Document:

ACKNOWLEDGEMENT OF

FORFEITURE OF SHARES

April 7, 2011

Reference is hereby made to that certain Business Combination Agreement, dated as of January 9, 2011, as amended by that certain Amendment to Business Combination Agreement, dated February 18, 2011, Amendment No. 2 to Business Combination Agreement, dated March 17, 2011 and Amendment No. 3 to the Business Combination Agreement dated April 7, 2010,  in each case by and among 57th Street General Acquisition Corp., a Delaware corporation (“Parent”), 57th Street Merger Sub LLC, a Delaware limited liability company and wholly-owned subsidiary of Parent (“Merger Sub”), Crumbs Holdings LLC, a Delaware limited liability company (the “Company”), the members of the Company as set forth on the signature page thereto (each a “Member” and, collectively, the “Members”), and the representatives of the Company and the Members (the “Member Representatives”) (as amended, the “Business Combination Agreement”).

In order to induce the Company and the Members to enter into Amendment No. 3 to the Business Combination Agreement and in consideration of the mutual covenants and agreements contained herein and in the Business Combination Agreement and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the undersigned hereby acknowledges and agrees as follows:

1.           Capitalized terms used and not defined herein shall have the meanings ascribed thereto in the Business Combination Agreement.

2.           At the Effective Time, One Hundred Fifty Thousand (150,000) shares of Common Stock issued to the Parent Founder shall be canceled without any further consideration.

3.           On or prior to the Closing, Parent and Parent Founder shall, subject only to paragraph 4 hereof, irrevocably direct Continental Stock Transfer & Trust Company to cancel the foregoing shares of Common Stock effective as of the Effective Time.

4.           Solely in the event the Closing is not consummated, this Acknowledgement of Forfeiture of Shares shall be void and of no further force and effect, the foregoing One Hundred Fifty Thousand (150,000) shares of Common Stock issued to the Parent Founder shall not be canceled, and Parent and Parent Founder shall direct Continental Stock Transfer & Trust Company to that effect.

[SIGNATURE PAGE FOLLOWS]

 

  

  

  

 

IN WITNESS WHEREOF, the undersigned have executed this Acknowledgement as of the date first written above.

 

	 	 
57TH STREET GAC HOLDINGS LLC

	 
	 	 	 	 
	
 

	
By: 

	/s/ Mark Klein	 
	 	 	Name:  Mark Klein	 
	 	 	Title: Chairman and Chief Executive Officer	 
	 	 	 	 

Acknowledged and agreed:

 

	 
57TH STREET GENERAL ACQUISITION CORP.

	 
	 	 	 
	
By: 

	/s/ Mark Klein	 
	Name:  	Mark Klein	 
	Title: 	Chairman and Chief Executive OfficerUnassociated Document

 

Confidential Treatment Request-Redacted Copy

CONFIDENTIAL PORTIONS OF THIS AGREEMENT HAVE BEEN OMITTED AND FILED SEPARATELY. THE REDACTED TERMS HAVE BEEN MARKED AT THE APPROPRIATE PLACE WITH FOUR ASTERISKS ****.

 

 

Exhibit 10.1

National Renewable Energy Laboratory

Funds-in

Cooperative Research and Development Agreement

STEVENSON-WYDLER (15 U.S.C. 3710)

COOPERATIVE RESEARCH AND DEVELOPMENT AGREEMENT

(hereinafter "CRADA") No. ****

between

Alliance for Sustainable Energy, LLC, Operator of

The National Renewable Energy Laboratory

under its U.S. Department of Energy Contract No. DE-AC36-08GO28308,

1617 Cole Blvd., Golden, CO 80401 (hereinafter "Contractor")

and

New Energy Technologies Inc.

9192 Red Branch Road, Suite 110

Columbia, MD 21045

(hereinafter "Participant"),

both being hereinafter jointly referred to as the "Parties."

ARTICLE I.  Definitions

	
A.

	
"Government" means the Federal Government of the United States of America and agencies thereof.

	
B.

	
"DOE" means the Department of Energy, an agency of the Federal Government.

	
C.

	
"Contracting Officer" means the DOE employee administering the Contractor's DOE contract.

	
D.

	
"Generated Information" means information produced in the performance of this CRADA.

	
E.

	
"Proprietary Information" means information which embodies (i) trade secrets or (ii) commercial or financial information which is privileged or confidential under the Freedom of Information Act (5 U.S.C. 552 (b)(4)), either of which is developed at private expense outside of this CRADA and which is marked as Proprietary Information.

	
F.

	
"Protected CRADA Information" means Generated Information which is marked as being Protected CRADA Information by a Party to this CRADA and which would have been Proprietary Information had it been obtained from a non-Federal entity.

 

  

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G.

	
"Subject Invention" means any invention of the Contractor or Participant conceived or first actually reduced to practice in the performance of work under this CRADA.

	 

 

	
H. 

	
“Intellectual Property” means Patents, Trademarks, Copyrights, Mask Works, Protected CRADA Information and other forms of comparable property rights protected by Federal Law and foreign counterparts, except trade secrets.

	
I. 

	
“Trademark” means a distinctive mark, symbol, or emblem used in commerce by a producer or manufacturer to identify and distinguish its goods or services from those of others.

	
J. 

	
“Service Mark” means a distinctive word, slogan, design, picture, symbol, or anycombination thereof, used in commerce by a person to identify and distinguish its services from those of others.

