Scope of Project and Responsibilities of the Parties. A. Scope of Project. Detailed tasks and milestones will be developed and included in this agreement as an attachment as Project work progresses. The Company shall be responsible for providing a Principal Investigator to work with Brown toward the completion of the Project.
All parties agree to exercise due care in handling such property.
However, each party agrees to be responsible for any damage to its property which it suffers in the performance of this agreement and to waive any claim against the other party for such damage, whether arising through negligence or otherwise, except for intentional or malicious acts of the party responsible for the damage. There will be no transfer of funds or other financial obligation between the parties in connection with this agreement. Each party will fund its own participation under this agreement. Liability and Risk of Loss. To the extent that a risk of damage or loss is not dealt with expressly in this agreement, such party's liability to the other party, whether or not arising as the result of alleged breach of this agreement, shall be limited to direct damages only and shall not include any loss of revenue or profits or other indirect or consequential damages.