 SCOPE OF SERVICES 
 Section 2.1
Engagement. Subject to the terms and conditions of this Agreement, Labs may from time to time engage Corp to perform certain professional and management support services (the “Services”) on Labs’ behalf. In engaging Corp
to perform particular Services, the Parties may enter into one or more written statements of work (each a “Statement of Work”) pursuant to which such Services shall be performed. Upon execution thereof by authorized representatives
of Labs and Corp, each Statement of Work shall be deemed incorporated herein in its entirety. Any Services commenced during the Term (as defined in Section 7.1) of this Agreement or performed pursuant to a Statement of Work entered into by the
Parties during the Term of this 

 
Agreement shall be governed by the terms and conditions of this Agreement, subject to any modifications of such terms and conditions pursuant to a Statement
of Work for such Services. Labs hereby engages Corp to perform the Services described in the initial Statement of Work attached as Exhibit A. Unless otherwise specified in a Statement of Work, any project work under a Statement of Work will be
billed at the completion of the work, or taken as a deduction from amounts due to Labs from Corp. It is contemplated that Services on the initial Statement of Work will be paid or deducted from amounts due on a quarterly basis; provided, however,
that the Parties may agree to modify this arrangement pursuant to request by either Party and as determined after good faith discussions 
 Section 2.2 Project Requirements. The Parties shall cooperate in good faith to establish each Statement of Work, which shall describe the Services to be performed under such Statement of Work, and the detailed requirements of such
Services. 
 Section 2.3 Conflict. In the event that the provisions of a Statement of Work conflict with the provisions of this
Agreement, the provision of the Statement of Work shall govern solely to the extent of any such conflict, and solely with respect to the particular Services being performed under such Statement of Work. Notwithstanding the foregoing, in the event
any Statement of Work conflicts with the provisions of the Cross License Agreement, the provisions of the Cross License Agreement shall prevail. 
 Section 2.4 Modifications to Statements of Work. Labs may at any time make reasonable changes to the scope and requirements of the Services, or request Corp to perform additional Services. Labs shall promptly communicate such changes
to Corp, and Corp shall, as soon as practicable thereafter, provide Labs with a revised Statement of Work reflecting the changes and related costs of the changes as requested by Labs, and a schedule for completion of such Services. 
 ARTICLE 3 
 PERSONNEL 
 Section 3.1 Project Managers. Upon request, each Party shall designate a manager for the Services to be performed under each Statement of Work
(each a “Project Manager”). Each Project Manager shall be deemed to have authority to issue, execute, grant or provide any approvals, requests, notices or other communications required hereunder or requested by the other Party in
connection with the Services under such Statement of Work. The requirements under this Section are not necessary while Labs and Corp share the same CEO. 
 Section 3.2 Work Policy. Personnel of Corp working on Labs’ premises shall (i) comply with Labs’ safety, security and other regulations and policies applicable to its outside contractors, and
(ii) be advised by Corp of the confidentiality obligations hereunder. Personnel of Corp, when deemed appropriate by Labs, shall be issued visitor identification cards. Corp and its Personnel, upon demand by Labs, shall surrender each such card
to Labs. Unless otherwise agreed by the Parties, Personnel of Corp shall observe the working hours, working rules, and holiday schedules of Labs while working on Labs’ premises. The obligations of this paragraph apply similarly to Labs
employees. 
  

