Document:

Form of Technology License Agreement

 Exhibit 10.2 
 TECHNOLOGY LICENSE AGREEMENT 
  

			
	THIS	 	Agreement is between LightPath Technologies (“Licensor”) whose address is 2603 Challenger Tech Court #100, Orlando, FL 32826, and LightPath CDGM (Chengdu) Optical Co. Ltd., a Delaware
corporation having a principal place of business located at No 32 Xi Xin Avenue, High-New West Zone, Chengdu Municipality, Sichuan Province, the People’s Republic of China.(“Licensee”).

 TABLE OF CONTENTS 
  

			
		 	RECITALS
		
	1.	 	EFFECTIVE DATE
		
	2.	 	DEFINITIONS
		
	3.	 	WARRANTY, SUPERIOR RIGHTS AND REPRESENTATIONS
		
	4.	 	LICENSE
		
	5.	 	PAYMENTS AND REPORTS
		
	6.	 	TERM AND TERMINATION
		
	7.	 	ASSIGNMENT
		
	8.	 	INDEMNIFICATION AND INSURANCE
		
	9.	 	USE OF LICENSOR AND COMPONENT’S NAME
		
	10.	 	CONFIDENTIAL INFORMATION
		
	11.	 	ALTERNATE DISPUTE RESOLUTION
		
	12.	 	GENERAL
		
		 	SIGNATURES

 RECITALS 
 A. Licensor owns certain Technology Rights related to Licensed Subject Matter, which were developed by the Licensor. 
 B. Licensor desires to have
the Licensed Subject Matter used for the benefit of Licensee. 
 C. Licensee wishes to obtain a license from Licensor to practice Licensed Subject Matter.

 D. Licensor gives permission to Licensee to use Licensed Subject Matter. 
 NOW, THEREFORE, in consideration of the mutual covenants and premises herein contained, the parties agree as follows: 
 1. EFFECTIVE DATE 
 This Agreement is effective
                     (“Effective Date”). 

 2. DEFINITIONS     
 As used in this Agreement, the following terms have the meanings indicated: 
 2.1 “Affiliate”, with respect
to a -Party, shall mean any corporation, partnership, joint venture or other entity controlling, controlled by or under common control with such Party, but shall not include the Company; a person or entity shall be deemed to “control”
another person or entity if the former possesses, directly or indirectly, the power to direct or cause the direction of the management and policies of the latter. 
 2.2 “Licensed Field” means molded aspheric glass visible imaging lenses. 
 2.3 “Licensed Product” means any
product Sold by Licensee comprising Licensed Subject Matter pursuant to this Agreement. The Licensed Product is aspheric molded glass visible imaging lenses manufactured using the Licensed Subject Matter. The Licensed Subject Matter will enable the
Licensee to manufacture visible imaging aspheric lenses to the specifications of Exhibit A. 
 LightPath will do its best to continuously improve the press
technology and make it available to the JV so that it can be able to meet the market place technical requirement. 
 2.4 “Licensed Subject
Matter” means inventions and discoveries considered to be proprietary know-how or Technology Rights which are within Licensed Field, specifically: 
 (1) Molds:     
  

	 	a.	Optical design technology and mold design technology 

	 	b.	Preliminary machining and finish machining of the mold (ceramic mold and hard metal mold) 

  

	 	c.	Mold repairing technology 

  

	 	d.	Coating technology (precious metal coating) 

 (2) Molding
technology:     
  

	 	a.	Molding technology for various glasses. 

  

	 	b.	Use and maintenance of the press technology. 

 (3)
Metrology:     
  

	 	a.	Measurement and inspection of the molds. 

  

	 	b.	Measurement and inspection of molded glass lens. 

