Agreement btwn Data Systems and Software, Inc., Israel Corp., Ltd. and Tower Semiconductor Holdings 1993, Ltd. to consummate the transaction dated Dec. 22, 1999. 13 pages
The Alaska Agreement between Data Systems and Software, Inc., Israel Corp., Ltd., and Tower Semiconductor Holdings 1993, Ltd., is a significant document that establishes a framework for collaboration and mutual benefit in the field of technology and semiconductor manufacturing. This agreement encompasses a range of important aspects that can be summarized as follows: 1. Purpose and Scope: The Alaska Agreement aims to define the terms and conditions under which Data Systems and Software, Inc., Israel Corp., Ltd., and Tower Semiconductor Holdings 1993, Ltd., will collaborate on various projects related to data systems, software development, and semiconductor manufacturing in the state of Alaska. 2. Collaboration Areas: The agreement covers a broad spectrum of collaborative activities such as research and development, joint ventures, joint marketing efforts, product integration, knowledge sharing, and resource pooling. It specifically emphasizes the exploration of cutting-edge technologies, innovation, and accelerated growth in the industry. 3. Intellectual Property Rights: The Alaska Agreement outlines the principles and guidelines for managing intellectual property rights arising from joint projects. It addresses issues related to ownership, licensing, protection, confidentiality, and the appropriate use of the intellectual property assets generated during the collaboration. 4. Financial Considerations: This section defines the financial aspects of the agreement, including investment commitments, funding mechanisms, profit sharing, and revenue distribution. It establishes the financial framework necessary to support the collaborative activities outlined in the agreement. 5. Dispute Resolution: In case of disagreements or disputes between the parties involved, the Alaska Agreement provides a framework for resolving such matters amicably through negotiation, mediation, or arbitration. It prioritizes maintaining a healthy and productive business relationship while ensuring all parties' rights and interests are protected. Different types of Alaska Agreements between Data Systems and Software, Inc., Israel Corp., Ltd., and Tower Semiconductor Holdings 1993, Ltd., may exist based on the specific projects or areas of collaboration. For example, there might be variations in agreements that focus on software development, semiconductor manufacturing, joint ventures, or research and development activities. Regardless of the specific focus, each variant of the agreement would contain similar key elements, tailored to the nature of the collaboration.
The Alaska Agreement between Data Systems and Software, Inc., Israel Corp., Ltd., and Tower Semiconductor Holdings 1993, Ltd., is a significant document that establishes a framework for collaboration and mutual benefit in the field of technology and semiconductor manufacturing. This agreement encompasses a range of important aspects that can be summarized as follows: 1. Purpose and Scope: The Alaska Agreement aims to define the terms and conditions under which Data Systems and Software, Inc., Israel Corp., Ltd., and Tower Semiconductor Holdings 1993, Ltd., will collaborate on various projects related to data systems, software development, and semiconductor manufacturing in the state of Alaska. 2. Collaboration Areas: The agreement covers a broad spectrum of collaborative activities such as research and development, joint ventures, joint marketing efforts, product integration, knowledge sharing, and resource pooling. It specifically emphasizes the exploration of cutting-edge technologies, innovation, and accelerated growth in the industry. 3. Intellectual Property Rights: The Alaska Agreement outlines the principles and guidelines for managing intellectual property rights arising from joint projects. It addresses issues related to ownership, licensing, protection, confidentiality, and the appropriate use of the intellectual property assets generated during the collaboration. 4. Financial Considerations: This section defines the financial aspects of the agreement, including investment commitments, funding mechanisms, profit sharing, and revenue distribution. It establishes the financial framework necessary to support the collaborative activities outlined in the agreement. 5. Dispute Resolution: In case of disagreements or disputes between the parties involved, the Alaska Agreement provides a framework for resolving such matters amicably through negotiation, mediation, or arbitration. It prioritizes maintaining a healthy and productive business relationship while ensuring all parties' rights and interests are protected. Different types of Alaska Agreements between Data Systems and Software, Inc., Israel Corp., Ltd., and Tower Semiconductor Holdings 1993, Ltd., may exist based on the specific projects or areas of collaboration. For example, there might be variations in agreements that focus on software development, semiconductor manufacturing, joint ventures, or research and development activities. Regardless of the specific focus, each variant of the agreement would contain similar key elements, tailored to the nature of the collaboration.