Liquidmetal Technologies Inc (LQMT)

[Gamesc]

So these are the areas that VPC will have to prove that LMT failed to fulfill their obligations in:

1.14. “LMT Obligations” shall mean LMT’s obligations, consistent with the terms of this Agreement and at LMT’s sole cost and expense, to provide on an ongoing basis:

(a) A sales and engineering staff which is reasonably capable of, and qualified to, (i) solicit Customer Orders and (ii) service Customers both pre-sale and post-sale, including pre-sale engineering and Component design, Customer quality control issues during production and post-production, handling of warranty matters, Customer complaints and issues, and all other non-manufacturing functions associated with the sale of Products.

(b) Such research and development as is reasonably needed to advance the development of the LMT Technology.

(c) Reasonable marketing of Products.

(d) Management, accounting, legal and other general and administrative services as LMT, in its reasonable judgment, deems necessary to perform these obligations.