The Kentucky Agreement between Data Systems and Software, Inc., Israel Corp., Ltd., and Tower Semiconductor Holdings 1993, Ltd. is a legally binding contract that outlines the terms and conditions of a partnership or agreement between these entities. This agreement is specific to the state of Kentucky in the United States and involves the collaboration and exchange of data systems and software services. Key terms of the Kentucky Agreement include: 1. Partnership or Collaboration: The agreement establishes a partnership or collaboration between Data Systems and Software, Inc., Israel Corp., Ltd., and Tower Semiconductor Holdings 1993, Ltd. They agree to work together to achieve common goals and objectives. 2. Exchange of Data Systems and Software Services: The agreement outlines the scope of data systems and software services that will be exchanged or provided by the involved parties. It defines the types of services, including but not limited to software development, system integration, data management, and technical support. 3. Duration of the Agreement: The Kentucky Agreement specifies the duration of the partnership or collaboration. It determines the start and end dates of the agreement or whether it is an ongoing arrangement. 4. Responsibilities and Obligations: The responsibilities and obligations of each party are clearly defined in the agreement. This includes the division of tasks, contributions, and any financial obligations or compensation involved in the partnership. 5. Intellectual Property Rights: The agreement addresses the ownership and protection of intellectual property rights related to the exchanged data systems and software services. It may outline the terms of licensing, confidentiality, and non-disclosure agreements to safeguard proprietary information. 6. Dispute Resolution: In case of any disputes or disagreements arising from the agreement, a dispute resolution mechanism is included. This may involve negotiation, mediation, or arbitration as a means to resolve conflicts between the parties. Different types of Kentucky Agreements between Data Systems and Software, Inc., Israel Corp., Ltd., and Tower Semiconductor Holdings 1993, Ltd. can include variations based on the specific services or projects involved. For example: 1. Kentucky Software Development Agreement: This type of agreement focuses specifically on software development services provided by Data Systems and Software, Inc., Israel Corp., Ltd., and Tower Semiconductor Holdings 1993, Ltd. It may outline the development methodology, milestones, deliverables, and acceptance criteria. 2. Kentucky System Integration Agreement: This agreement is centered around the integration of different data systems or software solutions. It defines the technical specifications, data transfer protocols, and testing procedures for successful integration. 3. Kentucky Data Management Agreement: This type of agreement deals with the management and handling of data assets. It may include aspects like data storage, security, privacy, backups, and data sharing protocols between the involved parties. These are a few examples of the potential types of Kentucky Agreements that could exist between Data Systems and Software, Inc., Israel Corp., Ltd., and Tower Semiconductor Holdings 1993, Ltd. The specific nature and terms of the agreement will depend on the purpose, goals, and requirements of the partnership or collaboration.
Kentucky Agreement between Data Systems and Software, Inc., Israel Corp., Ltd. and Tower Semiconductor Holdings 1993, Ltd.
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What We Do. Tower Semiconductor, the leading foundry of high value analog semiconductor solutions, specializes in manufacturing analog integrated circuits for more than 300 customers worldwide in growing markets such as automotive, medical, industrial, consumer and aerospace and defense, among others.
Director, CEO Russell C. Ellwanger has served as our Chief Executive Officer since May 2005. Mr. Ellwanger has also served as a director since September 2016, and previously served as a director between May 2005 and April 2013.
Intel announced today (Aug. 16) it has terminated the $5.4 billion acquisition of Israeli contract chipmaker Tower Semiconductor. Under the terms of the merger agreement, Intel will pay Tower Semiconductor a reverse termination fee of $353 million.
Where is Tower Semiconductor located? Tower Semiconductor's worldwide headquarters are located in Migdal Haemek (MH), Israel.
Intel on Wednesday terminated its acquisition of Israeli chipmaker Tower Semiconductor, saying it failed to get the required regulatory approval. The U.S. chip giant will pay a termination fee of $353 million to Tower. Intel announced plans to buy Tower in February 2022 for $5.4 billion.