Option AgreementOption Agreement • May 27th, 2009 • New Energy Technologies, Inc. • Industrial organic chemicals • Florida
This Agreement is made and entered into to be effective the 20th day of May, 2009 (“Effective Date”), by and between the UNIVERSITY OF SOUTH FLORIDA RESEARCH FOUNDATION, INC., a corporation not for profit under Chapter 617 Florida Statutes, and a direct support organization of the University of South Florida (“UNIVERSITY”) pursuant to section 1004.28 Florida Statutes, having its principal office at 4202 East Fowler Avenue, ADM200, Tampa, Florida 33620, U.S.A. (hereinafter referred to as “RESEARCH FOUNDATION”), and New Energy Solar Corporation. (hereinafter referred to as “OPTIONEE”) a corporation organized under the laws of Florida having its principal offices at 8875 Hidden River Parkway, Suite 300, Tampa, FL 33637.
RESEARCH AGREEMENT BY AND BETWEEN NEW ENERGY SOLAR CORPORATION AND THE UNIVERSITY OF SOUTH FLORIDAResearch Agreement • May 27th, 2009 • New Energy Technologies, Inc. • Industrial organic chemicals • New York
THIS RESEARCH AGREEMENT IS MADE AND ENTERED INTO BY AND BETWEEN NEW ENERGY SOLAR COPRORATION (a wholly owned subsidiary of New Energy technologies, Inc.), a corporation having a place of business located at 8875 Hidden River Parkway, Suite 300, Tampa, FL 33637 (“New Energy”), and the University of South Florida Board of Trustees, a public body corporate ("University"), for support to the project entitled “(Semitransparent Flexible Power Foil (SFPF))”. For consideration of the mutual promises, covenants, and obligations contained herein, New Energy hereby retains the University to undertake certain activities described in Attachment 1. The parties agree as follows:
