- 5 - benefits) for marketing. Thus, even should a successful product be delivered to the Partnership, it would take a marketing company [to] make the partnership successful. * * * On December 31, 1982, a Research Agreement between Knox and the partnership was executed. The partnership agreed to pay to Knox a flat fee $600,500. Article I of the Research Agreement specified the scope and definition of work as follows: Knox will carry on research and development work at the order and risk of the Partnership on a research program to develop new and unique computer software in the field of financial planning. It is understood that this software will cause computers to perform financial planning tasks in contrast with other such software, and/or real doubt exists as to the operational feasibility of developing the software. The proposed software should perform, at a minimum, the following functions: A. Convert the essential factors of qualitatively “unlike” investments, including stocks, real estate, fixed-interest investments (bonds, etc.), gold, foreign currencies, silver, commodities, collectables, etc., to a common “investment language” so that they can be analyzed, compared, and contrasted as though they were qualitatively identical; B. Allow the software user to imput [sic] the dissimilar investments, and receive back either the computer’s translation into its own “language”, or an analysis of the dissimilar investments which will allow the user to analyze them as though they were qualitatively similar; being then dissimilar only quantitatively; C. Cross reference, between apparently dissimilar investment choices, areas that are actually similar, such as where-- 1. Two investments are similar because they both are “leveraged”, such as real estate and commodities, orPage: Previous 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 Next
Last modified: May 25, 2011