Tesla 2011 Annual Report Download - page 173

Download and view the complete annual report

Please find page 173 of the 2011 Tesla annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 184

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136
  • 137
  • 138
  • 139
  • 140
  • 141
  • 142
  • 143
  • 144
  • 145
  • 146
  • 147
  • 148
  • 149
  • 150
  • 151
  • 152
  • 153
  • 154
  • 155
  • 156
  • 157
  • 158
  • 159
  • 160
  • 161
  • 162
  • 163
  • 164
  • 165
  • 166
  • 167
  • 168
  • 169
  • 170
  • 171
  • 172
  • 173
  • 174
  • 175
  • 176
  • 177
  • 178
  • 179
  • 180
  • 181
  • 182
  • 183
  • 184

CONFIDENTIAL TREATMENT REQUESTED BY TESLA MOTORS, INC.
TESLA AND TMC CONFIDENTIAL INFORMATION
EXECUTION VERSION
(c) No Exclusivity . The relationship contemplated in this Agreement is non-exclusive and each Party reserves the right to enter into
arrangements with third parties
(d) Compliance with Laws . Each Party warrants that in performance of work under this Agreement it has complied with or shall comply
with all applicable national, federal, state, local laws and ordinances now or hereafter enacted including, but not limited to export laws and
regulations.
(e) Relationship of Parties
. The Parties are independent contractors under this Agreement and no other relationship is intended, including a
partnership, franchise, joint venture, agency, employer/employee, fiduciary, master/servant relationship, or other special relationship. Neither
Party shall act in a manner that expresses or implies a relationship other than that of independent contractor, nor bind the other Party.
(f) No Third Party Beneficiaries . Unless otherwise expressly provided for, no provisions of this Agreement are intended or shall be
construed to confer upon or give to any person or entity other than TMC and Tesla (and their authorized assignees under Section 11(j)) any
rights, remedies or other benefits under or by reason of this Agreement.
(g) Announcement; No Trademark Licenses . The Parties agree that no initial announcement or other public disclosure of the existence or
terms of this Agreement, unless required by law, shall be made until the Parties have agreed upon the text of and issued an appropriate joint press
release announcing this Agreement. Moreover, neither Party shall have any right or license to use the trademarks, service marks or logos of the
other Party for any purpose without first obtaining written consent of the other Party from an authorized representative thereof.
(h) Equitable Relief
. Each Party acknowledges that a breach by the other Party of any confidentiality or proprietary rights provision of this
Agreement may cause the non-breaching Party irreparable damage, for which the award of damages would not be adequate compensation.
Consequently, the non-breaching Party may institute an action to enjoin the breaching Party from any and all acts in violation of those
provisions, which remedy shall be cumulative and not exclusive, and the non-breaching Party may seek the entry of an injunction enjoining the
breaching Party from any breach or threatened breach of those provisions, in addition to any other relief to which the non-breaching Party may
be entitled at law or in equity.
(i) Notices . Any notice required or permitted to be given by either Party under this Agreement shall be in writing and shall be personally
delivered or sent by a reputable overnight mail service (e.g., Federal Express), or by first class mail (certified or registered), or by facsimile
confirmed by first class mail (registered or certified), to the Project Manager of the other Party. Notices will be deemed effective (i) three
(3) Business Days after deposit, postage prepaid, if mailed, (ii) the next day if sent by overnight mail, or (iii) the same day if sent by facsimile
and confirmed as set forth above. A copy of any notice shall be sent to the following:
-21-
***Confidential treatment requested pursuant to a request for confidential treatment filed with the Securities and Exchange Commission. Omitted portions have been filed separately with the
Commission.