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2022/03/01 Innocode, Inc. INNOVATION CONTRACT THIS INNOVATION CONTRACT (“Agreement”) is made and effective this ______ day of _______________, 2021 (“Effective Date”) by and between the CITY OF MENIFEE, a California municipal corporation, (“Pilot Customer”) and INNOCODE Incorporated, a California Corporation (“Supplier”). Pilot Customer and Supplier may sometimes herein be referred to individually as a “Party” and collectively as the “Parties.” DocuSign Envelope ID: 22DEEB46-0F72-450E-9DA5-A2B36250BCF7 1 March, 2022 -i- CONTENTS 1 DEFINITIONS ............................................................................................................................... 1 2 BACKGROUND AND PURPOSE .................................................................................................... 2 3 STEERING GROUP, STEERING GROUP MANAGER, PROJECT MANAGER .................................... 2 4 WORK PLAN ................................................................................................................................ 3 5 JOINT OBLIGATIONS OF THE PARTIES ......................................................................................... 3 6 FINANCING OF THE PROJECT ...................................................................................................... 4 7 PROJECT BACKGROUND ............................................................................................................. 4 8 PROJECT RESULTS ....................................................................................................................... 4 9 AGREEMENT REGARDING PRODUCTION OF PRODUCTS WHICH ARE PART OF THE PROJECT RESULTS ...................................................................................................................................... 5 10 DUTY OF SECRECY ....................................................................................................................... 6 11 BREACH ....................................................................................................................................... 6 12 SUB-SUPPLIERS, EMPLOYER LIABILITY AND LEGAL SUBJECT ...................................................... 7 13 DURATION AND TERMINATION .................................................................................................. 7 14 GOVERNING LAW AND LEGAL VENUE ........................................................................................ 7 15 SIGNING ...................................................................................................................................... 8 16 MISCELLANEOUS......................................................................................................................... 8 EXHIBIT A - SPECIFICATION .................................................................................................................... 10 EXHIBIT B - PROJECT BUDGET ................................................................................................................ 12 EXHIBIT C – OFFER LETTER..................................................................................................................... 15 EXHIBIT D – SAMPLE WORK PLAN ......................................................................................................... 24 DocuSign Envelope ID: 22DEEB46-0F72-450E-9DA5-A2B36250BCF7 -1- THE FOLLOWING HAS BEEN AGREED: 1 DEFINITIONS 1.1 "Agreement" means this innovation contract concerning research and development cooperation, with all annexes. 1.2 “Final Report” means the report at the conclusion of the project that describes the results obtained from the Innovation Project on the basis of the application and the assorted assignment specification. 1.3 “Innovation Norway” means the Norwegian Government’s institution for innovation and development of Norwegian enterprises and industry to which Supplier owes certain obligations as further detailed by the Offer Letter and this Agreement. 1.4 "Intellectual Property Rights" mean all rights to technical solutions, methods, processes and procedures, whether these have been patented, may be patented or not, and all copyrights and rights to trademarks, designs, plant varieties, databases, circuit patterns, drawings, specifications, prototypes, business secrets, know-how and similar. 1.5 "Offer Letter" means the offer letter from Innovation Norway, a Norwegian Government institution, to Innocode AS attached hereto as Exhibit “C”. Supplier, as a California-based entity owned primarily by Innocode AS, is fulfilling Innocode AS’ obligations under the Offer Letter by entering into, being bound by, and executing this Agreement. 1.6 "Pilot Customer" means the legal entity stated to be the pilot customer in the Specification. Pilot Customer and Supplier are each individually a “Party,” and collectively the “Parties.” 1.7 "Project" means the research and development of a citizen communication mobile application (app) by the Supplier with cooperation of the Pilot Customer. 1.8 "Project Background" means the material contributions and Intellectual Property Rights which the parties bring into the Project. 1.9 “Project Manager” means the person who will hold day-to-day responsibility for the Project, keeping the Steering Group informed of all significant aspects of the Project, and implementing decisions by the Steering Group. 1.10 "Project Result" means all results created or achieved in conjunction with the Project, including Intellectual Property Rights, irrespective of whether the results are protected by legislation. 1.11 “Steering Group” means the group responsible for ensuring the responsible organisation and performance of the Project in accordance with the Offer Letter and that the cooperation between the parties functions well. 1.12 “Steering Group Manager” means the person who is assigned the responsibility of managing the Steering Group. 1.13 "Specification" means the specification included in schedule 1, attached hereto as Exhibit “A”. DocuSign Envelope ID: 22DEEB46-0F72-450E-9DA5-A2B36250BCF7 11 (19) -2- 1.14 "Supplier" means the legal entity stated to be the supplier in the Specification. Pilot Customer and Supplier are each individually a “Party,” and collectively the “Parties.” 1.15 “Work Plan” means the document that is the basis for the professional and financial implementation of the Project, and for the concrete description of the Parties’ obligations. The Work Plan shall be adopted by the Steering Group. The Work Plan for this Agreement has not yet been developed and will be organized under the Agreement. Exhibit “D” is a sample work plan for reference purposes only. 2 BACKGROUND AND PURPOSE 2.1 Innovation Norway has granted the Supplier’s application for funding for the Project on the terms set out in the Offer Letter. 2.2 The purpose of the Agreement is to regulate the Parties' rights and obligations in conjunction with the performance of the Project in accordance with the Offer Letter. 2.3 Pilot Customer enters into this Agreement for good and valuable consideration in the form of the Project being developed to serve Pilot Customer. 2.4 Supplier enters into this Agreement for good and valuable consideration in the form of a marketing showcase that proves that the Supplier’s citizen engagement platform can be successful in the U.S. as well as in Norway 3 STEERING GROUP, STEERING GROUP MANAGER, PROJECT MANAGER 3.1 The Parties shall each select two members of the Steering Group. 3.2 One of the members from the Pilot Customer will be the Steering Group Manager, and one of the members from the Supplier will be the Project Manager. The Pilot Customer and the Supplier will determine who is to be nominated for these roles. 3.3 The Parties may freely replace their members of the Steering Group, but shall at all times keep the Steering Group Manager and Project Manager informed of who represents the Party. 3.4 The Steering Group shall ensure the responsible organisation and performance of the Project in accordance with the Offer Letter, and ensure that the cooperation between the Parties functions well. 3.5 The Project Manager will hold day-to-day responsibility for the Project and shall: 3.5.1 keep the Steering Group informed of all significant aspects of the Project; and 3.5.2 implement decisions by the Steering Group. 3.6 As required, or when requested by the Project Manager, the Steering Group Manager will convene meetings of the Steering Group, within 10 working days reasonable notice. The notice convening a meeting shall include documents necessary for the purposes of the meeting. DocuSign Envelope ID: 22DEEB46-0F72-450E-9DA5-A2B36250BCF7 11 (19) -3- 3.7 The Steering Group will consider cases at the meeting, unless the Steering Group Manager finds that the cases may be submitted in writing, or considered on another appropriate basis. The meetings are led by the Steering Group Manager. 3.8 Unless stated otherwise in this Agreement, cases will be decided by the Steering Group, by a simple majority of the votes cast. In the event of a tied vote, the Steering Group Manager will hold the deciding vote. 3.9 The Steering Group Manager will be responsible for minutes being taken of the proceedings of the Steering Group. The minutes shall at least state time and place, participants, method of consideration and decisions of the Steering Group. If a decision by the Steering Group is not unanimous, it shall be stated who voted against and in favour, respectively. The protocol of the minutes shall be signed or approved by other means (such as confirmation by e-mail) by the members who took part in the consideration by the Steering Group. 4 WORK PLAN 4.1 In order to specify and follow up on initiatives in the Project (as stated in the Application and Offer Letter), the Project Manager will prepare a Work Plan as the basis for the professional and financial implementation of the Project, and for the concrete description of the Parties' obligations. Exhibit “D” is a sample work plan included for reference purposes only. 4.2 The Work Plan shall be adopted by the Steering Group by a simple majority of the votes cast. In the event of a tied vote, the Steering Group Manager will hold the deciding vote. 4.3 The Work Plan, once prepared and adopted, shall be incorporated into this Agreement, and shall be binding on the Parties hereto. 5 JOINT OBLIGATIONS OF THE PARTIES 5.1 In addition to any specific obligations set out in the Specification and other obligations according to this Agreement, the Parties shall: 5.1.1 respond to contact from the other Party within three working days 5.1.2 notify the other Party within five working days of any matters which the Party believes or should believe may be of significance to the Agreement; 5.1.3 cooperate loyally with the other Party and, to the extent necessary, with third Parties to facilitate completion of the Project under the terms of this Agreement; and 5.1.4 fulfil its obligations in accordance with the Agreement and the Work Plan professionally, effectively and to a high technical standard. 5.2 The Supplier shall: 5.2.1 keep Innovation Norway informed about any changes to the Project; 5.2.2 record activities and time spent in the Project to enable the Final Report; DocuSign Envelope ID: 22DEEB46-0F72-450E-9DA5-A2B36250BCF7 11 (19) -4- 5.2.3 create and distribute, to Innovation Norway, a Final Report once the Project is delivered 5.3 The Pilot Customer shall keep a record of all activities carried out within the Project and share this with the Supplier to enable the creation of the Final Report 6 FINANCING OF THE PROJECT 6.1 The Project will be financed in accordance with the requirements set out in the Offer Letter and Project Budget attached as Exhibits “B“ and “C” respectively to this Agreement. 6.2 All financing by the Pilot Customer shall be in the form of staff work hours spent fulfilling the Pilot Customer’s obligations under this Agreement. 7 PROJECT BACKGROUND 7.1 Ownership 7.1.1 Rights of ownership and Intellectual Property Rights related to the Project Background will be retained by the Party which brought the Project Background into the Project. 7.1.2 Each of the Parties’ Project Backgrounds considered to be relevant on the establishment of the Agreement shall be described in the Specification. 