Common use of Support for CHIPS Research and Development Programs Clause in Contracts

Support for CHIPS Research and Development Programs. (a) Each Recipient (or the Sponsor Guarantor on their behalf) shall be a member of the NSTC for a minimum of five (5) years, starting from, subject to negotiation and execution of a membership agreement between the Recipients (or the Sponsor Guarantor on their behalf) and the National Center for the Advancement of Semiconductor Technology (Natcast) with mutually agreeable terms, the date that is three (3) months after the date on which NSTC is capable of accepting new members, the effective date of such membership agreement or three (3) months from the date of this Agreement, whichever is later. (b) Each Recipient (or the Sponsor Guarantor on their behalf) shall do the following: (i) designate a senior official of the Recipients (or the Sponsor Guarantor on their behalf) who will serve as the lead point of contact for activities related to the NSTC and, if requested by the NSTC, serve as a member of the NSTC’s Technical Advisory Committee and relevant working groups; 24007905661-v27 Annex -21 81-41052779 (ii) participate in the NSTC Workforce Center of Excellence, including sharing the Recipient’s best practices; and (iii) use commercially reasonable efforts to support R&D and other technology advancement efforts through active participation in the NSTC and/or other CHIPS R&D programs, subject to negotiation and execution of agreements between the Recipients (or the Sponsor Guarantor on their behalf), the National Center for the Advancement of Semiconductor Technology (Natcast) and the Department’s CHIPS R&D Office.

Appears in 1 contract

Sources: Funding Agreement (Micron Technology Inc)

Support for CHIPS Research and Development Programs. (a) Each Recipient (or the Sponsor Guarantor on their behalf) shall be a member of the NSTC for a minimum of five (5) years, starting from, subject to negotiation and execution of a membership agreement between the Recipients (or the Sponsor Guarantor on their behalf) and the National Center for the Advancement of Semiconductor Technology (Natcast) with mutually agreeable terms, the date that is three (3) months after the date on which NSTC is capable of accepting new members, the effective date of such membership agreement or three (3) months from the date of this Agreement, whichever is later. (b) Each Recipient (or the Sponsor Guarantor on their behalf) shall do the following: (i) designate a senior official of the Recipients (or the Sponsor Guarantor on their behalf) who will serve as the lead point of contact for activities related to the NSTC and, if requested by the NSTC, serve as a member of the NSTC’s Technical Advisory Committee and relevant working groups; 24007905661-v27 Annex -21 81-41052779; (ii) participate in the NSTC Workforce Center of Excellence, including sharing the Recipient’s best practices; and (iii) use commercially reasonable efforts to support R&D and other technology advancement efforts through active participation in the NSTC and/or other CHIPS R&D programs, subject to negotiation and execution of agreements between the Recipients (or the Sponsor Guarantor on their behalf), the National Center for the Advancement of Semiconductor Technology (Natcast) and the Department’s CHIPS R&D Office.

Appears in 1 contract

Sources: Funding Agreement (Micron Technology Inc)