 2.5 “Net
Sales” means the gross revenues received by Licensee from the Sale of Licensed Products less sales and/or use taxes actually paid, import and/or export duties actually paid, outbound transportation prepaid or allowed, and amounts allowed or
credited due to returns (not to exceed the original billing or invoice amount). 
 2.6 “Sale, Sell or Sold” means the transfer or
disposition of a Licensed Product for value to a party other than Licensee. 

 2.7 “Technology Rights” means Licensor’s rights in technical information, know-how, processes,
procedures, compositions, devices, methods, formulas, protocols, techniques, software, designs, drawings or data created by Licensor before the Effective Date relating to the Licensed field. 
 3. WARRANTY: SUPERIOR-RIGHTS 
 3.1 Except for the rights, if any, of
the Government of the United States, as set forth below, Licensor represents and warrants its belief that (i) it is the owner of the entire right, title, and interest in and to Licensed Subject Matter, (ii) it has the sole right to grant
licenses thereunder, and (iii) it has not knowingly granted licenses thereunder to any other entity that would restrict rights granted to Licensee except as stated herein. 
 3.2 Licensee, by execution hereof, acknowledges, covenants and agrees that it has not been induced in any way by Licensor, or its employees to enter into this Agreement, and further warrants and represents that
(i) it has conducted sufficient due diligence with respect to all items and issues pertaining to this Article 3 and all other matters pertaining to this Agreement; and (ii) Licensee has adequate knowledge and expertise, or has utilized
knowledgeable and expert consultants, to adequately conduct the due diligence, and agrees to accept all risks inherent herein. 
 4. LICENSE

 4.1 Licensor hereby grants to Licensee a royalty-bearing, license under Licensed Subject Matter to manufacture and sell Licensed Products for use
within Licensed Field. This grant is subject to the payment by Licensee to Licensor of all consideration as provided herein. 

 4.2 Licensee may not grant sublicenses.     
 5. PAYMENTS AND REPORTS 
 5.1 In consideration of rights granted by
Licensor to Licensee under this Agreement, Licensee will pay Licensor the following: 
  

	 	a.	A running royalty equal to 3% of Net Sales for Licensed Products; 

 5.2
During the Term of this Agreement and for 1 year thereafter, Licensee agrees to keep complete and accurate records of its Sales and Net Sales of Licensed Products under the license granted in this Agreement in sufficient detail to enable the
royalties payable hereunder to be determined. Licensee agrees to permit Licensor or its representatives, at Licensor’s expense, to periodically examine its books, ledgers, and records during regular business hours for the purpose of and to the
extent necessary to verify any report required under this Agreement. If the amounts due to Licensor are determined to have been underpaid, Licensee will pay the cost of the examination and accrued interest at the highest allowable rate. 

5.3 Within 30 days after June 30 and December 31, beginning immediately after the Effective Date, Licensee must deliver to Licensor a true and accurate
written report, even if no payments are due Licensor, giving the particulars of the business conducted by Licensee, if any exist, during the preceding 6 calendar months under this Agreement as are pertinent to calculating payments hereunder. This
report will include at least: 

	 	a.	the quantities of Licensed Subject Matter that it has produced; 

  

	 	b.	the total Sales; 

  

	 	c.	the calculation of royalties thereon; and 

  

	 	d.	the total royalties computed and due Licensor. 

 Simultaneously with the
delivery of each report, Licensee must pay to Licensor the amount, if any, due for the period of each report. 
 5.4 On or before each anniversary of the
Effective Date, irrespective of having a first Sale or offer for Sale, Licensee must deliver to Licensor a written progress report as to Licensee’s efforts and accomplishments during the preceding year. 
 5.5 All amounts payable here by Licensee must be paid in United States funds without deductions for taxes, assessments, fees, or charges of any kind. Checks must be
payable to LightPath Technologies. 
 6. TERM AND TERMINATION     
 6.1 The term of this Agreement is from the Effective Date for a period of              years. 