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 Section 3.3 Independent Contractor. Corp shall be acting as an independent contractor in
performing the Services and shall not be considered or deemed an agent, employee, joint venturer, or partner of Labs. Neither Party has, or shall represent that it has, any power, right or authority to bind the other Party to any obligation or
liability, or to assume or create any obligation or liability on behalf of the other Party. 
 ARTICLE 4 
 PAYMENT AND OTHER TERMS 
 Section 4.1
Basis for Payment. Corp’s fees for performing Services (“Service Fees”) shall be either on a “time-and-materials” basis, a “cost-plus” basis or on a “fixed-fee” basis, or on a combination
thereof, as specified in the Statement of Work applicable to such Services, provided, however, that the total of all Service Fees and Expenses (as defined in Section 4.2) invoiced to Labs under a Statement of Work shall not exceed any
cap set forth in such Statement of Work. If unspecified, Corp’s fees for performing Services shall be on a “cost-plus” basis. 
 Section 4.2 Expenses. To the extent a Statement of Work does not specifically specify otherwise, Corp shall be reimbursed by Labs for reasonable out-of-pocket expenses incurred by Corp in the performance of Services
(“Expenses”). 
 Section 4.3 Service Fees and Invoices. Corp shall invoice Labs quarterly for Service Fees and
Expenses (i) as incurred, for “cost-plus” and “time-and-materials” Services, or (ii) pursuant to the milestone and/or payment schedule set forth in the Statement of Work for “fixed-fee” Services. Labs shall
pay all amounts due on each invoice within thirty (30) days of receipt thereof. 
 Section 4.4 Disputes Regarding Invoices. In
the event that Labs in good faith disputes an invoice submitted by Corp, Labs may withhold payment of any amount subject to the dispute, and if Corp owes Labs at the time, Corp may deduct the same from amounts due to Labs; provided,
however, that (i) Labs shall continue to pay all undisputed amounts in accordance with the terms hereof, and (ii) Corp shall continue to perform its obligations hereunder. In the event of a dispute regarding the amount of any
invoice, the Parties shall utilize the same dispute resolution terms as set forth in the Cross License Agreement, which provides for binding arbitration. No failure by Labs to identify contested charges prior to payment thereof shall limit or waive
any of Labs’ rights or remedies with respect to such charges. Unpaid fees that are in good-faith dispute shall not be considered a basis for default hereunder 
 Section 4.5 Taxes. Each Party shall be responsible for payment of its own taxes arising out of its activities in connection with this Agreement, including federal and state taxes, social security taxes,
unemployment insurance taxes and any other taxes or business license fees that may be required. 
 Section 4.6 Audits. As Corp’s
services to Labs will include accounting and the creation of financial statements, Labs shall have the right to conduct an audit of the relevant books of Labs as prepared by Corp through an independent third-party accounting firm at any time up to

  

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three (3) months after termination of this Agreement. Corp shall provide reasonable assistance to Labs in connection with any such audit. If any such
audit reveals that Corp has over-billed Labs, Corp shall promptly refund to Labs such over-billed amount plus interest at a rate of five percent (5%) per annum. If any such audit reveals that Corp has under-billed Labs, Labs shall promptly
refund to Corp such under-billed amounts plus interest at a rate of five percent (5%) per annum. 
 Section 4.7 Insurance. Corp
shall provide insurance coverage, as requested by Labs in any Statement of Work. Corp shall not be responsible for any damages or losses incurred by Labs to the extent such insurance does not fully cover any such damages or losses incurred by Labs.

 Section 4.8 Limitation of Liability. EXCEPT WITH RESPECT TO INSTANCES OF WILLFUL MISCONDUCT, NEITHER PARTY HERETO SHALL HAVE
ANY LIABILITY FOR ANY INDIRECT, INCIDENTAL, EXEMPLARY, SPECIAL OR CONSEQUENTIAL DAMAGES, EVEN IF ADVISED OF THE POSSIBILITY OF SUCH DAMAGES. IN NO EVENT SHALL THE LIABILITY OF CORP UNDER THIS AGREEMENT FOR ANY CLAIMS, INDIVIDUALLY OR IN THE
AGGREGATE, EXCEED THE AMOUNT OF SERVICE FEES RECEIVED BY CORP IN THE SIX (6) MONTH PERIOD PRECEDING THE ACCRUAL OF SUCH CLAIM. CORP MAKES NO REPRESENTATIONS OR WARRANTIES REGARDING THE QUALITY OR RESULTS OF THE SERVICES PROVIDED UNDER THIS
AGREEMENT 
 ARTICLE 5 
 CONFIDENTIALITY 
 Section 5.1 Confidentiality. The confidentiality provisions of the Cross License, and the
exceptions thereto, shall apply to the Services provided under this Agreement. 
 ARTICLE 6 
 REPRESENTATIONS AND WARRANTIES 
 6.1.
Mutual Representations. Each Party hereby represents and warrants to the other Party as follows: 
 (a) Due
Authorization. Such Party is duly organized and in good standing as of the Effective Date, and the execution, delivery and performance of this Agreement by such Party have been duly authorized by all necessary action on the part of such Party.

