Document:

Exhibit 10.15

 

                     
      , 2005

 

Broadband Capital Management LLC

805 Third Avenue

New York, New York 10022

 

	
  Re:

  	
  Services Acquisition Corp. International

  	
   

  

 

Gentlemen:

 

This letter will confirm the agreement of the undersigned to purchase
warrants (“Warrants”) of Services Acquisition Corp. International  (“Company”)
included in the units (“Units”) being sold in the Company’s initial public
offering (“IPO”) upon the terms and conditions set forth herein in accordance
with guidelines specified by Rule 10b5-1 of the Securities Exchange Act of
1934, as amended.  Each Unit is comprised of one share of Common Stock and
one Warrant.  Each of the Common Stock and Warrants will trade separately
within the first 20 trading days following the earlier to occur of the exercise
in full or expiration of the underwriter’s over-allotment option.

 

The undersigned agrees that this letter agreement constitutes an
irrevocable order for Broadband Capital Management LLC (“Broadband”)  to purchase for the undersigned’s account
within the twenty-trading day period commencing on the date separate trading of
the Warrants commences (“Separation Date”) up to _________ Warrants at market
prices not to exceed $1.20 per Warrant (“Maximum Warrant Purchase”). 
Broadband (or such other broker dealer(s) as Broadband may assign the order to)
agrees to fill such order in such amounts and at such times as it may
determine, in its sole discretion, during the twenty-trading day period
commencing on the Separation Date.  Broadband further agrees that it will
not charge the undersigned any fees and/or commissions with respect to such
purchase obligation.

 

As the date hereof, the undersigned represents and warrants that it is
not aware of any material nonpublic information concerning the Company or any
securities of the Company and is entering into this agreement in good faith and
not as part of a plan or scheme to evade the prohibitions of Rule 10b5-1.  The undersigned agrees that while this agreement
is in effect, the undersigned shall comply with the prohibition set forth in
Rule 10b5-1(c)(1)(i)(C) against entering into or altering a corresponding or
hedging transaction or position with respect to the Company’s securities.  The undersigned further agrees that it shall
not, directly or indirectly, communicate any material nonpublic information
relating to the Company or the Company’s securities to any employee of
Broadband.  The undersigned does not
have, and shall not attempt to exercise, any influence over how, when or
whether to effect purchases of Warrants pursuant to this agreement.

 

The undersigned agrees that he shall not sell or transfer the Warrants
until the earlier of the consummation of a merger, capital stock exchange,
asset acquisition or other similar business combination and acknowledges that,
at the option of Broadband, the certificates for such Warrants shall contain a
legend indicating such restriction on transferability.

 

	
   

  	
  Very truly yours,

  
	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
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Exhibit 10.12    
    

	LOCKHEED MARTIN	 	Solicitation, Offer & Award

	

1. Purchase Order No.

270662	

 	

2. Solicitation No.	

 	

3. Type Solicitation

ý Negotiated (RFP)

o Competitive

o Other, specify	

 	

4. Date, Effective or Issued

15 Oct 2004	

 	

Reference (Internal Use Only)

	

6. Issued To Or Subcontractor (Seller)

          

Uni-Pixel Displays, Inc.

ATTN: Mr. Dan Van Ostrand

8040 Airport Road, Suite T

Georgetown; Texas 78628

Phone: 512-868-6609

Fax: 512-868-6649

dvo@uni-pixel.com	

 	

7. Issued By (Buyer):

          

Lockheed Martin Corporation

Systems Integration—Owego

ATTN: R.M. Powell

Mail Drop—0908

1801 State Route 17c

Owego, NY 13827-3998

Phone—(607) 751-3187

Fax—(607) 751-3910

Robert.powell@lmco.com.

IRAD
Funding and Overhead Expense—No Gov. Prime 

	X
	 	Sec.
	 	Description
 
	 	Pages
	 	X
	 	Sec.
	 	Description
 
	 	Pages

	X	 	A	 	Solicitation/Contract Form	 	1 - 2	 	 	 	H	 	Special Provisions	 	 
	X	 	B	 	Supplies or Services	 	3 - 4	 	 	 	I	 	General Provisions	 	7 - 14
	X	 	C	 	Description/Specs/Statement of Work	 	5 - 6	 	 	 	J	 	List of Attachments	 	N/A
	 	 	D	 	Shipping, Packaging and Marking	 	N/A	 	 	 	K	 	Representations, Certification and Other Statement of the Offerors	 	N/A
	 	 	E	 	Inspections and Acceptance	 	N/A	 	 	 	 	 	 	 	 
	 	 	F	 	Deliveries or Performance	 	N/A	 	 	 	L	 	Instructions, Conditions & Notices	 	N/A
	 	 	G	 	Contract Administration Data	 	N/A	 	 	 	M	 	Evaluation Factors for Award	 	N/A

10.    Offer.    In accordance with the terms of this solicitation, the undersign agrees if this offer is
accepted with            calendar days (60 calendar days unless a different period is inserted by the Offeror) from the date of receipt of offers specified above, to furnish any or all items
upon
which prices we offered at the price set opposite each items. 

	11. Acknowledgement of Amendments	 	Amendment No. & Date	 	Amendment No. & Date	 	Amendment No. & Date	 	Amendment No. & Date
	

12. Name & Address of Offeror

Uni-Pixel Displays, Inc.

8040 Airport Road, Suite T

Georgetown, Texas 78628	
 	

 	
 	

 	
 	

13. Name & Title of Person Authorized to Sign Offeror (Type or Print)

Dan Van Ostrand

Executive Vice President

          

/s/ DAN VAN OSTRAND

1

 
Award (To Be Completed by Buyer) 

	13. Accepted As To Item Numbers	 	14. Contract Price

$200,000.00	 	 
	

15. Signature Of Buyer	
 	

16. Name of Buyer	
 	

17. Award Date
	

/s/ ROBERT M. POWELL	
 	

/s/ RMR	
 	

10/21/04

2

  

 
 

Schedule B    
    

	1.
	This
is a Time & Material/Labor Hour Order issued subject to the terms and conditions of this subcontract. All correspondence and invoices shall cite the Purchase Order number
assigned to this task order.

	2.
	Line Items.    A line item marked as "N/A", not applicable, means that the line item does not apply to this Task order. A line
item marked "NSP", not separately priced, means that the line item applies, however, it is not separately priced. 