7.2 Rights of use 7.2.1 The Parties grant each other a remuneration-free right to use each other's Project Background to the extent that such right of use is necessary for: 7.2.1.1 the Parties to be able to perform their own work in the Project; and 7.2.1.2 the Project Results to be used commercially. 8 PROJECT RESULTS 8.1 Ownership 8.1.1 The rights of ownership and Intellectual Property Rights related to the Project Results shall accrue to the Supplier, irrespective of whether the Supplier, the Pilot Customer or their sub-suppliers create the Project Results. The Supplier's rights include any form of commercial and non-commercial use of the Project Results, including (but not limited to) any form of: 8.1.1.1 production of copies, display, dissemination and presentation; 8.1.1.2 change/processing/further development; and DocuSign Envelope ID: 22DEEB46-0F72-450E-9DA5-A2B36250BCF7 11 (19) -5- 8.1.1.3 full or partial further transfer and licensing. 8.1.2 The Supplier itself will determine whether and the extent to which the Project Results shall be protected by industrial legal protection measures (such as patent, design and trademark registration) or by other means. 8.2 Rights of use 8.2.1 The Pilot Customer is granted a perpetual right and license to use the Project Results: 8.2.1.1 for use in its own activities producing (either itself or via the Supplier (cf. clause 9) or a third party) products that are part of the Project Results up until one year after Agreement signing; and 8.2.1.2 If a separate license/subscription agreement has been entered into with the Supplier. 8.2.2 The rights in clause 8.2.1 are limited to use in the Pilot Customer's own activities. This entails that the Pilot Customer may not: 8.2.2.1 offer or sell products that are part of the Project Results (unless the products are an integrated part of the Pilot Customer's own product); 8.2.2.2 offer or sell procedures that are part of the Project Results; or 8.2.2.3 otherwise give other parties the right to make commercial or non- commercial use of the Project Results via licences, or by other means. 9 AGREEMENT REGARDING PRODUCTION OF PRODUCTS WHICH ARE PART OF THE PROJECT RESULTS 9.1 If the Supplier commences production of products which are part of the Project Results, the Supplier is obligated to: 9.1.1 inform the Pilot Customer; and 9.1.2 enter into an agreement with the Pilot Customer for the production and delivery of these products, if the Pilot Customer desires such an agreement. 9.2 Unless competition legislation or other regulation prevents it, the agreement between the Pilot Customer and the Supplier according to clause 9.1.2 shall contain a most favoured nation clause. The most favoured nation clause will ensure that the Pilot Customer is at all times offered commercial and legal rights and benefits under the agreement with the Supplier that are equal to or more favourable than the rights and benefits received by any other parties. 9.3 Unless otherwise agreed between the Supplier and the Pilot Customer, the Pilot Customer's rights in accordance with this clause 9 shall not limit the Supplier's right to enter into agreements with third parties for the production and delivery of products that are part of the Project Results. DocuSign Envelope ID: 22DEEB46-0F72-450E-9DA5-A2B36250BCF7 11 (19) -6- 10 DUTY OF SECRECY 10.1 Information that comes into the possession of the parties in connection with the Innovation Project, the Agreement and the implementation of the Agreement, shall in general not be kept confidential unless one of the Parties requires any specified information not be disclosed to any third party without the consent of the other Party. 10.2 Any other information not being clearly marked by either party as confidential may be used by either party to promote the Project, the Project Results, and the party itself. 10.3 Except as otherwise provided in this Agreement, the Parties shall take all reasonably necessary precautions to prevent unauthorised persons from gaining access to, or knowledge of, information clearly marked as confidential. 10.4 The confidentiality obligation shall not prevent information from being used when there is no legitimate interest in keeping it confidential, for example when it is in the public domain or is accessible to the public elsewhere. 10.5 The confidentiality obligation shall continue to apply after the expiry or termination of the Agreement, and shall bind the employees, agents, volunteers, contractors, or others who gain access to information clearly marked confidential through either Party, even after the termination of such employment, agency, volunteer position, contract, or other relationship. 10.6 For a party that is a public enterprise the duty of secrecy according to this clause shall not be more extensive than laid down by applicable California or United States law. The confidentiality obligation pursuant to this clause 10 shall not prevent the disclosure of information if such disclosure is demanded pursuant to laws or regulations, including any disclosure or right of access pursuant to the Freedom of Information Act or the California Public Records Act. 11 BREACH 11.1 A Party is deemed to be in breach of this Agreement upon failure to fulfil its obligations pursuant to the Agreement. 11.2 In no event shall a Party be liable for breach of this Agreement when such breach is directly caused by the wrongful or unlawful act of the other Party. 11.3 Neither Party will be liable for any failure or delay in performing an obligation under this Agreement that is due to any of the following causes (which events and/or circumstances are hereinafter referred to as “Force Majeure”), to the extent beyond its reasonable control: acts of God, accident, riots, war, terrorist act, epidemic, pandemic, quarantine, civil commotion, breakdown of communication facilities, breakdown of web host, breakdown of internet service provider, natural catastrophes, governmental acts or omissions, changes in laws or regulations, national strikes, fire, explosion, generalized lack of availability of raw materials or energy; provided that the Parties stipulate that Force Majeure shall not include the novel coronavirus Covid-19 pandemic which is ongoing as of the date of the execution of this Agreement. Force Majeure shall not include (a) financial distress nor the inability of either Party to make a profit or avoid a financial loss, (b) changes in the market prices or conditions, or (c) a Party's financial inability to perform its obligations hereunder. DocuSign Envelope ID: 22DEEB46-0F72-450E-9DA5-A2B36250BCF7 11 (19) -7- 11.4 If one of the Parties is unable to fulfil its obligations as agreed, the party shall give the other party written notice thereof within five working days. The notice shall state the reason for the problem and shall as far as possible state when the performance can take place. The same will apply if further delays shall be expected after the first notice has been given. 