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notwithstanding that this mou is non-binding, the obligations of the parties in this paragraph shall be binding and shall survive any termination of this mou. neomagic will pay synapse up to $1,000,000 for its development work under the definitive agreement to complete the usb 3.0 transceiver ip.
other than in connection with the design, modification, manufacture and distribution of such chips, neomagic may not sublicense the usb 3.0 transceiver ip. other than third party intellectual property, the parties will jointly own all intellectual property rights in the usb 3.0 transceiver ip and other deliverables delivered under the definitive agreement or in connection with any license of such intellectual property (whether created for neomagic or any synapse licensee of the usb 3.0 transceiver ip), including any pre-existing intellectual property of synapse. however, either party may assign the definitive agreement in connection with an acquisition of the related business unit; provided that synapse may not so assign the definitive agreement without neomagic153s consent prior to achieving the final payment milestone under the statement of work for the usb 3.0 transceiver ip.
exhibit 10.26. business development service agreement. this agreement is made effective as of by and between:. this business development agreement (“agreement”) is made as of (the “effective date”) by and between recency media usa, inc., experimental development means acquiring, combining, shaping and using existing scientific, technological, business and other relevant knowledge and skills with, business development agreement template, business development agreement template, business development agreement pdf, master business development agreement, sample mou for business collaboration.
this mou sets forth and summarizes the mutual understanding and present intention of the parties with respect to a possible development agreement relating party. 2. purpose. the purpose of this agreement is to establish the collaboration of both parties in providing business development and marketing services this memorandum of understanding (“agreement”) formalizes a relationship between the. united states department of commerce, minority business development, marketing and business development agreement, simple business development agreement, joint business development agreement, business development partner agreement, mou for project development, market development agreement, business development commission, mou for website development, business provider agreement, mou for software development.
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