	
K. 

	
“Mask Work” means a series of related images, however fixed or encoded, having orrepresenting the predetermined, three-dimensional pattern of metallic, insulating, or semiconductor material present or removed from the layers of a semiconductor chip product and in which series the relation of the images to one another is that each image has the pattern of the surface of one form of the semiconductor chip product.

	
L.

	
“Background Intellectual Property” means the Intellectual Property identified by the Parties (in an Appendix titled “Background Intellectual Property” if applicable), which was in existence prior to or is first produced outside of this CRADA, except that in the case of inventions in those identified items, the inventions must have been conceived outside of this CRADA and not first actually reduced to practice under this CRADA to qualify as Background Intellectual Property.

	
M. 

	
“Foreign Interest” is defined as any of the following:

 

(1) A foreign government or foreign government agency;

(2) Any form of business enterprise organized under the laws of any country other than the United States or its possessions;

(3) Any form of business enterprise organized or incorporated under the laws of the United States, or a State or other jurisdiction within the United States, which is owned, controlled, or influenced by a foreign government, agency, firm, corporation or person; or

(4) Any person who is not a U.S. citizen.

	
N.

	
“Foreign ownership, control, or influence (FOCI)” means the situation where the degree of ownership, control, or influence over a participant by a foreign interest is such that a reasonable basis exists for concluding that compromise of classified information or special nuclear material, as defined in 10 CFR Part 710, may result.

ARTICLE II.  Joint Work Statement

Appendix A, Joint Work Statement, is an integral part of this CRADA.

ARTICLE III.  Term, Funding, and Costs

	
A.

	
The effective date of this CRADA shall be the latter date of (1) the date on which it is signed by the last of the Parties or (2) the date on which it is approved by DOE. The work to be performed under this CRADA shall be completed within **** from the effective date.

 

  

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B.  

	
The Participant's estimated contribution is **** funds-in.  The Government's estimated contribution, which is provided through the Contractor's contract with DOE, is ****.

	
C.  

	
Neither Party shall have an obligation to continue or complete performance of its work at a contribution in excess of its estimated contribution as contained in Article III B above, including any subsequent amendment.

	
D.  

	
Each Party agrees to provide at least thirty- (30) days’ notice to the other Party if the actual cost to complete performance will exceed its estimated cost.

	
E.  

	
The Participant shall provide Contractor sufficient advance funds to maintain approximately a **** advance of funds during the entire period of work. If this is a **** funds-in CRADA, no work will begin before the receipt of a sufficient cash advance. Failure of the Participant to provide the necessary advance funding is cause for termination of the CRADA.

ARTICLE IV.  Personal Property

All tangible personal property produced or acquired under this CRADA (specifically excluding Intellectual Property rights, Background Intellectual Property, and Proprietary Information) shall become the property of the Participant or the Government, depending upon whose funds were used to obtain it. Such property is identified in Appendix A, Joint Work Statement.  Personal property shall be disposed of as directed by the owner at the owner's expense. There shall not be any jointly funded property under this CRADA except by the mutual agreement of the Parties.

ARTICLE V.  Disclaimer

THE GOVERNMENT, THE PARTICIPANT, AND THE CONTRACTOR MAKE NO EXPRESS OR IMPLIED WARRANTY AS TO THE CONDITIONS OF THE RESEARCH OR ANY INTELLECTUAL PROPERTY, GENERATED INFORMATION, OR PRODUCT MADE OR DEVELOPED UNDER THIS CRADA, OR THE OWNERSHIP, MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE OF THE RESEARCH OR RESULTING PRODUCT. NEITHER THE GOVERNMENT, THE PARTICIPANT, NOR THE CONTRACTOR SHALL BE LIABLE FOR LOST PROFITS, LOST SAVINGS, SPECIAL, CONSEQUENTIAL, INCIDENTAL OR OTHER INDIRECT DAMAGES, EVEN IF SUCH PARTY IS MADE AWARE OF THE POSSIBILITY THEREOF.

ARTICLE VI.  Product Liability

Except for any liability resulting from any negligent acts or omissions of Contractor, the Participant indemnifies the Government and the Contractor for all damages, costs and expenses, including attorney's fees, arising from personal injury or property damage occurring as a result of the making, using or selling of a product, process or service by or on behalf of the Participant, its assignees or licensees, which was derived from the work performed under this CRADA. In respect to this article, neither the Government nor the Contractor shall be considered assignees or licensees of the Participant, as a result of reserved Government and Contractor rights. The indemnity set forth in this paragraph shall apply only if the Participant shall have been informed as soon and as completely as practical by the Contractor and/or the Government of the action alleging such claim and shall have been given an opportunity, to the maximum extent afforded by applicable laws, rules, or regulations, to participate in and control its defense, and the Contractor and/or the Government shall have provided all reasonably available information and reasonable assistance requested by the Participant. No settlement for which the Participant would be responsible shall be made without the Participant's consent unless required by final decree of a court of competent jurisdiction.

  

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ARTICLE VII.  Obligations As To Proprietary Information

	
A.  

	
Each Party agrees to not disclose Proprietary Information provided by another Party to anyone other than the CRADA Participant and Contractor without written approval of the providing Party, except to Government employees who are subject to the statutory provisions against disclosure ofconfidential information set forth in the Trade Secrets Act (18 U.S.C.1905).

	
B.  

	
If Proprietary Information is orally disclosed to a Party, it shall be identified as such, orally, at the time of disclosure and confirmed in a written summary thereof, appropriately marked by the disclosing Party, within ten (10) days as being Proprietary Information.

	
C.  

	
All Proprietary Information shall be returned to the provider thereof at the conclusion of this CRADA at the provider's expense.

	
D.  

	
All Proprietary Information shall be protected for a period of **** years from the effective date of this CRADA, unless such Proprietary Information becomes publicly known without the fault of the recipient, shall come into recipient's possession without breach by the recipient of any of the obligations set forth herein, or is independently developed by recipient's employees who did not have access to such Proprietary Information.

	
E.  

	
In no case shall the Contractor provide Proprietary Information of the Participant to any person or entity for commercial purposes, unless otherwise agreed to in writing by such Participant.

ARTICLE VIII.  Obligations As To Protected CRADA Information

A.      Each Party may designate as Protected CRADA Information any Generated Information produced by its employees which meets the definition of Article I.F and, with the agreement of the other Party, so designate any Generated Information produced by the other Party’s employees which meets the definition of Article I. F. All such designated Protected CRADA Information shall be appropriately marked.

B.      For a period of **** years from the date Protected CRADA Information is produced, the Parties agree not to further disclose such information except:

 

	
  

	
(1)

	
as necessary to perform this CRADA;

 

	
  

	
(2)

	
as provided in Article XI [REPORTS AND ABSTRACTS];

 

	
  

	
(3)

	
as requested by the DOE Contracting Officer to be provided to other DOE facilities for use only at those DOE facilities with the same protection in place;

 

	
  

	
(4)

	
to existing or potential licensees, affiliates, customers, or suppliers of the Parties in support of commercialization of the technology with the same protection in place. Disclosure of the Participant's Protected CRADA Information under this subparagraph shall only be done with the Participant's consent; or

 

	
  

	
(5)

	
as mutually agreed in writing by the Parties in advance.

  

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C.      The obligations of paragraph B. above shall end sooner for any Protected CRADA Information which shall become publicly known without fault of either Party, shall come into a Party's possession without breach by that party of the obligations of paragraph B above, or shall be independently developed by a Party's employees who did not have access to the Protected CRADA Information.

 

ARTICLE IX.  Rights in Generated Information

The Parties agree that they shall have no obligations of nondisclosure or limitations on their use of, and the Government shall have unlimited rights in, all Generated Information produced and information provided by the Parties under this CRADA, except for (a) information which is marked as being Copyrighted (subject to Article XIII) or as Protected CRADA Information (subject to Article VIII B) or as Proprietary Information (subject to Article VII B), or (b) information that discloses an invention which may later be the subject of a U.S. or foreign Patent application.

ARTICLE X.  Export Control

THE PARTIES UNDERSTAND THAT MATERIALS AND INFORMATION RESULTING FROM THE PERFORMANCE OF THIS CRADA MAY BE SUBJECT TO EXPORT CONTROL LAWS AND THAT EACH PARTY IS RESPONSIBLE FOR ITS OWN COMPLIANCE WITH SUCH LAWS.

ARTICLE XI.  Reports and Abstracts

	
A.

	
The Parties agree to produce the following deliverables:

 

	
  

	
(1)

	
an initial abstract suitable for public release at the time the CRADA is approved by DOE;

 

	
  

	
(2)

	
other abstracts (final when work is complete, and others as substantial changes in scope and dollars occur);

 

	 	
(3) 

	
a final report, upon completion or termination of this CRADA, to include a list of Subject Inventions;

 

	 	
(4)

	
an annual signed financial report of the Participant’s in-kind contributions to the project;

 

	
  

	
(5)

	
other topical/periodic reports, when the nature of research and magnitude of dollars justify, as set forth in Appendix A; and

 

	
  

	
(6)

	
computer software in source and executable object code format as defined within the Joint Work Statement or elsewhere within the CRADA documentation.

 

Each of the above-identified deliverables shall include the project identification number as described in DOE’s Research and Development (R&D) Tracking System Data and Process Guidance Document (http://www.osti.gov/rdprojects/guidance.jsp).

	
B.

	
The Parties acknowledge that the Contractor has the responsibility to provide the above information at the time of its completion to the DOE Office of Scientific and Technical Information.

	
C.

	
The Participant agrees to provide the above information to the Contractor to enable full compliance with paragraph B of this article.

	
D.

	
The Parties acknowledge that the Contractor and the DOE have a need to document the long-term economic benefit of the cooperative research under this CRADA. Therefore, the Participant shall respond to the Contractor’s reasonable requests, during the term of this CRADA and for a period of two (2) years thereafter for pertinent information.

 

  

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ARTICLE XII.  Prepublication Review

	
A.

	
The Parties anticipate that their employees may wish to publish technical developments and/or research findings generated in the course of this CRADA.  On the other hand, the Parties recognize that an objective of this CRADA is to provide business advantages to the Participant.  In order to reconcile publication and business concerns, the Parties agree to a review procedure as follows:

	
  

	
1.

	
Each Party (“Submitter”) shall submit to the other Party (“Recipient”), in advance, proposed written and oral publications pertaining to work under the CRADA.  Proposed oral publications shall be submitted to the Recipient in the form of a written presentation synopsis and a written abstract.

	
  

	
2.

