Liquidmetal Technologies Inc (LQMT)

[JoTu]

so eutectix is bearing all the expenses for the below just for the fun of it?
do yourself a favour and read the 8k

Eutectix will bear all delivery and shipping expenses with respect to the Licensed Equipment and Transferred Alloy from Liquidmetal’s facility.

. (a)  Two (2) Engel e-motion 310/120 injection molding machines, and associated equipment; ?
. (b)  Two (2) Eontec 300-C Die Casting Machines, and associated equipment; ?
. (c)  One (1) Flow M21313B Waterjet Machine; ?
. (d)  Two (2) DMG Mori Milltap 700 CNC machines, and associated consumables and fixtures; ?
. (e)  Equipment for cut, mount, and polish analysis operations, including:
i. One (1) Struers Accutom-10 cut-off machine ?
ii. One (1) Struers Secotom-50 precision cutting machine ?
iii. One (1) Struers Tegramin-30 tabletop grinding machine ?
iv. One (1) Keyence VH X-S550E microscope ?
. (f)  Equipment required for vibratory deburring operations, including:
i. One (1) Rosler R 125 EC-KF rotary vibrator ?
ii. One (1) Rosler R 125 EC rotary vibrator ?
(g) Equipment required for passivation operations, including:?i. One (1) ESMA, Inc. E782C ultrasonic
cleaning system
. (h)  One (1) Dry Cooler D455 chill water system; ?
. (i)  One (1) MTS 810 MTS mechanical testing frame; and ?
. (j)  Molds and fixtures needed for production of sample parts. ?

(a) Approximately three thousand kilograms (3,000 kg) of “virgin” LM105 Alloy
(b) Approximately one thousand kilograms (1,000 kg) of “virgin” 106C Alloy
(c) Approximately two thousand kilograms (2,000 kg) of LM 105 Alloy revert

Eutectix shall, at its own expense:
(c) keep the Licensed Equipment in a suitable place, safe from loss or damage;
(d) subscribe to an insurance policy from an insurance company reasonably acceptable to Eutectix covering the Licensed Equipment at full replacement value against fire, theft and such other normal business risks, with a waiver of subrogation in favor of Liquidmetal and with Liquidmetal to be named as an additional insured and loss payee, and provide, upon receipt of a written request from Liquidmetal, a certificate evidencing such insurance, and comply with all requirements associated with such insurance policy;
(e) keep the Licensed Equipment in good working order and condition, excepting normal wear and tear, and perform all regular and routine maintenance and repairs on the Equipment;
(f) perform no act or omission inconsistent with Liquidmetal’s sole ownership of the Licensed Equipment, nor attempt to sell, assign, loan, donate, mortgage, pledge or in any other manner permit the Licensed Equipment to be encumbered;
(g) comply with all reasonable directions given by Liquidmetal regarding (A) the inspection of the Licensed Equipment, including upon termination or expiration of the Agreement and in connection with any non-ordinary or non-routine revisions or alterations to the Licensed Equipment, (B) the removal and shipment of the Licensed Equipment, including upon termination or expiration of the Agreement, and (C) protecting or perfecting Liquidmetal’s interest in the Licensed Equipment, including by executing and permitting Liquidmetal to file financing statements and other documents with respect thereto, at Liquidmetal’s expense; and
(h) shall be liable for all loss or damage to Licensed Equipment, except for normal wear and tear of the Licensed Equipment.