	Line

Item
	 	Description
	 	Qty.
	 	Unit
	 	Unit Price
	 	Total Price

	900	 	Subassembly Design / Management, Per Section C Statement of Work (OHE Tasks)	 	0	 	SERV	 	***	 	***
	

 	
 	

Time & Material (T&M)	
 	

 	
 	

 	
 	

 	
 	

 
	

 	
 	

Acceptance: Upon Delivery Of An Acceptable Prototype to LM or by Buyer Direction	
 	

 	
 	

 	
 	

 	
 	

 
	

 	
 	

Delivery/Performance—Period of Performance	
 	

 	
 	

 	
 	

 	
 	

 
	 	 	15 October 2004 through ***	 	 	 	 	 	 	 	 
	

 	
 	

Tasks Listing:	
 	

 	
 	

 	
 	

 	
 	

 
	

 	
 	

Sub-Assembly Design/Management	
 	

 	
 	

 	
 	

 	
 	

 
	

 	
 	

    A) Light Guide

    B) Tab Bonding

    C) Flex Cable

    D) Fixture

    E) Circuit Board/Parts

    F) Misc. Suppliers

    G) Light Ejection Layer

    H) Photo Masks	
 	

 	
 	

 	
 	

 	
 	

 
	

 	
 	

Design / Build	
 	

 	
 	

 	
 	

 	
 	

 
	

 	
 	

    A) Simple Matrix Row/Column Driver

    B) Light Injection Assembly	
 	

 	
 	

 	
 	

 	
 	

 
	

 	
 	
Not To Exceed Cost: ***	
 	

 	
 	

 	
 	

 	
 	

 
	

 	
 	

Subcontractor Cost: ***	
 	

 	
 	

 	
 	

 	
 	

 
	 	 	Hours: *** per hour = ***	 	 	 	 	 	 	 	 
	 	 	Direct Labor Rate: ***	 	 	 	 	 	 	 	 
	

 	
 	

LM Workpackage:             	
 	

 	
 	

 	
 	

 	
 	

 

***
Confidential Information Omitted and Filed Separately with the Securities and Exchange Commission 

3

 

	
Line

Item
	
 	

Description
	
 	

Qty.
	
 	

Unit
	
 	

Unit Price
	
 	

Total Price

	901	 	Subassembly Design/Management, Per Statement of Work—Section C (IRAD Tasks)	 	0	 	SERV	 	***	 	***
	

 	
 	

Time & Material (T&M)	
 	

 	
 	

 	
 	

 	
 	

 
	

 	
 	
Acceptance: Upon Delivery Of An Acceptable Prototype to LM or by Buyer Direction	
 	

 	
 	

 	
 	

 	
 	

 
	

 	
 	
Delivery/Performance—Period of Performance 04 October 2004 through ***	
 	

 	
 	

 	
 	

 	
 	

 
	

 	
 	

Tasks Listing:	
 	

 	
 	

 	
 	

 	
 	

 
	

 	
 	

Sub-Assembly Design/Management	
 	

 	
 	

 	
 	

 	
 	

 
	

 	
 	

    A) Active Layer

    B) Cladding Layer

    C) Fixture

    D) Display	
 	

 	
 	

 	
 	

 	
 	

 
	

 	
 	
Not To Exceed Cost: ***	
 	

 	
 	

 	
 	

 	
 	

 
	

 	
 	

Subcontractor Cost: ***	
 	

 	
 	

 	
 	

 	
 	

 
	 	 	Hours: *** per hour = ***	 	 	 	 	 	 	 	 
	 	 	Direct Labor Rate: ***	 	 	 	 	 	 	 	 
	

 	
 	

LM Workpackage:             	
 	

 	
 	

 	
 	

 	
 	

 

PURCHASE ORDER VALUE: $200,000—Time and Materials Efforts  

Summary—As a result of this task order, a total of $200,000 has been funded for the identified Time & Material/Labor Hour efforts. 

***
Confidential Information Omitted and Filed Separately with the Securities and Exchange Commission 

4

   Section C: Statement of Work:  

1.0   Sub-Assembly Design/Management  

        The deliverables tabulated below describe the activities for the component inputs to the Assemble/Test phase of TMOS prototype fabrication. 

	•
	Light Guide: Fabricate and deliver complete light guide substrates *** that will be made ready for subsequent *** coating.

	•
	Tab Bonding: Tab bonding services to bond flex cable both to the *** and the *** layer.

	•
	Flex Cable: One of several candidate vendors will provide the specified flex cable to be used to drive the *** of the
contemplated prototypes.

	•
	Fixture: *** will fabricate the prototype fixture in its precision machine shop to specifications provided by
Uni-Pixel Displays, Inc. that are consonant with *** stated prototype requirements.

	•
	Circuit Boards/Parts: Several different vendors will be tapped to fabricate individual subcomponents and circuit boards to be
subsequently populated, tested, and ultimately deployed in the TMOS prototypes.

	•
	Miscellaneous Supplies: Non-electronic parts (cases, mounting jigs, covers, optical seals, etc.) will be procured
from several different vendors.

	•
	Active Layer: Appropriately validated subcontractors *** will fabricate the required *** layer either out of *** (or
equivalent). The *** layer is comprised of an ***. Uni-Pixel is required to provide significant input and technical coordination with the selected vendor to ensure the deliverable meets
the required specifications.

	•
	*** Layer/***: The *** layer will be added to the *** substrates after they are delivered by Uni-Pixel chosen
subcontractor. All *** application will be done by a qualified subcontractor, but Uni-pixel subcontractor *** will undertake the fabrication of ***

	•
	*** Layer: Several vendors are able to embed *** means within the *** Layer. Uni-Pixel may be required to conduct
significant testing to support the final design of the most appropriate *** layer given the *** nature of the *** properties of the layers making up the display architecture.

	•
	Photomasks: Nearly all TMOS *** to date have been fabricated by Uni-Pixel Subcontractor ***. The masks are used
at Uni-Pixel Subcontractor *** to pattern the *** rows on the light guides; complementary masks provide patterning on the *** Layer. 

2.0   Design/Build  

        Uni-Pixel personnel will design and build the *** circuit to control the display, as well the mounting/focusing assembly to secure the *** subsystem
affixed to the ***. These key subassemblies will then enter the Assemble/Test phase. 

