Ambiq Micro, Inc.
Standard Terms and Conditions of Sale
(last updated 17 February 2026)
1. BINDING, EXCLUSIVE AGREEMENT.
These standard terms and conditions of sale (“Agreement”) apply to any sale or transfer of Product(s) by Seller to Buyer. Buyer accepts and agrees to be bound by this Agreement by: a) ordering based on a Seller’s price quote or b) accepting or paying for Products. Seller objects to and rejects any additional or different terms or conditions in any form tendered by Buyer, including expressly rejecting any provisions that dictate that Buyer’s terms control or any additional or different provisions in a Buyer’s electronic business portal. Seller’s failure to object to any provision or terms from Buyer will not be a waiver or amendment of any of the provisions of this Agreement. These terms shall supersede any terms and conditions contained on any sales order acknowledgment, or other writing Buyer may give or receive, and the rights of the parties shall be governed exclusively by the terms and conditions hereof.
2. DEFINITIONS.
a) Buyer – the buying entity named on the Order Document as well as any affiliates of Buyer
b) Buyer’s Customer- a third-party bona fide purchaser from Buyer of Products as well as any third-party affiliates of purchaser.
c) Claim – any and all claims, demands, causes of action, damages, injuries or liabilities, whether arising, at law or in equity, including those with respect to or arising under breach of contract, tort, negligence, delay in or failure of delivery, nonperformance, infringement, misappropriation, product or strict liability.
d) Government – any governmental entity, authority, agency, official, or department at the national, state, county or local level.
e) Intellectual Property or IP – all intellectual property, including without limitation patents, patent applications, copyrights, mask works, designs, utility models, moral rights, licenses, confidential or proprietary information, trade secrets, trade indicia (including trademarks, trade names, logos, product name s and slogans), and all legal rights to inventions, know-how, methods, processes, Software, protocols, schematics, specifications, web sites, works of authorship, and databases.
f) Order Lead Time – a date at least twenty-two (22) weeks before the Scheduled Shipment Date.
g) Order – an order from Buyer for the purchase of Products that has been accepted by Seller in accordance with Section 3.
h) Order Documents – this Agreement, and any and all of the following, if applicable: a) Seller’s (i) written price quote to Buyer, (ii) written acceptance of an order from Buyer , (iii) invoice for Products sold to Buyer, or b) a written sales agreement signed by Seller and Buyer for the purchase by and sale to Buyer of Products.
i) Product – a Standard Product or a Special Product, excluding any Software.
j) Scheduled Shipment Date – the date that Seller estimates as the Shipping date for Products at Seller’s Plant with respect to a certain Order.
k) Seller – the Ambiq Micro entity on the applicable Order Document.
l) Seller’s Plant – the location specified by Seller where Products are held for delivery.
m) Specifications – Seller’s electrical and physical specifications for a Product in the applicable Seller’s data sheet. Seller may modify the Specifications over time. Specifications do not include any advertisements or marketing or sales materials.
n) Software – all programs, algorithms, source, object, machine readable or executable code, and all operating, processing, or other instructions, for computers, devices or Products, provided, stored, used or delivered in any medium and all related documentation.
o) Special Product – a product as sold by Seller to Buyer that (i) is not a Standard Product, (ii) is a custom product or a modification of a Standard Product done at the request of or especially for Buyer, (iii) has been programmed, marked or labeled according to Buyer’s specifications, (iv) is an unpackaged Product sold in die or wafer form, (v) is classified as other than a commercial production unit (e.g. evaluation boards, design verification units, samples, preproduction units, developmental units, or units provided pursuant to a waiver), or (v) has been packaged with other components or integrated circuit devices not produced by Seller.
p) Standard Product – a product as sold by Seller to Buyer that (i) has not been modified especially for Buyer, (ii) is available to the general public for purchase from Seller, and (iii) has been packaged and tested before delivery.
