This excerpt taken from the ADEP 10-Q filed May 13, 2008.
SEVENTH.- ENGINEERING SUPPORT
During the production period, which is assumed to take six months since the execution of the present agreement, LICENSOR shall provide LICENSSE with the following engineering
support and assistance at LICENSORs expense:
Two engineers will provide support on frame design and general design.
One engineer to review designs, perform dynamic and structural analysis.
LICENSEE shall provide LICENSOR with a project plan that may be changed at LICENSEES discretion to better meet schedules.
The above mentioned personnel shall be dedicated to the production of the QUICKPLACER ROBOT and shall work according to the above-mentioned plans and schedules and following
LICENSEE shall pay for the travel expenses of the above-mentioned personnel whereas LICENSOR shall bear the living expenses, should a displacement to Livermore, California, he
Moreover, LICENSOR shall provide 2-3 current or slightly modified prototype robot arms to LICENSEE at a reasonable cost and BOM with pricing provided LICENSEE specifies what
components are required.
LICENSOR shall provide a current prototype of the QUICKPLACER ROBOT for the trade show taking place in Chicago as well as one engineer to support it.
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