technologies that meet this profile. While conducting our search we will maintain the confidentiality of AVDU. Term: The term of the Agreement will be for 12 months unless terminated sooner. This Agreement may be renewed upon mutual, written agreement of the parties. Either party may terminate this agreement at any time with 30 days written notice. Services: UTK agrees to provide the following distinct services to AVDU: i. Identify synergistic new technologies from universities and government laboratories to help provide AVDU with an enhanced new product pipeline. ii. Review technology acquisition opportunities for AVDU while maintaining AVDU's confidentiality. iii. Present technology acquisition opportunities for AVDU. AVDU will have 30-days to determine if they want to go forward with the technology license. a. UTK after 30 days shall have the right to present the technology to other clients. iv. AVDU acknowledges that the sources of technologies represented by UTEK are 3rd party research institutions for which UTEK does not control whether the technology will be shown to other parties by the licensor. v. At AVDU's request, UTK will prepare, and compile additional information regarding the technology acquisition opportunities for AVDU. vi. At AVDU's request and upon mutual agreement between AVDU and UTK, UTK will negotiate and seek to acquire a license to the requested technology for subsequent sale to and acquisition by AVDU. vii. On a case-by-case basis, at AVDU's request and UTK's sole discretion, UTK will propose an equity-financing plan for AVDU's consideration, to finance select technology acquisition opportunities for AVDU. viii. AVDU will not seek to acquire any technologies presented to AVDU by UTK directly from the technology developer for a period of 24 months following the termination of this Strategic Alliance agreement. ix. The compensation quotation is valid for projects authorized and initiated within 30 days of the