Common use of Development Payment Clause in Contracts

Development Payment. In consideration for the purchase rights set forth in Article 3 of this Agreement, the royalty rights set forth in Article 4 of this Agreement and the right of participation set forth in Section 6.3 of this Agreement, Customer will make a development payment in accordance with the terms set forth in Exhibit A (the “Development Payment”). The Development Payment shall be used to fund the development of the Products. QPC shall have full control over the engineering and development process. Customer shall have no right to a refund of the Development Payment unless QPC notifies Customer that it is abandoning development of the Products.