3. ORDER PLACEMENT.
All Orders and requested changes to Orders are subject to acceptance by Seller, which acceptance will be (i) through Seller ’s written order acceptance sent to Buyer, (ii) by delivery, or (iii) through electronic acceptance by Seller by mutually agreed upon methods. No acceptance other than actual delivery shall be valid for orders placed with less than Order Lead Time. Seller reserves the right in its sole discretion to reject any order given by Buyer regardless of whether Seller gave Buyer a price quote. Seller reserves the right to ship orders up to 10 (ten) calendar days prior to Scheduled Shipment Date. The minimum Order amount will be in Seller’s suggested tray or tape and reel quantities for each separate Product ordered. As to each Order, Seller may deliver 5% more or less (+/-5%) than the quantity ordered, and such quantity will be accepted in compliance with and in full satisfaction of the Order, and Buyer will pay for the actual quantity Delivered. Orders placed with Customer delivery dates less than twenty-two (22) weeks from the date of the order are subject to expedite fees.
4. TITLE AND DELIVERY.
Delivery of Products will be EX-WORKS (EXW) Seller’s Plant (INCOTERMS 2020) Buyer’s designated carrier. Delivery dates are approximate and Seller will not be responsible for any claimed damages resulting from late deliveries. Buyer’s sole remedy for Seller’s delay in delivery or failure to deliver for any reason whatsoever is to cancel the order, and Seller will refund to Buyer any portion of the purchase price prepaid by Buyer for the product. IN NO EVENT WILL SELLER BE LIABLE FOR INCREASED MANUFACTURING COSTS, DOWNTIME COSTS, DAMAGES RELATING TO BUYER’S PROCUREMENT OF SUBSTITUTE PRODUCT (i.e., “COST OF COVER”), LOSS OF PROFITS, REVENUES, OR GOODWILL, OR ANY INDIRECT, INCIDENTAL, SPECIAL, OR CONSEQUENTIAL DAMAGES. Within thirty (30) days of receipt, Buyer must report in writing any shortages or discrepancies with the Order. Any returns require prior authorization of Seller and compliance with Seller’s then-current procedures.
5. CANCELLATION/RESCHEDULING.
Buyer may only cancel or change an Order for Standard Products, in whole or in part, with Seller’s prior written consent. If Products are ordered under non-cancelable, non-returnable (“NCNR”) terms, as specified in the Order Documents, then no Orders may be canceled by Buyer for any reason, no delivery dates may be rescheduled, and non-defective Products may not be returned for any reason. Seller has the right to cancel an Order at any time if Buyer becomes insolvent or if voluntary or involuntary proceedings are commenced as to Buyer under any bankruptcy or insolvency law, or upon default or breach by Buyer of the Agreement or applicable law.
6. PAYMENT TERMS.
Seller may provide quotes to Buyer. Unless otherwise noted, quotes expire 30 days from the date of issuance. In the case of unforeseen increases in Seller’s costs, Seller may require renegotiation of pricing for Products not yet Delivered by giving notice to Buyer of such price renegotiation and Seller’s proposed new pricing. All invoices are due and payable in full by Buyer in U.S. Dollars. Unless otherwise stated, payment is due 30 days after the date of invoice. Interest will accrue on all past due amounts at the lesser of 1.5% per month or the maximum rate allowable by applicable law. Buyer will pay for all Products Delivered. Buyer shall not offset, withhold, or reduce payment(s) due by it to Seller. For Products Delivered in installments, Buyer will pay separately for each installment. Seller may, without incurring any Seller liability, suspend or cease any delivery and/or cancel any Orders if Buyer is in breach of this Agreement or an Order, or if Seller determines, in its sole judgment, that there is a risk that Buyer will not fulfill its obligations. Seller may require that Buyer make full or partial payment in advance, provide certain security or satisfy other conditions. Termination or suspension of performance under this Section shall not affect Seller’s right to pursue any other available remedies. Seller may enforce its rights under this Section without prior notice or demand and without proceeding under Section 17.
7. TAXES.
All taxes, tariffs, assessments, fees, and charges applied by any Government to the Products or their sale, delivery, shipment or use (collectively, “Taxes”) will be added to the purchase price of the Products and will be paid by Buyer, except to the extent that Buyer provides Seller with an acceptable tax exemption certificate. If Buyer is required by law to withhold any amount of tax from its payment to Seller, Buyer shall promptly pay such amount to the appropriate tax authority and take all reasonable steps to minimize such withholding tax.
8. SPECIAL PRODUCTS.
All drawings, designs or specifications for Special Products must be mutually agreed upon in a written document signed by both parties and will be made a part of the Order Documents as a condition to any obligation of Seller. Orders for Special Products are non-cancellable, non-returnable. If Buyer cancels, reschedules or rejects any delivery of Special Products, in whole or in part, Buyer will pay the full purchase price for the quantity of Special Products stated in the Order.
