other material
confidence high
sentiment neutral
materiality 0.40
Tecogen adds maintenance pacts for 16 cogeneration units and 2 chillers from Aegis
TECOGEN INC.
- Aegis assigns and Tecogen assumes maintenance agreements for 16 cogen units and 2 absorption chillers.
- Aegis will use commercially reasonable efforts to help Tecogen obtain agreements for 36 additional cogen units.
- Tecogen receives a fully paid, non-exclusive, irrevocable license to relevant IP for the assigned units.
- No financial terms (consideration, fees) disclosed in the amendment.