This agreement details the terms for purchasing and installing Tesla's Megapack system. It covers the responsibilities of both Tesla and the buyer, including system design, installation standards, payment schedules, warranties, and procedures for handling changes, delays, and disputes.
Key aspects include the Diligence Period for system design and evaluation, clear definitions of Tesla's and the Buyer's responsibilities, and procedures for Substantial and Final Completion. The document also outlines payment terms, liquidated damages for delays, and warranty provisions for the Megapack system.
It addresses intellectual property rights, remote monitoring capabilities, and procedures for dispute resolution, ensuring a comprehensive framework for the Megapack system's lifecycle.
