Exhibit 10.1

IN CONSIDERATION of the promises, mutual covenants, and agreements contained herein, InSitech, Inc. (“INSITECH”) and Elmet Technologies LLC (“Subrecipient” and collectively with InSitech, Inc., the “Parties”) agree as follows:

This Subcontract Agreement (this “Agreement”) constitutes the entire agreement and understanding between the Parties with respect to ALL documents incorporated herein, and supersedes all prior representations and agreements. It shall not be varied except by an instrument in writing of subsequent date duly executed by authorized representatives of the Parties.

IN WITNESS WHEREOF, the parties hereto have, through duly authorized officials, executed this Agreement effective as of the date indicated below.

WHEREAS, INSITECH desires to have the Subrecipient perform certain services and the Subrecipient desires to undertake the performance of said services, NOW, THEREFORE, the parties hereby covenant and agree pursuant to this Agreement, including without limitation, the Schedule, General Provisions, and Exhibits hereinafter incorporated as follows:

SCHEDULE

The Subrecipient agrees to complete the Statement of Work, herein incorporated as Exhibit A. The Subrecipient’s proposal is herein incorporated as Exhibit B.

This is a firm fixed price payable milestone type Subaward incorporated as Exhibit D.

The services for this effort to be performed by the Subrecipient shall commence on October 30, 2019 and shall be completed October 29, 2022.

The Subaward Value shall be a Not-to-exceed amount of $6,922,315.09 for services rendered as described in Paragraph 1 above. As outlined in Exhibit D, $4,086,531.53 represents the initial funding, with the remaining $2,835,783.56 allocated to Optional Milestones to potentially be executed at a later date, pending Government funding. Unless modified in writing by mutual agreement of the parties, INSITECH is not obligated to compensate Subrecipient beyond the $4,086,531.53 in initial funding, including any travel requirements. The foregoing notification requirement applies to each increment of funding provided to Subrecipient under the Statement of Work.

In the event Subrecipient encounters difficulty in meeting performance requirements or anticipates difficulty in complying with this Agreement’s delivery schedule, dates, or whenever Subrecipient has knowledge that any actual or potential situation is delaying or threatens to delay the timely performance of this Agreement, Subrecipient shall notify INSITECH, in writing, within twenty-four (24) hours of discovery, giving pertinent details.  This notification shall be informational only and compliance with this notification provision shall not be construed as a waiver by INSITECH of any delivery schedule, date, or of any rights or remedies provided by law or under this Agreement.

The Subrecipient shall submit invoices for this effort in accordance with the payable milestone table above. Invoices shall be submitted to Joseph N. Moran, President, via email at [**].

All invoices shall be certified and submitted in accordance with the invoice schedule provided in each Task Order, and shall contain the following information:

A final invoice for the Agreement shall be marked “Final Invoice” and shall be submitted within thirty (30) calendar days after each payable milestone is completed. Payment of the final invoice for the Agreement shall constitute final acceptance.

Payment terms are net sixty (60) days after INSITECH’s receipt of a proper invoice and acceptance by the Government.

Unless specifically authorized in writing by INSITECH, Subrecipient is not authorized to perform and INSITECH is not obligated to reimburse Subrecipient for work performed on an overtime, extended work week, shift premium, or uncompensated time basis.

INSITECH reserves the right to impose financial penalties on Subrecipient due to shortages, late delivery, rejections, or other failure to comply with the requirements of this Agreement before payment. Payment shall not constitute final acceptance. INSITECH may offset against any payment hereunder any amount owed to INSITECH by Subrecipient including fines and/or penalties imposed on INSITECH related to Subrecipient’s misrepresentation and/or false certifications.

The following Representatives of INSITECH and Subrecipient are hereby designated for this Agreement:

Subrecipient Representatives:

INSITECH Representatives:

INSITECH’s Technical Representative is responsible for day-to-day clarifications and guidance as may be required within the scope of the technical work requirements. All written communications to the INSITECH shall be transmitted to both the designated Technical Representative and Subcontracts Representative.

Contact with INSITECH regarding prices, terms, quantities, deliveries and financial adjustments shall be made only between INSITECH’s Subcontracts Representative and the Subrecipient’s Contracts Representative. Actions taken by the Subrecipient, which by their nature affect a change to this Agreement, shall only be binding upon INSITECH when such action is specifically authorized in writing by INSITECH’s Subcontracts Representative. All written communications between Subrecipient and INSITECH shall be addressed and directed to INSITECH’s Subcontracts Representative.