***
Confidential Information Omitted and Filed Separately with the Securities and Exchange Commission 

5

 

3.0   Assemble/Test  

        Uni-Pixel personnel will undertake the integration of all the subcomponents comprising the TMOS prototypes in this phase. Parts will be required to
complete the fixturing and integration of the contemplated prototype systems. Each completed prototype will be thoroughly tested according to a mutually agreed-upon suite of performance
metrics. 

4.0   Project Duration  

        The testing of completed prototypes is projected to begin *** after the launch of this project. Uni-Pixel Displays, Inc. will notify Lockheed
Martin when the project reaches a perceived 85% completion milestone. If it becomes apparent that fabrication of the TMOS display prototypes cannot be completed in a timely manner,
Uni-Pixel Displays, Inc. will notify Lockheed Martin immediately. 

5.0   Billing Milestones  

        Upon acceptance of this order the Billing Milestones shall be as follows: 

	a) Order Acceptance (Subcontract Costs & first month's labor)	 	***
	b) Milestone 1: Acquisition of Light Guide w/standoff layer	 	***
	c) Milestone 2: Acquisition of Active Layer	 	***
	d) Prototype Delivery	 	***

	 	All invoices shall be submitted to the Buyer:
	

 	

Lockheed Martin Systems Integration—Owego

1801 State Route 17C

Owego, NY 13827
	

 	

Attention:	
 	

R.M. Powell M/D 0908

Subcontract Administrator Senior Staff
	

 	

Payment terms shall be net 10 days after receipt of an acceptable invoice for Order Acceptance.
	

 	

Payment terms shall be net 30 days after receipt of an acceptable invoice for other billings.

***
Confidential Information Omitted and Filed Separately with the Securities and Exchange Commission 

6

   LOCKHEED MARTIN CORPORATION  

GENERAL PROVISIONS—TIME AND MATERIALS

COMMERCIAL SUBCONTRACT/PURCHASE ORDERS  

	1.	 	Acceptance of Contract/Terms and Conditions	 	18.	 	Insurance/Entry on Lockheed Martin Property
	2.	 	Applicable Laws	 	19.	 	Intellectual Property
	3.	 	Assignment	 	20.	 	Maintenance of Records
	4.	 	Changes	 	21.	 	New Materials
	5.	 	Contract Direction	 	22.	 	Offset Credit/Cooperation
	6.	 	Default	 	23.	 	Packing and Shipment
	7.	 	Definitions	 	24.	 	Payments, Taxes, and Duties
	8.	 	Disputes	 	25.	 	Precedence
	9.	 	Electronic Contracting	 	26.	 	Quality Control System
	10	 	Export Control	 	27.	 	Release of Information
	11.	 	Extras	 	28.	 	Severability
	12.	 	Furnished Property	 	29.	 	Stop Work
	13.	 	Gratuities/Kickbacks	 	30.	 	Survivability
	14.	 	Independent Contractor Relationship and Seller Personnel	 	31.	 	Termination for Convenience
	15.	 	Information of Lockheed Martin	 	32.	 	Timely Performance
	16.	 	Information of Seller	 	33.	 	Waivers, Approvals, and Remedies
	17.	 	Inspection and Acceptance	 	34.	 	Warranty

1.     ACCEPTANCE OF CONTRACT/TERMS AND CONDITIONS  

	(a)
	This
Contract integrates, merges, and supersedes any prior offers, negotiations, and agreements concerning the subject matter hereof and, together with Exhibits, Attachments and any
Task Order(s) issued hereunder, constitutes the entire agreement between the parties.

	(b)
	SELLER's
acknowledgment, acceptance of payment, or commencement of performance, shall constitute SELLER's unqualified acceptance of this Contract.

	(c)
	Additional
or differing terms or conditions proposed by SELLER or included in SELLER's acknowledgment are objected to by LOCKHEED MARTIN and have no effect unless expressly accepted
in writing by LOCKHEED MARTIN. 

2.     APPLICABLE LAWS  

	(a)
	This
Contract shall be governed by and construed in accordance with the laws of the State from which this Contract is issued, excluding its choice of law rules. SELLER agrees to
comply with all applicable laws, orders, rules, regulations, and ordinances. SELLER shall procure all licenses/permits, pay all fees, and other required charges, and shall comply with all guidelines
and directives of any local, state, and/or federal governmental authority.

	(b)
	SELLER
represents that each chemical substance constituting or contained in Work sold or otherwise transferred to LOCKHEED MARTIN hereunder is on the list of chemical substances
compiled and published by the Administrator of the Environmental Protection Administration pursuant to the Toxic Substances Control Act (15 U.S.C. Sec. 2601 et seq.) as amended. 

7

 

	(c)
	SELLER
shall provide to LOCKHEED MARTIN with each delivery any Material Safety Data Sheet applicable to the Work in conformance with and containing such information as required by the
Occupational Safety and Health Act of 1970 and regulations promulgated thereunder, or its State approved counterpart.

	(d)
	SELLER
shall be responsible for compliance with all requirements and obligations relating to its employees under all local, state, and federal statutes, ordinances, rules, and
obligations including, but not limited to, employer's obligations under laws relating to: income tax withholding and reporting; civil rights; equal employment opportunity; discrimination on the basis
of age, sex, race, color, religion, disability, national origin, or veteran status; overtime; minimum wage; social security contribution and withholding; unemployment insurance; employer's liability
insurance; worker's compensation; veteran's rights; and all other employment, labor, or benefits related laws.

	(e)
	SELLER
shall comply with Occupational Safety and Health Act of 1970, as amended. SELLER shall notify LOCKHEED MARTIN promptly in writing if a charge of noncompliance with the Act has
been filed against SELLER in connection with SELLER's services performed hereunder on premises owned, leased or operated by LOCKHEED MARTIN. 

3.     ASSIGNMENT  

        Any assignment of SELLER's Contract rights or delegation of SELLER's duties shall be void, unless prior written consent is given by LOCKHEED MARTIN, SELLER may
assign rights to be paid amounts due, or to become due, to a financing institution if LOCKHEED MARTIN is promptly furnished a signed copy of such assignment reasonably in advance of the due date for
payment of any such amounts. Amounts assigned shall be subject to setoff or recoupment for any present or future claims of LOCKHEED MARTIN against SELLER. LOCKHEED MARTIN shall have the right to make
settlements and/or adjustments in price without notice to say assignee. 

4.     CHANGES.  

	(a)
	The
LOCKHEED MARTIN Procurement Representative may at any time, by written notice of LOCKHEED MARTIN and written acceptance of SELLER, and without notice to sureties or assignees,
make changes within the general scope of this Contract in any one or more of the following: (i) description of services; (ii) drawings, designs, or specifications; (iii) method of
shipping or packing; (iv) place of inspection, acceptance, or point of delivery; (v) time of performance; and (vi) place of performance.

