Myth
Contract hygiene is a vitamin — nice to have, never urgent.
Reality
Until you raise, sell, or defend a margin — then it's the first thing diligence reads.
The terms you signed sit quietly only while nothing's happening. File an S-1, entertain a buyer, or push on a margin, and those clauses become the first thing an investor's counsel or an acquirer's diligence team opens. They don't improve while they sit — they get discovered.
See what companies signed →Who it's for
Which side of the table are you on?
Fabless (startup → SMB) · auto Tier-1 / OEM
Know if your foundry & supply terms beat the market.
You sign a foundry, wafer-supply, or OSAT agreement once. Your supplier has signed it hundreds of times — and you've never seen what your peers actually agreed to. We read yours from the buyer's side and benchmark it against dozens of real, unredacted supply agreements from 15+ semiconductor companies' SEC filings.
- Take-or-pay & binding-forecast exposure — before it hits your balance sheet
- Single-source & capacity-allocation gaps; missing yield floor
- Liability caps & price-escalation vs. what peers signed
- Export / CFIUS exposure on your foundry and customers
- The diligence questions a funder will ask — answered on your schedule
OSAT · contract manufacturers
Read your customer contracts from your side — before you sign.
Your customers' procurement teams draft from a position of strength. We read the master supply and manufacturing agreements from the supplier's seat — where you're conceding, what carries risk, and what's worth pushing back on — grounded in comparable filed agreements.
- Where the liability, warranty & yield risk actually lands on you
- Capacity commitments, NCNR and change-order exposure
- IP, tooling & mask-ownership terms read from your side
- Termination & forecast asymmetry you're accepting
- A from-your-side read on one agreement, under NDA, before you sign
What we do
Two things a sourcing team can act on.
Negotiate from evidence.
How your terms compare to what your peers actually signed — benchmarked against dozens of real, unredacted supply agreements from 15+ semiconductor companies including Cerebras, Mobileye, Allegro, SiTime and GlobalFoundries. Clause by clause. Know if you're overpaying or over-committing before you sign.
See what diligence will find — first.
The terms you've already signed reveal where you're exposed — take-or-pay, single-source, a change-of-control tripwire — before it reaches the numbers. We surface it from the contract, and screen counterparties for Entity-List, sanctions and CFIUS exposure. Classification, not prediction; every finding traces to a source.
Market intelligence
What semiconductor companies actually signed.
Every chip company signs the same three deals — a foundry to make its chips, a customer to buy them, a licensor for the IP underneath. The terms are filed as public SEC exhibits, and almost never read. A few, verbatim:
- Take-or-pay: SkyWater's customer committed to 95%/90% of forecast; Aquantia's buyer, Intel, committed to nothing.
- IP: MetaOptics licenses its entire technology base — non-exclusive, revocable — from a state agency that also holds its equity.
- Liability: SiTime's foundry caps its own exposure at $5M with a three-year exit, while the buyer's commitment runs open-ended.
Every finding traces to a clause. No black box, no predictions we can't defend.
Research
Read the work behind the tool.
Field guides and teardowns built from real, SEC-filed agreements — the same corpus the product runs on. Depth over size; every figure traced to the filing.
Featured · interactive teardownThe Contractual Teardown of the H100
The chip that defined the AI boom, disassembled into four agreements — foundry, packaging, HBM memory, IP licensing — each with its own counterparty and its own way to fail. Tap any layer; the same stack governs Blackwell and GB200, only tighter.
Open the teardown →Signed Once
The asymmetry in semiconductor supply contracts, read from nine real IPOs — the risk lands on the party that signed once, not the one who has signed a hundred times.
Read the book → Automotive · the caseThe Nexperia Blind Spot
How the cheapest parts on the board stopped car factories in 2025 — and why the ownership exposure behind it had been public and dated for years.
Read the case → Handbook · for procurementThe Automotive Chip Buyer's Handbook
The commercial-intelligence framework for Tier-1 procurement — supplier leverage, qualification lock-in, and lifecycle risk, in plain English.
Open the handbook →A no-obligation first look
Send us one representative agreement.
Under mutual NDA, we'll return a from-your-side read — plus a peer benchmark if you're on the buyer side. Before you sign, renew, or raise. One agreement, no commitment.
Request a first look →Straight answers
Questions we get.
Isn't this just contract review?
No. A lawyer reads one contract in isolation, for legal correctness. We read it from your commercial side — take-or-pay, single-source, yield, exclusivity — and benchmark it against what your peers actually signed. That external comparison is something your own history can't give you.
Who is this for — and is it legal advice?
It's for the business side — procurement, operations, finance, and the founders who sign and live with these agreements — not a replacement for your legal counsel. We read a contract from your commercial position: leverage, exposure, and what your peers actually signed. Every finding is grounded and cited — but it is not legal advice. Take our read into your negotiation and to your lawyer; we don't do your lawyer's job.
Why does semiconductor-specific matter?
Because the risks are specific: foundry capacity allocation, wafer-bank liability, yield floors, mask ownership, take-or-pay, plus export control (EAR/ITAR) and CFIUS. A generalist contract tool doesn't know a binding forecast from a warranty. We built for this lane.
What do you need from me to start?
One representative agreement, under mutual NDA. You get back a from-your-side read and a peer benchmark — no platform rollout, no long commitment.