Technological Cooperation Sample Clauses

Technological Cooperation. 1. The Parties shall establish a technological cooperation mechanism in order to develop their industrial sectors and infrastructure.The technological cooperation may be comprised of technology transfer and joint projects for the development of new technologies as well as other initiatives. 2. With this aim, the Joint Committee shall, no later than six months after the entry into force of this Agreement, define priority sectors for technological cooperation, and request the Parties' respective relevant authorities to identify specific projects and to establish mechanisms for their implementation.

Technological Cooperation. TIAS Number Agreement Title TIAS Number Agreement Title

Technological Cooperation. 2.1 The Parties respective fuel cell technologies are both alkaline based systems, however in all other respects there are major differences between them. First, Hydrocell uses gas hydrogen as its fuel while MORE uses a proprietary liquid fuel based upon sodium borohydride. Hydrocell also studies the use of ethanol, RME, diesel, glucose and possibly other hydrocarbon liquids and gases to be used as a fuel. Second, Hydrocell has developed regenerative carbon dioxide filtering technology, which is used in Hydrocell's fuel cells. Each party has developed its own unique anode technology as well as its own power management elements to its systems. In addition the architecture and design of the respective Party's systems are very distinct. The Parties believe however that they may each have technological value to contribute to the other and they have decided to investigate areas of cooperation. In the event that during their cooperation hereunder the Parties create Joint Technology, then each Party will have equal rights of ownership and use of such Joint Technology in its products when separately agreed for the specific project, provided however that the sale of such Joint Technology or the grant of the right to use same to a third Party will require the written agreement of both Hydrocell and MORE. 2.2 The first area of cooperation to be studied will be in the use of an alkaline gel divider that Hydrocell and MORE are developing for use with MORE's power pack products. The Parties have been developing the gel prior to this Agreement and they intend to complete that effort in accordance with the Statement of Work GEL Development ("SOW GEL") attached hereto as Annex 1. The Parties will enter into a separate supply and license agreement which will come into effect upon successful completion of that development and which will provide: 2.2.1 The supply by Hydrocell of quantities of the gel in the early stages of the MORE development phase of its new products using the gel. The price of the gel for the development phase will be 15 US$/ 100ml of gel in orders less than 20 liters and 10 US$/ 100ml in orders more than 20 liters. 2.2.2 A transfer to MORE of the production data package, including the sale of the necessary tooling to MORE by Hydrocell, to enable MORE to manufacture large quantities of the gel for its products. Hydrocell will be paid its costs in this transfer phase. Thereafter MORE will either purchase the gel from Hydrocell at a mutually agreed price or ...