Common use of Development Agreements Clause in Contracts

Development Agreements. The Parties acknowledge their intent to negotiate and execute, from time to time, Development Agreements setting forth terms for the development of certain Products. Development Agreements will address matters such as Product specifications, development schedules and milestones, the parties’ intended Product classification (Standard or Special), deliverables, NRE, pricing, license terms, IP ownership and penalties.

Appears in 4 contracts

Samples: Semiconductor Purchase Agreement, Semiconductor Purchase Agreement (Freescale Semiconductor Inc), Semiconductor Purchase Agreement (Freescale Semiconductor Inc)

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