Common use of Certification List Clause in Contracts

Certification List. CloudMinds is responsible for acquiring related certifications within the open market of the United States (“Core Market”) and other markets specifically requested and approved by RED (“Additional Markets”). Any certification costs, carrier-specific costs, and certification schedules associated with the Additional Markets will be amended to Exhibit G and discussed as part of the Monthly NRE Review. If the aggregate of all Additional Markets increase the Actual NRE Cost by more than 10% compared to the Estimated NRE Cost, then RED agrees this Agreement may require amendments to more than just Exhibit G at CloudMinds’ discretion. Both parties agree to finalize a binding Year 1 certification, carrier, and target market schedule as part of Exhibit G within thirty (30) days of executing this Agreement, after which CloudMinds agrees that delays in this schedule caused by CloudMinds that result in missing the scheduled Delivery Date will be subject to the penalties in Section 5.1.