9. CONFIDENTIALITY.
Buyer acknowledges that by reason of its relationship to Seller hereunder it will have access to certain information and materials concerning business, plans, customers, technology, and products of Seller and its affiliates that are confidential and of substantial value to Seller, which value would be impaired if such information were disclosed to third parties. If any Confidential Disclosure Agreements have been executed, such Agreements are incorporated herein by reference. “Confidential Information” is defined as any information, technical data, or know-how, including, but not limited to, that which relates to software, developments, inventions, processes, designs, the engineering, or hardware configuration information. Confidential Information includes Confidential Information of a third party which is in possession of Seller and is disclosed to Buyer in confidence hereunder. Buyer agrees that it will not use in any way for its own account or the account of any third party, nor disclose to any third party, any Confidential Information revealed to it by Seller or its affiliates. Buyer will take every reasonable precaution to protect the confidentiality of such information, including written confirmation of this provision by each of Buyer’s employees and agents. In the event of termination of this Agreement, there will be no use or disclosure by Buyer of any Confidential Information of Seller or its affiliates. Unless otherwise indicated in writing by Seller, the obligation to protect the Confidential Information will survive for seven (7) years following the date on which such information is disclosed.
10. INTELLECTUAL PROPERTY RIGHTS & INDEMNIFICATION.
a) Subject to Sections 12 and 13, Seller will defend or settle valid Claims by third parties that the Products as delivered directly infringe any third party’s U.S. , U.K., or European Union country’s copyrights, trademarks or integrated circuit patents, excluding claims directed to manufacturing equipment, processes, and software or foundry services. For those Claims defended by Seller as provided herein, and subject to Sections 12 and 13, Seller will reimburse Buyer for the portion of the settlement or the judgment finally awarded by a court of competent jurisdiction which is directly attributable to Seller’s infringement as described above. If Buyer is enjoined from using the Products, the Seller will use commercially reasonable efforts, at its sole option and expense, to (i) procure for Buyer the right to use the Products free from liability for infringement; (ii) replace the Products with a non-infringing substitute that otherwise complies with the Specification; or (iii) refund the purchase price of the unusable infringing Products.
b) Seller’s duties to defend and reimburse are each conditioned upon Buyer providing Seller: (i) prompt written notification of the Claim; (ii) all information and assistance reasonably helpful in defending the Claim; and (iii) the sole and full authority to defend or settle the Claim and any related proceedings.
Seller will not be obligated to defend or be liable for any costs or damages where: (i) the infringement arises out of techno logy, IP, or requirements provided by Buyer or Buyer’s Customers or a combination or modification of the Product with hardware, software, technology, IP, or other materials not provided by Seller; (ii) the alleged infringement covers an industry standard; (iii) if the claim is made in response to Buyer’s assertion that third party infringed any intellectual property rights of Buyer; or (iv) Buyer’s use of the Product is unauthorized under Section 13 or is not normal or intended according to the Specifications. If legal action is brought against Seller because of the occurrence of one of the events specified above or because Products have been designed or marked to Buyer’s specifications, Buyer shall defend Seller and reimburse Seller for all damages and costs awarded against Seller, including its reasonable attorneys’ fees. For Products designed or marked to Buyer’s specifications, Buyer grants Seller a limited royalty-free, worldwide license under all IP rights of Buyer to provide such Products to Buyer.
c) This Section 10 sets out Buyer’s sole remedy, and Seller’s sole and exclusive liability, with respect to Seller’s infringement of IP rights.
d) If any Software is installed or embedded in or furnished with the Products, Seller grants Buyer, to the extent that Seller has rights, a limited, nonexclusive, non- transferable (other than to a Buyer’s Customer and only to the extent the Products are incorporated into and sold in Buyer’s end products), non- assignable, license to use and distribute the Software only as part of the authorized Products and only in its original form, and solely to the extent necessary for the normal and intended uses of such Products. Buyer and Buyer’s Customers will not copy, distribute, prepare derivative works, reverse engineer, decompile, or otherwise disassemble the Software. This license will terminate automatically upon breach of any license terms.
