Common use of Joint Development Agreement Clause in Contracts

Joint Development Agreement. Nortel Networks and Talarian will negotiate in good faith to enter into a Joint Development Agreement for Talarian products within 120 days from the date hereof. The parties acknowledge that there are many issues involved in such an agreement that they have not yet considered or discussed. It is expected that the Joint Development Agreement will address the following development efforts: [ ** ] No agreement pertaining to the matters set forth in this Section 1 shall be binding until (and unless ) the parties enter into a definitive Joint Development Agreement.

Appears in 2 contracts

Sources: Joint Development Agreement (Talarian Corp), Joint Development Agreement (Talarian Corp)