Common use of Development of Clause in Contracts

Development of. [***] MLCs. (a) 3D Line will perform a development program (the “Program”) directed toward the development of [***] MLCs that meet the Specifications (including the documents referenced therein). The Program will be performed in two iterations with 3D Line delivering to ViewRay: (i) within [***] after the Effective Date, complete design plans for the [***] MLCs that are suitable for manufacturing [***] MLCs that conform to the Specifications; (ii) [***]; (iii) within [***] after ViewRay makes the payment under Section 2.2(b) “final” design plans for the [***] MLCs that conform to the Specifications that include detailed engineering and fabrication information sufficient to enable commercial scale manufacture; and (iv) within [***] after ViewRay makes the payment under Section 2.2(c), but not later than [***] unless ViewRay notifies 3D Line that ViewRay is willing to accept a later delivery date, [***] MLCs that conform to the Specifications (each, a “Deliverable”).

Development of. [***] MLCs. (a) 3D Line will perform a development program (the “Program”) directed toward the development of [***] MLCs that meet the Specifications (including the documents referenced therein). The Program will be performed in two iterations with 3D Line delivering to ViewRay: (i) within [***] four (4) months after the Effective Date, complete design plans for the [***] MLCs that are suitable for manufacturing [***] MLCs that conform to the Specifications; (ii) [***intentionally omitted]; (iii) within [***] one (1) month after ViewRay makes the payment under Section 2.2(b) “final” design plans for the [***] MLCs that conform to the Specifications that include detailed engineering and fabrication information sufficient to enable commercial scale manufacture; and (iv) within [***] two (2) months after ViewRay makes the payment under Section 2.2(c), but not later than [***] January 15, 2010 unless ViewRay notifies 3D Line that ViewRay is willing to accept a later delivery date, [***] MLCs that conform to the Specifications (each, a “Deliverable”).