Extract to table
Pull the structured facts out of a document: parties, dates, amounts, obligations.
Extract to table / term-sheet-dormancy-extension-fee-restructuring.docx
term-sheet-dormancy-extension-fee-restructuring.docx
Parties
Harkness LLP
M. Briscoe
Redstone Whitaker LLP
Vantage Mobility Systems Corp
M. Briscoe Title
Dates
June 21, 2022
October 16, 2023
June 20, 2027
March 14, 2023
March 22, 2023
July 14, 2023
July 20, 2023
August 3, 2023
August 3, 2024
July 1, 2023
Amounts
$20,000,000
$2,400,000
$3,200,000
$640,000
$1,920,000
$1,280,000
$80.00
$4,000,000
$2,000,000
$7,680,000
Obligations
Nothing contained in this Term Sheet shall constitute, or shall be deemed to constitute, a waiver of either Party's rights, remedies, claims, defenses, or positions under the MESLSA, at law, or in equity
The mandatory renegotiation or termination deadline currently set for August 3, 2024 shall be reset to August 3, 2025
During the extended dormancy period, MeridianCode shall continue to provide critical-security-patch-only support for the Licensed Software (ATLAS-RT Version 4
The following vehicle platform configurations shall be permanently removed from the scope of the license and from all milestone schedules, deliverables, and obligations under SOW No
Neither Party shall have any further obligation with respect to the integration of the Licensed Software into the eliminated platforms, and MeridianCode shall have no obligation to perform integration services or provide platform-specific customizations for Argonaut-B, Argonaut-D, or Argonaut-E
1 shall be amended to reflect the reduced scope described above