All commitments hereunder (subsequent to execution of this Agreement) shall be made through the respective parties’ Contracts/Subcontracts Representative. No verbal or written request, notices, authorization, direction or order received by the Subrecipient shall be binding upon INSITECH, or serve as the basis for a change in the subcontract cost, fee, price, schedule or any other provision of this Agreement, unless issued (or confirmed) in writing by the INSITECH’s Subcontracts Representative.

INSITECH shall be responsible for all liaisons and communications with INSITECH’s customer as well as INSITECH’s other subcontractors for the term of this Agreement. The Subrecipient shall not communicate with INSITECH’s customer nor INSITECH’s other subcontractors regarding this Agreement except with the prior consent of INSITECH’s Subcontracts Representative.

The Subrecipient shall immediately notify INSITECH’s Subcontracts Representative whenever a verbal or written change notification has been received from an employee of INSITECH (other than the Subcontracts Representative), which would affect any of the terms, conditions, cost, schedules, etc. of this Agreement. Subrecipient is to perform no work or make any changes in response to any such notification or make any claim on INSITECH, unless INSITECH’s Subcontracts Representative directs the Subrecipient, in writing, to implement such change notification.

Notwithstanding the foregoing, Subrecipient shall be permitted to directly contact the Government at any time as required or otherwise provided under application law or regulation, including, without limitation, in connection with Subrecipient’s rights to any invention or other intellectual property created under this Agreement, as permitted under 37 CFR 401, 32 CFR 32.26.

The Representations and Certifications completed by the Subrecipient are hereby incorporated as part of this Subaward as Exhibit C.

The Security requirements for the Subrecipient are hereby incorporated as part of the Subaward as referenced in Exhibit A.

The Subrecipient is subject to the audit requirements contained in the Single Audit Act Amendments of 1996 (USC 7501 – 7507) and revised OMB Circular A-133, “Audits of States, Local Governments, and Non-profit Organizations.”

If not defined in an attached Statement of Work or in any resulting communications, the Subrecipient shall submit a progress reports within five (5^th) calendar days following the report period, as outlined in the milestone payments, to include the following, as applicable:

The Parties agree and acknowledge that Subrecipient retains ownership and all rights to any inventions or other intellectual property and grants no license, right, title, or interest, directly or indirectly, in or to any such inventions or other intellectual property to INSITECH.

GENERAL PROVISIONS

GP1 SUBRECIPIENT RESPONSIBILITY

The Subrecipient has full responsibility for the conduct of the effort supported by this Subaward, in accordance with the Subrecipient’s Proposal and the terms and conditions specified in this Subaward. The Subrecipient is encouraged to suggest, or propose to discontinue, or modify unpromising efforts. The Subrecipient shall submit, within 30 calendar days after the date of expiration of the Subaward, all financial, performance and other reports as required by the terms and conditions of this Subaward. Requests for extensions should be submitted at least 30 days before the current expiration date.

GP2 REVISION OF BUDGET AND/OR PROGRAM PLANS

The budget plan is the financial expression of the project or program as approved during the award process. Subrecipients are required to report deviations from the budget and program plans, and request prior approval for budget and program plan revisions. When requesting approval for budget revisions, the Subrecipient shall use the budget forms submitted with its proposal and show the original budget and the requested changes by cost element (e.g., labor, travel, materials, indirect costs, etc.). The Subrecipient shall also show any requested changes to the original payable milestone table, as appropriate.

The Subrecipient shall immediately request, in writing, prior approval of INSITECH when there is reason to believe that a programmatic or budgetary revision will be necessary due to change in the scope or objective of the project or program (even if there is no associated budget revision requiring prior written approval), the need for additional funds, the transfer of funds among direct cost categories, functions and activities when the cumulative amount of such transfers is expected to exceed 10% of the total budget as last approved by INSITECH, or the need for an extension of the expiration date of the Subaward.

No changes in direction or delivery of this Subaward by the Subrecipient shall proceed prior to receipt of written consent from INSITECH.

GP3 RETENTION OF RECORDS

INSITECH shall have access to the Subrecipient’s records pertaining to this Subaward, for the purpose of audit during normal business hours, upon reasonable notice for so long as such records are required to be retained. Audit rights shall be available to INSITECH on all performance related reports and other records, except records pertaining to proprietary indirect cost data. Audit of any proprietary indirect cost data may be accomplished through its cognizant Government audit representative, or a mutually agreeable third party auditor from a nationally recognized firm of certified public accountants. The Subrecipient’s relevant financial records are subject to examination or audit for a period not to exceed 5 years after expiration of the term of this Agreement.

