Common use of Project Core Adopter Clause in Contracts

Project Core Adopter. Member commits to being a Project Core Adopter and (i) to acknowledge such commitment publicly within 12 months of the Effective Date, and (ii) launch a product with SDL within 36 months of the Effective Date. If Member fails to fulfill its commitments in (i) and (ii) within the relevant timeframes, Member acknowledges that it will become a Level 3 Member and will not be entitled to a refund of any of its membership fees paid during the period when it was a Level 1 Member. i. Launching a product means implementing the SDL Core project into a product (any physical product, such as a vehicle head unit, cluster, or rearview mirror) which is made available to an external device running or executing an application that implements the SDL Proxy. A product shall not be considered “launched” until it is included in a vehicle that is available for purchase by retail customers.

Appears in 4 contracts

Samples: Membership Agreement, Membership Agreement, Membership Agreement

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Project Core Adopter. Member commits to being a Project Core Adopter and and (i) to acknowledge such commitment publicly within 12 months of the Effective Date, and (ii) launch a product with SDL within 36 months of the Effective Date. If Member fails to fulfill its commitments in (i) and (ii) within the relevant timeframes, Member acknowledges that it will become a Level 3 Member and will not be entitled to a refund of any of its membership fees paid during the period when it was a Level 1 Member. i. Launching a product means implementing the SDL Core project into a product (any physical product, such as a vehicle head unit, cluster, or rearview mirror) which is made available to an external device running or executing an application that implements the SDL Proxy. A product shall not be considered “launched” until it is included in a vehicle that is available for purchase by retail customers.

Appears in 1 contract

Samples: Membership Agreement

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