Turbine Design and Development Agreement Sample Contracts

Turbine Design and Development Agreement for 3.3 MW February 28, 2014 by and between WEG Equipamentos Elétricos S.A. and Northern Power Systems, Inc.
Turbine Design and Development Agreement • May 12th, 2014 • Wind Power Holdings Inc • Engines & turbines • New York

This Turbine Design and Development Agreement for 3.3 MW (this “Agreement”) is made and entered into this 28th day of February, 2014, by and between WEG Equipamentos Elétricos S.A., a company incorporated and existing under the laws of Brazil (“WEG”), with its principal office at Av. Prefeito Waldemar Grubba, 3000, Jaragua do Sul, SC, 89256-900, Brazil, and Northern Power Systems, Inc., a company incorporated and existing under the laws of the State of Delaware, U.S.A. (“NPS”), with its principal office at 29 Pitman Road, Barre, Vermont 05641 U.S.A. WEG and NPS are referred to herein collectively as the “Parties” and individually as a “Party”.

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