 (b) Due Execution. This Agreement has been duly executed and delivered by such Party and, with due authorization,
execution and delivery by the other Party, constitutes a legal, valid and binding obligation of such Party, enforceable against such Party in accordance with its terms. 
  

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 ARTICLE 7 
 TERM AND TERMINATION 
 Section 7.1 Term. This Agreement shall commence as of the Effective
Date and continue in effect until terminated in accordance with the provisions hereof (the “Term”). 
 Section 7.2
At-Will Termination. Labs may terminate this Agreement at any time on thirty (30) days prior written notice to Corp. Corp may terminate this Agreement at any time on one hundred eighty (180) days prior written notice to Labs. Any such
written notice shall specify the effective date of termination of the Agreement. Labs may terminate any Statement of Work at any time on thirty (30) days written notice to Corp. 
 Section 7.3 Breach. Either Party may terminate this Agreement and all Statements of Work at any time in the event that the other Party is in
default or breach of any material provision of this Agreement, and such default or breach continues unremedied for a period of thirty (30) days after written notice thereof. Either Party may terminate any Statement of Work at any time in the
event that the other Party is in default or breach of any material provision of such Statement of Work, and such default or breach continues unremedied for a period of thirty (30) days after written notice thereof. 
 Section 7.4 Survival. The duties and obligations of the Parties under Sections 4 and 5 of this Agreement shall survive termination of this
Agreement. 
 ARTICLE 8 
 MISCELLANEOUS 
 Section 8.1 Notices. All notices, requests, claims, demands and other communications regarding this
Agreement shall be in writing and shall be given or made (and shall be deemed to have been duly given or made upon receipt) by delivery in person, by overnight courier service (with signature required), by facsimile, or by registered or certified
mail (postage prepaid, return receipt requested) to the CEO of each respective Parties. 
 Section 8.2 Entire Agreement. This
Agreement and related Statements of Work constitute the entire agreement between the Parties with respect to the subject matter hereof, and no oral or written statement that is not expressly set forth in this Agreement or the Statements of Work may
be used to interpret or vary the meaning of the terms and conditions hereof. This Agreement supersedes any prior or contemporaneous agreements and understandings, whether written or oral, between the Parties with respect to the subject matter
hereof. If this Agreement is inconsistent with the terms of the Cross License Agreement, the terms of the Cross License Agreement shall apply. 
 Section 8.3 Headings. The descriptive headings contained in this Agreement are for convenience of reference only and shall not affect in any way the meaning or interpretation of the Agreement. 
 Section 8.4 Assignment. Neither Party may assign or otherwise transfer this Agreement or any Statement of Work without the prior written consent
of the other Party. Assignment of this Agreement by either Party shall not relieve the assignor of its obligations 

  

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hereunder. This Agreement shall be binding upon and inure to the benefit of the Parties and their respective successors and permitted assigns. 
 Section 8.5 No Third-Party Beneficiaries. Nothing in this Agreement, either express or implied, is intended to or shall confer upon any third
party any legal or equitable right, benefit or remedy of any nature whatsoever under or by reason of this Agreement. 
 Section 8.6
Amendment. This Agreement may not be amended or modified except by an instrument in writing signed by authorized representatives of Labs and Corp. 
 Section 8.7 Governing Law. This Agreement shall be governed by, and construed in accordance with, the laws of California. 
 Section 8.8 Counterparts. This Agreement may be executed in one or more counterparts, and by the respective Parties in separate counterparts, each of which when executed shall be deemed to be an original but
all of which taken together shall constitute one and the same Agreement. 
 Section 8.9 No Waiver. The failure of either Party to
enforce at any time for any period the provisions of or any rights deriving from this Agreement shall not be construed to be a waiver of such provisions or rights or the right of such Party thereafter to enforce such provisions. 
 IN WITNESS WHEREOF, the Parties have caused this Agreement to be executed as of the date first written above by their respective duly authorized
officers. 
  

							
	Masimo Laboratories	    	Masimo Corporation
				
	By	 	 /s/    JOE E. KIANI
	    	By	 	 /s/    BRAD LANGDALE

	Name:	 	Joe E. Kiani	    	Name:	 	Brad Langdale
	Title:	 	Chief Executive Officer	    	Title:	 	Executive Vice President, Chief Marketing Officer

  

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 EXHIBIT A 
 STATEMENT OF WORK 
 1. Direct Charges – In general, Labs will be charged for any third party, out of pocket expense incurred by Corp on behalf
of Labs. Examples of such expenses include: 
  

	 	•	 	 Direct Payroll and related payroll expenses for Corp employees dedicated to Labs, or for Labs employees for which Corp treats as Corp employees.

