Scope of Development Project. The Parties shall, during the Development Period, use reasonable efforts to work cooperatively with each other in order to perform the Development Project described in the Statement of Work in Appendix B1 pursuant to the schedule contained therein. This initial Statement of Work in Appendix B1 relates to development of a detailed and comprehensive plan that would help shape the technical direction of one or more subsequent SOWs to develop the Licensed Product. Subsequent SOWs may cover one or more of the following: • Research and development relating to micro-power cell arrays employing nanotextured, superhydrophobic materials; • Research and development pertaining to electrolyte chemistry of the battery to produce tunable power level power cells of various voltages and durations; • Research and development pertaining to semiconductor technology interconnections needed to activate tunable arrays of micro power cells; • Development of any of the associated critical packaging technologies to commercially develop the Licensed Product; and • A working prototype of the Licensed Product that can be demonstrated (on a timeframe to be mutually agreed on) to external customers. During the course of the Development Project, it is anticipated that Developed Information will be produced by the Parties. Developed Information may include Technical Information, Hardware and/or Software. Representatives for Lucent and Company shall meet as needed, either in person or by telephone, to evaluate and discuss the progress of the Development Project. The parties may, from time to time, agree upon additional statements of work that will likewise be appended to and become a part of this Agreement. * Any term in capital letters which is defined in Appendix A – Definitions shall have the meaning specified therein. Back to Contents
Appears in 2 contracts
Sources: Development Agreement (Mphase Technologies Inc), Development Agreement (Mphase Technologies Inc)