12.5Royalties from Vehicle Production:
The Company expects to receive royalties on each Grid compliant vehicle produced during the term of the Hybrid PT Patent exclusive period and an ongoing royalty on each mile of Grid travel.
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Questions and comments pertaining to
Hybrid PRT should be directed to:
Thomas Pumpelly (Email)
or
Tim Maier, Esquire (Email)
The Company expects to receive royalties on each Grid compliant vehicle produced during the term of the Hybrid PT Patent exclusive period and an ongoing royalty on each mile of Grid travel.