Common use of PAYMENT FOR NRE Clause in Contracts

PAYMENT FOR NRE. Creative will pay a total of * dollars (US$ * ) for such Joint Development Projects and Custom Engineering Services (the "PROJECTS"), solely in the event and to the extent that the parties are able to reach agreement on the terms and conditions of such Projects, and Licensor agrees to provide * of NRE services for such Projects under terms and conditions to be negotiated in good faith by the parties during the Term of this Agreement. Each party shall designate a representative to be the liaison for all such Projects.

Appears in 4 contracts

Samples: Escrow Agreement (Netspeak Corp), Escrow Agreement (Netspeak Corp), Escrow Agreement (Netspeak Corp)

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