	(b)
	If
any such change causes a change in the labor mix, or the time required for performance of any part of this Contract, SELLER may request an equitable adjustment in this Contract
price and/or delivery schedule.

	(c)
	SELLER
must request any equitable adjustment within three working (3) days from the date of receipt of the written change order. If the SELLER's proposal includes the cost of
property made obsolete or excess by the change, LOCKHEED MARTIN shall have the right to prescribe the manner of disposition of the property.

	(d)
	Failure
to agree to any adjustment shall be received in accordance with the "Disputes" clause of this Contract. However, nothing contained in this "Changes" clause shall excuse SELLER
from proceeding without delay in the performance of this Contract as changed. 

8

 

5.     CONTRACT DIRECTION  

	(a)
	Only
the LOCKHEED MARTIN Procurement Representative has authority to make changes in or amendments to this contract. Changes and amendments must be in writing.

	(b)
	LOCKHEED
MARTIN engineering and technical personnel may from time to time render assistance or give technical advice or discuss or effect an exchange of information with SELLER's
personnel concerning the Work hereunder. No such action shall be deemed to be a change under the "Changes" clause of this Contract and shall not be the basis for equitable adjustment.

	(c)
	Each
party shall appoint and identify to the other party a Technical Representative(s) who shall be responsible for maintaining liaison between the parties.

	(d)
	Except
as otherwise provided herein, all notices to be furnished by the SELLER shall be sent to the LOCKHEED MARTIN Procurement Representative. 

6.     DEFAULT  

	(a)
	LOCKHEED
MARTIN, by written notice, may terminate this Contract for default, in whole or in part, if SELLER fails to comply with any of the terms of this Contract, fails to make
progress so as to endanger performance of this Contract, or fails to provide adequate assurance of future performance. SELLER shall have ten (10) days (or such longer period as LOCKHEED MARTIN
may authorize in writing) to provide a plan to cure any such failure after receipt of notice from LOCKHEED MARTIN. Default involving performance schedule delays shall not be subject to the cure
provision.

	(b)
	SELLER
shall be compensated only for Work actually delivered and accepted. LOCKHEED MARTIN may require SELLER to deliver to LOCKHEED MARTIN any supplies and materials, manufacturing
materials, and manufacturing drawings that SELLER has specifically produced or acquired for the terminated portion of this Contract. LOCKHEED MARTIN and SELLER shall agree on the amount of payment for
these other deliverables.

	(c)
	SELLER
shall continue all Work not terminated.

	(d)
	In
the event of a termination for default, SELLER shall be liable to LOCKHEED MARTIN for cover costs, in addition to LOCKHEED MARTIN's other rights and remedies at law or in equity.

	(e)
	If
after termination under paragraph (a), it is determined that SELLER was not in default, such termination shall be deemed a Termination for Convenience. 

7.     DEFINITIONS  

        The following terms shall have the meanings set forth below: 

	(a)
	"Contract"
means the instrument of contracting, such as "PO", "Purchase Order", or "Task Order", issued hereunder, or other such type designation, including all referenced documents,
exhibits, and attachments. If these terms and conditions are incorporated into a "master" agreement that provides for releases, (in the form of a Task Order or other such document) the term "Contract"
shall also mean the release document for the Work to be performed.

	(b)
	"LOCKHEED
MARTIN" means Lockheed Martin Corporation, acting through its companies, or business units, as identified on the face of this Contract. If a subsidiary or affiliate of
Lockheed Martin Corporation is identified on the face of this Contract, then "LOCKHEED MARTIN" means that subsidiary or affiliate. 

9

 

	(c)
	"LOCKHEED
MARTIN Procurement Representative" means a person authorized by Lockheed Martin's cognizant procurement organization to administer and/or execute this Contract.

	(d)
	"PO"
or "Purchase Order" means this Contract.

	(e)
	"SELLER"
means the party identified on the face of this Contract with whom LOCKHEED MARTIN is contracting.

	(f)
	"Task
Order" means a separate order issued under this Contract.

	(g)
	"Work"
means all required labor, articles, materials, supplies, goods, and services constituting the subject matter of this Contract. 

8.     DISPUTES  

        All disputes under this Contract which are not disposed of by mutual agreement may be decided by recourse to an action at law or in equity. Until final resolution
of any dispute hereunder, SELLER shall diligently proceed with the performance of this Contract as directed by LOCKHEED MARTIN. 

9.     ELECTRONIC CONTRACTING  

        The parties agree that if this Contract is transmitted electronically neither party shall contest the validity of this Contract, or any Acknowledgement thereof,
on the basis that this Contract or Acknowledgement contains an electronic signature. 

10.   EXPORT CONTROL  

	(a)
	SELLER
agrees to comply with all applicable U.S. export control laws and regulations, specifically including, but not limited to, the requirements of the Arms Export Control Act,
22 U.S.C. 2751-2794, including the International Traffic in Arms Regulation (ITAR), 22 C.F.R. 120 et seq.; and the Export Administration Act,
50 U.S.C. app. 2401-2420, including the Export Administration Regulations, 15 C.F.R. 730-774; including the requirement for obtaining any export
license or agreement, if applicable. Without limiting the foregoing, SELLER agrees that it will not transfer any export controlled item, data, or services, to include transfer to foreign persons
employed by or associated with, or under contract to SELLER or SELLER's lower-tier suppliers, without the authority of an export license, agreement, or applicable exemption or exception.

	(b)
	SELLER
agrees to notify LOCKHEED MARTIN if any deliverable under this Contract is restricted by export control laws or regulations.

	(c)
	SELLER
shall immediately notify the LOCKHEED MARTIN Procurement Representative if SELLER is, or becomes, listed in any Denied Parties List or if SELLER's export privileges are
otherwise denied, suspended or revoked in whole or in part by any U.S. Government entity or agency.

	(d)
	If
SELLER is engaged in the business of either exporting or manufacturing (whether exporting or not) defense articles or furnishing defense services, SELLER represents that it is
registered with the Office of Defense Trade Controls, as required by the ITAR, and it maintains an effective export/import compliance program in accordance with the ITAR.

