LICENSE AND DEVELOPMENT AGREEMENT from the 10Q Amtronics India & QMC Link
MILESTONES - Licensee
a) Within 60 days of execution of this agreement licensee will provide proof of funding in the amount of Twenty million U.S. dollars ($20,000,000.00) for this project.
b) Within 120 days of execution of this agreement licensee will provide proof that construction on the facility has commenced.
c) Within no later than 120 days of execution of this agreement licensee will place purchase orders and pay deposits on the purchase of the initial lab equipment to include but not be limited to the Schlenk lines, Micro reactors and support equipment.
d) Within 210 days of execution of this agreement licensee will provide proof that construction on the facility has been completed.
e) Within 300 days of execution of this agreement licensee will provide proof that quantum dot production has commenced at the Assam facility.
f) Within 30 months of execution of this agreement licensee will provide proof that solar cell production has been established.
I-Boxed
MILESTONES - Licensee
a) Within 60 days of execution of this agreement licensee will provide proof of funding in the amount of Twenty million U.S. dollars ($20,000,000.00) for this project.
b) Within 120 days of execution of this agreement licensee will provide proof that construction on the facility has commenced.
c) Within no later than 120 days of execution of this agreement licensee will place purchase orders and pay deposits on the purchase of the initial lab equipment to include but not be limited to the Schlenk lines, Micro reactors and support equipment.
d) Within 210 days of execution of this agreement licensee will provide proof that construction on the facility has been completed.
e) Within 300 days of execution of this agreement licensee will provide proof that quantum dot production has commenced at the Assam facility.
f) Within 30 months of execution of this agreement licensee will provide proof that solar cell production has been established.
I-Boxed