GP4 PROCUREMENT STANDARDS

The uniform standards for the Subrecipient’s procurement of supplies and other expendable property, equipment, real property and other services with Federal funds are set forth in 32 CFR 32.40 through 32.48.

GP5 PROPERTY STANDARDS

The uniform standards for governing management and disposition of property furnished by the Federal Government or property whose cost is charged to a project supported by this Subaward are set forth at 32 CFR Sections 32.30 through 32.37.

GP6 FINANCIAL MANAGEMENT SYSTEMS

Prior to the submission of invoices, the Subrecipient shall have and maintain an established accounting system which complies with Generally Accepted Accounting Principles (GAAP) and the requirements of this Agreement. The Subrecipient shall ensure the appropriate arrangements have been made for receiving, distributing and accounting for the funds under this Agreement.

GP7 PROGRAM INCOME

Program income, if any, shall be used as set forth at 32. CFR 32.24 (b)(1).

GP8 RIGHTS TO INVENTIONS

The uniform standards for the Government’s rights to invention are set forth in 37 CFR 401, Rights to Inventions Made by Nonprofit Organizations and Small Business Firms Under Government Grants, Contracts and Cooperative Agreements, and E.O. 12591.

GP9 INTANGIBLE PROPERTY

The uniform standards regarding Intangible Property for the Subrecipient are set forth in 32 CFR 32.36.

GP10 INSURANCE

The Subrecipient shall secure, pay the premiums for, and keep in force until the expiration of this Agreement (including any renewal thereof), adequate insurance to specifically include liability assumed by the Subrecipient under this Agreement.

The following types of insurance are required and shall be maintained by the Subrecipient for the full duration of this Agreement and any extensions thereof: Workers Compensation and Employers Liability; Commercial General Liability; Automobile; and an Umbrella policy. INSITECH reserves the right to require a full and complete copy of any insurance policy for review prior to commencement of work under this Agreement.

GP11 TERMINATION FOR CONVENIENCE

INSITECH may terminate the Agreement in whole or in part if it is determined that a termination is in INSITECH’s and/or the Government’s best interests or if the Government exercises its termination for convenience rights under the contract. INSITECH may terminate this Agreement by issuing a written notice of termination to the Subrecipient. The written notice will include the termination effective date, justification and actions to be taken by the Subrecipient.

In the event that INSITECH terminates this Agreement pursuant to Government direction, Subrecipient’s recovery of termination costs shall be limited to the extent that INSITECH is able to recover such costs from the Government.

GP12 TERMINATION FOR DEFAULT (SUPPLY AND SERVICE)

INSITECH’s right to terminate this Agreement under subdivisions (2) and (3) above may be exercised if the Subrecipient does not cure such failure within seven (7) calendar days (or more if authorized in writing by INSITECH) after receipt of notice from INSITECH specifying the failure.

GP13 CONFIDENTIALITY

It is recognized that in the course of performance of their obligations under this Subaward, either party (INSITECH or Subrecipient) may disclose to the other certain confidential and/or proprietary information of their own or received from a third party. In the event of such a disclosure, the party receiving the disclosure agrees to maintain the information in confidence, and subject to the following terms and conditions:

(1) All information of a proprietary nature exchanged between the parties, e.g., descriptions, drawings, photographs, tapes, or other tangible things, will be clearly identified and marked with an appropriate notice, such as “Proprietary”, and provided that each page of such information exchanged is marked or stamped with the appropriate notice.

(2) Information imparted orally, visually or physically shall not be included under this Subaward unless such information is subsequently reduced to tangible form within fifteen (15) days of disclosure, and a copy furnished to the party receiving the information.

(3) Not included is any information which

Neither party shall be liable for the inadvertent or accidental disclosure of such information marked as proprietary information as provided above if such disclosure occurs despite the exercise of the same degree of care as such party normally takes to preserve and safeguard its own proprietary information.

The foregoing restrictions as to proprietary and confidential information shall terminate three (3) years from the expiration or termination of this Subaward, unless the parties agree upon an alternate agreement, in which case the rights and obligations of the parties shall be governed by such agreement.