  

	 	•	 	 Outside Consulting Fees for Labs. 

  

	 	•	 	 Engineering Supplies directly related to Labs. 

  

	 	•	 	 Legal/Patent fees directly related to Labs. 

  

	 	•	 	 Tax fees directly related to Labs. 

  

	 	•	 	 Accounting fees directly related to Labs. 

  

	 	•	 	 Travel and Entertainment expenses directly related to Labs. 

  

	 	•	 	 Office Supplies directly related to Labs. 

  

	 	•	 	 Capital equipment purchases specified for Labs. 

  

	 	•	 	 Stock Options (FAS123R) expenses related directly to employees dedicated to Labs incurred by Corp. 

  

	 	•	 	 Insurance expenses for business and employees. 

  

	 	•	 	 Costs to file tax returns, and amounts for taxes paid. 

  

	 	•	 	 Third party audit costs. 

  

	 	•	 	 Stock option charges and costs, if any. 

 These
direct charges will be consolidated by Corp on a quarterly basis and will provide the support to the quarterly billing from Corp to Labs. 
 2. Indirect
Charges – Miscellaneous support and infrastructure charges based on services provided by Corp employees (i.e., not costs incurred by third parties) to Labs, including without limitation: 
  

	 	•	 	 Engineering support activities 

  

	 	•	 	 Human resources 

  

	 	•	 	 Accounting and Tax 

  

	 	•	 	 Legal 

  

	 	•	 	 MIS 

  

	 	•	 	 Facility 

  

	 	•	 	 Depreciation allocation for Corp assets used by Labs 

 Note: The Engineering, HR, Accounting and Tax, Legal and MIS support activities reflect what is considered to be “normal,” routine support. 
 Based on an analysis performed in January 2007, the allocation cost for these indirect charges will be based on 50% of the direct payroll expenses for Corp employees dedicated to Labs, and the Labs employees treated as Corp employees for
support. 
  

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 These indirect charges will be consolidated by Corp on a quarterly basis and will provide the support for the quarterly
billing from Corp to Labs. 
  

 8ADSP-2136X Sharc ROM Agreement, dated 07/19/2004, with Analog Devices Inc.

 Exhibit 10.36 
 ADSP-2136X SHARC ROM AGREEMENT 
 Once signed by both parties listed below, this document will serve as a
mutually binding agreement between the customer, Masimo of Irvine, CA 92618, and Analog Devices Inc. (ADI), of Norwood, MA 02062. Under this agreement, both parties must execute fully to the terms of this document. 
 Term of Agreement: 
  

	1)	Customer agrees to purchase a minimum of 20,000 ROM integrated circuits, from ADI within the 24 month period, commencing with the signing of this agreement. ADI has the right to
ship / invoice customer if all material is not taken by the end of this period. 

  

	2)	All purchase orders must refer to a custom ROM device number than has been assigned by ADI, to the customer’s custom ROM product. Device # assigned is AD90801

  

	3)	Customers initial order must be for minimum of 1,300 units at the agreed price. Customer is not required to take delivery of all 1,300 units on initial delivery. Customer’s
initial order may exceed this minimum, though lead-time on requirements greater than 1,300 units must be confirmed by ADI and may be longer than 12 weeks. 

  

	4)	All purchase orders received for custom ROM products are Non-Cancelable / Non-Refundable. 

  

	5)	Product will conform to datasheet specifications for AD90801 Custom ROM Product. 

  

	6)	Customer is responsible to follow Code Configuration guidelines as set forth in ADI “ROM Policy for ADSP-2136X Processors” document. Payment for all devices produced after
customer issues written approval of checksum result are the responsibility of the customer. 

  

	7)	Customer bears full responsibility for the functionality of the customer supplied ROM contents and functional performance of that software in the end application.