 6.2 This Agreement will earlier terminate: 
  

	 	a.	automatically if Licensee becomes bankrupt or insolvent and/or if the business of Licensee is placed in the hands of a receiver, assignee, or trustee, whether by voluntary act of
Licensee or otherwise; or 

  

	 	b.	upon 30 days written notice from Licensor if Licensee breaches or defaults on its obligation to make payments (if any are due) or reports, in accordance with the terms of Article 5,
unless, before the end of the 30 day period, Licensee has cured the default or breach and so notifies Licensor, stating the manner of the cure; or 

  

	 	c.	upon 90 days written notice if Licensee breaches or defaults on any other obligation under this Agreement, unless, before the end of the 30 day period, Licensee has cured the
default or breach and so notifies Licensor, stating the manner of the cure; or 

  

	 	d.	at any time by mutual written agreement between Licensee and Licensor, upon 180 days written notice to all parties and subject to any terms herein which survive termination.

 6.3 If this Agreement is terminated for any cause: 
  

	 	a.	nothing herein will be construed to release either party of any obligation matured prior to the effective date of the termination; 

	 	b.	after the effective date of the termination, Licensee may sell all Licensed Products and parts therefor it has on hand at the date of termination, if it pays earned royalties
thereon according to the terms of Article 5; and 

  

	 	c.	Licensee will be bound by the provisions of Articles 8 (Indemnification), 9 (Use of Licensor Name), and 10 (Confidential Information) of this Agreement. 

 7. ASSIGNMENT 
 Except in connection with the sale of substantially
all of Licensee’s assets to a third party, this Agreement may not be assigned by Licensee without the prior written consent of Licensor, which will not be unreasonably withheld. 
 8. INDEMNIFICATION AND INSURANCE 
 8.1 Licensee agrees to hold harmless and indemnify Licensor, officers, employees
and agents from and against any claims, demands, or causes of action whatsoever, including without limitation those arising on account of any injury or death of persons or damage to property caused by, or arising out of, or resulting from, the
exercise or practice of the license granted hereunder by Licensee, its Affiliates or their officers, employees, agents or representatives. 
 8.2 In no event
shall Licensor be liable for any indirect, special, consequential or punitive damages (including, without imitation, damages for loss of profits or expected savings or other economic losses, or for injury to persons or property) arising out of or in
connection with this Agreement or its subject matter, regardless of whether Licensor knows or should know of the possibility of such damages. 

 8.3 Licensee shall maintain sufficient product liability insurance to protect itself and parent companies from the
adverse financial impact from lawsuits. 
 10. CONFIDENTIAL INFORMATION AND PUBLICATION 
 10.1 Licensor and Licensee each agree that all information contained in documents marked “confidential” and forwarded to one by the other (i) be received in strict confidence, (ii) be used only for
the purposes of this Agreement, and (iii) not be disclosed by the recipient party, its agents or employees without the prior written consent of the other party, except to the extent that the recipient party can establish competent written proof
that such information: 
  

	 	a.	was in the public domain at the time of disclosure; 

 later
became part of the public domain through no act or omission of the recipient party, it’s employees, agents, successors or assigns; 
  

	 	b.	was lawfully disclosed to the recipient party by a third party having the right to disclose it; 

  

	 	c.	was already known by the recipient party at the time of disclosure; 

	 	d.	is required by law or regulation to be disclosed. 

 10.2 Each party’s
obligation of confidence hereunder shall be fulfilled by using at least the same degree of care with the other party’s confidential information as it uses to protect its own confidential information. This obligation shall exist while this
Agreement is in force and for a period of 3 years thereafter. 
 11. ALTERNATE DISPUTE RESOLUTION 
 DISPUTE RESOLUTION 
 28.1 Arbitration 
  

	 	(a)	Any dispute arising from, out of or in connection with this Contract shall be settled through friendly consultations between the Parties. Such consultations shall begin immediately
after a Party has delivered to the other Party a written request for such consultation. If within ninety (90) days following the date on which such notice is given, the dispute cannot be settled through consultations, the dispute shall, be
submitted to China International Economic and Trade Arbitration Commission Shanghai Commission for arbitration according to its rules then in force. 

  

	 	(b)	There shall be three (3) arbitrators. Party A shall select one (1) arbitrator and Party B shall select one (1) arbitrator, and both arbitrators shall be selected
within thirty (30) days after giving or receiving the demand for arbitration. If a Party does not appoint an arbitrator who has consented to participate within thirty (30) days after the selection of the first arbitrator, the relevant
appointment shall be made by the Commission. A third arbitrator shall be mutually agreed by the two so appointed arbitrators and such third arbitrator shall not be a US or PRC national. If the arbitrators appointed by the Parties cannot agree
on the choice of the third arbitrator within a period of 30 days after their nomination, then the third arbitrator shall be appointed by the Commission with the condition that such arbitroar 

	 	 
shall not be a US or PRC national. The arbitral award shall be final and binding upon all Parties, and shall deal with the question of costs of arbitration
and all matters related thereto. 

 12. GENERAL 
 12.1 This Agreement constitutes the entire and only agreement between the parties for Licensed Subject Matter and all other prior negotiations, representations, agreements, and understandings are superseded hereby. No agreements altering or
supplementing the terms hereof may be made except by a written document signed by both parties. 
 12.2 Any notice required by this Agreement must be given
by prepaid, first class, certified mail, return receipt requested, addressed to: 
 LightPath Technologies 
 [Address] 
 or in the case of Licensee to: 

					
			
	 	 	 	 	
			
	 	 	 	 	
			
	 	 	 	 	
			
	 ATTENTION:
	 	 	 	

					
			
	 FAX:
	 	 	 	

					
			
	 PHONE:
	 	 	 	

 or other addresses as may be given from time to time under the terms of this notice provision. 

 12.5 Failure of Licensor to enforce a right under this Agreement will not act as a waiver of that right or the ability to
later assert that right relative to the particular situation involved. 
 12.7 If any part of this Agreement is for any reason found to be unenforceable, all
other parts nevertheless remain enforceable. 
 IN WITNESS WHEREOF, parties hereto have caused their duly authorized representatives to execute this
Agreement. 
  

													
	 LIGHTPATH TECHNOLOGIES
	 		 		 	 (LICENSEE)
	 	  

									
					
	 By
	 	  
	 		 	By	 	  

	 Name:
	 		 		 	Name:	 	
		 		 		 	Title:	 	
					
	 Date:
	 		 		 	Date:	 	

 Exhibit A 
  

			
	 Parameter
	  	Precision*
	Center thickness [mm]	  	±0.025
	Index nd	  	±0.002
	Diameter [mm]	  	±0.015
	Centration [mm]	  	±0.010
	Wedge [arcmin]	  	±4
	Power/Irregularity [fringes]	  	3/1
	Total RMS shape error [nm]	  	100
	Surface roughness [nm]	  	15
	Surface quality [scratch-dig]	  	60-40

  

	•	Manufacturability depends on size and shape of the optics, as well as production volume, and type of tooling.Form of Supply Agreement

 Exhibit 10.3 
 SUPPLY AGREEMENT 
 THIS SUPPLY AGREEMENT (this “Agreement”) dated as of
                     (the “Effective Date”), is by and between CDGM., a company organized under the laws of PRC with its principal
business offices at No. 6 South Jianshe Zhi Road, Chengdu City, Sichuan Province, PRC (“Supplier”), and LightPath CDGM Optical Company Ltd., a company organized under the laws of PRC with its principal business offices at No. 32
Xi Xin Avenue, High-New West Zone, Chengdu City, Sichuan Province, PRC (“Customer”). 
 RECITALS 
 A. Supplier is a manufacturer of moldable glass from which Customer can manufacture various lenses and other molded optics products. 
 B. Customer has provided Supplier with certain specifications set forth on Exhibit A attached hereto (the “LightPath CDGM Optical Specifications”) based upon
which Supplier will provide for use by Customer. 
 C. Customer and Supplier desire to enter into this Agreement pursuant to which Supplier shall produce and
sell to Customer, and Customer shall purchase from Supplier, Preforms with the LightPath CDGM Optical Specifications defined in Exhibit A. 
  