11.5 In the event of material breach, after giving the Party in breach written notice and 10 working day to rectify the matter, a Party may terminate the Agreement with immediate effect if the material breach remains uncured after 10 working days from the date notice is given. 11.6 Except with respect to rights and remedies expressly declared to be exclusive in this Agreement, the rights and remedies of the Parties are cumulative and the exercise by either Party of one or more of such rights or remedies shall not preclude the exercise by it, at the same or different times, of any other rights or remedies for the same default or any other default by the other Party. 12 SUB-SUPPLIERS, EMPLOYER LIABILITY AND LEGAL SUBJECT 12.1 A Party's use and replacement of any sub-supplier in order to fulfil its obligations under the Project shall be approved by the Steering Group. Approval shall not be unreasonably withheld. 12.2 Unless expressly agreed otherwise, the employer liability for and employment of a Party's employees who participate in the Project may not be changed. The Parties shall enter into the agreements with owners, employees, partners, sub-suppliers and other parties that are necessary to fulfil the obligations of the party concerned under this Agreement, including to ensure the necessary transfer of Intellectual Property Rights related to the Project Results (cf. clause 8). 12.3 The Project is not a separate legal entity and shall not act as such towards the surroundings. 13 DURATION AND TERMINATION 13.1 The Agreement will enter into force when it is signed and will run – unless otherwise agreed by the parties – until one year after Agreement signing. 13.2 The Pilot Customer may terminate the Agreement and the Project for any reason by at providing at least 30-days written notice to Supplier. 14 GOVERNING LAW AND LEGAL VENUE 14.1 The internal laws of the State of California shall govern the interpretation and enforcement of this Agreement. 14.2 In the event that either Party brings any action against the other under this Agreement, the Parties agree that trial of such action shall be vested exclusively in Riverside County, California. DocuSign Envelope ID: 22DEEB46-0F72-450E-9DA5-A2B36250BCF7 11 (19) -8- 15 SIGNING 15.1 The Agreement is signed in the Specification. 16 MISCELLANEOUS 16.1 If either Party to this Agreement brings any action, including an action for declaratory relief, to enforce or interpret the provision of this Agreement, the prevailing Party shall be entitled to reasonable attorneys’ fees and expenses including costs, in addition to any other relief to which that Party may be entitled; provided, however, that the attorneys’ fees awarded pursuant to this clause shall not exceed the hourly rate paid by the Pilot Customer for legal services multiplied by the reasonable number of hours spent by the prevailing Party in the conduct of the litigation. The court may set such fees in the same action or in a separate action brought for that purpose. 16.2 If any provision of this Agreement is held invalid, the remainder of this Agreement shall not be affected thereby and all other parts of this Agreement shall nevertheless be in full force and effect. 16.3 The section headings contained in this Agreement are included for convenience only and shall not limit or otherwise affect the terms of this Agreement. 16.4 The waiver of any breach of a specific provision of this Agreement does not constitute a waiver of any other breach of that term or any other term of this Agreement. 16.5 The provisions of this Agreement shall inure to the benefit of and shall apply to and bind the successors and assigns of the Parties. 16.6 This Agreement, including the attachments hereto, and the Work Plan referenced herein, represents the entire and integrated agreement between Parties and supersedes all prior negotiations, representations, or agreements, either written or oral. 16.7 This Agreement may be executed in multiple counterparts, each of which shall be an original and all of which together shall constitute one agreement. 16.8 The persons executing this Agreement on behalf of each of the Parties hereto represent and warrant that (i) such party is duly organized and existing, (ii) they are duly authorized to execute and deliver this Agreement on behalf of said Party, (iii) by so executing this Agreement, such Party is formally bound to the provisions of this Agreement, and (iv) that entering into this Agreement does not violate any provision of any other Agreement to which said Party is bound. 16.9 Supplier covenants that, by and for itself, its heirs, executors, assigns, and all persons claiming under or through them, that in the performance of this Agreement there shall be no discrimination against or segregation of, any person or group of persons on account of any impermissible classification including, but not limited to, race, color, creed, religion, sex, marital status, sexual orientation, national origin, or ancestry. DocuSign Envelope ID: 22DEEB46-0F72-450E-9DA5-A2B36250BCF7 11 (19) -9- 16.10 With the exception of the specific provisions set forth in this Agreement, there are no intended third-party beneficiaries under this Agreement and no such other third parties shall have any rights or obligations hereunder. 16.11 No officer, official, employee, agent, representative, or volunteer of Pilot Customer shall be personally liable to Supplier, or any successor in interest, in the event of any default or breach by Pilot Customer or for any amount which may become due to Supplier or to its successor, or for breach of any obligation of the terms of this Agreement. 