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Document Preview Engineering and Development Agreement |
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Title: |
Engineering and Development Agreement |
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Entities: |
Lockheed Martin Corp.; Lockheed Martin Services, Inc.; Lockheed Martin Space Operations; Varitek Industries Inc. |
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Date: |
2003 |
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Size: |
34KB total |
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Price: |
$39 |
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ID: |
#147063 |
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Start of Preview |
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CONTRACT
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Contract Number |
VSG-2001-002 |
Between
LOCKHEED MARTIN [LOGO]
Lockheed Martin Services, Inc.
Lockheed Martin Space Operations
And
VARITEK [LOGO]
Varitek Industries, Inc.
For
VARILINK PHASE I AND PHASE II
PROPRIETARY NOTICE
The information contained herein is proprietary to Lockheed Martin Services, Inc., is to be used by Varitek Industries, Inc. solely for the purpose of this Contractual relationship, and shall not be disclosed in whole or in part to any other party without the prior written permission of Lockheed Martin Services, Inc.
Table Of Contents
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ARTICLE 1. SCOPE OF WORK |
2 | |
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ARTICLE 2. CONTRACT PRICE |
3 | |
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ARTICLE 3. TAXES |
4 | |
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ARTICLE 4. DELIVERY |
4 | |
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ARTICLE 5. PAYMENT |
4 | |
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ARTICLE 6. INSPECTION AND FINAL ACCEPTANCE |
6 | |
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ARTICLE 7. ACCESS TO WORK |
6 | |
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ARTICLE 8. EXCUSABLE DELAYS |
6 | |
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ARTICLE 9. DATA RIGHTS |
7 | |
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ARTICLE 10. DISCLOSURE AND USE OF INFORMATION BY THE PARTIES |
7 | |
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ARTICLE 11. PROPERTY LIABILITY AND INDEMNIFICATION |
9 | |
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ARTICLE 12. LIMITATION OF LIABILITY |
9 | |
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ARTICLE 13. EXPORT REQUIREMENTS |
9 | |
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ARTICLE 14. ARBITRATION |
10 | |
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ARTICLE 15. PUBLIC RELEASE OF INFORMATION |
11 | |
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ARTICLE 16. WARRANTY |
11 | |
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ARTICLE 17. MISCELLANEOUS PROVISIONS |
11 | |
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ARTICLE 18. ENTIRE AGREEMENT |
13 | |
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EXHIBIT A STATEMENT OF WORK |
14 | |
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EXHIBIT B DISCREPANCY REPORT SEVERITY DEFINITION |
16 | |
| LOCKHEED MARTIN [LOGO] | VARITEK [LOGO] |
PREAMBLE
THIS CONTRACT, made as of the 16th day of August, 2001, by and between VARITEK INDUSTRIES, INC. (hereinafter called VATK or Buyer), a company organized and existing under the laws of the State of Texas, U.S.A. and having its principal place of business at 8748 Clay Road, Suite 308, Houston, Texas 77080, and LOCKHEED MARTIN SERVICES, INC., (hereinafter called LMSI or Seller) a corporation organized and existing under the laws of the State of Delaware, U.S.A. and having a place of business at 2339 Route 70 West, Cherry Hill, New Jersey 08358, acting by and through its LOCKHEED MARTIN SPACE OPERATIONS (hereinafter called LMSO) business, with a principal office at 2625 Bay Area Blvd, Houston, Texas 77058. The Buyer and Seller may hereinafter be referred to individually as a Party and collectively as the Parties).
WITNESSES THAT:
WHEREAS, Buyer has the need to procure Engineering Services and
WHEREAS, Seller is willing to supply said Engineering Services;
NOW, THEREFORE, in consideration of the promises and mutual covenants contained herein, the Parties hereby agree as follows:
Article 1. Scope of Work
| A. | Seller shall provide its best efforts to deliver to the Buyer the Engineering Services as set forth in Article 2 of this Contract |
| B. | The Seller shall provide engineering services on a level of effort basis to support the Buyers Phase I product launch to market and produce improvements toward a Phase II product. Any specific task requested outside this support will be evaluated on a case-by-case basis. (Added by Modification No. 3). |
| C. | Seller shall provide two office spaces at 3700 Bay Area Boulevard to include full service of common areas, janitorial services, reproduction equipment, utilities, security services, IT support, and local and long distance telephone service to the Buyer from March 1 through August 31, 2002. (Added by Modification No. 3) |
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