Examples of New Technology

Examples of New Technology



Examples of New Technology in a sentence In the event the JSC agrees to include such New Technology under this Agreement for the Profit-Share Territory, then such New Technology will be included in the Sage Licensed Technology or the Biogen Licensed Technology, as applicable and will be subject to the terms and conditions of this Agreement, and the Parties will be bound by such New Technology Terms. With respect to the New Technology for the Profit-Share Territory, such Party will (a) promptly notify the JSC in writing and keep the JSC reasonably informed of any negotiations with respect to such right or license, including the proposed terms of any such license, and consider in good faith any comments of the other Party with respect thereto, and (b) in any event comply with the procedures set forth in Section 8.3.2.2 (Inclusion Process). In connection with the discussion of the New Technology Terms, the JSC may also discuss [**]. If the JSC does not agree to include such New Technology under this Agreement for the Profit-Share Territory as Sage Licensed Technology or Biogen Licensed Technology, as applicable, and one Party believes that such New Technology is [**], then the resolution procedure of Section 8.3.2.4 (New Technology Disputes) will apply. For clarity, with respect to New Technology other than [**], the Party proposing to acquire rights to such New Technology will have the right to obtain a license to such New Technology, but the other Party will not be bound by any agreement related to such New Technology or have any rights under, or cost-sharing obligations with respect to, such new Technology, unless such other Party agrees to include such New Technology under this Agreement. More Definitions of New Technology



More Definitions of New Technology New Technology or “Upgrade” means any enhancement(s) or addition(s) to Software (other than an Update) which Cadence does not make available to its commercial customers as a part of the standard Maintenance Services offering, but rather is only provided subject to payment of a separate fee. Acquired Cadence Software, New Technology and Upgrades are not covered by, and will not be provided in consideration of the Fees already paid by Customer unless otherwise specified in an Order.


New Technology means machinery, equipment, materials or methods of a different nature than those previously used by the Company that are new to the Bargaining Unit and will have a significant impact on Bargaining Unit employees. The Company and Union recognize that it is to their mutual benefit to ensure that the competitiveness of the organization is maintained through the continued introduction of New Technology. Within thirty (30) days of signing the Collective Agreement, the parties will establish a joint Management/Union Committee comprised of three (3) representatives of the Company and three (3) representatives of the Union. One member from each party will be designated as a permanent appointee to such Committee. The Committee will meet at least quarterly at the request of either party, unless otherwise mutually agreed. When the decision to introduce New Technology has been made the Company will notify the Union, through the Committee, of its intention, and of the anticipated effect it will have on Bargaining Unit employees. Such notification will be given six (6) months in advance. Where New Technology necessitates the acquisition of new abilities and knowledge, the Company will make every cost effective effort, to train and retrain employees, with preference being given to senior employees in the affected classification(s), in improving their qualifications in order to adapt to the technological change. In this regard, the Committee is responsible for defining problems, developing solutions to such problems, and recommending solutions to the employer. 1900 1901 1902 1903 1904 Should impasse be reached, either party may request the participation of the CAW National Office. 1905


New Technology. This means any force-feedback technology modification or addition made by Immersion, for the Planar Force Feedback Cursor Control Field of Use, other than a Defect Correction or Error-Correction, that when incorporated into a Planar Force Feedback Cursor Control Device, materially changes the utility, efficiency, market value, functional capability or application, and which is developed by Immersion on a non-exclusive basis and made "generally available" for use in Planar Force Feedback Cursor Control Devices in the Planar Force Feedback Cursor Control Field of Use and which is delivered by Immersion to Logitech as a tangible implementation pursuant to the terms of Section 7.4 ("New Technology"). For purposes of this definition, "generally available" shall mean offered under nonexclusive license to any one unaffiliated third party (other than the original third party for whom the technology, modification or addition was originally developed) for use in Planar Force Feedback Cursor Control Devices in the Planar Force Feedback Cursor Control Field of Use.

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