  

	8)	ADI is responsible for all manufacturing costs associated with misprocessing of the customer specific ROM Mask and will bear the cost of correcting the problem. ADI can not be held
liable for any other costs associated with misprocessing of materials. 

 along w/the Notes 
  

	9)	ADI Standard Terms and Conditions of Sale apply /to this agreement. 

  

			
	Agreed on behalf of:	 	 
		
	Company Name: Masimo Corporation	 	Analog Devices
		
	Responsible Party: /s/ Stephen Daly	 	Stephen Daly
		
	Title: EVP, OPS	 	BDM
		
	Date: 7/19/04	 	7/20/04

 * SPECIFIC ROM DEVICE NUMBER: AD90801 
 * NRE PART #:
                                       
                 NRE-SHARCEX4-ROM 
  

	*	Please return signed document to your ADI Sales Representative. 

  

			
	Custom ROM Device number	 	AD90801
		
	Grade	 	Commercial, OC to +70C (Ambient)
	Package (Select one)	 	136-ball mBGA(12xl2mm)or 144-Ld LQFP(20x2Omm)
		
	Packaging materials	 	Pb-Bearing or Pb-Free
	(Select one)	 	

 Scope: 
 This document
will provide information relevant to Analog Devices ROM Policy for SHARC ADSP-2136X Processor. 
  

	I.	ADSP-2136X ROM Agreement: 

  

	 	a.	The customer should complete Analog Devices ADSP-2136X ROM Agreement and return the signed agreement to their ADI sales representative. This signed agreement will initiate the ROM
procedures within ADI. 

  

	 	b.	ADI will return a signed copy of the agreement to the customer for the customer’s records. 

  

	II.	Unique Product Model Number: 

  

	 	a.	ADI will assign a unique model number to the customer’s ROM product. This unique model number will serve to differentiate specific customer’s ROM product from others.
customer must refer to the model number provided by ADI on all purchase orders and documentation. 

  

	III.	Configuring ROM Contents: 

  

	 	a.	The customer’s ROM code must begin at the first user ROM location. Program addresses must correspond to the following ROM memory addresses: 

  

	 	•	 	 0x8_0000 through 0x8_AAAA for Block 0 

  

	 	•	 	 0xA_0000 through 0xA_AA9A for Block l 

  

	 	b.	Remaining addresses (OxA_AA9B through OxA_AAAA) are reserved by ADI and must not contain customer code. 

  

	 	c.	The customer must insert 0x0000_0000_0000 in the ADI reserved memory addresses OxA_AA9B through OxA_AAAA. 

  

	IV.	Customer’s Verification of ROM Software: 

  

	 	a.	Software to be included in the ROM device must be verified by the customer before it is submitted to ADI. Software must be created and debugged using the latest version of
ADI’s Visual DSP++ software tools that can be found at: http://www.analog.com/processors/resources/crosscore/visualDspDevSoftware.html. 

  

	V.	Submitting ROM Contents: 

  

	 	a.	ROM software must be submitted to ADI in ASCII file format. There should be 1 file for each block e.g., block0.txt for Block0 code and block1.txt for Blockl code.

 Both files must have one and only one opcode (12 hex digits) in a line. This means 43690
lines for each file. 
  

	 	b.	There must not be any empty lines in the files. 

  

	 	c.	ROM Contents should be transferred to ADI using ADI’s protected FTP site. FTP site address and password will be supplied to customer after the ROM Agreement has been signed by
both the customer and ADI’s designated ADSP-2136X ROM program manager. 

  

	VI.	ADI Verification of Customer Supplied ROM Contents: 

  

	 	a.	ADI will verify only the presence of customer supplied ROM code and that the supplied ROM code is not using ROM addresses reserved by ADI for device test purposes.

  

	 	b.	ADI does not verify functionality of customers ROM Code. 

  

	 	c.	ADI takes no responsibility for functionality of customer supplied ROM Code and thus, can not be held accountable for any functional deficiencies in the code supplied.

  

	 	d.	ADI and the customer may rely on a checksum to verify the integrity of the file transfer. ADI will return generated checksum results to customer. 

  

	 	e.	Customer must verify accuracy of ADI results against their own. If checksum results are acceptable, customer must notify ADI of their acceptance, in writing.

  

	 	f.	This acceptance constitutes a contractual obligation on behalf of the customer and at this time, ADI will commence with manufacturing of the customer specific ROM Mask.

