Common use of SPECIFICATION, IMPROVEMENT- AND DEVELOPMENT WORK ETC Clause in Contracts

SPECIFICATION, IMPROVEMENT- AND DEVELOPMENT WORK ETC. 6.1 The technical specification of the Product and the improvement- and development work and the functional responsibility for soft- and hardware related to the Product are set out in ATTACHMENT 5. 6.2 The costs for the improvement- and development work, which shall be paid by Skydeck as expenses, are set forth in ATTACHMENT 6. The costs for the work according to Phase II and III (Design, prototype and testing phases) shall be paid by Skydeck with [***] at the signing of this Agreement and the remaining [***] by Skydeck simultaneously on delivery of the prototypes. The costs for the work according to Phase IV (Manufacturing phase) shall be paid by Skydeck with [***] immediately after the termination of Phase III and the remaining part by Skydeck simultaneously on delivery of the [***] units of the Product (0-serie). The improvement- and development costs for the serial production shall be paid by Skydeck and is estimated to a maximum of [***]. As soon as a