Get Incubation Agreement Execution SIIC - IIT Kanpur

Real Estate Business Incubator: An incubator or accelerator program that assists real estate technology start-ups and other start-ups wanting to do business with real estate brokerages and professionals.

: to maintain (something, such as an embryo or a chemically active system) under conditions favorable for hatching, development, or reaction. : to cause or aid the development of. incubate an idea. intransitive verb. : to sit on eggs.

Every incubate company incubated at SIIC may select one Industry mentor within six months from the date of joining incubation centre. In case the incubate opts for an industry mentor the incubate company has to offer minimum 1% of equity to the mentor as a consideration of mentorship.

Incubator Agreement means the limited liability company agreement ------------------- pursuant to which the Incubator shall be formed, which shall contain the terms specified in Exhibit 7.4 and such other terms as may be mutually agreed between Apollo Management and the Company.

An incubator is a device used to grow and maintain microbiological cultures or cell cultures. The incubator maintains optimal temperature, humidity and other conditions such as the CO2 and oxygen content of the atmosphere inside.

There are three principal kinds of incubators: poultry incubators, infant incubators, and bacteriological incubators.