Common use of Reporting/Deliverables Clause in Contracts

Reporting/Deliverables. The work progress will be captured in weekly reports at the scheduled OKME Team Meetings or as directed by OKME CTO ▇▇▇▇▇ ▇▇▇▇▇▇, and summarized in monthly reports. A final report will be submitted at the end of the project. If the delivered samples meet functional specifications, Phase II of the project will be triggered, including a purchase order for a pilot deposition system. IP Rights: Mesdi will own the intellectual property that is created under the scope of this project.. The prototype deposition tool constructed under this proposal will be jointly owned by Mesdi and OKME. Once the Phase I project is successful, Mesdi and OKME will negotiate to enter into a mutually acceptable licensing agreement in Phase II.

Reporting/Deliverables. The work progress will be captured in weekly reports at the scheduled OKME Team Meetings or as directed by OKME CTO ▇▇▇▇▇ ▇▇▇▇▇▇, and summarized in monthly reports. A final report will be submitted at the end of the project. If the delivered samples meet functional specifications, Phase II of the project will be triggered, including a purchase order for a pilot deposition system. IP Rights: Mesdi will own the intellectual property that is created under the scope of this project.. The prototype deposition tool constructed under this proposal will be jointly owned by Mesdi and OKME. Once the Phase I project is successful, Mesdi and OKME will negotiate to enter into a mutually acceptable licensing agreement in Phase II.