Pimi/NC Responsibilities Sample Clauses

Pimi/NC Responsibilities. 6.1 NC and Pimi responsibilities and missions under the Joint Venture are as follows: 6.1.1 Pimi/NC will give sub license to the Joint Venture for the use of the Technology, and all other intellectual property and know-how including any research and development relating to the formula and any new product developed ("IP") for the term of the Joint Venture. 6.1.2 Training of core personnel and technical support required for the activity in the US, until the Joint Venture will engage sufficient personnel who will take upon itself the technical support for the installation and the treatment and Storage Protocol. 6.1.3 Receiving of all approvals and consents required for the activity of the Joint Venture in the USA. 6.1. 4Installation of the initial trials and demonstration rooms. 6.1.5 Pimi, its owners, officers, and managers agree (i) they will not, directly or indirectly, initiate contact with any Retailer or Distributor for the purpose of proposing or soliciting a license, sales, or other agreement for any Products or the Technology that are exclusive to the Joint Venture hereunder, and (ii) if contacted by any such Retailer or Distributor, Pimi will refer such Retailer or Distributor to Joint Venture. In the event of a violation of this paragraph by Pimi, the Parties agree that the measure of Vegiesafe's damages will be based on its share of net revenue set forth in Paragraph 5.1.