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 AGREEMENT 
 NOW, THEREFORE, in consideration of the premises and mutual promises hereinafter set forth, and upon the terms and subject to the conditions contained in this Agreement, Customer and Supplier hereby agree as follows: 
 1. Definitions. When used in this Agreement, each of the following terms shall have the following meanings: 
 (a) “Affiliate”, with respect to a -Party, shall mean any corporation, partnership, joint venture or other entity controlling, controlled by or under
common control with such Party, but shall not include the Company; a person or entity shall be deemed to “control” another person or entity if the former possesses, directly or indirectly, the power to direct or cause the direction of the
management and policies of the latter. 
 (b) Person. The term “Person” shall include not only individuals but also firms, associations,
partnerships, companies, corporations, trusts, governmental bodies and other entities. 
 2. Appointment of Supplier. Subject to the terms and conditions of
this Agreement, Customer hereby appoints Supplier as a supplier of preforms. Preforms shall be supplied to Customer in the form of glass balls of various sizes as set forth on Exhibit B attached hereto. 
 3. Term. The term of this Agreement shall be for the entire life of the Customer. 
 Supply of Preforms to Customer. 
 (a) Supply of Preforms. During the Term, Supplier agrees to supply Customer the number and sizes of Preforms as
ordered by Customer from time to time by Customer’s written purchase order, which purchase orders shall set forth the general terms and conditions of sale in Customer’s then standard form (the “Purchase Order”). Within two
(2) business day after receipt of a Purchase Order, Supplier shall execute and return to Customer an acknowledgment copy of such Purchase Order, together with a pro-forma invoice for the Preforms covered by that order. Supplier shall ship
ordered Preforms on or before the date specified in the Purchase Order. 
  

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 (b) Prices for Products. The prices charged by Supplier to Customer for the Preforms will be 90% of market value.

 (c) Shipment and Payment Terms. Terms of shipment of the Preforms from Supplier to Customer shall be C.I.F. Customer’s place of business. Payment for
Preforms shall be made in Ren Min Bi, in accordance with an invoice faxed or otherwise transmitted by Supplier to Customer. Each invoice shall state the date of shipment(s) of the applicable order(s) placed by Customer. Payment shall be sent by
Customer within forty-five (45) days after receipt by Customer of the applicable shipment. 
 (d) Certification and Information. Supplier shall include
with each shipment a certification in form and substance reasonably acceptable to Customer stating that the subject Preforms comply in respect with the Customer’s Specifications and shall further provide glass information, composition outlines,
hazard information, and such other information reasonably requested by Customer relating to the subject Preforms. 
 (e) Noncompliant Preforms. If Preforms
shipped to Customer do not comply with the Customer’s Specifications or the applicable Purchase Order, or are otherwise in a defective, damaged or unfit condition (other than as a result of any act by Customer), Customer will notify Supplier of
such event and may reject the shipment or the portion thereof that is noncompliant, defective, damaged or unfit and shall receive a credit thereof on the applicable invoice. If Customer has made payment for all or any portion of such shipment,
Supplier shall immediately refund Customer for the price paid for any rejected Preforms and all costs incurred by Customer in returning such Preforms. Supplier will have no obligation to replace or refund the cost of Preforms that are damaged by
Customer. 
  

