Business Development Agreement Sec

BUSINESS DEVELOPMENT AGREEMENT (“agreement”) is entered into on October 23, 2006 between Cargill, Incorporated, a Delaware company, through its Emerging Business Accelerator (“Cargill”) division, and Environmental Power Corporation, a Delaware company (“EPC”), and its wholly owned subsidiary, Microgy Inc., a Colorado company (“Microgy”). In this context, the EPC and Microgy are jointly referred to as “parts of the CEP” and individually “part of the CEP.” Cargill and the CPE parties are collectively referred to as “parties” and individually “party.” The terms used here, not otherwise defined, used in this term and not otherwise defined, have the meanings attributed to them in Article X. 5. That the second party of the First Party currently has concrete leadership with details on one of the ————————————————————————————-. In this regard, the second part makes available all possible professional and advisory activities, with comprehensive field investigation, technical investigation, market investigation, etc., which are supposed to be very useful and useful to the first part in determining the details of the above offer. The first part is responsible for offering the above offer and indicating rates according to its own business considerations. 11.4 Full agreement; modification. This agreement constitutes the entire agreement between the parties on the purpose of this agreement and replaces all prior written or oral agreements or agreements prior to this agreement. This agreement can only be amended by a letter signed by an agent of both parties. 11.3 Disposal. The rights, obligations and privileges of one of the contracting parties in this agreement are neither transferred nor transferred, in whole or in part, to the other party without the prior written consent of the other party.

If the customer sells his belongings to third parties, such consent from the developer is not unduly retained. 1.3 Changes in scope. In the event that the customer wishes to make changes to the plant, the customer must submit a detailed proposal to the developer in writing indicating the desired changes (“change requirement”). The developer will evaluate any request for changes to standard prices and royalties. The developer must send a written response to the customer within business days of the business days after receipt (“Response to change requests”). The response to the developer`s requests for change contains a statement on the availability of the developer`s staff and resources, as well as any impact that the proposed changes will have on the price, delivery dates, delivery items or warranty provisions of this Agreement. The Customer will do everything in his power to accept, reject or propose any response to the change requirement within business days of the business days after receipt.

Tags :