- 13 - allowed the manufacturing of any discoveries outside of Israel without the express written consent of the Chief Scientist. There was no assurance that such consent would be considered or granted. The Chief Scientist agreements also restricted I-Tech from transferring, selling, or using the know-how28 derived from research and development in Israel without the Israeli Government’s approval. There was no assurance that such consent would be considered or granted. In the event that the R&D companies failed to commercialize the technology within 5 years from the termination of the project, the rights to the technology passed to the Israeli Government. Exploitation of Research 1. Efrat Efrat’s marketing and manufacturing plans were stated in the PMM, in part, as follows: Efrat is negotiating with several PBX manufacturers and distributors regarding the marketing of Efrat’s TAVOR system. Preliminary discussions have been held with several hotel chains and brokerage houses. * * * * * * * 28Know-how includes any process, method, patent of invention and any trademark, blueprint, plan, written material, computer program, model and prototype which are a result or a part of the research program.Page: Previous 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 Next
Last modified: May 25, 2011