16.12 Supplier declares and warrants that no undue influence or pressure is used against or in concert with any officer or employee of Pilot Customer in connection with the award, terms or implementation of this Agreement, including any method of coercion, confidential financial arrangement, or financial inducement. No officer or employee of Pilot Customer shall receive compensation, directly or indirectly, from Supplier, or from any officer, employee, or agent of Supplier, in connection with the award of this Agreement or any work to be conducted as a result of this Agreement. 16.13 No member, officer, or employee of Pilot Customer, or their designees or agents, and no public official who exercises authority over or has responsibilities with respect to this Agreement during his/her tenure or for one (1) year thereafter, shall have any interest, direct or indirect, in any agreement or sub-agreement, or the proceeds thereof, for the services to be performed under this Agreement. 16.14 At all times during the term of this Agreement, Supplier shall be an independent contractor and shall not be an employee of Pilot Customer. DocuSign Envelope ID: 22DEEB46-0F72-450E-9DA5-A2B36250BCF7 EXHIBIT A EXHIBIT A SCHEDULE 1 SPECIFICATION 1 SUPPLIER Company name: Innocode Incorporated Address: 470 RAMONA STREET PALO ALTO CA 94301 2 PILOT CUSTOMER Municipality name: City of Menifee, a California municipal corporation Address: 29844 Haun Road, Menifee, CA 92586 3 APPLICATION Date: 4 OFFER LETTER Date: Innovation Norway's reference: 2020/534139 5 PROJECT BACKGROUND 5.1 The Supplier's Project Background Innocode AS has developed Smart City technology in the form of Citizen Apps on a product suite platform delivered to a range of Norwegian Municipalities/Counties/Cities. The project aims to further develop the technology and test launch cases internationally with dedicated pilot partners/customers Supplier is a reseller of Innocode AS products and majority owned by Innocode AS. Supplier is fulfilling Innocode AS’ obligations under the Offer Letter by entering into, being bound by, and executing this Agreement. 5.2 The Pilot Customer's Project Background Pilot customer is a city in the County of Riverside, California, and enters into this Agreement for the development of a citizen app for use in the City. DocuSign Envelope ID: 22DEEB46-0F72-450E-9DA5-A2B36250BCF7 EXHIBIT A 6 SIGNATURES Innocode Inc. City of Menifee Palo Alto, date Menifee, date Signature Signature STEINAR BJORNSEN Name in BLOCK CAPITALS President Title Approved As To Form: ___________________________________ Jeffrey T. Melching, City Attorney Attest: ___________________________________ Stephanie Roseen, Acting City Clerk DocuSign Envelope ID: 22DEEB46-0F72-450E-9DA5-A2B36250BCF7 City Manager Armando G. Villa 3/1/2022 EXHIBIT B EXHIBIT B: PROJECT BUDGET The Project is estimated to cost a total of USD 90,000. The financing is based on the cost estimate given in the Application for a grant for the Project. The Project will be financed as follows: The Supplier’s financing USD 50,000 The Pilot Customer’s financing USD 25,000 (Delivered through 357 project hours of work performed at rate USD 70/h) Grant from Innovation Norway USD 15,000 Total funding USD 90,000 The detailed distribution of funding for the various items of the Parties is specified in the Work Plan. Contributions in the form of reported hours in the Project are used as a basis for the Pilot Customer’s financing. For own work, this applies to this being approved at an hourly rate corresponding to 1 per mille of annual salary stated per person or group of persons, unless Innovation Norway adopts another rate. The subsidy from Innovation Norway is calculated on the basis of the Supplier Company's cost basis in accordance with current European Economic Area (“EEA”) regulations for state aid. The Project will run for one year from date of Agreement signing. If Pilot Customer wishes to terminate the Project prior to the termination date of the Agreement, it must inform the Supplier in writing no less than 30 days prior to project termination. DocuSign Envelope ID: 22DEEB46-0F72-450E-9DA5-A2B36250BCF7 EXHIBIT B If Pilot Customer wishes to continue offering Project services beyond the one-year pilot program, the following annual license fees will apply (delivery of which to be further specified in a separate contract): City Info module: $9,000 Community module: $3,700 Smart City module: $4,500 DocuSign Envelope ID: 22DEEB46-0F72-450E-9DA5-A2B36250BCF7 EXHIBIT B Project member: (Name) Project year: 2021 Innovation project Project title: Smart City Technology - Resident engagement and information Project no.: 020/534139 Internal hour cost: USD 70 Date Activity Project target Hours Internal cost 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Sum 0 0 Date: Signature of Project member: DocuSign Envelope ID: 22DEEB46-0F72-450E-9DA5-A2B36250BCF7 EXHIBIT C EXHIBIT C: OFFER LETTER DocuSign Envelope ID: 22DEEB46-0F72-450E-9DA5-A2B36250BCF7 13.10.2021, 11:06 Offer for Development Grants EXHIBIT C Page 1 INNOCODE AS FREDENSBORGVEIEN 24D 0177 OSLO Att. Morten Holst Your ref .: Our ref .: Date: 2020/534139 07.07.2020 - OFFER FOR GRANT NOK 3,800,000 We refer to the application received on 22.06.2020, and may, following a decision in Innovation Norway on 02.07.2020, make the following offer to: INNOCODE AS - 1. Grant amount Innovation Norway grants a grant of up to NOK 3,800,000 --crone three million eight hundred thousand-- 2. Approved cost framework Research, development and innovation: Eligible costs (amounts in full NOK) Basis of support Project costs Project costs applicant partner Personnel costs employees, incl. Overhead 6,945,000 6,945,000 3,000,000 Rent / depreciation - premises, instruments and equipment 0 0 0 Contract research and consultancy 2 345 000 2 345 000 0 IPR (incl. Patents), invoiced purchase and / or license 710 000 0 0 Production of prototype / pilot plant 0 0 0 Other new overhead and other operating costs 0 710 000 0 SUM 10,000,000 10,000,000 3,000,000 Financing Amount in full NOK Share in% Innovation grants 3,800,000 38 Innovation loans 