GP14 ACKNOWLEDGEMENT OF SPONSORSHIP

The Subrecipient agrees that in the release of information relating to this Subaward, such release shall include a statement to the effect that: (a) the effort is/was sponsored by the Office of the Secretary of Defense, Director, Office of Administration and Management; (b) the content of the information does not necessarily reflect the position or policy of the Government; and (c) that no official endorsement should be inferred. “Information” includes news releases, articles, manuscripts, brochures, advertisements, still and motion pictures, speeches, trade association proceedings, symposia, etc.

GP15 LIABILITY AND INDEMNIFICATION

Each party hereto is responsible for its own activities and those of its agents and employees in carrying out its responsibilities under this Subaward. INSITECH will not be responsible for, and the Subrecipient will assume all liability to persons which may be attributable or incident to the Subrecipient’s negligence or breach of this Subaward, or by the negligence or breach of this Subaward by any of the Subrecipient’s agents and employees. The Subrecipient further agrees to indemnify, save, hold harmless and defend INSITECH, its officers, agents and employees, and the Government, from and against all suits, claims, demands or actions, liabilities, judgments, costs and attorneys’ fee arising out of, or in any manner predicated upon personal injury or death resulting from, related to, caused by or incident to the Subrecipient’s negligence in carrying out the terms of this Subaward, or breach thereof, or any and all other activities conducted by the Subrecipient, its agents, employees and contractors incident to this Subaward.

GP16 RISK OF LOSS

Subrecipient assumes the following risks: (1) all risks of loss or damage to all goods, services, work in process, materials, and Government Property until acceptance regardless of INSITECH’s physical possession of the deliverables; (2) all risks of loss or damage to the property of third parties which relate to Subrecipient’s performance under this Agreement until the acceptance of all the goods and/or services has occurred; (3) all risks of loss or damage to any property received by Subrecipient or held by Subrecipient, or its supplier for the account of INSITECH, until such property has been accepted by INSITECH or its customer, as the case may be; and (4) all risks of loss or damage to any of the goods or parts rejected by INSITECH, from the time of shipment to Subrecipient until redelivery to INSITECH.

GP17 OFFICIALS NOT TO BENEFIT

No member of or delegate to Congress, or resident commissioner, shall be admitted to any share or part of this Subaward, or to any benefit arising from it, in accordance with 41 USC §22.

GP18 CHANGES OF CIRCUMSTANCES

Each party will promptly notify the other party of any legal impediment, change of circumstances, pending litigation, or any other event or condition that may adversely affect such party’s ability to carry out any of its obligations under this Subaward.

GP19 WARRANTY

The Subrecipient warrants that it is and shall remain free of any obligation or restriction which would interfere or be inconsistent with or present an Organizational Conflict of Interest as defined in Section GP28 or a Personal Conflict of Interest as defined in Section GP29; provided, however, InSitech will not ask the Subrecipient to do any work that would create any such conflict. Subrecipient warrants that it will perform the services under this Subaward with the degree of high professional skill and sound practices and judgment, which is normally exercised by recognized professional firms with respect to services of a similar nature.

Subrecipient represents and warrants: (1) that all goods and services delivered pursuant hereto will be new, unless otherwise specified, and free from defects in material and workmanship; (2) that all goods and services will conform to applicable specifications, drawings, and standards of quality and performance, and that all items will be free from defects in design and suitable for their intended purpose; and (3) that the goods covered by this order are fit and safe for consumer use, if so intended. All representations and warranties of Subrecipient together with its service warranties and guarantees, if any, shall run to INSITECH and INSITECH’s customers. The foregoing warranties shall survive any delivery, inspection, acceptance, or payment by INSITECH.

Any additional and specific warranty requirements shall be covered by the Statement of Work.

GP20 SUSPECT/COUNTERFEIT PARTS

Subrecipient represents and warrants that it has policies and procedures in place (or similar measures in the absence of such policies and procedures) to ensure that none of the supplies or materials furnished under this Agreement are “suspect/counterfeit parts” and certifies, to the best of its knowledge and belief, that no such parts have been or are being furnished to INSITECH by Subrecipient.  “Suspect/counterfeit parts” are parts that may be of new manufacture, but are misleadingly labeled to provide the impression they are of a different class or quality or from a different source than is actually the case.  They also include refurbished parts, complete with false labeling, that are represented as new parts or any parts that are designated as suspect by the U.S. Government, such as parts listed in alerts published by the Defense Contract Management Agency under the Government-Industry Data Exchange Program (GIDEP).  If INSITECH reasonably determines that Subrecipient has supplied suspect/counterfeit parts to INSITECH, INSITECH shall promptly notify Subrecipient and Subrecipient shall immediately replace the suspect/counterfeit parts with parts acceptable to INSITECH.  Notwithstanding any other provision contained herein, Subrecipient shall be liable for all costs incurred by INSITECH to remove and replace the suspect/counterfeit parts, including without limitation INSITECH’s external and internal costs of removing such counterfeit parts, of reinserting replacement parts and of any testing necessitated by the reinstallation of Subrecipient’s goods after counterfeit parts have been exchanged.  Subrecipient’s warranty against suspect/counterfeit parts shall survive any termination or expiration of this Agreement.

