SANYO definition
Examples of SANYO in a sentence
SANYO Initials & Date: HOKU Initials & Date: [*] = CERTAIN CONFIDENTIAL INFORMATION CONTAINED IN THIS DOCUMENT, MARKED BY BRACKETS, HAS BEEN OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO RULE 24b-2 OF THE SECURITIES EXCHANGE ACT OF 1934, AS AMENDED.
Sanyo shall be liable for any unauthorized disclosure of any HOKU confidential information to or by a company that SANYO sublicenses production to.
SANYO personnel will need to be accompanied by HOKU personnel to enter into any of the HOKU research and development facilities other than the Joint Laboratory.
Joint development Phases II and III will be completed at the SANYO facilities in Gunma, Japan.
If at any time SANYO comes in contact with Confidential Information through its relationship with HOKU that may create a conflict of interest for SANYO, including, but not limited to, SANYO’s own Fuel Cell or related research or another relationship with an entity that may benefit from the Confidential Information from HOKU, then SANYO shall notify HOKU of the conflict at its earliest possible convenience, but no later than seven (7) days after first becoming aware of such a conflict.
Due to the disparity in the relative sizes of the Parties, HOKU and SANYO agree not to hire as an employee or contractor, during the term of this agreement and for a three (3) year period after the expiration or termination of this Agreement, any individual that is employed by the other Party at any point during the term of this Agreement.
SANYO shall not have the right to develop, reverse engineer, manufacture, market, or sell the Hoku Membrane™, Liquid Hoku Membrane™, or any other technology owned exclusively by HOKU, without written consent by HOKU.
Any failure by SANYO to fulfill its payment obligation according to the dates and amounts prescribed in Exhibit D.
Any material violation by SANYO of the other covenants of this Agreement, and failure by SANYO to cure such violation within thirty (30) days after written notice from HOKU.
Cash Payment is defined as a development fee being paid to HOKU by SANYO.