Technology Members Clause Samples

Technology Members as a condition of membership in the Consortium will make In-Kind Contributions equivalent to $50,000 as determined by the EC for use by the Consortium. The Executive Committee may change the level of In-Kind Contributions from time to time with at least ninety (90) days notice to Technology Members. Technology Members will receive the following benefits in consideration for their support. These benefits will extend to subsidiaries of Technology Members who are at least 50% owned by the Technology Members.