Common use of MATERIAL SAMPLES Clause in Contracts

MATERIAL SAMPLES. If any of the Information delivered by Liquidmetal or its Representatives to Company consists of samples of amorphous alloys or samples of other materials (referred to as "Materials"), then Company shall not take or send the Materials to any location other than the facilities of the Company without the prior written consent of Liquidmetal. The Company acknowledges that the Materials may be experimental in nature and shall be used with prudence and appropriate caution. The Company will not engage in any testing or processing of the Materials (including, but not limited to, any grinding, melting, milling, or machining of the Materials) without the express prior written consent of Liquidmetal. In no event shall Liquidmetal be liable for any use by the Company or its Representatives for any loss, claim, damage, or liability, of any kind or nature, that may arise from or in connection with the use, handling, or storage of the Materials, and the Company agrees to indemnify and hold harmless Liquidmetal and Liquidmetal's Representatives from any liability, loss, or damage they may suffer as a result of claims, demands, costs, or judgments against them arising out of the use or disposition of the Materials by the Company.

Appears in 2 contracts

Sources: Settlement Agreement, Settlement Agreement (Liquidmetal Technologies Inc)