e) As between Buyer and Seller, Seller owns and retains all IP in, relating to, or arising from or with respect to each Product, whether or not such Product is a Special Product or a Product developed to specifications furnished by Buyer. Other than the Software license above, Seller does not grant, convey, or confer any ownership, interest, right, or license, express or implied, in or to any IP of Seller. Seller owns and retains all interest in, title to and possession of all tooling of any kind (including masks and pattern generator tapes) and related IP used in production of the Products. To the extent that firmware is embedded in a Product, the sale of the Product will not constitute the transfer of ownership rights or title in the firmware, and all references to “sale” or “sold” of any firmware will be deemed to mean a license from Seller and its Affiliates to use the firmware with the Product. To the extent permissible by law, Buyer is prohibited from (i) reverse engineering, decompiling, or otherwise attempting to derive the source code, technology or algorithms of the Products or Software; (ii) removing or altering any proprietary notices; (iii) using Products for competitive benchmarking or to design competing products; or (iv) attempting to determine whether any of Buyer’s patents or patent applications read on Products, Software or documentation, or creating or modifying its patents or patent applications based on Products, Software or documentation.
11. LIMITED WARRANTIES; EXCLUSIVE REMEDIES.
Seller warrants to Buyer that Standard Products (i) are, at the time of delivery, free from material defects in materials and workmanship and (ii) will, for a period of one year following delivery, materially conform to the Specifications. This warranty does not apply to die, wafers, and Special Products or to Products that Seller determines: (i) is in other than its original condition or (ii) has been subjected to Unauthorized Uses under Section 13. Seller’s sole and exclusive liability and Buyer’s sole and exclusive remedy will be for Seller (at Seller’s option and conditioned upon Buyer’s compliance with the requirements of this Section) as to the affected Products: (i) to refund the purchase price paid; (ii) to deliver to Buyer a replacement. This warranty and any remedy extend to Buyer only and Seller has no liability to any of Buyer’s Customers, users or any other third party. Except for this limited warranty, Seller makes no other warranty and disclaims all other warranties or liabilities as to any Product, Software or IP, whether express, implied, statutory, or otherwise, including all warranties of merchantability, fitness for a particular purpose, title, ownership, non -infringement, and non-misappropriation. Special Products, labeling on Products and packaging that are intended solely for compliance with applicable law, and all Software are provided “as is” and without any warranty of any kind. The warranty obligations of Seller and the remedies of Buyer set out in this Section 11 are the sole and exclusive obligations of Seller and the sole and exclusive remedies of Buyer for all Claims and other liabilities arising out of or in connection with any warranty, nonconformance, failure, defect or breach of warranty. IN NO EVENT WILL SELLER BE LIABLE FOR THE COST OR PROCUREMENT OF SUBSTITUTE PRODUCTS. No obligation or liability will arise out of Seller’s rendering of advice or service in connection with Buyer’s purchase of the Products or any repair or replacement of a Product. No warranties will apply after the one- year period. Seller does not offer any warranties of any kind, and expressly disclaims all implied warranties, on services provided
by Seller which are ancillary to the purchase of Products by Buyer including, but not limited to, software modifications, board-level designs, and reviews of Buyer’s products or designs. Buyer is solely responsible for complete and thorough testing of Buyer’s hardware and software and their interaction with the Products even if Seller has advised or assisted Buyer with such or testing. Seller is not liable for any defect in Buyer’s product, including but not limited to those that would have been detected if Buyer had adequately tested its product.
12. LIMITATIONS OF LIABILITY.
The aggregate cumulative liability of Seller, its affiliates, and their employees, directors, or agents (“Seller Parties”) for all Claims ever made by Buyer against Seller (inclusive) arising out of or in connection with any and all Orders, Order Documents, Products, Software or Claims shall not exceed, individually or collectively, and Buyer releases all such Claims against (and liability of) Seller Parties in excess of the net proceeds received by Seller for the Purchase Order preceding the event giving rise to first claim, or
$1,000,000, whichever is less. The existence of one or more Claims will not enlarge or extend this limit. These limitations apply notwithstanding any failure of essential purpose of any limited or exclusive remedy. In no event will Seller Parties be liable to Buyer or any third party for any special, collateral, indirect, incidental, consequential, exemplary, punitive, or enhanced damages (“Excluded Damages”). Excluded Damages include costs of inspection, removal, and reinstallation of products or other items, rework, re-procurement or recall costs (including administrative and personnel costs) of replacing or substituting items, loss of goodwill, loss of revenue or profits, and loss of use, without regard to whether Seller has been notified in advance of the possibility of any such Claim or damage. Except to the extent liability is not excludable by applicable law, these limitations apply to personal injuries (including death) caused by Seller’s negligence. The allocation of risk contained in this Agreement is reflected in the price of the Products and is reasonable in all circumstances having regard to all relevant factors, including the parties’ relative bargaining positions.