	(e)
	Where
SELLER is a signatory under a LOCKHEED MARTIN export license or export agreement (e.g., TAA, MLA), SELLER shall provide prompt notification to the LOCKHEED MARTIN Procurement
Representative in the event of changed circumstances including, but not limited to, ineligibility, a violation or potential violation of the ITAR, and the initiation or 

10

 

existence
of a U.S. Government investigation, that could affect the SELLER's performance under this Contract. 

	(f)
	SELLER
shall be responsible for all losses, costs, claims, causes of action, damages, liabilities and expense, including attorneys' fees, all expense of litigation and/or settlement,
and court costs, arising from any act or omission of SELLER, its officers, employees, agents, suppliers, or subcontractors at any tier, in the performance of any of its obligations under this clause. 

11.   EXTRAS  

        Work shall not be supplied in excess of quantities specified in this Contract. SELLER shall be liable for handling charges and return shipment costs for any
excess quantities. 

12.   FURNISHED PROPERTY  

	(a)
	LOCKHEED
MARTIN may provide to SELLER property owned by either LOCKHEED MARTIN or its customer (Furnished Property).

	(b)
	Title
to Furnished Property shall remain in LOCKHEED MARTIN or its customer. SELLER shall clearly mark (if not so marked) all Furnished Property to show its ownership.

	(c)
	Except
for reasonable wear and tear, SELLER shall be responsible for, and shall promptly notify LOCKHEED MARTIN of, any loss or damage. Without additional charge, SELLER shall manage,
maintain, and preserve Furnished Property in accordance with good commercial practice.

	(d)
	At
LOCKHEED MARTIN's request, and/or upon completion of this Contract, the SELLER shall submit, in an acceptable form, inventory lists of Furnished Property and shall deliver or make
such other disposal as may be directed by LOCKHEED MARTIN. 

13.   GRATUITIES/KICKBACKS  

        No gratuities (in the form of entertainment, gifts, or otherwise) or kickbacks shall be offered or given by SELLER, to any employee of LOCKHEED MARTIN for the
purpose of obtaining or rewarding favorable treatment as a supplier. 

14.   INDEPENDENT CONTRACTOR RELATIONSHIP AND SELLER PERSONNEL  

	(a)
	SELLER's
relationship to LOCKHEED MARTIN shall be that of an Independent Contractor and this Contract does not create an agency, partnership, or joint venture relationship between
LOCKHEED MARTIN and SELLER or LOCKHEED MARTIN and SELLER personnel. Personnel supplied by SELLER hereunder shall be deemed employees of SELLER and shall not for any purposes be considered employees or
agents of LOCKHEED MARTIN. SELLER assumes full responsibility for the actions and supervision of such personnel while performing services under this Contract. LOCKHEED MARTIN assumes no liability for
SELLER personnel.

	(b)
	SELLER
shall inform LOCKHEED MARTIN if a former employee of LOCKHEED MARTIN or its parent or any subsidiary will be assigned Work under this Contract, and any such assignment shall be
subject to LOCKHEED MARTIN approval.

	(c)
	Nothing
contained in this Contract shall be construed as granting to SELLER or any personnel of SELLER rights under any LOCKHEED MARTIN benefit plan.

	(d)
	SELLER
will ensure that SELLER personnel assigned to work an LOCKHEED MARTIN's or Customer's premises comply with any on-premises guidelines and: (i) do not bring
weapons 

11

 

of
any kind onto LOCKHEED MARTIN's or Customer's premises; (ii) do not manufacture, sell, distribute, possess, use or be under the influence of controlled substances or alcoholic beverages
while on LOCKHEED MARTIN's or Customer's premises; (iii) do not possess hazardous materials of any kind on LOCKHEED MARTIN's or Customer's premises without LOCKHEED MARTIN's authorization;
(iv) remain in authorized areas only; (v) will not conduct any non-LOCKHEED MARTIN related business activities (such as interviews, hirings, dismissals or personal
solicitations) on LOCKHEED MARTIN's or Customer's premises, (vi) will not send or receive non-LOCKHEED MARTIN related mail through LOCKHEED MARTIN's or Customer's mail systems; and
(vii) will not sell, advertise or market any products or memberships, distribute printed, written or graphic materials on LOCKHEED MARTIN's or Customer's premises without LOCKHEED MARTIN's
written permission or as permitted by law. 

	(e)
	All
persons, property, and vehicles entering or leaving LOCKHEED MARTIN's or Customer's premises are subject to search.

	(f)
	SELLER
will promptly notify LOCKHEED MARTIN and provide a report of any accidents or security incidents involving loss of or misuse or damage to LOCKHEED MARTIN's or Customer's
intellectual or physical assets, and all physical altercations, assaults, or harassment.

	(g)
	SELLER
must coordinate with LOCKHEED MARTIN access to LOCKHEED MARTIN's or Customer's premises.

	(h)
	SELLER
personnel: (i) will not remove LOCKHEED MARTIN or Customer assets from LOCKHEED MARTIN's or Customer's premises without LOCKHEED MARTIN authorization; (ii) will
use LOCKHEED MARTIN or Customer assets only for purposes of this Contract; (iii) will only connect with, interact with or use computer resources, networks, program, tools or routines that
LOCKHEED MARTIN agrees are needed to provide services; and (iv) will not share or disclose user identifiers, passwords, cipher keys or computer dial port telephone numbers. LOCKHEED MARTIN may
periodically audit SELLER's data residing on LOCKHEED MARTIN's or Customer's information assets.

	(i)
	LOCKHEED
MARTIN may, at its sole discretion, have SELLER remove any specified employee of SELLER from LOCKHEED MARTIN's premises and request that such employee not be reassigned to
any LOCKHEED MARTIN premises under this Contract.

	(j)
	SELLER
shall provide LOCKHEED MARTIN any information about SELLER's personnel that LOCKHEED MARTIN is required by law to obtain, including information on "leased employees" and
"management services organization" as these terms are used in Secs. 414(m), (n), and (o) of the Internal Revenue Code.

	(k)
	Violation
of this clause may result in termination of this Contract in addition to any other remedy available to LOCKHEED MARTIN at law or in equity. SELLER shall reimburse LOCKHEED
MARTIN or Customer for any unauthorized use of LOCKHEED MARTIN or Customer assets.

	(l)
	SELLER
shall advise the LOCKHEED MARTIN Procurement Representative of any unauthorized direction or course of conduct.