	
The Recipient shall provide a written response to the Submitter within 30 days, either objecting or not objecting to the proposed publication.  The Submitter shall consider all objections of the Recipient and shall not unreasonably refuse to incorporate the suggestions and meet the objections of the Recipient.  The proposed publication shall be deemed not objectionable, unless the proposed publication contains Proprietary Information, Protected CRADA Information, export controlled information or material that would create potential statutory bars to filing the United States or corresponding foreign Patent applications, in which case express written permission shall be required for publication.  In the event an objection is raised because of potential statutory bar, the Recipient shall file its Patent application within 30 days of making such objection, after which time the Submitter is free to publish.

	
B.

	
The Parties agree that neither will use the name of the other Party or its employees in any promotional activity, such as advertisements, with reference to any product or service resulting from this CRADA, without prior written approval of the other Party.

ARTICLE XIII.  Copyrights

	
A.

	
The Parties may assert Copyright in any of their Generated Information. Assertion of Copyright generally means to enforce or give an indication of an intent or right to enforce such as by marking or securing Federal registration.

	
B.

	
Each Party shall have the first option to assert Copyright in works authored by its employees. Copyrights in co-authored works by employees of the Parties shall be held jointly, and use by either Party shall be without accounting. A Party electing not to assert Copyright in a work authored by its employees agrees to assign such Copyright to the other Party upon the request of, and at the expense of, the other Party.

	
C.

	
For Generated Information, the Parties acknowledge that the Government has for itself and others acting on its behalf, a royalty-free, non-transferable, nonexclusive, irrevocable worldwide Copyright license to reproduce, prepare derivative works, distribute copies to the public, and perform publicly and display publicly, by or on behalf of the Government, all Copyrightable works produced in the performance of this CRADA, subject to the restrictions this CRADA places on publication of Proprietary Information and Protected CRADA Information.

 

  

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D.  

	
For all Copyrighted computer software produced in the performance of this CRADA, the Party owning the Copyright will provide the source code, an expanded abstract as described in Appendix A, the executable object code and the minimum support documentation needed by a competent user to understand and use the software to U.S. Department of Energy Office of Scientific and Technical Information - Energy, Science, and Technology Software Center, P.O. Box 62, 1 Science Gov Way,  Oak Ridge, TN 37831-1020.  The expanded abstract will be treated in the same manner as Generated Information in paragraph C. of this article.

	
E.  

	
The Contractor and the Participant agree that, with respect to any Copyrighted computer software produced in the performance of this CRADA, DOE has the right, at the end of the period set forth in paragraph B. of Article VIII hereof and at the end of each 2-year interval thereafter, to request the Contractor and the Participant and any assignee or exclusive licensee of the Copyrighted software to grant a nonexclusive, partially exclusive, or exclusive license to a responsible applicant upon terms that are reasonable under the circumstances, provided such grant does not cause a termination of any licensee’s right to use the Copyrighted computer software. If the Contractor or the Participant or any assignee or exclusive licensee refuses such request, the Contractor and the Participant agree that DOE has the right to grant the license if DOE determines that the Contractor, the Participant, assignee, or licensee has not made a satisfactory demonstration that it is actively pursuing commercialization of the Copyrighted computer software.

Before requiring licensing under this paragraph E, DOE shall furnish the Contractor/Participant written notice of its intentions to require the Contractor/Participant to grant the stated license, and the Contractor/Participant shall be allowed 30 days (or such longer period as may be authorized by the cognizant DOE Contracting Officer for good cause shown in writing by the Contractor/ Participant) after such notice to show cause why the license should not be required to be granted.

The Contractor/Participant shall have the right to appeal the decision by DOE to the grant of the stated license to the Invention Licensing Appeal Board as set forth in paragraphs (b) – (g) of 10 CFR 781.65, “Appeals.”

	
F.  

	
The Parties agree to place Copyright and other notices, as appropriate for the protection of Copyright, in human-readable form onto all physical media, and in digitally encoded form in the header of machine-readable information recorded on such media such that the notice will appear in human-readable form when the digital data are off-loaded or the data are accessed for display or printout.

ARTICLE XIV.  Reporting Subject Inventions

	
A.

	
The Parties agree to disclose to each other each Subject Invention which may be patentable or otherwise protectable under the Patent Act. The Parties agree that the Contractor and the Participant will disclose their respective Subject Inventions to DOE and each other within two (2) months after the inventor first discloses the Subject Invention in writing to the person(s) responsible for Patent matters of the disclosing Party.

	
B.

	
These disclosures should be in sufficiently complete technical detail to convey a clear understanding, to the extent known at the time of the disclosure, of the nature, purpose and operation of the Subject Invention. The disclosure shall also identify any known actual or potential statutory bars, i.e., printed publications describing the Subject Invention or the public use or “on sale” of the Subject Invention in this country. The Parties further agree to disclose to each other any subsequently known actual or potential statutory bar that occurs for a Subject Invention disclosed but for which a Patent application has not been filed. All Subject Invention disclosures shall be marked as confidential under 35 U.S.C. 205.

  

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ARTICLE XV.  Title to Subject Inventions

Wherein DOE has granted the Participant and the Contractor the right to elect to retain title to their respective Subject Inventions, and wherein the Participant has the option to choose an exclusive license, for reasonable compensation, for a pre-negotiated field of use to the Contractor’s Subject Inventions,

	
A.

