Common use of Research and Development Plan Clause in Contracts

Research and Development Plan. (1) Both parties’ technology research and development personnel shall spend 1-2 months in finding and classifying problems in the plant of Party A. (2) Both parties shall jointly develop, discuss and finalize an improvement plan within one month. (3) The research and development personnel of both parties respectively carry out technical reform, research and development efforts as per the finalized plan, and summarize, discuss and review the results when reaching certain point of progress. (4) The total length of the technical reform shall be two years.