Common use of Other Development Activities Clause in Contracts

Other Development Activities. In addition to the marketing and development activities described above, two additional development activities are anticipated to be pursued under this Agreement, as follows: 7 8 a. Reengineering of PEP Report preparation to incorporate ICARUS (or ICARUS/PEPCOST) cost estimating procedures and Icarus' simulator or CAD links. This development will constitute more of a "behind the scenes" operation, but is expected to be potentially valuable to ICARUS and SRIC for insights into new ways of working, and building an extended value network. i. The parties expect to target 1-3 "New" reports in the first year of this Agreement. ii. SRIC's PEP staff will lead this development, with an Icarus contact on the project team.