TECHNOLOGICAL TRANSFER Clause Samples

TECHNOLOGICAL TRANSFER. THE ASSOCIATE agrees to implement, at its expense, a training program for ECOPETROL professionals in areas related with the development of the contract. For compliance with this obligation in the Exploration Period, training may be, among others, in the areas of geology, geophysics and related areas, evaluation and definition of characteristics of reservoirs, drilling and production. Training shall be provided during the entire Exploration Period of six (6) months and its extensions, through the integration of the professionals appointed by ECOPETROL to the work group THE ASSOCIATE organizes for the Contracted Area or for other similar activities of THE ASSOCIATE. To decide for the waiver dealt with in Clause 5 of this contract, THE ASSOCIATE must have previously complied with the training programs herein provided for. In the Exploitation Period, the scope, duration, place, participants, training conditions and other aspects shall be established by the Association's Executive Committee. All of the costs of supervised training, with the exception of the labor ones caused in favor of the professionals who get said training, shall be borne by THE 44 44 ASSOCIATE in the Exploration Period and by both Parties charged to the Joint Account in the Exploitation Period. PARAGRAPH: To be agreed. CLAUSE 33. INSURANCE THE ASSOCIATE or the Operator will take all the insurance policies required by the Colombian laws. Likewise, it will require each contractor that perform any job in development of this contract to acquire and keep in effect all the insurance policies that the Operator may consider necessary. Also the Operator will take all the insurance policies that the Executive Committee may consider advisable. Upon termination of this contract, at any time during the exploitation period or due to expiration of the term set forth in Clause 23, the Operator and/or THE ASSOCIATE shall take out an insurance policy that guarantee payment of salaries, benefits and indemnities and other labor debts due to eventual legal sentences derived from claims from the workers hired by the Operator in its condition as their sole and true employer and during the time of operation of the Commercial Field. The policy term shall not be less than three (3) years counted as of the date of termination of the Association contract and the insured value shall be defined by the Executive Committee, subject to that set forth in the labor provisions applicable to the respective employment contracts...
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TECHNOLOGICAL TRANSFER. THE ASSOCIATE, at his own cost, must provide a supervised training program in contract-related activities for ECOPETROL'S professional personnel. To comply with this obligation during the Exploration Period, supervised training can cover, among others, areas such as: geology, geophysics and related sciences, calculation of reserves and definition of reservoirs, drilling and production. Supervised training shall be carried out throughout the initial Exploration Period and during extensions thereto and shall integrate professional personnel appointed by ECOPETROL into the work group organized by THE ASSOCIATE for the Contracted Area or for other similar activities handled by THE ASSOCIATE. In order to chose the resignation set forth in Clause 5 of this contract, THE ASSOCIATE must have previously complied with the training program herein described. During the period of exploitation, the range, duration, place, participants, training, conditions and other aspects of said training shall be established by the Executive Committee of the Association. All supervising training costs, with the exception labor costs caused due to training of the professional staff, shall be assumed by the Associate during the period of exploration and by both parties debited to the Joint Account during the period of Exploitation. PARAGRAPH (subject to agreement): To comply with obligations regarding technology transfer, as stated herein, during the first three (3) years of exploration and each year THE ASSOCIATE agrees to organize and pay for a supervised training course for ECOPETROL professionals not to exceed U.S. $30,000 in annual cost. The course shall be previously approved by ECOPETROL and THE ASSOCIATE. In the event that the period of exploration is extended, the supervised training course shall consist of a program similar to such as set forth herein.
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TECHNOLOGICAL TRANSFER. THE ASSOCIATE is obliged to pay for or perform at its cost the training programs for the professionals of ECOPETROL in areas related to the development of the contract. For the fulfillment of this obligation in the Exploration Period, the training may also be in the areas of geology, geophysics and related areas, evaluation of Reservoirs and characterization of reservoirs, drilling and production. The supervised training shall be done throughout the entire Exploration Period of six (6) years and during its extensions, by integrating the professionals that are assigned by ECOPETROL, to the work group organized by THE ASSOCIATE for the Contract Area or for other activities handled by THE ASSOCIATE. To be able to choose to resign as set forth in Clause 5 of this contract, THE ASSOCIATE must have previously fulfilled the training programs herein mentioned. During the Exploitation Period, the scope, duration, place, participants, training conditions and other aspects, shall be established by the Executive Committee of the Company. All costs for guided training, with the exception of those of work caused in favor of the professionals that receive it, shall be assumed by THE ASSOCIATE in the Exploration Period and by both parties with charge to the Joint Account in the Exploitation Period.
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Related to TECHNOLOGICAL TRANSFER

  • TECHNOLOGICAL CHANGE 45.1 The parties have agreed that in cases where, as a result of technological change, the services of an employee are no longer required beyond a specified date because of lack of work or the discontinuance of a function, the Work Force Adjustment Policy concluded by the parties will apply. In all other cases, the following clauses will apply: 45.2 In this Article "Technological Change" means:

  • Technological Displacement The Employer agrees that, whenever possible, no employee shall lose employment because of technological change, utilizing normal turnover of staff to absorb such displaced employees. However, when necessary to reduce staff, it shall be done as outlined in Article 6.01.

  • TECHNOLOGICAL CHANGES 29.01 Any significant technological changes affecting members or their work environment will be discussed between Management and the Association prior to implementation with a view to resolving any problems. Whenever practical, the Board, through the Administration of the Service, will commence such discussions at least three (3) months in advance of the planned change.

  • LICENSE TRANSFER Customer may not sublicense, assign, transfer, rent or lease the software or software license except as permitted by HP. HP-branded software licenses are generally transferable subject to HP’s prior written authorization and payment to HP of any applicable fees. Upon such transfer, Customer’s rights shall terminate and Customer shall transfer all copies of the software to the transferee. Transferee must agree in writing to be bound by the applicable software license terms. Customer may transfer firmware only upon transfer of associated hardware.

  • Transfer of Technology 1. The Parties agree to exchange views and information on their law and international practices on the protection and enforcement of intellectual property rights, affecting transfer of technology. This shall, in particular, include exchanges on measures to facilitate information flows, business partnerships, and voluntary licensing and subcontracting agreements. Particular attention shall be paid to the conditions necessary to create an adequate enabling environment for technology transfer in the host countries, including issues such as the domestic legal framework and the development of human capital. 2. When measures are taken with regard to technology transfer, the legitimate interests of the intellectual property right holders shall be protected.