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Cooperation Agreement

 

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Title:

Cooperation Agreement

Entities:

Israel Technology Acquisition Corp.

Date:

2007

Size:

15KB total

Price:

$40

ID:

#3013275

 

 

► Business ► Cooperation Agreements

 

 

Start of Preview


 
COOPERATION AGREEMENT

BETWEEN

IXI Mobile (R&D) Ltd.
17 Hatidhar st.
Ra?anana 43665
Israel

AND

[*]

This Cooperation Agreement, hereafter mentioned ?Agreement?, dated as of [*] (the "Effective Date"), agreed between IXI Mobile (R&D) Ltd. hereafter mentioned: "IXI", and [*], hereafter mentioned: "[*]";

WHEREAS, [*] desires to purchase from IXI (as a supplier of the CT-12 devices and associated accessories and services) the CT-12 device including accessories and services, and IXI desires to engage as the supplier.

NOW, THEREFORE, the parties agree as follows:


1.  Scope of this Agreement

1.1
This Agreement sets forth the undertaking of the parties for [*] to purchase from IXI 4 versions of the CT-12 device and associated accessories (hereon known collectively as the ?Products?). The 4 versions of the Products differ in the branding of the user interface (splash screen and scheme colors) and shall be delivered by IXI as follows:

 
a)
branding ?[*]?
 
b)
branding ?[*]?
 
c)
branding ?[*]?
 
d)
IXI Standard user interface.
 
Cooperation Agreement between IXI Mobile (R&D) Ltd. and [*]
 
Page 1of 9

 
It is hereby agreed that the first shipment of [*] products shall be delivered with IXI standard user interface (option 1.1d in this Sub-section).

1.2
The specification for the CT-12 device is attached as ANNEX II.

1.3
The Products will be delivered with software (firmware) in German language.

1.4
The execution of this Agreement shall constitute a binding purchase order from [*] to IXI for the first quantity of [*] Products (and related services) which will be delivered according to the project plan attached as Annex III hereto. Furthermore, [*] commit to the purchasing quantities of the Products (and related services) as noted in Table I below during [*]. The delivery schedule of such quantities shall be mutually agreed by [*] and IXI seperately.

1.5
After signing this Agreement, IXI will immediately start with the realisation and technical implementation of the Products and shall provide [*] with the implementation, customization & integration services related to the Products for [*], as described in ANNEX I, based on the project plan as described in ANNEX III.

1.6
From the second delivery on, IXI shall deliver the Products with an integrated browser. All CT-12 devices out of the first delivery of [*] pieces can be updated to this browser.

1.7
In case a requirement will be provided by [*] which requires additional technical research and resources or any other modification of the Product?s software and/or hardware, the parties will discuss this separately.
 
2. Prices / Payment

2.1 In return, [*] will pay IXI the following amounts against invoice:
 
   
Service*
 
Price
Project Delivery
 
[*]
 
[*]
   
[*]
 
[*]
   
[*]
 
[*]
 
*Description of the services is provided in ANNEX I

Payment terms for the project delivery will be as follows:
[*]
[*]
[*]
 
Cooperation Agreement between IXI Mobile (R&D) Ltd. and [*] 
Page 2of 9

 
2.2 Table I - Product Prices and purchase commitments



 
 
 
 
 
[*]
 
[*]
Delivery not before [*]

End of Preview

 

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