Tech Transfer to Algerian Company
Through our international projects and existing technology transfer agreements,
we at Winter Panel have earned a reputation for technological excellence,
ethical business practices and creative solutions for our customers’ requirements.
We have the capability to export substantial quantities of housing from our United
States facility. Our experience, however, indicates that where substantial ongoing
quantities of housing are required, an in-country manufacturing facility generates
attractive returns on investment.
Assistance to the Buyer: Assistance to the Licensee is provided by Winter
Panel is provided in the following areas:
- Development and analysis of marketing information required
in determining the proper mix of process and product to optimize profitability
and return on investment.
- Development and analysis of financial pro-formas, including
material, labor, capital and other costs, revenues, cash flows and financing
- Development of performance specifications for the manufacturing
equipment and physical plant.
Assistance with the purchase, modification, installation
and testing of manufacturing equipment.
- Training of management, manufacturing
and construction personnel in the application of the technology.
Grant of License: Winter Panel will grant the Licensee the right
to use technical information and knowhow, sell and/or manufacture the products
on an exclusive or nonexclusive basis in the Territory for the term of the Agreement.
The License may not be assigned without prior written consent. In order to maintain
the exclusive right to sell and/or manufacture in the Territory, the Licensee
is required to meet a minimum annual sales volume. Should the Licensee fail to
meet this minimum volume, Winter Panel may at its option convert
the License to a nonexclusive basis.
Equipment Design and Manufacture: Winter Panel will prepare performance
specifications and preliminary design drawings for all required equipment. The
Licensee may elect to subcontract with Winter Panel for the fabrication
of the equipment, seek competitive bids from third-party vendors with Winter
Panel's assistance, or procure the equipment on their own.
Compensation: The Licensee will pay Winter Panel an initial license
fee in two installments. The initial license fee is used to support Winter Panel’s
assistance to the Licensee during the technology transfer process. In addition,
the Licensee will pay Winter Panel quarterly royalties on commercial
production. Royalty payments are used by Winter Panel to provide
continuing technical support, for research and development, and for ongoing process
and product improvement. The bulk of Winter Panel's compensation
is from the royalty payments, which are due only upon the success of the Licensee.
Term and Termination: The standard License will remain in effect for a period
of 10 years from execution. At the end of the 9th year, the Licensee either renews
the License for 10 years with an additional payment to be negotiated, or loses
the right to extend the License. If the Licensee fails to renew at the end of
the 9th year the License becomes nonexclusive for the last year.
Benefits to the Buyer: Winter Panel will design a manufacturing
process, which optimizes output levels to the Licensee's raw materials and labor
availability. The process can be highly automated where labor costs or output
requirements are high, or modified to utilize more labor where labor costs or
output requirements are lower. The product also offers significant regional export
potential. The universal need for housing has generated a substantial demand
for state of the art construction materials and systems throughout the world.
Manufacturing stressskin insulated panels in a targeted regional market will
permit the Licensee to take advantage of reasonable shipping costs and regional
trade agreements, eliminating excessive shipping costs and duties.