On November 2, under the terms of their merger agreement, Marvell and Lumentum established termination fees for specific scenarios: if the transaction is terminated, Marvell will be required to pay Lumentum up to $5.8 billion, with certain conditions triggering a $3.2 billion payment; if Lumentum terminates the transaction under specified circumstances, it must pay Marvell $2.9 billion. These fees apply only under the termination conditions explicitly outlined in the agreement.