  

	 	g.	NRE paid to Analog Devices Inc. will not be refunded after the verification approval is sent to ADI. 

  

	VII.	Delivery and Lead-times for ROM Devices: 

  

	 	a.	Initial devices will be available for delivery approximately 12 weeks after the ROM Mask is made. 

  

	 	b.	Some fluctuation of this timeframe is possible, as capacity of the silicon fabrication site, assembly and test sites can influence lead-times. 

  

	 	c.	ADI will strive to deliver the initial units in this 12 week period. 

  

	 	d.	Lead-time on additional/subsequent materials should be 16 weeks. 

  

	 	e.	Lead-times are subject to change based on fab, assembly, test site conditions. 

 ANALOG DEVICES 
 TERMS AND CONDITIONS OF SALE 
  

	1.	PRICES 

  

	 	A.	All prices are subject to adjustment on account of specifications, quantities, shipment arrangements or other terms and conditions which are not a part of the original price
quotation. 

  

	 	B.	Prices are exclusive of all federal, state, municipal or other government excise, sales, use, occupational or like taxes, tariffs, customs, duties and importing fees. Prices are
consequently subject to increase by the amount of any such tax, tariff, duty or fee which Analog Devices pays or is required to pay or collect upon sale or delivery of the products. Any certificate of exemption or similar document or proceeding
required to exempt the sale of products from sales or use tax liability shall be obtained by Buyer, at its expense. 

  

	2.	TERMS OF PAYMENT 

 Terms are cash upon delivery, except
where satisfactory open account credit is established, in which case terms of payment are net thirty (30) days from the date of invoice. Analog Devices reserves the right at any time to revoke any credit extended to the Buyer for any risk
deemed good and sufficient by Analog Devices. Analog Devices will issue invoices on delivery in the case of all products; and if deliveries are authorized in installments, each shipment shall be invoiced and paid when due without regard to other
scheduled deliveries. Overdue payments shall be subject to finance charges computed at a periodic rate (to the extent permitted by law) of 1.5% per month (18% per year). Amounts owed by the Buyer with respect to which there is no dispute shall
be paid without set-off for any amounts which the Buyer may claim are owed by Analog Devices and regardless of any other controversies which may exist. 
  

	3.	DELIVERY 

  

	 	A.	All products will be shipped FOB Point of Origin or as otherwise designated by Analog Devices in a notice to Buyer. 

  

	 	B.	Ownership of, and risk of loss with respect to, the products shall pass to Buyer upon delivery thereof by Analog Devices to Buyer or to a carrier for shipment to Buyer, whichever is
earlier, regardless of whether Analog Devices will install or supervise the installment of the products. Buyer does hereby grant to Analog Devices a security interest in the products as security for the performance by Buyer of all its obligations
hereunder. 

  

	 	C.	Products held or stored by Analog Devices for the Buyer shall be at the sole risk of Buyer, and Buyer shall be liable for the expense to Analog Devices of holding or storing
products at Buyer’s request. 

	 	D.	Analog Devices reserves the right to make shipments when product is available and shall invoice shipments as made. 

  

	 	E.	All products will be scheduled for shipment in accordance with Analog Devices’ minimum order policy and applicable shipment sequence. Analog Devices will confirm in writing,
and amend as appropriate, the shipment schedule. Under no circumstances shall Analog Devices be liable to Buyer for any delay either in shipment or in delivery. 

  

	4.	SOURCE INSPECTION 

 Source inspection by Buyer or
Buyer’s customer must be stipulated in writing, at the time of ordering, and is subject to reasonable charges and safety and security conditions. Buyer shall have no right of access to Analog Devices’ plant except as specifically
authorized in advance by Analog Devices. Buyer or Buyer’s agent shall indemnify and hold Analog Devices harmless from any and all suits, damages, and expenses of Buyer, his agent or his customer resulting from personal injury including death or
loss or damage of property occurring during, or in connection with, any visit to Analog Devices’ plant. 
  

	5.	SHIPMENT 

 Unless specific instructions to the contrary are
supplied by the Buyer, Analog Devices will select the carrier and ship the products to the Buyer’s address indicated on Buyer’s purchase order. Analog Devices will not assume any liability in connection with the shipment nor constitute any
carrier as its agent. Buyer shall be responsible for making all claims with carriers, insurers, warehousers and others for non-delivery, loss, damage or delay. All claims for damages to the product or shortages must be made within thirty
(30) days of shipment. 
  

