Research & Development. 7.1 Daramic shall continue to provide separator and battery testing services to Exide such as are currently provided at its testing laboratories in Owensboro, Kentucky, and Hamburg, Germany, or at such other laboratory as may be mutually agreed upon by the parties. 7.2 Daramic will provide equipment engineering services (enveloping and assembly equipment) and consultation to Exide's plants as may be reasonably requested by Exide. The exact nature and payment for such services and consultation shall be mutually agreed upon in advance by the parties. 7.3 The parties acknowledge that Daramic is a technology leader in the battery separator industry, and Daramic agrees to use commercially reasonable efforts to keep abreast of and promptly implement all technological improvements, enhancements and/or advances in the manufacture of Separators. The parties intend to [*****] in all benefits (including cost savings) achieved through the efforts of Daramic or of both parties. 7.4 [*****]
Appears in 2 contracts
Sources: Supply Agreement (Polypore International, Inc.), Supply Agreement (Exide Corp)