Common use of Development Reporting Clause in Contracts

Development Reporting. Representations, warranties and covenants; indemnification ........... 10 6.1 PERMATEC's ..................................................... 10 6.1.1 Right to license ......................................... 10 6.1.2 No inability to receive approval ......................... 11 6.1.3 Clear rights ............................................. 11 6.1.4 Right to execute and perform ............................. 11 ***** - Denotes portions omitted pursuant to a request for confidentiality under Rule 24b-2 of the Securities Exchange Act of 1934. A copy of this agreement with the omitted information intact has been filed separately with the Securities and Exchange Commission.