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Exhibit 10.52
 RESEARCH & BUSINESS DEVELOPMENT AGREEMENT
    Photon Dynamics Inc.,
 Lam Toshima Solar LLC,
 Dr. Kam Law
  Masato Toshima LLC




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TABLE OF CONTENTS
 PageARTICLE 1Definitions
    
    
    1Section 1.01.
    
    Definitions
    
    
    1Section 1.02.
    
    Other Definitional and Interpretative Provisions
    
    
    4ARTICLE 2Scope of Research & Business Development
    
    
    4Section 2.01.
    
    Responsibilities and Funding
    
    
    4Section 2.02.
    
    Steering Committee
    
    
    6Section 2.03.
    
    Human Resources
    
    
    4ARTICLE 3Intellectual Property Rights
    
    
    8Section 3.01.
    
    Rights in Background IP and Program IP
    
    
    8Section 3.02.
    
    Licensing and Option of Background IP and Program IP
    
    
    9Section 3.03.
    
    Termination of Option
    
    
    11Section 3.04.
    
    Right of First Offer
    
    
    11Section 3.05.
    
    Option on Fields of Use
    
    
    12ARTICLE 4Program Budget and Payment
    
    
    13Section 4.01.
    
    Program Budget
    
    
    13ARTICLE 5Confidentiality
    
    
    14Section 5.01.
    
    Confidential Information
    
    
    14Section 5.02.
    
    Restricted Use
    
    
    14ARTICLE 6Representations and Warranties
    
    
    15Section 6.01.
    
    Representations of Both Parties
    
    
    15Section 6.02.
    
    Representations by LTS
    
    
    15Section 6.03.
    
    No Representation by Principals
    
    
    16ARTICLE 7Term and Termination
    
    
    16Section 7.01.
    
    Term
    
    
    16Section 7.02.
    
    Termination for Cause
    
    
    16




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PageSection 7.03.
    
    Survival of Work Plans
    
    
    17Section 7.04.
    
    Survival
    
    
    18ARTICLE 8Indemnification
    
    
    18Section 8.01.
    
    Indemnification for Research & Business Development
and Development
    
    
    18Section 8.02.
    
    LIMITATION OF LIABILITY
    
    
    18Section 8.03.
    
    Notice of Claim
    
    
    18ARTICLE 9IP Protection and Enforcement
    
    
    18Section 9.01.
    
    Prosecution and Protection of Inventions in Program IP
    
    
    18ARTICLE 10Miscellaneous
    
    
    20Section 10.01.
    
    Dispute Resolution
    
    
    20Section 10.02.
    
    Non-solicitation
    
    
    22Section 10.03.
    
    Assignment
    
    
    22Section 10.04.
    
    Independent Contractors
    
    
    22Section 10.05.
    
    Severability
    
    
    22Section 10.06.
    
    Entire Agreement
    
    
    22Section 10.07.
    
    No Waiver
    
    
    23Section 10.08.
    
    Force Majeure
    
    
    23Section 10.09.
    
    Notices
    
    
    23Section 10.10.
    
    Counterparts
    
    
    23Schedule A
    
    Work PlanSchedule B
    
    Program Budget and PaymentAppendix 1
    
    Confidentiality AcknowledgementAppendix 2
    
    Escrow Agreement




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RESEARCH & BUSINESS DEVELOPMENT AGREEMENT
 Effective Date PDI LTS Principal Principals Party Parties
 WITNESSETH:
 Research & Business
Development Program
  Definitions
 . Definitions.
  12-Month Funding Point
 Affiliate control controlling controlled affiliated
 Area of Responsibility
 1




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Background IP
 Confidential Information Confidential
Information
 Fair Market Value
 Field of Use
 Intellectual Property
 Milestones
 Patents
 2




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PDI Interest
 PECVD Chamber IP
 Program Budget
 Program IP
 Work Plan
  Term
    
    Section12-MP
    
    2.01(a)18-MP
    
    2.01(a)Agreement
    
    PreambleConfidentiality Acknowledgement
    
    2.03(a)Cure Period
    
    7.02Dispute
    
    2.02(b)Effective Date
    
    PreambleExercise Date
    
    3.02(b)Initial Term
    
    7.01LTS
    
    PreambleNegotiation Period
    
    3.02(b)Option IP
    
    3.02(b)Option Period
    
    3.02(b)Party(ies)
    
    Preamble
 3




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Term
    
    SectionPDI
    
    PreamblePrincipal(s)
    
    PreambleRenewal Term
    
    7.01Steering Committee
    
    2.02(a)Research & Business Development Program
    
    PreambleTerm
    
    7.01
 . Other Definitional and Interpretative Provisions.
 Scope of Research & Business Development
 . Responsibilities and Funding.
   4




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12-MP 18-MP
       5




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provided
       . Steering Committee
  Steering Committee
 6




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Dispute
 Human Resources
   7




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provided
 Confidentiality
Acknowledgement
    Intellectual Property Rights
 . Rights in Background IP and Program IP.
        8




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. Licensing and Option of Background IP and Program IP.
    9




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Option IP Exercise Date Option
  provided
       Option Period
 10




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Negotiation Period
  provided however
  provided
 . Termination of Option.
      . Right of First Offer.
  11




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Crystalline License
 provided
  provided
 . Option on Fields of Use.
  Field of
Use Option Field of Use Option Period Field of Use Exercise Date Field of Use Negotiation Period
  12




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Gross Margin Royalty
     provided however
 Program Budget and Payment
 . Program Budget.
 13




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Confidentiality
 . Confidential Information. provided
 . Restricted Use.
     provided however provided, however
 14




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Representations and Warranties
 . Representations of Both Parties.
      . Representations by LTS.
     15




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. No Representation by Principals.
 Term and Termination
 . Term.
 Initial Term provided
 Renewal Term Term
 . Termination for Cause.
   16




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provided Cure Period
 provided
       . Survival of Work Plans.
 17




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. Survival.
 Indemnification
 . Indemnification for Research & Business Development and Development.
 . LIMITATION OF LIABILITY.
  . Notice of Claim.
 IP Protection and Enforcement
 . Prosecution and Protection of Inventions in Program IP
  18




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19




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Miscellaneous
 . Dispute Resolution.
   20




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Error! Bookmark not defined. Error! Bookmark not defined. Error! Bookmark not defined.
  21




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. Non-solicitation. provided
 . Assignment.
 . Independent Contractors.
 . Severability.
 . Entire Agreement.
 22




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. No Waiver.
 . Force Majeure.
 . Notices.
 . Counterparts.
  23




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Accepted and agreed to:
PDI, INC.By:
    /s/ Jeffrey HawthorneName:
    Jeffrey HawthorneTitle:
    President and CEO LTS LLCBy:
    /s/ Kam LawName:
    Kam LawTitle: Dr. Kam LawBy:
    /s/ Kam LawName:
    Kam LawTitle: Toshima LLCBy:
    /s/ Masato ToshimaName:
    Masato ToshimaTitle: 24