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Sample Business ContractsSponsored LinksXiamen Longtop System Co., Ltd. And College of Computer, National University of Defense Technology Agreement on Establishing a Joint Lab for Advanced Software Technology Party A: Xiamen Longtop System Co., Ltd. Party B: College of Computer, National University of Defense Technology With a view to a long-term cooperative relationship, Party A and Party B decide to set up the "Joint Lab for Advanced Software Technology between Longtop and College of Computer, NUDT". Abiding by the principles of "cooperation between school and enterprise, complementation of advantages, risk sharing and interest sharing", hereby enter into this Agreement with respect to relevant issues. I. Purpose of Joint Lab The Joint Lab will be the hub of the cooperative relationship between both parties and an effective way of developing cooperative activities. The purpose of establishment of this Joint Lab is to:
II. Composition of Joint Lab
III. Research Fields of Joint Lab Presently, the Joint Lab will be focused on the research of key technologies in the following fields:
IV. Operation Method of Joint Lab Party A will bear the establishment expenses and R & D expenses of the Joint Lab, totaling RMB 9.4 million, involving the construction of the basic working environment of the Joint Lab, equipment and R & D tools as well as necessary R & D expenses. Party B will assign at least 10 project researchers to the Joint Lab and others are to be staffed according to actual needs. Cooperation projects are mainly divided into the following types:
Tackling key technical problems means that the Expert Committee determines the cooperation projects for tackling key technical problems based on the fields Party A serves. Party A pays project research expenses to Party B and Party B provides the results after tackling key technical problems to Party A, including technical support for prototype system and Party A's second development.
Consulting and training mean that Party B provides consulting services for Party A's technical proposals and technical training for Party A's personnel based on the requirements raised by Party A. Party A pays consulting and training expenses to Party B.
Product marketing means the sales and marketing of developed products. At this stage, both parties will be entitled to profit distributions based on their respective involvement. Party A will be committed to launching products in the market in terms of sales, public relations and technical support through its marketing and sales system. Party B will assign several person to assist Party A in providing sound technical support for users. Both parties will make joint research on the problems to make the system more mature in order to bring more benefits to them.
Market project cooperation means that by making use of their market and technical advantages, both parties cooperate to win market projects and implement the research and development of application systems. At this stage, both parties will be entitled to profit distributions based on their respective involvements and contributions to projects. V. Rights and Obligations of Joint Lab The Joint Lab is a link for mutual cooperation. The rights and obligations of both parties are as follows:
VI. Profit Distribution of Joint Lab The profit distribution scheme for both parties is as follows: Profits will be distributed to both parties on a certain pro-rata basis depending on the technology source of translated results (i.e. new products), their respective involvements in product development, product marketing and market project cooperation as well as market performance of products. Specific distribution percentages are to be agreed upon by both parties according to the specific situations of different projects. VII. Payment Party A shall pay RMB 2.2 million to Party B within 5 workdays after the signing of this Agreement; pay RMB 2 million before the ends of 2002, June 2003 and October 2003 respectively. The remaining RMB 1.2 million shall be paid up before the end of 2004. After the Expert Committee examines the work of the Joint Lab, for the insufficient portion to be borne by Party B, both parties will sign a supplementary agreement. This Agreement shall be valid for three years after it is signed by both parties. Both parties will make necessary supplements and amendments to this Agreement from time to time depending on the implementation and operation of the Joint Lab. This Agreement is executed in quadruplicate, two copies for each party. Party A: Xiamen Longtop System Co., Ltd. (seal) Signature (seal): [Company chop of Xiamen Longtop System Co., Ltd.] November 29, 2002 Party B: College of Computer, National University of Defense Technology (seal) Signature (seal): [Company chop of College of Computer, National University of Defense Technology] November 29, 2002 Supplementary Agreement to "Joint Lab for Advanced Software Technology" between Southeast Longtop and College of Computer, NUDT Party A: Xiamen Longtop System Co., Ltd. ("Southeast Longtop") Party B: College of Computer, National University of Defense Technology ("NUDT") With a view to a long-term cooperative relationship and based on the operations of the "Joint Lab for Advanced Software Technology" in previous two years, Party A and Party B, abiding by the principle of "pursuing practical results and seeking common development", hereby enter into this Supplementary Agreement with respect to relevant issues. I. Extension of the Cooperative Term of Joint Lab to June 30, 2007 Both parties agree to extend the cooperative relationship of "Joint Lab for Advanced Software Technology" to June 30, 2007. The cooperation expenses unpaid under the original agreement (RMB 900,000 in total) shall be paid in three installments in August 2005, July 2006 and May 2007 respectively (RMB 300,000 each time). II. Cooperation Coverage of Joint Lab
III. Other Cooperation Matters of Joint Lab The Joint Lab will also cooperate in the following aspects. An agreement may be signed to define the rights and obligations of both parties:
This Supplementary Agreement shall go into effect after it is signed by both parties. Both parties will make necessary supplements and amendments to this Agreement from time to time depending on the implementation and operation of the Joint Lab. This Agreement is executed in quadruplicate, two copies for each party. Party A: Xiamen Longtop System Co., Ltd. (seal) Signature (seal): [Company chop of Xiamen Longtop System Co., Ltd.] August 10, 2005 Party B: College of Computer, National University of Defense Technology (seal) Signature (seal): [Company chop of College of Computer, National University of Defense Technology] July 15, 2005 Supplementary Agreement Party A: Xiamen Longtop System Co., Ltd. Party B: College of Computer, National University of Defense Technology Through friendly negotiations, Party A and Party B hereby enter into this Supplementary Agreement with respect to the "Agreement on Establishing a Joint Lab for Advanced Software Technology" signed by both parties on November 29, 2002 and "Supplementary Agreement to Joint Lab for Advanced Software Technology" signed by both parties on August 10, 2005, on and subject to the terms and conditions as set forth below.
Party A: Xiamen Longtop System Co., Ltd. (seal) By: [signed and stamped with Company chop of Xiamen Longtop System Co., Ltd.] June 18, 2007 Party B: College of Computer, National University of Defense Technology (seal) By: [signed and stamped with College of Computer, National University of Defense Technology] June 18, 2007 Sponsored Links
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