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ARKADOS GROUP INC | LEVITON MANUFACTURING CO. INC | ENIKIA LLC. RealDealDocs™ contains millions of easily searchable legal documents and clauses from top law firms. Search for free - click here. |
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EXHIBIT 10.21
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CONFIDENTIAL TREATMENT HAS BEEN REQUESTED FOR PORTIONS OF THIS EXHIBIT. THE
COPY
FILED HEREWITH OMITS THE INFORMATION SUBJECT TO THE CONFIDENTIALITY REQUEST.
OMISSIONS ARE DESIGNATED AS *. A COMPLETE VERSION OF THIS EXHIBIT HAS BEEN
FILED
SEPARATELY WITH THE SECRETARY OF THE SECURITIES AND EXCHANGE COMMISSION.
DEVELOPMENT
AGREEMENT
BETWEEN
ENIKIA
LLC
AND
LEVITON
MANUFACTURING CO. INC.
This Agreement, by and between ENIKIA LLC, a Delaware limited liability company
("Enikia"), with a place of business at 948 US Highway 22, North
Plainfield, NJ
07062, and LEVITON MANUFACTURING CO., INC. ("Leviton"), a Delaware
corporation
with a place of business at 59-25 Little Neck Parkway, Little Neck, NY
11362-2591, shall have an effective date of (Effective Date).
WHEREAS, Enikia has experience in the design and manufacture of power line
carrier chip sets and power line carrier applications in commercial sites; and
WHEREAS, Leviton has experience in the design, manufacture, marketing and
selling of devices and systems, which interface to the power line, for the
purpose of data, voice, video transmission and automation; and
WHEREAS, the Parties believe that there are business development opportunities
for power line carrier devices and systems, for retrofitting of Residential,
MDU/MTU and Light Commercial sites, with products incorporating technology and
products from both Enikia and Leviton; and
WHEREAS, the Parties desire to work together to develop such products.
THEREFORE, the Parties hereby enter into this Agreement.
1. DEFINITIONS
1.1
"Party/Parties" shall mean Enikia and/or Leviton.
1.2
*
1.3
"NDA" shall mean the Non-Disclosure Agreement dated 8 November
2002
between Enikia and Leviton.
1.4
"Enikia Product(s)" shall mean semiconductor chips, chip
sets(s) and
designs, including related
firmware and software, for incorporation in
electrical and/or, electronic
devices and/or PLC Products developed by
Enikia apart from those
developed under this Agreement.
1.5
*
1
<PAGE>
1.6
"Project" shall mean the effort to be undertaken by the
Parties hereto
pursuant to this Agreement for
the development and incorporation of
Enikia Special Products into
Joint PLC Products as described in
SCHEDULE A.
2 DEVELOPMENT PLANS, RESPONSIBILITIES.
PROJECT MANAGEMENT
2.1
*
2.2
*
2.3
*
2.4
It is the intention of the Parties to expand the number of Projects
being pursued in the future as
opportunities are identified by either
Party.
2.5
Enikia and Leviton shall cooperate with one another on Projects to
determine the responsibilities
and cost allocations of each Party.
2.6
*
3 PATENTS AND INVENTIONS
3.1
Each of the Parties hereby represents to the other that it has, or
will have, prior to
commencement of the Project, valid and sufficient
arrangements and agreements
with its respective employees and/or
nonemployee consultants, such
that the ownership of any and all
inventions pertaining to any
Joint PLC Products made by an employee
and/or consultant vests in the
Party hereto employing said employee
and/or consultant, subject to
the provisions of the applicable law
governing ownership of such
inventions.
3.2
Each of the Parties agrees to reasonably enforce its respective
intellectual property rights
against infringement of same by third
parties with regard to
inventions, copyrightable material, or
proprietary information for
products covered under the scope of this
Agreement.
3.3 All inventions, copyrightable
material, and proprietary information
made or developed jointly by
employees of Enikia and Leviton in
performance under this
Agreement, including, without limitation the
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