	
Each Party shall have the first option to elect to retain title to any Subject Invention made by its employees, and that election shall be made: (1) for the Participant, within 12 months of disclosure of the Subject Invention to DOE, or (2) for the Contractor, within 12 months of disclosure of the Subject Invention to DOE. If a Party elects not to retain title to any Subject Invention of its employees, the other Party shall have the second option to elect to retain title to such Subject Invention. DOE may obtain title to any Subject Invention which is not retained by any Party. For Subject Inventions conceived or first actually reduced to practice under this CRADA, which are joint Subject Inventions made by the Contractor and the Participant, title to such Subject Inventions shall be jointly owned by the Contractor and the Participant.

	
B.

	
The Parties acknowledge that DOE may obtain title to each Subject Invention reported under Article XIV for which a Patent application or applications are not filed pursuant to Article XVI and for which any issued Patents are not maintained by any Party to this CRADA.

	
C.  

	
The Parties acknowledge that the Government retains a nonexclusive, nontransferable, irrevocable, paid-up license to practice or to have practiced for or on behalf of the United States every Subject Invention under this CRADA throughout the world. The Parties agree to execute a Confirmatory License to affirm the Government’s retained license.

	
D.

	
During the term of this CRADA and for a period of 6 months after the termination or completion of the CRADA, the Participant shall have the opportunity, pursuant to 15 U.S.C. 3710a, to obtain a license to Contractor Subject Inventions.  In particular, the Participant shall have the option to obtain up to and including an exclusive license to Contractor Subject Inventions within a defined field of use on agreed-upon reasonable terms and conditions, including the payment of negotiated license fees and royalties.

ARTICLE XVI.  Filing Patent Applications

A.      The Parties agree that the Party initially indicated as having an ownership interest in any Subject Inventions (“Inventing Party”) shall have the first opportunity to file U.S. and foreign Patent applications. If the Participant does not file such applications within one year after election, or if the Contractor does not file such applications within the filing time specified in its prime contract, the other Party to this CRADA exercising an option pursuant to Article XV may file Patent applications on such Subject Inventions. If a Patent application is filed by the other Party (Filing Party), the Inventing Party shall reasonably cooperate and assist the Filing Party, at the Filing Party's expense, in executing a written assignment of the Subject Invention to the Filing Party and in otherwise perfecting the Patent application, and the Filing Party shall have the right to control the prosecution of the Patent application. The Parties shall agree between themselves as to who will file Patent applications on any joint Subject Invention.

 

  

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B.      The Parties agree that DOE has the right to file Patent applications in any country if neither Party desires to file a Patent application for any Subject Invention. Notification of such negative intent shall be made in writing to the DOE Contracting Officer within three (3) months of the decision of the non-Inventing Party to not file a Patent application for the Subject Invention pursuant to Article XV or not later than 60 days prior to the time when any statutory bar might foreclose filing of a U.S. Patent application.

C.      The Parties agree to include within the beginning of the specification of any U.S. Patent applications and any Patent issuing thereon (including foreign Patents) covering a Subject Invention, the following statement: “This invention was made under a CRADA (identify CRADA number) between (name of Participant) and (name of laboratory) operated for the United States Department of Energy. The Government has certain rights in this invention.”

 

D.      A Party electing title or filing a Patent application in the United States or in any foreign country shall advise the other Party and DOE if it no longer desires to continue prosecution, pay maintenance fees, or retain title in the United States or any foreign country. The other Party and then DOE will be afforded the opportunity to take title and retain the Patent rights in the United States or in any such foreign country.

 

ARTICLE XVII.  Trademarks [Reserved]

ARTICLE XVIII.  Mask Works [Reserved]

ARTICLE XIX.  Cost of Intellectual Property Protection

Each Party shall be responsible for payment of all costs relating to Copyright, Trademark, and Mask Work filing; U.S. and foreign Patent application filing and prosecution; and all costs relating to maintenance fees for U.S. and foreign Patents hereunder which are solely owned by that Party.  Government/DOE laboratory funds contributed as DOE’s cost share to a CRADA cannot be given to the Participant for payment of the Participant’s costs of filing and maintaining Patents or filing for Copyrights, Trademarks, or Mask Works.

ARTICLE XX.  Reports of Intellectual Property Use

The Participant agrees to submit, for a period of five (5) years from the date of termination or completion of this CRADA and upon request of DOE, a report containing non-confidential information no more frequently than annually on efforts to utilize any Intellectual Property arising under the CRADA.

ARTICLE XXI.  DOE March-In Rights

The Parties acknowledge that DOE has certain march-in rights to any Subject Inventions in accordance with 48 CFR 27.304-1(g) and 15 U.S.C. 3710a(b)(1)(B) and (C).

 

ARTICLE XXII.  U.S. Competitiveness

The Parties agree that a purpose of this CRADA is to provide substantial benefit to the **** economy.

 

  

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A.

	
In exchange for the benefits received under this CRADA, the Participant therefore agrees to the following:

	
1.    

	
Products embodying Intellectual Property developed under this CRADA shall be substantially manufactured in the ****; and

	
2.    

	
Processes, services, and improvements thereof which are covered by Intellectual Property developed under this CRADA shall be incorporated into the Participant's manufacturing facilities in the **** either prior to or simultaneously with implementation ****. Such processes, services, and improvements, when implemented ****, shall not result in reduction of the use of the same processes, services, or improvements ****.

	
B.