13. UNAUTHORIZED USES.
Products are not designed, intended, authorized, or warranted for any particular industry standard including, without limitation, standards applicable to medical, financial, government, aeronautical, aerospace, military, or nuclear applications. Unless Seller has explicitly designated an individual Product as meeting the requirements of a particular industry standard, Seller is not responsible for any failure to meet such industry standard requirements. For example, Products shall not be used for automotive or transportation applications or environments unless the specific Product has been designated by Seller as compliant with ISO/TS 16949 requirements. Products are not medical class devices and the use in such applications requires certification from the medical equipment manufacturer for the specific intended use, provided further, however, that the use of Products in any life critical application is strictly prohibited. Products shall not be used if they have been subjected to operating or environmental conditions in excess of limits established in the Specifications or otherwise has been subjected to static, failure to ground properly, accident, mishandling, damage, misuse, abuse, neglect, alteration, or improper or unauthorized testing, installation or repair. Buyer is solely responsible for the design, validation, and testing of its applications and the use of Products in such applications including, without limitation, compliance with all legal, regulatory, and safety-related requirements. Buyer represents that, with respect to its use of any Products in Buyer’s applications, Buyer has all necessary expertise to create and implement safeguards that (1) anticipate dangerous consequences of failures, (2) monitor failures and their consequences, and (3) lessen the likelihood of failures that might cause harm, and to take appropriate remedial actions. Buyer agrees that prior to using or distributing any applications that include any Products, Buyer will thoroughly test such applications and the functionality of any Products used in such applications. Any unauthorized sale, use or inclusion by Buyer or any of its direct or indirect customers is fully at Buyer’s risk and voids any and all of Seller’s obligations and warranties. Buyer will fully indemnify Seller and its representatives against any damages, costs, losses, and/or liabilities arising out of Buyer’s non-compliance with this section.
14. GOVERNMENT CONTRACTS.
All Products of Seller are commercial items as defined in FAR 2.101. If Buyer sells Products to any Government, or to a Government prime contractor or subcontractor, Buyer shall be solely and exclusively liable for compliance with all Government acquisition statutes and regulations. Seller makes no representations, certifications, or warranties whatsoever about compliance with Government acquisition statutes and regulations, including, without limitation, those that may relate to pricing, quality, origin or content, and specifically rejects the flow down of all FAR clauses not required to be included in a subcontract for commercial items. All rights in technical data, intellectual property and software owned or licensed by Seller are hereby reserved and deemed restricted or limited. Under no circumstances shall Buyer or Buyer’s Customers receive rights or documentation greater than that which is generally made available by Seller to its other commercial customers.
15. LEGAL COMPLIANCE.
Buyer will comply with all applicable laws and regulations. The Products, Software or related technologies may be subject to export license or other international trade controls. Buyer represents, warrants and certifies that Buyer will comply with applicable laws and regulations relating to export or re-export, including the Export Administration Act of 1979, as amended, the U.S. Export Administration Regulations and U.S. Foreign Assets Control Regulations, 31 C.F.R., Chapter V (collectively “Export Laws”). Buyer confirms that none of Buyer, its affiliates, and their employees, directors, or agents (“Buyer Parties”) is subject to sanctions, considered to be a denied person, or otherwise a prohibited party under Export Laws that would prohibit Buyer Parties’ receipt of the Product. Further, Buyer confirms that no Buyer Party is a “military end user” or “military intelligence end user” (as those terms are defined under the Export Laws) and that Buyer Parties have no knowledge that the Products or items incorporating the Products are intended for military end use or military intelligence end use in a country subject to such export restrictions. If Buyer does not comply with any of its obligations and commitments in this Section 15, Seller reserves the right to not ship any additional Products, and/or to cancel any order placed, without penalty. Buyer agrees to indemnify Seller Parties in respect of any and all losses, damages, costs and liabilities arising out of Buyer’s non-compliance with this Section 15.