	(m)
	SELLER
shall be responsible for all losses, costs, claims, causes of action, damages, liabilities, and expenses, including attorneys' fees, all expenses of litigation and/or
settlement, and court costs, arising from any act or omission of SELLER, its officers, employees, agents, suppliers, or subcontractors at any tier, in the performance of any of its obligations under
this Contract. 

12

  

	(n)
	SELLER
shall indemnify and hold harmless LOCKHEED MARTIN from and against any actual or alleged liability, loss, costs, damages, fees of attorneys, and other expenses which LOCKHEED
MARTIN may sustain or incur in consequence of (i) SELLER's failure to pay any employee for the Work rendered ender this Contract, or (ii) any claims made by SELLER's personnel against
LOCKHEED MARTIN. 

15.   INFORMATION OF LOCKHEED MARTIN  

	(a)
	SELLER
shall not reproduce or disclose any information, knowledge, or data of LOCKHEED MARTIN that SELLER may receive from LOCKHEED MARTIN or have access to, including proprietary or
confidential information of LOCKHEED MARTIN or of others when in possession of LOCKHEED MARTIN (hereinafter LOCKHEED MARTIN INFORMATION), without the prior written consent of LOCKHEED MARTIN. 

LOCKHEED
MARTIN INFORMATION includes, but is not limited to, business plans, marketing information, cost estimates, forecasts, bid and proposal data, financial data, formulae, compositions, products,
processes, procedures, inventions, systems, or designs. SELLER agrees not to use any LOCKHEED MARTIN INFORMATION for any purposes except to perform this Contract or any other contract or agreement
between LOCKHEED MARTIN and SELLER. 

	(b)
	Prior
to commencement of Work, SELLER shall have a written agreement with each of its employees performing services hereunder sufficient to enable SELLER to comply with this Clause.

	(c)
	LOCKHEED
MARTIN INFORMATION provided to the SELLER remains the property of LOCKHEED MARTIN. Within thirty (30) days of the expiration or termination of this Contract or upon
the request of LOCKHEED MARTIN, SELLER shall return or certify the destruction of all LOCKHEED MARTIN INFORMATION and any reproductions, and the SELLER shall promptly surrender all information or
proprietary data developed by SELLER in performance of this Contract, unless its retention is authorized in writing by LOCKHEED MARTIN.

	(d)
	The
provisions set forth above are in addition to any obligations contained in a proprietary information agreement between the parties. 

16.   INFORMATION OF SELLER  

        SELLER shall not provide any proprietary information to LOCKHEED MARTIN without prior execution of a proprietary information agreement by both parties. 

17.   INSPECTION AND ACCEPTANCE  

	(a)
	LOCKHEED
MARTIN and its customer may inspect all Work at reasonable times and places. SELLER shall provide all information, facilities, and assistance necessary for safe and
convenient inspection without additional charge.

	(b)
	No
such inspection shall relieve SELLER of its obligations to furnish all Work in accordance with the requirements of this Contract. LOCKHEED MARTIN's final inspection and acceptance
shall be at destination.

	(c)
	If
SELLER delivers non-conforming Work, LOCKHEED MARTIN may, (i) accept all or part of such Work at an equitable price reduction; or (ii) reject such Work.

	(d)
	SELLER
shall not re-tender rejected Work without disclosing the corrective action taken. 

13

 

18.   INSURANCE/ENTRY ON LOCKHEED MARTIN PROPERTY  

	(a)
	In
the event that SELLER, its employees, agents, or subcontractors enter the site(s) of LOCKHEED MARTIN or its customers for any reason in connection with this Contract then SELLER
and its subcontractors shall procure and maintain for the performance of this Contract worker's compensation, comprehensive general liability, bodily injury and property damage insurance in reasonable
amounts, and such other insurance as LOCKHEED MARTIN may require. In addition, SELLER and its subcontractors shall comply with all site requirements. SELLER shall provide LOCKHEED MARTIN thirty
(30) days advance written notice prior to the effective date of any cancellation or change in the term or coverage of any of SELLER's required insurance, provided however such notice shall not
relieve SELLER of its obligations to procure and maintain the required insurance. If requested, SELLER shall send a "Certificate of Insurance" showing SELLER's compliance with these requirements.
SELLER shall name LOCKHEED MARTIN as an additional insured for the duration of this Contract. Insurance maintained pursuant to this clause shall be considered primary as respects the interest of
LOCKHEED MARTIN and is not contributory with any insurance which LOCKHEED MARTIN may carry. "Subcontractor" as used in this clause shall include SELLER's subcontractors at any tier. SELLER'S
obligations for procuring and maintaining insurance coverages are freestanding and are not affected by any other language in this Contract.

	(b)
	SELLER
shall indemnify and hold harmless LOCKHEED MARTIN, its officers, employees, and agents from any losses, costs, claims, causes of action, damages, liabilities, and expenses,
including attorneys' fees, all expenses of litigation and/or settlement, and court costs, by reason of property damage or loss or personal injury to any person caused in whole or in part by the
actions or omissions of SELLER, its officers, employees, agents, suppliers, or subcontractors. 

19.   INTELLECTUAL PROPERTY  

        A separate license agreement shall define the rights to all Intellectual Property developed under the subcontract. Prior to completion of the license agreement,
and in consideration for the funds tendered from LM, LM shall have the right to practice UP's IP for the prototype development. Ownership of the physical prototypes will be equally shared between UP
and LM in consideration for amounts tendered under this Purchase Order. The Term Sheet Dated 10-15-04 shall govern IP issues prior to a final License
Agreement—Reference Attachment A. 

20.   MAINTENANCE OF RECORDS  

	(a)
	SELLER
shall maintain complete and accurate records in accordance with generally accepted accounting principles to substantiate SELLER's charges hereunder. Such records shall include,
but not be limited to, applicable time sheets, job cards, phone bills, travel receipts and job summaries. SELLER shall retain such records for three (3) years from final payment of this
Contract.

	(b)
	LOCKHEED
MARTIN shall have access to such records, and any other records SELLER is required to maintain under this Contract, for the purpose of audit during normal business hours,
upon reasonable notice for so long as such records are required to be retained. 

21.   NEW MATERIALS  

        The Work to be delivered hereunder shall consist of new materials, not used, or reconditioned, remanufactured or of such age as to impair its usefulness or
safety. 

14

 

22.   OFFSET CREDIT/COOPERATION  

        This Contract has been entered into in direct support of LOCKHEED MARTIN's international offset programs. All offset benefit credits resulting from this Contract
are the sole property of LOCKHEED MARTIN to be applied to the offset program of its choice. SELLER agrees to assist LOCKHEED MARTIN in securing appropriate offset credits from the respective country
government authorities. 