	
The Contractor agrees to a U.S. Industrial Competitiveness clause in accordance with its prime contract with respect to any licensing and assignments of its intellectual property arising from this CRADA, except that any licensing or assignment of its intellectual property rights to the Participant shall be in accordance with the terms of paragraph A of this article.

ARTICLE XXIII.  Assignment of Personnel

	
A.

	
Each Party may assign personnel to the other Party's facility as part of this CRADA to participate in or observe the research to be performed under this CRADA. Such personnel assigned by the assigning Party shall not during the period of such assignments be considered employees of the receiving Party for any purpose.

	
B.

	
The receiving Party shall have the right to exercise routine administrative and technical supervisory control of the occupational activities of such personnel during the assignment period and shall have the right to approve the assignment of such personnel and/or to later request their removal by the assigning Party.

	
C.

	
The assigning Party shall bear any and all costs and expenses with regard to its personnel assigned to the receiving Party's facilities under this CRADA. The receiving Party shall bear the costs of providing an appropriate workspace, access to a telephone, use of laboratory, manufacturing or other work areas as appropriate, and any other utilities and facilities related to such assignments.

ARTICLE XXIV.  Force Majeure

No failure or omission by the Contractor or the Participant in the performance of any obligation under this CRADA shall be deemed a breach of this CRADA or create any liability if the same shall arise from any cause or causes beyond the control of the Contractor or the Participant, including but not limited to the following, which, for the purpose of this CRADA, shall be regarded as beyond the control of the Party in question: Acts of God, acts or omissions of any government or agency thereof, compliance with requirements, rules, regulations, or orders of any governmental authority or any office, department, agency, or instrumentality thereof, fire, storm, flood, earthquake, accident, acts of the public enemy, war, rebellion, insurrection, riot, sabotage, invasion, quarantine, restriction, transportation embargoes, or failures or delays in transportation.

ARTICLE XXV.  Administration of the CRADA

The Contractor enters into this CRADA under the authority of its prime contract with DOE. The Contractor is authorized to and will administer this CRADA in all respects unless otherwise specifically provided for herein. Administration of this CRADA may be transferred from the Contractor to DOE or its designee with notice of such transfer to the Participant, and the Contractor shall have no further responsibilities except for the confidentiality, use and/or nondisclosure obligations of this CRADA.

  

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ARTICLE XXVI.  Records and Accounting for Government Property

The Participant shall maintain records of receipts, expenditures, and the disposition of all Government property in its custody related to the CRADA.

ARTICLE XXVII.  Notices and Project Management

	
A.

	
Any communications required by this CRADA, if given by postage prepaid first class U.S. Mail or other verifiable means addressed to the Party to receive the communication, shall be deemed made as of the day of receipt of such communication by the addressee, or on the date given if by verified facsimile. Address changes shall be given in accordance with this article and shall be effective thereafter. All such communications, to be considered effective, shall include the number of this CRADA.

FORMAL NOTICES AND COMMUNICATIONS, COPIES OF REPORTS

Participant:

John A. Conklin

New Energy Technologies Inc.

9192 Red Branch Road, Suite 110

Columbia, MD 21045

Tel: (301) 579-5053

Fax: (240) 554-2316

Contractor:

Anne Miller

Commercialization & Technology Transfer

National Renewable Energy Laboratory,

1617 Cole Boulevard

Golden, CO 80401-3393

Tel: (303) 384- 7353

Fax: (303) 275-3040

	
A.  

	
Each Party shall assign and identify in writing a project manager prior to the start of the CRADA.  Either party may change its project manager by providing written notification to the other Party.  Each project manager shall be responsible for coordinating all matters relating to this CRADA, any Joint Work Statement hereunder, and all other relating matters between the Parties.  All communications between the Parties relating to this CRADA shall take place between the project managers.

PROJECT MANAGERS, REPORTS, COPIES OF FORMAL NOTICES AND COMMUNICATIONS:

Participant:

John A. Conklin

New Energy Technologies Inc.

9192 Red Branch Road, Suite 110

Columbia, MD 21045

Tel: (301) 579-5053

Fax: (240) 554-2316

  

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Contractor:

David Ginley

National Renewable Energy Laboratory,

1617 Cole Boulevard

Golden, CO 80401-3393

Tel: (303) 384- 6573

Fax: (303) 384- 6430

	
B.  

	
The Parties will use reasonable efforts to manage the disclosure of Proprietary Information or Protected CRADA Information through the project managers or their designees; however, failure to do so will not cause any marked Proprietary Information or any marked Protected CRADA Information to lose the protection afforded by Articles VII and VIII.

ARTICLE XXVIII.  Disputes

At the request of either Party, after reasonable attempt to settle without arbitration, any controversy or claim arising out of or relating to the CRADA shall be settled by arbitration conducted in the State of Colorado in accordance with the then current and applicable rules of the American Arbitration Association. Judgment upon the award rendered by the Arbitrator(s) shall be nonbinding on the Parties.

ARTICLE XXIX.  Entire CRADA and Modifications

	
A.

	
This CRADA with its appendices contains the entire agreement between the Parties with respect to the subject matter hereof, and all prior representations or agreements relating hereto have been merged into this document and are thus superseded in totality by this CRADA. This CRADA shall not be effective until approved by DOE.

	
B.

	
Any agreement to materially change any terms or conditions of this CRADA or the appendices shall be valid only if the change is made in writing, executed by the Parties hereto, and approved by DOE.