GP 21 WARRANTY OF AUTHENTICITY

Subrecipient warrants that all products delivered under this order are new and in their original packaging. No substitutions are to be supplied without the prior written consent of the INSITECH’s Subcontract Representative. Subrecipient certifies that the products are genuine products authorized by the manufacturer and are entitled to the full manufacturer’s warranty and service including any related software.

GP22 AMENDMENTS REQUIRED BY INSITECH

No amendment to or modification of this Subaward is effective unless it is in writing and signed by both Parties. If any such amendment to this Subaward causes an increase or decrease in the estimated cost of, or the time required for, performance of any part of the Work under this Subaward, an equitable adjustment will be made.

GP23 ASSIGNMENT AND SUBAWARDS

This Subaward may not be assigned, transferred, or conveyed, in whole or in part, without prior written consent of INSITECH. The Subrecipient agrees to obtain INSITECH’s written approval before issuing lower tier sub-subawards under this Subaward. This limitation shall not apply to the purchase of standard commercial supplies or raw material.

GP24 WAIVER

Failure to exercise any right under this Subaward in one or more instances shall not be deemed a waiver of such rights in any other instance.

GP25 SEVERABILITY

In the event that any part, term or provision of this Subaward shall be held to be illegal, void or in conflict with any law of a federal, state, or local government entity having jurisdiction over this Subaward, the validity of the remaining portions or provisions hereof shall not be affected or rendered invalid thereby; provided, however, the Parties agree to negotiate amendments to this Subaward in good faith so that to the maximum extent possible the Parties shall each receive the intended benefits and burdens of this Subaward.

GP26 DISPUTES

Any claim for the threatened, alleged, or actual breach of this Agreement by either Party (a “Dispute”), which cannot otherwise be resolved after good faith negotiations by the Parties, shall first be referred for resolution to the Parties’ respective executive management in writing.  If the Parties’ executive management are unable to resolve the Dispute within thirty (30) calendar days of such referral, then the Parties may mutually agree upon alternate dispute resolution or either Party may file suit in a court of competent jurisdiction in accordance with Section (clause referring to applicable law) above.  Notwithstanding the prior two sentences, either Party may immediately seek injunctive relief in a court of competent jurisdiction to prevent irreparable harm or to protect against improper use, disclosure, or threatened improper use or disclosure of Intellectual Property.

Pending the final resolution of any Dispute under this Section, Subrecipient shall proceed diligently to perform this Subaward.

GP27 GOVERNING LAW

This Subaward and all matters arising from or related to it shall be construed, interpreted and enforced in accordance with the laws of the State of New Jersey, without regard to its conflicts of laws provisions, except that any provision in this Subaward that is (i) incorporated in full text or by reference from the Code of Federal Regulation (CFR); or (ii) incorporated in full text or by reference from any agency regulation that implements or supplements the CFR; or (iii) that is substantially based on any such agency regulation or CFR provision, shall be construed and interpreted according to the United States federal common law of government contracts as enumerated and applied by federal judicial bodies, boards of contract appeals, and quasi-judicial agencies of the Federal Government of the United States.

GP28 ORGANIZATIONAL CONFLICT OF INTEREST

For purposes of this Subaward, the term “Organizational Conflict of Interest” means any situation which places the Subrecipient (including its chief executives, directors, subsidiaries and affiliates, consultants, or Subrecipients at any tier) in a position which may impair its ability to render unbiased advice and recommendations or in which its interests and the interests of the United States Government are not the same or in which it may have an unfair competitive advantage as a result of the knowledge, information, and experience gained during the performance of this Subaward.

The Subrecipient represents and warrants that, to the best of its knowledge and belief, no actual or potential conflict of interest exists with respect to the Services to be provided under this Subaward. Furthermore, the Subrecipient agrees that it shall not accept work during the performance of this Subaward which would create an organizational conflict of interest as defined above.

