This form creates an Area of Mutual Interest ( AMI ) comprising the Contract Area. During the term of this AMI, if any Party acquires all or any interest in any Oil and Gas Leases, any mineral interest, or any farmouts or other contracts which affect lands and minerals lying within the AMI, the Acquiring Party shall promptly advise each of the other Parties of the acquisition, at which time each Offeree shall have the right to acquire its proportionate interest in the Oil and Gas Interest.
San Jose California Area of Mutual Interest, also known as SCAM, is a collaborative framework established to foster mutual cooperation, knowledge sharing, and development among various sectors within the San Jose region. This initiative aims to bring together stakeholders from diverse industries, organizations, and communities to work collectively towards common goals and address shared challenges. The San Jose California Area of Mutual Interest functions as a platform for interdisciplinary collaboration, encouraging partnership opportunities in areas such as technology, innovation, entrepreneurship, urban planning, sustainability, and community development. By leveraging the strengths of each sector, SCAM seeks to create a more vibrant, resilient, and inclusive San Jose. Different types of San Jose California Areas of Mutual Interest may include: 1. Technology and Innovation: This area focuses on the development and implementation of cutting-edge technologies, fostering innovation-driven growth, and enhancing the region's digital infrastructure. Key topics of interest could include artificial intelligence, machine learning, big data analytics, Internet of Things, and smart city initiatives. 2. Sustainable Development: This area emphasizes sustainable urban planning, renewable energy, waste management, green transportation, and conservation efforts. Collaboration within this context aims to create environmentally friendly practices and mitigate the effects of climate change, ensuring a sustainable future for San Jose. 3. Entrepreneurship and Small Business: This area focuses on fostering entrepreneurship, supporting startups, and nurturing small businesses within the San Jose community. It involves creating networking opportunities, providing mentorship, facilitating access to capital, and offering resources to stimulate economic growth and job creation. 4. Community Engagement and Social Equity: This area aims to foster community engagement, inclusivity, and diversity. It involves collaboration between local government, nonprofits, and community organizations to address social challenges, promote social justice, enhance education, improve healthcare accessibility, and ensure equal opportunities for all residents of San Jose. 5. Art and Culture: This area emphasizes the promotion of arts, culture, and creative industries, recognizing their significant contribution to the region's distinct identity and quality of life. Collaboration within this area might involve supporting local artists, organizing cultural events, preserving historical heritage, and integrating art into urban development projects. By actively participating in the San Jose California Area of Mutual Interest, stakeholders can share expertise, resources, and best practices, collectively working towards the betterment of the region. Together, they can drive innovation, economic prosperity, sustainability, inclusivity, and strengthen the overall social fabric of San Jose, making it an exemplar city of the future.