ARTICLE XXX.  Termination

This CRADA may be terminated by either Party upon thirty (30) days written notice to the other Party. This CRADA may also be terminated by the Contractor in the event of failure by the Participant to provide the necessary advance funding (if applicable), as agreed in Article III. In the event of termination by either Party, each Party shall be responsible for its share of the costs incurred through the effective date of termination, as well as its share of the costs incurred after the effective date of termination, and which are related to the termination. Upon termination or completion of the CRADA and after a full accounting of all Contractor costs and expenses, Contractor shall return any funding provided by Participant that has not been spent or committed in connection with the performance of the work.

ARTICLE XXXI. Background Intellectual Property

Each Party may use the other Party’s Background Intellectual Property identified in an Appendix to this CRADA solely in performance of research under the Joint Work Statement.  This CRADA does not grant to either Party any option, grant, or license to commercialize, or otherwise use the other Party’s Background Intellectual Property.  Licensing of Background Intellectual Property, if agreed to by the Parties, shall be the subject of separate licensing agreements between the Parties.

  

12

  

 

Each Party has used reasonable efforts to list all relevant Background Intellectual Property, but Intellectual Property may exist that is not identified.  Neither Party shall be liable to the other Party because of failure to list Background Intellectual Property.

Approval:

	
FOR CONTRACTOR:

	  	
FOR PARTICIPANT:

	
BY

 

	  	
BY

	
TITLE: C. Porto

             Senior Vice President

 

	  	
TITLE

	
DATE

 

	  	
DATE

	
DOE APPROVAL FOR CONTRACTOR TO ENTER INTO THE AGREEMENT

 

	 	 
	
BY

 

	 	 
	
TITLE

 

	 	 
	
DATE

 

	 	 

  

13

  

 

National Renewable Energy Laboratory

Cooperative Research and Development Agreement

Appendix A—Joint Work Statement

CRADA # ****

Title: OPV Electricity-Generating Coating Development

	
Abstract of CRADA work:

New Energy Technologies is developing ****.  Jointly New Energy Technologies (Company) and NREL will advance the current **** by enhancing ****, ****, and **** technology.  These objectives will be completed following a multi-step approach.

Participant Name and Address:

New Energy Technologies Inc.

9192 Red Branch Road, Suite 110

Columbia, MD 21045

(800) 213-0689

Participant Type

	
Foreign 

	
[   ]

	
University 

	
[   ]

	
Small Business

	
[X]

	
LargeBusiness

	
[   ]

	
State& Local Government                      

	
[   ]

	
Not-for-Profit 

	
[   ]

	
Schedule

The Period of Performance for this effort is ****.

	
Purpose

Work under this CRADA will be directed towards enhancing ****, ****, and **** technology.

 

  

14

  

 

Task Descriptions and Estimated Completion Dates

Tasks

	
1.  

	
Develop & Define **** **** - Current Device must be **** for **** and **** applications.  In this task we will develop a **** for the **** in a **** product.  This will entail establishing a general set of goals for the ****/**** of the device, ****, potential device **** for improved **** and ****.  This Task will establish jointly defined goals for overall device ****

 

	
a.  

	
Milestone – establishment of **** for device ****.

	
b.  

	
Schedule:   ****

 

	
2.  

	
**** & **** - Given the device **** established above we will **** current **** and jointly propose a **** to be the focus of the remainder of the CRADA tasks.  The **** will target appropriate **** and **** with a goal of a **** module

	
a.  

	
Milestone – identify **** **** for ****

	
b.  

	
Schedule: ****

 

	
3.  

	
**** of **** Device - This task will focus on the development of a **** device meeting the **** device goals established above.  Key parts of this process will be:

	
a.  

	
The selection of **** as necessary and their ****.  Because of the time constant we will pick the best **** of **** and **** as they become ****.

	
b.  

	
Integration of **** into a **** with appropriate ****

	
c.  

	
Integration of the **** into a **** device ****

	
d.  

	
Demonstration of ****/**** package with target ****

	
e.  

	
Milestone – demonstration of **** of **** with an **** of up to ****.

	
f.  

	
Schedule:    ****

 

	
4.  

	
**** Array **** - This task will focus on the **** of the ****.  Work will be initiated early on to establish a **** with ****.  The goal will be to establish **** of the proposed **** to **** using a **** and/or ****.  Optimization of ****, ****, and **** including **** to optimize ****.  Key will be **** the **** to map the **** of the process and use this to **** parameters.

	
a.  

	
Milestone demonstrate a**** device with an **** and a **** of**** with an **** with **** and ****.  NREL will **** the **** that will have the **** of ****.  Initially, as a consequence of **** and **** will focus on ****.  While this is limited in **** wise, it will clearly indicate the **** necessary to **** to **** areas and **** devices will be the platform to demonstrate ****.

	
b.  

	
Schedule:   ****.

	
c.  

	
Milestone **** a **** device with an **** of **** and a **** of **** with an array with **** and ****.  Focus in this task is to demonstrate a **** approach.  Note that the current state of the art in **** modules is about **** thus this is a very **** goal which would probably be a ****.

	
d.  

	
Schedule: ****

 

	
5.  

	
**** & **** Testing - This task will evaluate the **** of **** to confirm **** for at least **** hours, based on these **** we **** to **** to **** of **** hours.  Initial **** will be on **** devices for **** hours.

 

	
a.  

	
Milestone demonstrate the desired **** has a packaged lifetime of **** hours.