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 7. Quality Control. Customer will provide Supplier with two sets of standard glass prefroms (the “Compliance
Sets”) for the purpose of inspecting and comparing the quality of the Preforms manufactured for Customer with the Customer’s Specifications and determining compliance therewith. 9. Breach and Termination. 
 9. Breach and Termination. 
 (a) Termination by Supplier. Supplier shall
have the right to terminate this Agreement by giving written notice to Customer if any of the following conditions occur: 
 (i) If Customer defaults in the
performance or observance of any of its obligations under this Agreement or any Purchase Order and such default continues for 30 days after written notice specifying such default has been served on Customer; or 
 (ii) If Customer is adjudicated bankrupt or insolvent, or applies for or consents to the appointment of a trustee or receiver, or liquidation of its assets, or seeks
relief under any law for the aid of debtors, or takes or permits any action under any law similar to the foregoing. 
 (b) Termination by Customer. Customer
shall have the right to terminate this Agreement by giving written notice to Supplier if any of the following conditions occur: 
 (i) If Supplier defaults
in the performance or observance of any of its obligations under this Agreement or under any Purchase Order and such default continues for 30 days after written notice specifying such default has been served on Supplier; or 
 (ii) If Supplier is adjudicated bankrupt or insolvent, or applies for or consents to the appointment of a trustee or receiver, or liquidation of its assets, or seeks
relief under any law for the aid of debtors, or takes or permits any action under any law similar to the foregoing. 
  

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 The foregoing rights of termination shall not be exclusive, and the exercise thereof by either party shall not preclude
the exercise by such party of any other right or remedy that it may have by law against the other party on account of any default by the other party. 
 10.
Indemnification. Supplier agrees to defend, indemnify and hold Customer harmless from and against any and all actions, suits, causes of action, judgments, losses, damages, liabilities, costs and expenses (including reasonable attorney’s fees
and all expenses incurred in investigating, preparing or defending against any litigation, commenced or threatened, or any claim whatsoever, and any and all amounts paid in settlement of any claim or litigation, at all trial and appellate levels and
in mediation, arbitration or other alternative dispute resolution) (collectively, “Claims”) that are related in any way to (i) failure of any Preforms supplied hereunder to conform to the Customer’s Specifications, or
(ii) any breach by Supplier of any representation or warranty of Supplier in this Agreement, or (iii) any breach by Supplier of any of its obligations under this Agreement. This provision and the obligations hereunder shall survive the
expiration or earlier termination of this Agreement. 
 12. Miscellaneous Provisions. 
 (a) Notice. All notices and other communications required or permitted under this Agreement must be in writing and will be deemed to have been duly given when delivered in person or when dispatched by telegram or
electronic transfer (confirmed in writing by postal mail simultaneously dispatched) or [two] business days after having been dispatched by an internationally recognized overnight courier service to the appropriate party at the address specified
below: 
  

					
	 If to Customer:
	 		  	LightPath CDGM (Chengdu) Optical Co. Ltd.

	Fax:	(    )     -         

	Attn:	                                 

  

 5 

					
	 If to Supplier:
	 		  	Chengdu Guangming Optical Components Co., Ltd

	Fax:	(    )     -         

	Attention:	

 (b) Entire Agreement. This Agreement and any documents referred to
herein, including the Purchase Orders, embody the entire agreement and understanding of the parties hereto with respect to the subject matter hereof, and supersede all prior and contemporaneous agreements and understandings, oral or written,
relative to said subject matter. 
 (c) Binding Effect; Assignment. This Agreement and the various rights and obligations arising hereunder shall insure to
the benefit of and be binding upon the parties hereto and their respective successors and permitted assigns. Neither this Agreement nor any of the rights, interests or obligations hereunder shall be transferred or assigned (by operation of law or
otherwise) by either party without the prior written consent of the other party, provided that Customer shall be entitled to assign this Agreement in connection with the sale of it or its business whether through a merger, consolidation,
reorganization, stock sale, sale of all or substantially all of Customer’s assets or otherwise. Any transfer or assignment of any of the rights, interests or obligations hereunder in violation of the terms hereof shall be void and of no force
or effect. 
 (d) Captions. The captions and headings contained in this Agreement are inserted for convenience only and shall not constitute a part of this
Agreement in construing or interpreting any provision hereof. 
  

