Common Contracts
1 similar Technology Use Agreement contracts
EX 10.12 HSR TECH LOI TECH USE AGREEMENTTechnology Use Agreement • October 10th, 2019
This Letter of Interest (“ LOI”) sets forth the preliminary terms and conditions upon which HSR Technologies, Inc. would enter into exclusive Technology use Agreement for exclusive use of DMU rail technologies and use of its know-how for manufacturing of train sets meeting the 49 CFR Part 238 compliant DMU in current revenue service that meets or exceeds new Federal Rail Administration (FRA) and American Public Transportation Association (APTA) structural safety specifications. (the “use Agreement”) with Ameri Metro, Inc. (“AM”) in a transaction in which AM would have Exclusive right to use the technology for the preliminary terms and conditions upon which HSR Technologies, Inc. Would enter into a Consulting and Sales Agent Agreement (the “Consulting Agreement”) with
