Process Development Packages Clause Samples
Process Development Packages. For each Ethanol Project or Sugar Project for which a Licensee acts within its capacity as sales representative or sublicensor hereunder or for each Licensee Plant Licensee will develop and provide a process development package (PDP) for the Plant or Licensee Plant. Licensee will deliver the PDP to Licensor for review and comment. Licensor will review and reasonably comment upon the PDP, and will deliver the reviewed PDP and any comments thereon (Reviewed PDP) to such Licensee. Upon commencement of operation of the Plant or Licensee Plant, or within a reasonable period of time prior thereto, Licensor will provide, upon Licensee’s request, a master culture of KO11 or other micro-organism that constitutes Licensor’s most advanced, generally commercially available ethanol production micro-organism, and reasonable technical assistance related thereto. If and to the extent any research, testing or third party engineering services are required in connection with a Reviewed PDP or technical assistance, Licensor will invoice such Licensee or the appropriate third party, as the case may be, on a Cost plus [***] percent ([***]%) basis, which invoice will be payable on a net 30 day basis. As used herein, Cost means direct labor, material, other direct costs, all applicable overhead, and cost of money.