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 (e) Amendment; Waiver; Consent. This Agreement may not be changed, amended, terminated (except as otherwise provided in
Section 9), augmented, rescinded or discharged (other than by performance), in whole or in part, except by a writing executed by the parties hereto, and no waiver of any of the provisions or conditions of this Agreement or any of the rights of
a party hereto shall be effective or binding unless such waiver shall be in writing and signed by the party claimed to have given or consented thereto. Except to the extent that a party hereto may have otherwise agreed in writing, no waiver by that
party of any condition of this Agreement or breach by the other party of any of its obligations or representations hereunder or thereunder shall be deemed to be a waiver of any other condition or subsequent or prior breach of the same or any other
obligation or representation by the other party, nor shall any forbearance by the first party to seek a remedy for any noncompliance or breach by the other party be deemed to be a waiver by the first party of its rights and remedies with respect to
such noncompliance or breach. The parties hereby waive compliance with any bulk sales requirements applicable to this transaction. 
 (f) No Third Party
Beneficiaries. Subject to Section 12(c) hereof, nothing herein, expressed or implied, is intended or shall be construed to confer upon or give to any person, firm, corporation or legal entity, other than the parties hereto, any rights, remedies
or other benefits under or by reason of this Agreement. 
 (g) Governing Law; Binding Arbitration. This Agreement shall in all respects be construed in
accordance with and governed by the laws of the PRC, without regard to conflict of law principles. Except as permitted by Section 6 above, if the parties should have a material dispute arising out of or relating to this Agreement or the
parties’ respective rights and duties hereunder, then the parties will resolve such dispute in the following manner: (i) any party may at any time deliver to the other a written dispute notice setting forth a brief description of the issue
for which such notice initiates the dispute resolution mechanism contemplated by this Section; (ii) during the thirty (30) day period following the delivery of the notice described above, appropriate representatives of the parties will
seek to resolve the disputed issue through negotiation; (iii) if representatives of the parties are unable to resolve the disputed issue through negotiation, then within ten (10) days after the period described above, the parties will
refer the issue (to the exclusion of a court of law) to final and binding arbitration, in accordance with the then existing International Arbitration Rules (the “Rules”) of the American Arbitration Association (the “AAA”), and
judgment upon the award rendered by the arbitrators may be entered in any court having jurisdiction thereof; , regardless of principles of conflicts of laws. In any arbitration pursuant to this Agreement, (i) the award or decision shall be
rendered by a majority of the members of a Board of Arbitration consisting of three (3) members, one of whom shall be appointed by each party and the third of whom shall be the chairman of the panel and be appointed by mutual agreement of said
two party-appointed arbitrators. In the event of failure of said two arbitrators to agree within thirty (30) days after the commencement of the arbitration proceeding upon the appointment of the third arbitrator, the third 

  

 7 

 
arbitrator shall be appointed by the AAA in accordance with the Rules. In the event that either party shall fail to appoint an arbitrator within ten
(10) days after the commencement of the arbitration proceedings, such arbitrator and the third arbitrator shall be appointed by the AAA in accordance with the Rules. Nothing set forth above shall be interpreted to prevent the parties from
agreeing in writing to submit any dispute to a single arbitrator in lieu of a three (3) member Board of Arbitration. Upon the completion of the selection of the Board of Arbitration (or if the parties agree otherwise in writing, a single
arbitrator), an award or decision shall be rendered within no more than thirty (30) days. 
 (h) Survival of Certain Obligations. The obligations of the
parties set forth in this Agreement that by their terms extend beyond or survive the termination or expiration of the Term will not be affected or diminished in any way by the termination or expiration of the Term. 
 (i) Severability. Each section and subsection of this Agreement constitutes a separate and distinct provision of this Agreement. It is the intent of the parties hereto
that the provisions of this Agreement be enforced to the fullest extent permissible under the laws and public policies applicable in each jurisdiction. If any provision is determined to be invalid, ineffective or unenforceable in any jurisdiction,
the remaining provisions will not be affected thereby, and the invalid, ineffective or unenforceable provision will, without further action by the parties, be amended automatically to effect the original purpose and intent of the invalid,
ineffective, unenforceable provisions; provided, however, that such amendment will apply only with respect to the operation of such provision in the particular jurisdiction with respect to which such adjudication is made. 
  

