ST-Up Accelerator Program definition
ST-Up Accelerator Program or the "Program"). The Parties agree that the T&Cs will govern the relationships between the Parties concerning the Program. Participant further agrees that the participation to the Program from the Roadshow Phase (as described below) onward shall be subject to the condition of signing these T&Cs. ST-Up Accelerator Program is described in s described in [please add a link to the description of the program in the website] as an integral part thereof (”Program Description”). Participant agrees to the terms of the Program as described in the Program Description, including its phases as described below, and agrees that its participation in the Program shall be subject to such terms. For avoidance of doubts, in case of discrepancies between these T&Cs and the Program Description, these T&Cs shall prevail. ST reserves the right to modify the terms of the Program at any time at its sole discretion. In such event, ST shall make effort to ensure that such modification will not adversely affect the successful performance under the Program. Without limiting the foregoing, the dates and schedule of the Program are indicative only and are subject to possible adjustment by ST, at its sole discretion. The Program includes five (5) phases: (i) the Screening Phase; (ii) the Roadshow Phase; (iii) the Proof of Concept (PoC) Phase; (iv) the Acceleration Phase and the (v) Demo Day; all as defined and detailed in DescripFtion Program. Participant, who has passed the Screening Phase and has been admitted to the Roadshow Phase, acknowledges and agrees that the Roadshow Phase is a selection phase, during which ST determines, at its sole discretion, the suitability of Participants to continue to the subsequent phases of the Program; and, further, that during or upon completion of such Roadshow Phase, ST may, at its sole discretion and without any liability whatsoever to Participant, terminate Participant's participation in the Program. In such event, these T&Cs shall terminate and the provisions of Section 10.4 below shall apply. Participant acknowledges and agrees that the PoC Phase (Phase 3) depends on the Parties having agreed on, and having entered into, a Statement of Work (“SoW”) structured as the frame attached hereto as Annex A that will detail the specifications, schedule, the Parties' respective tasks, as well as other terms, including specific legal terms which will govern the joint project. Participant acknowledges and agrees that its selection by ST to the Program, its...
Examples of ST-Up Accelerator Program in a sentence
The Parties agree to exchange Confidential Information on the terms and conditions set forth in this Agreement, for the following purpose: to review the possibility of selecting the Company to participate in ST"s ST-Up Accelerator Program described at link: ▇▇▇.▇▇.▇▇▇/▇▇-▇▇ (the “ST-Up Program”), and to the extent selected, to perform the ST-Up Program.