A paper sheet storage and payout device, which, by winding and unwinding tape between a first take-up drum on which the tape is wound from one end, and a second take-up drum on which the tape is wound from the other end, with paper sheets placed thereupon, stores and pays out paper sheets. Illustratively, the support sleeve may be configured to actuate relative to the inner sleeve to protect the inner sleeve before and after a surgical procedure and to expose a portion of the inner sleeve during the surgical procedure. The arched clasp defines a plurality of protrusions for preventing the clip from moving horizontally. The ASIC, which is reconfigurable at a top-level according to user requirements, facilitates design changes and bench testing.