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 IN WITNESS WHEREOF, the parties have caused this Agreement to be duly executed and delivered as of the date set forth in
the Preamble to this Agreement. 
  

			
	 LightPath CDGM Optical Company Ltd.

		
	 By:
	 	  

	 Name:
	 	
	 Title:
	 	

  

			
	 Chengdu Guangming Optical Components Co., Ltd

		
	 By:
	 	  

	 Name:
	 	
	 Title:
	 	

  

 9 

 Exhibit A 
 LightPath Glass and Preform Specifications 
 Glass Requirements 
 Glass Specifications 
  

					
	 Parameter
	  	 Target Value
	  	 Tolerance

	 nd (at 587.56 nm)

	  	per Glass Type	  	± 0.0005
	 Vd (at 587.56 nm)

	  	per Glass Type	  	± 0.8%
	 t at 450 nm [%]
	  	> per Glass Type	  	Minimum value
	 t at 650 nm [%]
	  	> per Glass Type	  	Minimum value
	 t at 980 nm [%]
	  	> per Glass Type	  	Minimum value
	 t at 1600 nm [%]
	  	> per Glass Type	  	Minimum value
	 dn/dt [x 10-6/°C]
	  	per Glass Type	  	± 0.03 x 10-6/°C
	 CTE [x 10-6/°C]
	  	per Glass Type	  	± 0.01 x 10-6/°C
	 Tg [°C]

	  	per Glass Type	  	± 5 °C
	 Specific Gravity (g/cm3)
	  	per Glass Type	  	± 0.02 g/cm3
	 Birefringence
	  	< 10 nm/cm	  	Maximum value
	 Striae
	  	None visible	  	Maximum value
	Bubble Group	  	1	  	Maximum value

 Measurements of nd and Vd as well as evaluations of the striae and bubble group are used to qualify each melt. All other parameters are required only for the first melt. Upon completion of a new melt, the vendor should provide all the
required data as specified above. No performs should be fabricated from this new melt until approval has been received from customer. 
  

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 The refractive index nd and abbe number Vd must be measured using refractometry. The refractive index of a prism cut from the new melt must be measured using an Abbe refractometer. For the first melt, measurements of the refractive index have to cover at
least 20 data points, from 400 nm to 1600 nm, including index at the following wavelengths: nf (at
486.13 nm), nd (at 587.56 nm), and nc (at 656.27 nm). For subsequent melts, only three data points can be measured: nf, nd, and nc. 
 Transmission t through an uncoated 10 mm thick witness sample (including reflection losses) must be measured from 400 nm to 1600 nm. 
 The variation of the refractive index with temperature (dn/dt) must be measured in a test chamber from – 40°C to + 80°C using an interferometric method. 
 The Coefficient of Thermal Expansion (CTE) must be measured in a test chamber using an interferometric method in two different ranges: – 40°C to 80°C and
TBD. 
 The test method for Tg determination must be Differential Scanning Calorimetry (DSC). 
 The bubble group 1 is defined as the total cross section of bubbles in 100 ml of glass < 0.12 mm2. This bubble group should include other inclusions as well as bubbles. 
 All measurements must be made on fine annealed glass. 
  

 11 

 Preform Requirements 
 Specifications of the perform requirements will be as per drawing. 
  

 12

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