16. BUYER’S DUTY TO DEFEND.
Buyer will defend Seller Parties and reimburse Seller Parties for all Claims, taxes, penalties, interest, costs, assessments and expenses (including court and attorney’s fees) that arise as a result of or in connection with any inadequacy or invalidity of any tax exemption certificate submitted by Buyer or any act, omission or misrepresentation of Buyer or any of its affiliates, employees, agents, contractors, customers, users or representatives, including any breach of Sections 9, 13, 14, or 15.
17. DISPUTES, APPLICABLE LAW AND FORUM.
All disputes relating to this Agreement or any other Claims arising out of or related to the relationship of the parties (“Disputes”) shall be resolved exclusively by the following sequential methods, except that Seller may take immediate legal action to prevent immediate or irreparable harm to it or for Buyer’s failure to make payments under Section 6. Upon written notice by one party to the other of a Dispute, the parties will first attempt to promptly resolve the Dispute by negotiation for a 45 -day period. If not so resolved, all Disputes shall be finally settled under the Rules of Arbitration of the International Chamber of Commerce (or, if in Singapore, the Rules of the Singapore International Arbitration Centre) by one or three arbitrators appointed in accordance with said Rules. Discovery will be reasonably limited according to the amount in dispute. If a party unreasonably delays in submitting to binding arbitration, then the other party may commence litigation in a court of competent jurisdiction specified in this Section 17. Litigation or arbitration shall be commenced solely in the parties’ respective individual capacities, and not as a plaintiff or class member in any purported class or representative proceeding. Each of the parties waives its right to a jury trial. Each party will bear its own costs in dispute resolution including attorney fees, except to the extent that a court or arbitrator awards costs to one party. All Dispute negotiations will be confidential settlement negotiations that are inadmissible as provided by applicable rules of evidence in litigation. The English version of any documents shall control and all proceedings will be in English. The parties consent to the sole, exclusive personal jurisdiction, choice of law (without regard to conflicts of law principles) and venue for all meetings, hearings, or proceedings as follows: if Seller is Ambiq Micro Inc.: City of Austin, Travis County, State of Texas, USA. The United Nations Convention on Contracts for the International Sale of Goods will not apply to any Order, Order Document, or any sale of Products to Buyer.
18. FORCE MAJEURE.
Seller shall not be in breach of this contract and shall not be liable for any non-performance or delay in performance
if such non-performance or delay is due to a Force Majeure event or other circumstances beyond Seller’s reasonable control, including but not limited to shortages of labor, energy, fuel, machinery or materials, technical or yield failures, war, civil unrest, any natural disaster, fire, flood, earthquake, explosion, terrorist acts or Act of God. In the event of a shortage of components, Seller may, at its sole discretion, allocate component production and deliveries.
19. MISCELLANEOUS.
This Agreement will be binding upon and inure to the benefit of the parties and their respective permitted successors and assigns. There are no third-party beneficiaries to this Agreement. Buyer may not assign this Agreement in any respect without the prior written consent of Seller. Seller may assign this Agreement, in whole or in part, or any of its rights or obligations hereunder without notice to or consent by Buyer. Seller may subcontract manufacturing or other work as to any or all Products without notice to or consent of Buyer. The failure of a party to enforce any right hereunder shall not waive that or any other right. If any provision of this Agreement or any Order Document is held to be illegal, invalid or unenforceable, then (i) such provision will be reformed to cure or remove such defect and if not reformed will be severed, (ii) the legality, validity and enforceability of the remaining provisions will not be affected or impaired, and (iii) the parties will endeavor in good faith to replace the severed provisions with valid provisions of the same or similar economic effect. The invalidity of a provision in a particular jurisdiction will not render unenforceable such provision in any other jurisdiction. No amendment or modification to the Order Documents will be effective unless specifically agreed in a writing signed by Seller. Notices to Seller should be in writing sent by tracked next-day delivery service to: Ambiq Micro, Inc., 6500 River Place Boulevard, Building 7, Suite 200, Austin, Texas 78730, Attn. Controller; cc: General Counsel. All rights, remedies and powers of Seller are cumulative and may be pursued or enforced in any manner or order. Section headings are included for convenience of reference only. The word “including” will be interpreted to mean “including but not limited to”. Sections 2, 9 to 17, and 19 survive any termination of this Agreement.