Technology Development Phase Clause Samples

Technology Development Phase. The first phase of the Commercialization ---------------------------- Program shall be the Technology Development Phase, during which GE and CCSI will pursue the technological development of the Products so as to enable their Commercialization. GE and CCSI will conduct their respective development efforts in accordance with the Program Schedule and Milestones attached hereto as Exhibit A, the Development Workplan and the Yearly Development Budgets approved by the Management Committee, as such Development Workplan and Yearly Development Budgets may be modified by the Management Committee under Section 5.1.3 below.