	6.	OFFER/ACCEPTANCE 

 Analog Devices offers to sell and
deliver the products and services specified herein in accordance with the terms and conditions hereof. THIS OFFER EXPRESSLY LIMITS ACCEPTANCE TO THE TERMS HEREOF AND ANY ADDITIONAL OR DIFFERENT TERMS PROPOSED BY THE BUYER ARE HEREBY OBJECTED TO AND
REJECTED UNLESS EXPRESSLY ASSENTED TO IN WRITING BY ANALOG DEVICES. 
  

	7.	CANCELLATION, RESCHEDULING, RETURNS, AND MODIFICATIONS 

 Any request for order cancellation, rescheduling, return, or modification must be made in writing and such action must be approved in writing by an authorized agent of Analog Devices at its principal office in Massachusetts. Analog Devices,
at its option, may accept or reject any request by Buyer to return product for credit. Buyer shall not return any products for any reason without the prior authorization of Analog Devices and issuance of a Material Return Authorization (MRA) number.

	8.	WARRANTY 

 Analog Devices warrants that each product will
be free of defects in materials and workmanship, and conform to specifications set forth in published data sheets (or in its published user manuals for its system products), for a period of one (1) year. The warranty commences on the date the
product is shipped by Analog Devices. Analog Devices’ sole liability and responsibility under this warranty is to repair or replace any product which is returned to it by Buyer and which Analog Devices determines does not conform to the
warranty. 
 Product returned to Analog Devices for warranty service will be shipped to Analog Devices at Buyer’s expense and will be
returned to Buyer at Analog Devices’ expense. In no event shall Analog Devices be responsible under its warranty for any defect which is caused by negligence, misuse or mistreatment of a product or for any unit which has been altered or
modified in any way. The warranty of replacement products shall terminate with the warranty of the product. 
  

	9.	WARRANTY DISCLAIMER 

 ANALOG DEVICES’ EXPRESS WARRANTY
TO BUYER CONSTITUTES ANALOG DEVICES’ SOLE LIABILITY AND THE BUYER’S SOLE REMEDY WITH RESPECT TO THE PRODUCTS AND IS IN LIEU OF ALL OTHER WARRANTIES, LIABILITIES AND REMEDIES. EXCEPT AS THUS PROVIDED, ANALOG DEVICES DISCLAIMS ALL
WARRANTIES, EXPRESS OR IMPLIED, INCLUDING ANY WARRANTY OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE OR NONINFRINGEMENT. 
  

	10.	INTELLECTUAL PROPERTY RIGHTS INDEMNITY 

 Analog Devices
agrees to indemnify and defend Buyer against any claim that a product, as delivered, infringes a United States Patent, United States copyright, United States trademark or other United States intellectual property right, provided Analog Devices is
promptly advised of any such claim or action and has sole control of the defense of any such action and all negotiations for its settlement or compromise. If at any time use of the product is enjoined or is discontinued because of a settlement,
Analog Devices shall have the right, but not the obligation, at its sole option and expense, to either procure for Buyer the right to continue using the product, replace or modify the product so that it becomes non-infringing or grant Buyer a credit
for the product as depreciated, and accept its return. Analog Devices shall not have any liability to Buyer if the infringement or other violation of a third party right is based in any way upon (i) the use of a product in combination with
other components, equipment or software not furnished by Analog Devices, provided that Analog Devices shall have no liability related to third party software; (ii) use of a product in practicing any process; (iii) any product which has
been modified or altered; (iv) the manner in which the product is used even if Analog Devices has been advised of such use; or (v) Analog Devices’ compliance with the Buyer’s designs, specifications or instructions. Analog
Devices shall also not have any liability to Buyer if the infringement or other violation of a third party right results from a product 

 complying with an industry standard or communication protocol. In no event shall Analog Devices’
total liability to Buyer under this section exceed the aggregate sum paid to Analog Devices by Buyer for the products hereunder. 
  

