Common use of CONTRACTUAL BASELINE Clause in Contracts

CONTRACTUAL BASELINE. The Incubatee is a start-up company in the early stage development of its commercial enterprise, applying space technology or systems to non-space applications, including industrial, scientific and commercial uses. As a start-up company the Incubatee requires business development support, technical and commercial advice and marketing expertise to be able to commercialise its product or service through: - developing its commercial focus; - enhancing or creating its business plan; - elaborating on its business outline proposal; - making relevant use of Third Party advisors; - establishing a sound financial, commercial and marketing model; and - performing additional technical activities, functional to the above activities as required.

CONTRACTUAL BASELINE. The Incubatee is a start-up company in the early stage development of its commercial enterprise, applying space technology or systems to non-space applications, including industrial, scientific and commercial uses. As a start-start up company the Incubatee requires business development support, technical and commercial advice and marketing expertise to be able to commercialise its product or service through: - developing its commercial focus; - enhancing or creating its business plan; - elaborating on its business outline proposal; - making relevant use of Third Party advisors; - establishing a sound financial, commercial and marketing model; and - performing additional technical activities, functional to the above activities as required.