2,500,000 25 DocuSign Envelope ID: 22DEEB46-0F72-450E-9DA5-A2B36250BCF7 13.10.2021, 11:06 Offer for Development Grants EXHIBIT C SUM 6 300 000 63 Please note that approved costs must be costs excluding VAT, for companies Akersgata 13 PO Box 448 Center, N-0104 Oslo, Norway T. +47 22 00 25 00 F. +47 22 00 25 01 post@innovasjonnorge.no www.innovasjonnorge.no Org. no: 986 399 445 - Page 2 Please note that approved costs must be costs excluding VAT, for companies who is entitled to a deduction for input VAT, and that only accounted costs have been incurred after the date for submission of an application that can be approved. Use of own employees must be documented with time sheets with associated hourly rates according to below hourly rates. Such expenses shall appear separately in the project accounts. All hours included in the project accounts must be reported in the salary. The approved hourly rate is up to 1.2 per mille of the agreed and real annual salary, but limited to NOK 700 per hour. The approved up to 1,850 hours per year. For the holder's work effort in sole proprietorships and the participants' work performed in ANS and DA is approved a maximum rate of NOK 350 / h and a maximum of 1,850 t / year. Hourly rates also include standard overhead costs. Time lists must be signed by project participants and project manager. For investment projects, acquisition cost is approved. In addition, a number of supplementary provisions apply to e.g. hourly rates, purchases from close relatives to the borrower / grant recipient and investment projects, see https://innovasjonnorge.no/timesatser 3. Special conditions Hourly rates: The approved hourly rate is up to 1.2 per mille of the agreed and real annual salary, but limited to NOK 700 per hour. The approved up to 1,850 hours per year. Cooperation: Before payment can take place, there must be a signed contract between the grant recipient and agency / customer company that Innovation Norway can approve. Other public support: In determining the grant amount, Innovation Norway has assumed that no other publicity will be received support than that stated in the application. In the case of such other public support, including SkatteFUNN, nevertheless should be received to cover the same costs (support basis), the grant from Innovation Norway could be reduced accordingly or lapse. Value creation in Norway: In processing the financing application, Innovation Norway has placed decisive emphasis on the potential for value creation in Norway that is part of the project, including the establishment of jobs. It is therefore a condition for the grant that a competence environment and an organization is built up in Norway, as described in the application, for a minimum of 6 man-years by 2023 if the project is successful. Grant recipient must be on own initiative to report to Innovation Norway on the status of building a competence environment and organization at the end of 2023 and at the end of 2024. Innovation Norway can demand that the grant be repaid, in full or in part, if the conditions were not to be met. Reference is also made to the point in the standard terms for grants regarding claims for reimbursement if the business, equipment, intellectual property rights, etc. become sold or moved out of the country. Before the subsidy can be paid out, it is a prerequisite that Innocode AS guarantees to Innovation Norway that the subsidy will be repaid if the conditions in the previous section were not met fulfilled. The design of the guarantee must be approved in advance by Innovation Norway. - 4. Acceptance of the offer The offer must be accepted in writing by 13.08.2020, otherwise it will lapse. DocuSign Envelope ID: 22DEEB46-0F72-450E-9DA5-A2B36250BCF7 13.10.2021, 11:06 Offer for Development Grants EXHIBIT C Acceptance takes place upon return of the attached form "Response to offer of financing", signed by signatory / procurator / general manager. (/)2 8 - Page 3 - 5. Payment Payment deadline Claims for final payment of the subsidy must be accompanied by the necessary documentation, cf. the point "Documentation for payment", be received by Innovation Norway by 10.10.2022 "Payment deadline", when the offer otherwise lapses to the extent that it has not already been effected. Innovation Norway may, upon application, extend the Payment Deadline. Such an application must be Innovation Norway in no later than 30 days before the Payment Deadline. Subject to payment The offer may lapse, in whole or in part, if the grant recipient - without prior written consent from Innovation Norway - changes the plans on which the offer is based. If the project requires less capital than anticipated, the grant is reduced proportionately. If the project requires more capital than expected, it is assumed that the increased capital requirement is financed on one way that Innovation Norway can approve. The offer lapses if the grant recipient applies for debt negotiation, goes bankrupt, or liquidates his business before the grant is paid. Any interest due and installments on current loans may be set off against the payment of the subsidy. Documentation for payment The following terms apply to payment unless otherwise stated in the item "special terms". Up to 30% of the subsidy is paid in advance when available: accepted offer written confirmation that the project has been initiated as planned documentation that "special conditions" in the decision have been met documentation of full financing of the project request for payment from the grant recipient. An additional 50% of the grant can be paid when at least 50% of the total project costs have been incurred. This must be documented through the following: Project accounts audited by the auditor in line with international standards for related services ISRS 4400 Agreed control actions . If the grant recipient is not required to audit, the project accounts can controlled by a certified public accountant. The following control actions must be performed: sample-based control of a selection of cost items in the project accounts against underlying documentation (appendix). It must be stated how the random sampling was carried out. The costs must be within the cost items approved in