Tech-X definition
Examples of Tech-X in a sentence
This Agreement is the exclusive agreement between Licensee and Tech-X concerning the Software and may be modified only by a writing signed by Licensee and Tech-X.
Unless otherwise agreed by Tech-X, Licensee shall pay all fees net thirty (30) days from date of invoice.
Licensee shall pay license fees specified for the Software in accordance with the terms of the License Fee Agreement with Tech-X, or if not specified therein, in accordance with the then-current price sheet for the Software, as provided by Tech-X from time to time.
Where the TechX Partner expresses no interest in proceeding with commercialisation of the PTI it shall destroy or return all materials provided to it by Slipstream Commercialisation.
Where the TechX Partner expresses interest to proceed with the commercialisation of the PTI, it shall negotiate in good faith with BiG the terms and conditions for its commercialisation.
Nothing in this TechX Agreement nor any expression of interest in commercialising the PTI, confers, transfers or licenses any rights to the intellectual property relating to the PTI, nor creates any other contractual rights or binding legal obligations unless pursuant to a separate and subsequent legal agreement.
Where the TechX Partner expresses interest to proceed with the commercialisation of the PTI it shall negotiate in good faith with Slipstream Commercialisation the terms and conditions for the commercialisation of the PTI.
Where the TechX Partner expresses no interest in proceeding with commercialisation of the PTI it shall destroy (and confirm to BiG its destruction in writing), or return to BiG, the Description and any other materials relating to the PTI.
The StartHere! events are also supported through the regional entrepreneurship network, with partners including Techscaler, NZTC’s TechX, ETZ and ONE (UIF+).
Nothing in this Commercialisation Technology Exchange Agreement obligates the TechX Partner to commercialise the PTI or enter into any other binding legal agreements.