Terms and Conditions of Contracts for Projects from POME by Gautam Koppala VT
part of a sale of a product or system.
Licenses to suppliers for the use of Project/ Product/ Service Organizations intellectual property to produce a part or system
Licenses to third parties for the use of Project/ Product/ Service Organizations intellectual property to repair or maintain.
Software Licenses to third parties of software developedin whole or in part by Project/ Product/ Service Organizations intellectual property
Divestures of businesses or product lines
All other transactions in which the transfer of intellectual property rights is a significant element of the transaction.
Surety Bonds:
On occasion, Project/ Product/ Services Organization is required to provide a surety bond,to a prospective customer as a condition of submitting a proposal (e.g., a bid bond) or to a customer in accordance with a requirement in Project/
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