Exhibit 10.11
COLLABORATION AGREEMENT RELATING TO A JOINT LABORATORY
(Summary Translation)
(April 18, 2002)
As proposed by Xxxxxxxxx Xxxx Zhigong, director of the Institute of RF & OE-ICs
of Southeast University (the "INSTITUTE"), and Xxxxxxxxx Xxxxxx Kunjie,
president of Quanzhou Lake Microwave Co., Ltd ("LAKE MICROWAVE"), after friendly
negotiation and discussion, both parties agree to establish a joint laboratory
as provided herein (the "JOINT LAB").
Both parties hereby agree as follows:
1. Through the Joint Lab, the parties intend to cooperate and share resources
with respect to chip design, functional module, technical development of
integrated application system and other RF and optical electrical fields.
2. The Joint Lab shall be located in the Institute for the time being. The
staff of the Joint Lab can be appointed by and from both parties. The daily
operations of the Joint Lab will be under the management of the Institute.
3. The instruments and equipment in the Joint Lab will be loaned by each
party, who shall maintain its ownership to such instruments and equipment
it has loaned to the Joint Lab. The Joint Lab shall have the right to use
these instruments and equipment.
4. The operating expenses of the Joint Lab will be borne by both parties
subject to evaluation and settlement annually.
5. The plans on research and development and human resources of the Joint Lab
will be determined by the parties after consultation. Management members of
both parties shall meet at least twice a year. The meetings will primarily
review the progress of the specific research and development projects and
the daily operating expenses incurred.
6. Both parties shall jointly own the patent in connection with any invention
of the Joint Lab, jointly author any publication and jointly file any
appraisal application report.
7. Lake Microwave shall have priority in commercializing any result from
research and development by the Joint Lab. The parties agree to separately
discuss and agree on how to share the profits from sale of any products
after such commercialization.
8. The Institute shall set up an experiment base at the premises of Lake
Microwave. The post-development processing and commercialization for any
products under research and development at the Joint Lab shall be conducted
at this base in Lake Microwave. Lake Microwave shall provide support
necessary for that purpose.
9. The term of this Agreement shall be five years and shall be subject to
further negotiation upon its expiration.
10. This Agreement may be amended or otherwise modified to deal with currently
unforeseeable circumstances during the term of this Agreement.
SOUTHEAST UNIVERSITY INSTITUTE OF RF & OE-ICS
/s/ Wang Zhigong
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/seal/ Southeast University Institute of RF & OE-ICs
QUANZHOU LAKE MICROWAVE CO., LTD.
/s/ Zhuang Kunjie
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/seal/ Quanzhou Lake Microwave Co., Ltd.