23.   PACKAGING AND SHIPMENT  

	(a)
	Unless
otherwise specified, all Work is to be packed in accordance with good commercial practice.

	(b)
	A
complete packing list shall be enclosed with all shipments. SELLER shall mark containers or packages with necessary lifting, loading, and shipping information, including the
LOCKHEED MARTIN Contract number, item number, dates of shipment, and the names and addresses of consignor and consignee. Bills of lading shall include this Contract number.

	(c)
	Unless
otherwise specified, delivery shall be FOB Place of Shipment. 

24.   PAYMENT, TAXES, AND DUTIES  

	(a)
	Payment
to SELLER shall be made upon the basis of invoices submitted in such form and detail as Lockheed Martin may require. LOCKHEED MARTIN shall make payment within thirty
(30) days after receipt and approval of such invoices.

	(b)
	Payment
for labor shall be computed by multiplying the appropriate hourly rate(s), set forth in this Contract by the number of direct labor hours performed. Rates shall include wages,
overhead, general and administrative expense, and profit. Fractional parts of an hour shall be payable on a prorated basis.

	(c)
	No
overtime will be paid by LOCKHEED MARTIN unless approved in advance by the LOCKHEED MARTIN Procurement Representative. If no overtime rates are provided in this Contact, overtime
rates will be negotiated.

	(d)
	Reimbursable
costs in connection with lower-tier subcontracts shall be limited to the amounts actually paid by SELLER to low-tier subcontractors.

	(e)
	SELLER
shall procure required materials at the most advantageous prices available. Cash and trade discounts, rebates, allowances, credits, and other amounts, which have been accrued
to the benefit of SELLER, are for the account of LOCKHEED MARTIN. All residual material valued at greater than $2,000 (two thousand) per item shall belong to LOCKHEED MARTIN who shall provide
disposition instructions to the SELLER.

	(f)
	LOCKHEED
MARTIN may audit invoices and substantiating books and records as LOCKHEED MARTIN deems necessary. Each payment shall be subject to reduction to the extent found by LOCKHEED
MARTIN not to have been properly payable. Contractor shall promptly advise LOCKHEED MARTIN if it becomes aware of an overpayment. 

25.   PRECEDENCE  

        Any inconsistencies in this Contract shall be resolved in accordance with the following descending order of precedence: (i) Face of the Purchase Order
and/or Task Order, release document, or schedule (including any continuation sheets), as applicable, including any special terms and conditions; (ii) This CORPDOC; and (iii) Statement of
Work. 

15

 

26.   QUALITY CONTROL SYSTEM  

	(a)
	SELLER
shall provide and maintain a quality control system to an industry recognized Quality Standard and in compliance with any other specific quality requirements identified in this
Contract.

	(b)
	Records
of all quality control inspection work by SELLER shall be kept complete and available to LOCKHEED MARTIN and its customers. 

27.   RELEASE OF INFORMATION  

        n/a 

28.   SEVERABILITY  

        Each paragraph and provision of this Contract is severable, and if one or more paragraphs or provision are declared invalid, the remaining paragraphs and
provisions of this Contract will remain in full force and effect. 

29.   STOP WORK  

	(a)
	n/a

	(b)
	LOCKHEED
MARTIN shall either terminate in accordance with the provisions of this Contract or continue the Work by written notice to SELLER. In the event of a continuation, an
equitable adjustment in accordance with the principles of the "Changes" clause shall be made to the price, delivery schedule, or other provision(s) affected by the Work stoppage, if applicable,
provided that the claim for equitable adjustment is made within thirty (30) days after date of notice to continue. 

30.   SURVIVABILITY  

        If this Contract expires, is complete, or is terminated, SELLER shall not be relieved of those obligations contained in the following provisions: 

Applicable
Laws

Electronic Contracting

Export Control

Independent Contractor Relationship and Seller Personnel

Information of LOCKHEED MARTIN

Information/Entry on LOCKHEED MARTIN Property

Intellectual Property

Maintenance of Records

Release of Information

Warranty 

31.   TERMINATION FOR CONVENIENCE  

	(a)
	Lockheed
Martin may terminate part or all of this Contract for its convenience by giving written notice to SELLER.

	(b)
	Upon
termination, in accordance with LOCKHEED MARTIN's written direction, SELLER will immediately: (i) Cease work; (ii) Prepare and submit to LOCKHEED MARTIN an
itemization of all completed and partially completed deliverables and services; (iii) Deliver to LOCKHEED MARTIN deliverables satisfactorily completed up to the data of termination at the
agreed upon prices in the relevant statement of work; and (iv) Deliver upon request any 

16

 

Work
in process. In the event LOCKHEED MARTIN terminates for its convenience after performance has commenced, LOCKHEED MARTIN will compensate SELLER for the actual, allowable, and reasonable expenses
incurred by SELLER for Work in process up to and including the date of termination provided SELLER uses reasonable efforts to mitigate LOCKHEED MARTIN's liability under this clause. 

	(c)
	In
no event shall LOCKHEED MARTIN be liable for lost or anticipated profits, unabsorbed indirect costs or overhead, or for any sum in excess of the total Contract price. SELLER's
termination claim shall be submitted within ninety (90) days from the effective date of the termination.

	(d)
	SELLER
shall continue all Work terminated. 

32.   TIMELY PERFORMANCE  

	(a)
	SELLER's
timely performance is a critical element of this Contract.

	(b)
	Unless
advance shipment has been authorized in writing by LOCKHEED MARTIN, LOCKHEED MARTIN may store at SELLER's expense, or return, shipping charges collect, all Work received in
advance of the scheduled delivery date.

	(c)
	If
SELLER becomes aware of difficulty in performing the Work, SELLER shall timely notify LOCKHEED MARTIN, in writing, giving pertinent details. This notification shall not change any
performance schedule.

	(d)
	In
the event of a termination for convenience or change, no claim will be allowed for any manufacture or procurement in advance of SELLER's normal flow time unless there has been
prior written consent by LOCKHEED MARTIN. 

33.   WAIVERS, APPROVALS, AND REMEDIES  

	(a)
	Failure
by LOCKHEED MARTIN to enforce any of the provisions of this Contract shall not be construed as a waiver of the requirements of such provisions, or as a waiver of the right of
LOCKHEED MARTIN thereafter to enforce each such provision.

