CDP Activities. 3.3.1. Customer and IMI shall conduct CDP Activities in a collaborative effort pursuant to one or more written project statements (each, a "Project"). 3.3.2. Each Project shall describe the activities to be conducted by each party. 3.3.3. Prior to the start of CDP Activities for each Project, the parties will categorize the Project as Project A or Project B. 3.3.4. In order for a Project to be categorized as Project A, i. the cumulative duration of the Project (as measured by its start date and end date) shall be no more than [***] (the [***] period need not be continuous), and ii. the Project consists of [***]. 3.3.5. In order for a Project to be categorized as Project B, i. the duration of the Project (as measured by its start date and end date) shall be greater than [***], and ii. the Project consists of [***]. 3.3.6. If the Project has not been categorized prior to its start date, such Project will be deemed to be Project [***] if the end date of the Project is greater than [***] after the start date, else such Project will be deemed to be Project [***]. 3.3.7. Each Project shall have a start date and an end date. 3.3.8. The parties agree that at all times during the Term, at least [***] of FTEs provided by IMI in accordance with Section 3.4.1, shall be dedicated to projects categorized as Project B. 3.3.9. Any revision to a Project shall be carried out pursuant to Sections 3.5, 3.6, 3.7, 3.8 and 3.9, and when agreed upon will be incorporated into this Agreement, superseding or supplementing the previous Project. 3.3.10. Each party will commit appropriate resources in equipment, facilities and personnel reasonably necessary to complete its respective tasks in accordance with each Project, including the resources listed in such Project. 3.3.11. Except as set forth in Section 7.2 or as stated in a Project, Customer and IMI will each bear their own respective costs associated with the CDP Activities.
Appears in 1 contract
Sources: CDP Agreement (Intermolecular Inc)
CDP Activities. 3.3.1. Customer and IMI shall conduct CDP Activities in a collaborative effort pursuant to one or more written project statements (each, a "Project").
3.3.2. Each Project shall describe the activities to be conducted by each party.
3.3.3. Prior to the start of CDP Activities for each Project, the parties will categorize the Project as Project A or Project B.
3.3.4. In order for a Project to be categorized as Project A[***],
i. the cumulative duration of the Project (as measured by its start date and end date) shall be no more than [***] (the [***] period need not be continuous), and
ii. the Project consists of [***].
3.3.5. In order for a Project to be categorized as Project B[***],
i. the duration of the Project (as measured by its start date and end date) shall be greater than [***], and
ii. the Project consists of [***].
3.3.6. If the Project has not been categorized prior to its start date, such Project will be deemed to be Project [***] if the end date of the Project is greater than [***] after the start date, else such Project will be deemed to be Project [***].
3.3.7. Each Project shall have a start date and an end date.
3.3.8. The parties agree that at all times during the Term, at least [***] of FTEs provided by IMI in accordance with Section 3.4.1, shall be dedicated to projects categorized as Project B.[***].
3.3.9. Any revision to a Project shall be carried out pursuant to Sections 3.5, 3.6, 3.7, 3.8 and 3.9, and when agreed upon will be incorporated into this Agreement, superseding or supplementing the previous Project.
3.3.10. Each party will commit appropriate resources in equipment, facilities and personnel reasonably necessary to complete its respective tasks in accordance with each Project, including the resources listed in such Project.
3.3.11. Except as set forth in Section 7.2 or as stated in a Project, Customer and IMI will each bear their own respective costs associated with the CDP Activities.
Appears in 1 contract
Sources: CDP Agreement (Intermolecular Inc)