Model Year Program definition
Model Year Program means a set of changes, maintenance and developments that describe a model year or model variation of the [***] Vehicle and relating to [***] Technology. This expressly does not include any changes, maintenance and development that is captured under a specific Running Changes activity. “Non-patented IP” means copyrights (including rights in computer software), database rights, semiconductor topography rights, rights in designs, and other intellectual property rights (other than Trademarks and Patents) and all rights or forms of protection having equivalent or similar effect anywhere in the world, in each case whether registered or unregistered, and registered includes registrations, applications for registration and renewals whether made before, on or after execution of this Agreement. “NPDS” means Geely’s procedures in development projects, ‘New Product Development System’. “[***] Base Vehicle IP” means the Polestar Background IP developed under the [***] Development Service Agreement (as referred to in the Background-section). “[***] Framework Agreement“ means the agreement entered into between Polestar Performance AB, Geely Auto Group Co., LTD and Renault Korea Motors Co. Ltd on November 9, 2023. “[***] Licensed IP” means the Polestar Background IP in PMX-parts as described in Appendix 1C to the [***] License Agreements (as referred to in the Background-section). “[***] Project” means the [***] project which includes inter alia development (including all necessary licenses), manufacturing, sales and certain aftermarket services and change management of the [***] Vehicle and other relevant activities by Geely Auto Group Co. Ltd. and its Affiliates and/or Polestar and its Affiliates. “[***] Technology” means [***] Common IP and [***] Unique IP. - “[***] Common IP” means IP created as part of the Results which are related to parts being classified as Common Components in a Change Agreement. For clarity, Agreement No.: GEE24-043 Page 8 / 43 this category shall capture technology to be used by both the [***] Vehicle and other vehicles developed by Geely. - “[***] Unique IP” means IP created as part of the Results which are related to parts being classified as Unique Components in a Change Agreement. For clarity, this category shall capture technology that is uniquely used in the [***] Vehicle. “[***] Vehicle” shall have the meaning ascribed to it in A. of the Background-section. “Patent” means any patent, patent application, or utility model, whether filed b...
Examples of Model Year Program in a sentence
Both Parties agree to act in good faith to address and respond to any requested Model Year Program without undue delay.