On January 27, 2012, and effective as of January 1, 2012, BSQUARE Corp. entered into a new Statement of Work (SOW) under the Microsoft Master Vendor Agreement between the Company and Microsoft Corporation dated effective as of June 6, 2008. The Agreement provides for standard terms and conditions pursuant to which the Company provides software engineering services to Microsoft and its affiliates, including, among other things, provisions relating to (i) standard warranties, confidentiality, indemnification and limitation of liability; (ii) audit and inspection rights; (iii) deliverable ownership; and (iv) minimum insurance requirements. The Agreement expires on June 6, 2013 and is terminable upon 30 days' written notice. To date the Company has been performing other services for Microsoft under the Agreement pursuant to other statements of work, which the Company previously determined were not material. The SOW was entered into between the Company and Microsoft to facilitate continued work on the Ford Motor Company in-car infotainment system. This contract replaces and extends the work that the Company began working on directly with Ford in 2008. This work was previously conducted under various agreements between the Company and Ford, the last of which expired on December 31, 2011. Under the SOW, Microsoft has agreed to pay the Company on a time-and-materials basis for approximately 30 Company personnel to be dedicated to this project for the period from January 1, 2012 through Microsoft's fiscal year end of June 30, 2012. The estimated aggregate fees associated with this SOW are currently $3.3 million for this timeframe. This estimated aggregate fee excludes certain contingent amounts, such as overtime and expenses that must be approved by Microsoft.