For creating 10mm (3/8") mounting holes for certain Standard Profile, Low Profile, and Metal Range clips.
This carbide tip Forstner type bit drills flat-bottomed blind holes into the back of panels and other items.
"WARNING: This product can expose you to chromium, nickel, which are known to the State of California to cause cancer and birth defects or other reproductive harm. For more information, go to www.P65Warnings.ca.gov."
www.P65Warnings.ca.gov