the offer letter from Innovation Norway; that time sheets are signed by project participants and project manager. that investment projects in the event of the use of own employees and own equipment are in accordance with the amounts as stated in the offer letter and with the hours that the auditor or authorized accountant can approve as directly attributable to the asset's acquisition cost. that the booked cost in the project accounts corresponds to the time sheets on the project multiplied by hourly rates that Innovation Norway can approve and that hours that are included in the project accounts are salary reported. that costs are exclusive of VAT. for enterprises that are entitled to a deduction for input VAT. for own approved work, it must be checked that the booked cost in the project accounts - with exceptions for template overhead costs - votes with kept timesheets on the project multiplied with hourly rates that Innovation Norway can approve (See: http://www.innovasjonnorge.no/timesatser); checking that the items in the project accounts match the corresponding items posted in the company's accounting system in accordance with requirements given in or pursuant to accounting legislation. (/)3 8 DocuSign Envelope ID: 22DEEB46-0F72-450E-9DA5-A2B36250BCF7 13.10.2021, 11:06 Offer for Development Grants EXHIBIT C - Page 4 In addition, there must be: documentation that the project follows the assumed progress plan. documentation that shows how accrued costs are financed. The aforementioned control actions shall be performed in accordance with the guidelines on the accountant's control actions aimed at project accounts for Innovation Norway (See: http://www.innovasjonnorge.no/prosjektregnskap) . Innovation Norway has the right to demand information about the project's progress at any time. Upon final payment or within the Payment Deadline, there must be project accounts confirmed by the auditor or an authorized public accountant in accordance with the above, and: documentation that shows how accrued costs are financed written final report describing planned and actually completed activities, goal achievement and a assessment of usefulness. Final payment can be made when the project accounts and final report have been approved by Innovation Norway. - 6. Standard Terms (standard for current subsidy scheme) Intellectual property rights Intellectual property rights, such as patents, trademarks, designs, know-how, copyrights, etc., current or future, which are developed during the project or form part of the project, shall be the recipient's property or disposed of by the recipient through the license or other right of use. The grant recipient must have satisfactory descriptions, documentation and source codes regarding intellectual property rights, production methods / systems etc. that are developed under or form part of the project, and store these in a safe manner. Innovation Norway may also demand that it be submitted necessary intellectual property declarations. Especially about subsidies for machines and equipment Machines and equipment that are financed with grants must be new unless otherwise approved by Innovation Norway. In the event that grants have been used for partial financing of machinery or equipment, it is assumed that this is not the case leased financed or encumbered with a sales lien. Duty to notify The grant recipient is obliged to notify Innovation Norway in writing as soon as possible if the work on the project is interrupted, or is severely delayed (within the agreement period), or the project for which a grant has been awarded has been completed. Refund Grants paid can be demanded repaid in full or in part if property is sold or the grant recipient business, equipment or intellectual property rights are sold or moved out of the country or from a district policy scope to another scope within five years from the date of payment, unless otherwise stipulated of Innovation Norway. The business is also considered relocated if the activity in the project is significant reduced in favor of similar activity in areas other than the application. Grant recipient is obliged to notify Innovation Norway in advance of a sale or relocation. If the grant recipient provides incorrect information or the grant is not used in accordance with the conditions for the award, the grant may be demanded to be repaid in full or in part. The same goes for if there is a significant breach of the accounting legislation in connection with the filing project accounting. (/)4 8 DocuSign Envelope ID: 22DEEB46-0F72-450E-9DA5-A2B36250BCF7 13.10.2021, 11:06 Offer for Development Grants EXHIBIT C Page 5 project accounting. Are documented project costs at the Payment Deadline lower than the project costs that were assumed in the cost basis for the commitment, the basis for payment is reduced accordingly. If it is paid out too much subsidy after such a possible reduction, Innovation Norway can demand back too much paid subsidy. Control Innovation Norway and the Office of the Auditor General have the right to implement control of the grant being used accordingly preconditions. Ethics and social responsibility Innovation Norway shall contribute to sustainable development, including increased social responsibility in Norwegian business and industry. It is the parties' common premise that the business must be based on high standards of ethical attitudes, avoid contributing to corruption, human rights violations, poor working conditions or harmful effects on local communities and the environment. Innovation Norway expects customers and partners has guidelines for ethics and social responsibility in the business. If serious matters are discovered in violation of the above, Innovation Norway may withdraw the offer or demand a refund of the grant. The grant will not normally be paid out if there is a reasonable suspicion that the grant recipient or key persons in the grant recipient's activities are involved in matters as mentioned in the Penal Code §§ 387, 388 or 389 (corruption). The subsidy can also be refused payment if it is available accordingly suspicion of other serious economic crime, including environmental crime, tax evasion or misuse of public funds. The