	(b)
	LOCKHEED
MARTIN's approval of documents shall not relieve SELLER of its obligation to comply with the requirements of this Contract.

	(c)
	The
rights and remedies of LOCKHEED MARTIN in this Contract are cumulative and in addition to any other rights and remedies provided by law or in equity. 

34.   WARRANTY  

	(a)
	SELLER
warrants that it is and shall remain free of any obligation or restriction which would interfere or be inconsistent with or present a conflict of interest concerning the Work
to be furnished by SELLER under this Contract.

	(b)
	SELLER
warrants that it will perform the services under this Contract with the degree of high professional skill and sound practices and judgment which is normally exercised by
recognized professional firms with respect to services of a similar nature.

	(c)
	SELLER
warrants that all Work furnished pursuant to this Contract shall strictly conform to applicable specifications, drawings, samples, descriptions, and other requirements of this
Contract and be free from defects in design, material, and workmanship, keeping in mind that a fabricated prototype is not a "finished" product by definition. This warranty shall begin upon final
acceptance and extend for a period of one (1) year. If any nonconforming Work is identified within the warranty period, SELLER at LOCKHEED MARTIN's option, shall 

17

 

promptly
repair, replace, or reperform the non-conforming Work. Transportation of replacement Work, return of non-conforming Work, and reperformance of Work shall be at
SELLER', expense. If repair, or replacement, or reperformance of Work is not timely, LOCKHEED MARTIN may elect to return, reperform, or repair, replace, or reprocure the Work at SELLER's expense. All
warranties shall run to LOCKHEED MARTIN and its customers. 

18

  

	Term Sheet Clean Copy

10-15-2004 Final Agreement	 	Attachment A to PO 270662

Lockheed Martin and Uni-Pixel

Term Sheet  

        This term sheet dated 15 October 2004 represents a non-binding expression of terms between the business management entities of the respective
companies, whereas Lockheed Martin Systems Integration-Owego, Mil and Aerospace Business Unit shall be known as "LM' and Uni-Pixel Displays, Inc. shall be known as "UP". 

        The
Parties intend to pursue and negotiate *** which includes *** targeted to be *** after completion of this term sheet. This *** will incorporate the *** described herein and will also
include articles routinely included in an agreement of this type that include, but are not limited to, mutually agreed upon *** and limitation of liability *** to LM under this agreement. 

        Each
party shall receive *** Intellectual Property and Proprietary Information relating to Time Multiplexed Optical Shutter (TMOS) technology, solely for the field of use *** as defined
in the ***. 

        This
new technology is for flat panel, edge injected, light valve display technology that will allow manufacture of a full range of flat panel or *** sizes from *** and features lower
power consumption, simplified architecture, and better visual quality. 

        The
terms are as follows: 

	1.
	This
*** will consist of two elements, 1) The *** between UP and LM for UP (and LM related) Intellectual property as described below and, 2) A subcontract between LM and
UP for Prototype Development. The Subcontract is included as ANNEX A to this term sheet.

	2.
	LM
shall receive *** to *** UP's *** Intellectual Property and Proprietary Information relating to its TMOS technology, solely for ***. UP shall warrant its right *** UP Intellectual
Property. The intellectual property is listed in ANNEX B to this term sheet. In turn, UP shall receive from LM ***, LMs *** Intellectual Property, Proprietary Information, and/or
know-how realized from ***, solely for products *** markets. LM shall provide UP with *** Intellectual Property that LM has rights to *** or other information relevant to TMOS technology
acquired through parallel or Cooperative R&D efforts.

	3.
	The
term of the *** shall be for a minimum of *** years from the date of the first production item availability, with *** automatic renewal *** so long as *** (defined in the ***).
While exact purchase order value(s) cannot be determined at this time, it is estimated that the annual target for purchase order(s) will begin *** for the first year of limited production and
availability of UP panels. Targets for panel orders in the remaining years of the agreement ***. The Subcontract issued in Annex A and any subsequent subcontracts shall accrue toward the ***.

	4.
	LM's
shall name UP or UP's selected subcontractor as the *** supplier for TMOS *** panels. Requirements to be a *** supplier include, but are not limited to, ***. Upon completion of
the initial acceptable panels, UP shall develop and present LM *** which consists of the projected labor, material and profit required to produce production quantities.

	5.
	In
the event that LM is unable to meet the *** purchase order targets as required ***, or after the *** period expires or the *** is terminated, and LM desires to continue to use the
TMOS technology in the *** markets, LM agrees to pay ***. 

***
Confidential Information Omitted and Filed Separately with the Securities and Exchange Commission 

19

 
	6.
	In
the event that UP (or its subcontractors) are unable to *** produce panels to the standards, quantities, and schedule required by LM or its Customers and agreed upon by UP, or upon
written notification from UP that they are unable to perform, LM shall have the right to ***. LM agrees to also pay ***. This *** percentage ***.

	7.
	In
the event that LM chooses not to pursue a *** opportunity, LM agrees to "grant back" the right to sell products for the *** business opportunities not pursued by LM. UP agrees to
use LM as it's *** supplier of *** panels.

	8.
	UP
and LM shall agree to disclose to each other, improvements related directly to UP and LM Intellectual property for the period of ***. In the event that either party elects not to
pursue patent applications on relevant disclosures and applications or renew any patents that may be issued in the future, such party shall notify the other and the other shall be entitled to pursue
these patent applications and renew these patents. At the time that this renewal occurs, ownership of the patents would be transferred to the renewing party, with grant back rights to the other party.

	9.
	LM
and UP shall enter into a subcontract for TMOS prototype development. The *** shall define the rights to all Intellectual Property developed under the subcontract. Prior to
completion of the ***, and in consideration for the funds tendered from LM, LM shall have the right to practice UP's IP for the prototype development. Ownership of the physical prototypes will be
equally shared between UP and LM in consideration for amounts tendered under the Annex A.

	10.
	In
the unlikely event that, during the period of the ***, development efforts do not lead to a TMOS product marketable by LM then the *** may be terminated in accordance with the
terms of the ***.

	11.
	UP
is making *** to include *** terms to their commercial selling agreement which may preclude or limit use of *** products in the *** market segments to protect LM's *** position for
***. 

***
Confidential Information Omitted and Filed Separately with the Securities and Exchange Commission 

20

QuickLinks

Exhibit 10.12

Schedule B

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00086-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00086-of-00352.parquet"}]]