 

  

15

  

 

Participant will assist in testing and evaluation of the process technology developed under the CRADA and **** the **** to integrate it into **** products at designated facilities.  The ****developed under this CRADA may be integrated by Participant into the development and deployment of ****, ****, and **** products.

 

NREL will update Participant on the progress of the work via teleconference calls no less frequently than monthly.

	
Funding Table

	
Estimated Costs

	
NREL

Shared Resources

	
Participant

Shared Resources

	
Participant

Funds In

	
Totals

	
Year ****

	
$****

	
$****

	
$****

	
$****

	
Year ****

	
$****

	
$****

	
$****

	
$****

	
Year ****

	
$****

	
$****

	
$****

	
$****

	
TOTALS

	
$****

	
$****

	
$****

	
$****

	
Fed Admin Charge on Funds-in

	
----

	
----

	
****

	  

	
DOE Mission Area to benefit from this CRADA:

	
Energy

	
           [X]

	
Environmental Quality  [   ]

	
Science

	
           [   ]

	
Other, name:                   [   ]

	
CRADA benefit to DOE, Participant, and US Taxpayer:

The technology developed under this CRADA would enable the Participant to**** and **** with **** and ****.   In that the technology **** under the CRADA would facilitate the **** and **** of ****, it is aligned with the objectives of the DOE National Solar Energy Programs.   The CRADA will benefit the U.S. taxpayer by promoting the adoption of clean energy technology and contributing to the growth and viability U.S. **** industry.

DOE Program Manager:  Ramamoorthy Ramesh

510-642-2347

	
CRADA format is Modular CRADA. If other, such as multilab or USIC, identify:

	
N/A.

Special Considerations

Background Intellectual Property:

No   [   ]   Yes   [X]  If yes, list: See attached Appendix B

Is Participant interested in licensing BIP at this time:

No   [   ]   Yes   [   ]  [ X]  To be determined

If yes, identify any known special issues with a potential license (i.e., BIP still in ROI stage, or already exclusively licensed, or has broader applications than scope of CRADA, or in contention right now with another partner. If none, write “NONE.”).

 

  

16

  

 

Are human or animal subjects to be used as part of this CRADA?

No  [X]    Yes  [   ]

Have all necessary ES&H and quality (NEPA) reviews been completed?

Yes  [X]    No  [   ] (if not, explain)

Are there any organizational or personal conflicts of interest associated with this CRADA?

No   [X]    Yes  [   ] (explain)

NREL maintains on file signed COI certificates for each employee with a substantial role in this CRADA.

Will export controlled information be produced?

No   [X]    Yes  [   ] (if yes, identify)

Fairness of Opportunity requirements have been satisfied by:

[X] Participant approached laboratory

[   ] Participant responded to FedBizOpps announcement

[   ] Participant was contacted by laboratory after or during broad public announcement or solicitation

For 100% funds-in CRADAs, the Participant has been notified of other types of technology transfer agreements, such as Work for Others.

[  ] Yes     [  ] No    [ X ] N/A

Did the Participant require any substantive changes to the Modular CRADA or any changes to double-underlined language?

No  [X]    Yes  [   ]  If yes, attach copies of the proposed modified articles. If substantively altered, attach Participant’s US Competitiveness justification.

Additional Special Considerations: NONE

 

 

  

17

  

 

Appendix B

BACKGROUND INTELLECTUAL PROPERTY

Patents, Patent Applications, and Record of Inventions

Agreement No.:  ****

Title: ****

The Contractor (National Renewable Energy Laboratory) and the Participant (Company) have identified and agreed that the following Background Intellectual Property may be used in the performance of work under this CRADA and may be needed to practice the results of this CRADA.

National Renewable Energy Laboratory (NREL):

NREL Record of Invention No.: ****

U.S. Patent Application No.: ****

Title: ****

Inventors: ****

Filing Date: ****

NREL Record of Invention No.: ****

U.S. Patent Application No.: ****

Title: ****

Inventors: ****

Filing Date: ****

NREL Record of Invention No.: ****

U.S. Provisional Application No.: ****

Title: ****

Inventors:  ****

Filing Date: ****

In accordance with 35 U.S.C. § 205, the technology and information contained in, or covered by, any above listed unpublished NREL patent applications, Innovation Reports and ROIs comprise NREL Protected Information. NREL Protected Information means information generated by the Contractor under its DOE Contract, which is marked as NREL Protected Information and defined in 15 U.S.C. § 3710a(c)(7)(B) to be “a trade secret or would comprise commercial or financial information that is privileged or confidential if it were obtained from a non-Federal party”.  NREL Protected Information may also include, by way of example and not limitation, technical data, computer software, drawings, photographs, process information, samples, equipment, specifications, microorganisms and the like.

The Participant agrees to maintain NREL Protected Information as confidential and to use NREL Protected Information only at the Participant’s organization in connection with the performance of the Joint Work Statement and in accordance to Article XXVII.B and C of the CRADA.

  

18

  

Upon termination of this Agreement, the Participant agrees to promptly discontinue its use of the above listed NREL Protected Information, and will, at the Contractor's request, return or destroy all remaining NREL Protected Information.  In the event the Contractor terminates this Agreement pursuant to Article XXX of the CRADA herein, the Participant’s right to NREL Protected Information listed in this Appendix B will automatically terminate.

PARTICIPANT:

United States Patent No. :

Inventors:

Issue or Filing Date:

 

 

  

19

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