	11.	INDEMNIFICATION 

 Unless otherwise expressly provided in a
writing signed by both parties, Analog Devices does not indemnify, nor does it hold Buyer harmless, against any liabilities, losses, damages and expenses (including attorney’s fees) relating to any claims whatsoever, including without
limitation, claims for personal injuries, death or property damage relating to the products sold hereunder. 
  

	12.	ASSIGNMENT 

 This Contract is not assignable by Buyer and
any attempt to assign any rights, duties or obligations arising hereunder shall be void. 
  

	13.	FORCE MAJEURE 

 Analog Devices shall not be liable for any
loss or damage resulting from any delay in delivery or failure to give notice of delay when such delay is due to any cause or event beyond Analog Devices’ control, including, without limitation, acts of nature, unavailability of supplies or
sources of energy, riots, wars, fires, strikes, labor difficulties, delays in transportation, delays in delivery or defaults by Analog Devices’ vendors, or acts or omissions of the Buyer. In the event of delay due to any such cause, time for
delivery shall be extended for a period of time equal to the duration of such delay and the Buyer shall not be entitled to refuse delivery or otherwise be relieved of any obligations as a result of the delay. If, as a result of any such cause, any
scheduled delivery is delayed for a period in excess of one-hundred-twenty (120) days, Analog Devices or Buyer shall have the right by written notice to the other to cancel the order for the products subject to the delayed delivery without
further liability of any kind. 
  

	14.	LIMITATIONS OF LIABILITY 

 IN NO EVENT SHALL ANALOG DEVICES
BE LIABLE FOR SPECIAL, INCIDENTAL OR CONSEQUENTIAL DAMAGES DUE TO ANY CAUSE WHATSOEVER. NO SUIT OR ACTION SHALL BE BROUGHT AGAINST ANALOG DEVICES MORE THAN ONE YEAR AFTER THE RELATED CAUSE OF ACTION HAS ACCRUED. IN NO EVENT SHALL THE ACCRUED TOTAL
LIABILITY OF ANALOG DEVICES FROM ANY LAWSUIT, CLAIM, WARRANTY OR INDEMNITY EXCEED THE AGGREGATE SUM PAID TO ANALOG BY BUYER UNDER THE ORDER THAT GIVES RISE TO SUCH LAWSUIT, CLAIM, WARRANTY OR INDEMNITY. 
  

	15.	GOVERNING LAW 

 This Contract is made in, governed by and
shall be construed in accordance with the laws of the Commonwealth of Massachusetts without resort to the Commonwealth’s conflict 

 of laws statutes. If the products purchased hereunder are purchased by a Buyer residing in a country
other than the United States, then the parties agree that the United Nations Convention on Contracts for the International Sale of Goods is hereby excluded in its entirety from this Contract. 
  

	16.	EXPORT 

 Buyer certifies that it will not export or
re-export the products furnished hereunder unless it complies fully with all laws and regulations of the United States relating to such export or re-export, including but not limited to applicable U. S. Export Administration rules and regulations.

  

	17.	ENTIRE AGREEMENT AND AMENDMENTS 

 The terms and conditions
herein, constitute the entire Contract between the parties and supersede all previous communications, whether oral or written. Any change to this Contract may be made only upon mutual agreement of the parties in writing. 
  

	18.	FEDERAL CONTRACT TERMS 

 In any contract entered into with
the federal government, or in any contract entered into with any other party which is a subcontract or at any tier of one entered into with the federal government: 
 (a) only those clauses of the federal acquisition regulations which the regulations themselves mandate for a party in Analog Devices’ position, given all relevant limitations including Analog Devices’ status
as a customer or a subcontractor and the size and type of contract, apply; and 
 (b) Analog Devices retains proprietary rights in all
technical data and computer software provided under such contract. Only limited rights or restricted rights are provided to the federal government under the narrowest provision of those rights that the regulations allow, and no rights (including
rights of audit of Seller’s cost or pricing data) are provided to any other party, including the prime contractor or any higher tier subcontractor. 
  

	19.	USE IN LIFE SUPPORT APPLICATIONS 

 Products sold by Analog
Devices are not designed for use in life support and/or safety equipment where malfunction of the product can reasonably be expected to result in personal injury or death. Buyer uses or sells such products for use in life support and/or safety
applications at Buyer’s own risk and agrees to defend, indemnify and hold harmless Analog Devices from any and all damages, claims, suits or expense resulting from such use.

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