subsidy will normally be demanded to be repaid if there is an approved fine or judgment against grant recipient or key persons in the grant recipient's activities on the basis of conditions as mentioned in the Penal Code §§ 387, 388 or 389. The same applies if there is an approved fine or judgment against grant recipient or said persons for other economic crime, including environmental crime, tax evasion or misuse of public funds. Processing of personal data Innovation Norway's processing of personal data is described in the privacy statement that is available at innovasjonnorge.no. The privacy statement includes information about processing purposes, which categories of personal data are processed and which personal categories the personal data relates to. As described in more detail in the privacy statement, Innovation Norway will be able to process, among other things personal information about persons who have roles (general manager, board member, contact person, etc.) in the companies and other legal entities with which Innovation Norway has entered into an agreement. Grant recipient duties - by reference to the privacy statement or otherwise - to inform these persons on Innovation Norway's processing of their personal data. Tax The subsidy is normally taxable income and must be recognized as income by the recipient. The EEA Agreement Subsidies paid can be demanded to be repaid if the aid is found to be in conflict with the EEA Agreement regulations. In this connection, the following conditions apply: Innovation Norway has the right to demand the presentation of the required information. Beneficiary has a duty to provide information about other public support. Illegally paid aid can be claimed back. The conditions for a possible claim for repayment of the aid are determined in each individual case. The interest rate on the repayment claim shall be based on the market interest rate. The interest rate should usually run from the day on which the aid is received and until the amount is finally repaid. Questionnaire It is a prerequisite that the company participates in any surveys in connection with that Innovation Norway or the ministries carry out evaluations, customer surveys, etc. of Innovation Norway (/)5 8 DocuSign Envelope ID: 22DEEB46-0F72-450E-9DA5-A2B36250BCF7 13.10.2021, 11:06 Offer for Development Grants EXHIBIT C - Page 6 Norway or the ministries carry out evaluations, customer surveys, etc. of Innovation Norway business. Such surveys are important in the work of developing the best possible service offering business. Media coverage When presenting and possibly profiling the project in the media, it is assumed that Innovation Norway participation is discussed. For any questions in connection with this letter, please contact case manager Ann-Mari Skinne as can be reached by phone +4790129528 or e-mail ann-mari.skinne@innovasjonnorge.no. With best regards for Innovation Norway Ann-Mari Skinne Special adviser (This document is approved electronically, and therefore has no physical signature) Attached is sent: - Form for response to offers of financing - Payment request form (/)6 8 DocuSign Envelope ID: 22DEEB46-0F72-450E-9DA5-A2B36250BCF7 13.10.2021, 11:06 Offer for Development Grants EXHIBIT C Page 7 Returned to Innovation Norway - REPLY TO OFFER ON GRANT OF 02.07.2020 The offer must be accepted by 13.08.2020, otherwise the offer lapses. We accept the offer of grants and accept the terms Yes no Give a short feedback, if the offer is not desired to use: Grant recipient INNOCODE AS Grant recipient org.nr. / personnr. 996678601 Amount granted Kr 3,800,000 Case number 2020/534139 Means Innovation grant (UT-FRI-INNO 1210) Before payment, a written request must be sent to Innovation Norway. Attached form for payment request must be used. Payment shall be made to: Name of beneficiary Beneficiary account no. Beneficiary's birth / org. No. In the event of a change of bank connection / account number, Innovation Norway must be informed in writing. Beneficiary's signature: Place date Authorized signatory / procurator / Signature is repeated by machine or CEO block letters Returned to: Innovation Norway electronically from our website www.innovasjonnorge.no/innsending Or post@innovasjonnorge.no Or PO Box 448 Center 0104 Oslo (/)7 8 Page 8 DocuSign Envelope ID: 22DEEB46-0F72-450E-9DA5-A2B36250BCF7 13.10.2021, 11:06 Offer for Development Grants EXHIBIT C - PAYMENT REQUEST Name INNOCODE AS Company No. 996678601 Case number 2020/534139 Municipality 0301 OSLO Account number 1101.16234-3 Means Innovation grant (UT-FRI-INNO 1210) Case title Smart communities -Technology for citizen dialogue, information and participation Granted Amount granted (NOK) 3,800,000 100% date 02.07.2020 Amount paid out (NOK) 0% Payout deadline 10.10.2022 Canceled amount (NOK) 0 0% Support basis (kr) 3,800,000 Available amount (NOK) 3,800,000 100% The payment request can be sent to Innovation Norway only when all standard and special conditions in the offer letter related to the payment is met. All necessary documentation related to the terms and conditions must be attached the payment request. See more about terms and documentation for payment in the offer letter. - Payout category Check whether part or all of the amount is to be paid out Partial payment Final payment Payment Amount to be paid Account number Account holders name Account holder org.nr./personal number The stated bank account number must always be held by the company / person who is stated as the account owner. - Signature Place date Borrower Beneficiary The payment request with documentation is returned to: Innovation Norway electronically from our website www.innovasjonnorge.no/innsending or post@innovasjonnorge.no or PO Box 448 Center 0104 Oslo (/)8 8 DocuSign Envelope ID: 22DEEB46-0F72-450E-9DA5-A2B36250BCF7 EXHIBIT D EXHIBIT D: SAMPLE WORK PLAN The sample work plan below is provided for example purposes only and shall not create any obligation for the Parties under the terms thereof, nor shall it bind the Parties to following the form or substance of this sample work plan for the Work Plan created under the terms of this Agreement. DocuSign Envelope ID: 22DEEB46-0F72-450E-9DA5-A2B36250BCF7