The Subrecipient agrees that if after the Subaward is awarded it discovers any potential, actual or apparent potential organizational conflict of interest, a prompt and full disclosure shall be made in writing to INSITECH. This disclosure shall include a description of the actions the Subrecipient has taken or proposes to take to avoid or mitigate such conflicts. The Subrecipient shall refer to Federal Acquisition Regulations (FAR) Subpart 9.5 for policies and procedures for avoiding, neutralizing, or mitigating organizational conflicts of interest. Failure to provide written disclosure and adequately avoid or mitigate any organizational conflicts of interest shall entitle INSITECH to immediately terminate this Subaward for default.

The Subrecipient shall incorporate this organizational conflict of interest provision into any lower tiered Subawards awarded by the Subrecipient for performance under this Subaward.

GP29 PERSONAL CONFLICT OF INTEREST

Subrecipient agrees and certifies that it shall not provide either its own personnel or subcontract personnel (“personnel”), for performance under this Agreement that have a personal conflict of interest. “Personal Conflict of Interest” is defined as a situation in which personnel has a financial interest, personal activity, or relationship that could impair the personnel’s ability to act impartially and in the best interest of INSITECH or the Government when performing under this Agreement.

Personal conflicts of interest may arise, but not necessarily be limited to, performance under this Agreement involving acquisition functions closely associated with inherently governmental functions. The Subrecipient is responsible for ensuring that: (1) personnel are not placed for work under this Agreement that have a personal conflict of interest, (2) personnel who are working under this Agreement in which a personal conflict of interest is discovered report such instance to INSITECH, and (3) comply with the requirements of FAR 52.203-16.

Failure to comply with this requirement may result, at INSITECH’s sole discretion, in the Subrecipient being terminated in accordance with the Termination Articles of this Agreement.

GP30 EXPORT CONTROLS

Information furnished under this Subaward may be controlled for export purposes under the International Traffic in Arms Regulations (“ITAR”) controlled by the U.S. Department of State or the Export Administration Regulations (“EAR”) controlled by the U.S. Department of Commerce.  ITAR and EAR controlled technology may not be exported without prior written authorization and certain technology requires a temporary import or export license depending upon its categorization, destination, end-user and end-use.  The Subrecipient agrees to comply with all applicable U.S. export control laws and regulations. Without limiting the foregoing, the Subrecipient agrees that it will not transfer any export controlled item, data or services, to include transfer to foreign persons employed by or associated with, or under contract to the Subrecipient, without the authority of an Export License or applicable license exception. The Subrecipient shall indemnify and hold INSITECH harmless from and against any and all claims, liabilities and expenses resulting from the Subrecipient’s failure to comply with the export laws and regulations of the United States.

Information Subject to Export Control Laws/International Traffic in Arms Regulation (ITAR): Public Law 90-629, “Arms Export Control Act,” as amended (22 U.S.C. 2751 et. Seq.) requires that all unclassified technical data with military application may not be exported lawfully without an approval, authorization or license under EO 12470 or the Arms Export Control Act and that such data required an approval, authorization, of license for export under EO 12470 or Arms Export Control Act. For purposes of making this determination, the Military Critical Technologies List Control (MCTL) shall be used as general guidance. All documents determined to contain export controlled technical data will be marked with the following notice: WARNING: - This document contains technical data whose export is restricted by the Arms Export Control Act (Title 22, U.S.C., App. 2401 et seq. Violations of these export laws are subject to severe criminal penalties. Disseminate in accordance with provisions of DoD Directive 5230.25.

GP31 FORCE MAJEURE

Neither party shall be liable for damages for delay in delivery arising out of causes beyond its reasonable control and without its fault or negligence, including, but not limited to, acts of God or of the public enemy, acts of any Government authority, fires, floods, epidemics, quarantine restrictions, strikes, embargoes, or unusually severe weather. If the delay is caused by the delay of a lower tiered supplier of the Subrecipient and if such delay arises out of causes beyond the reasonable control of both the Subrecipient and lower tiered supplier, and without the fault or negligence of either of them, the Subrecipient shall not be liable to INSITECH for damages unless the articles or services to be furnished by the lower tiered supplier were obtainable from other sources in sufficient time to permit the Subrecipient to meet the required delivery schedule. The Subrecipient will notify INSITECH in writing within ten (10) days after the beginning of any such cause.

GP32 COMMUNICATION WITH INSITECH’S CUSTOMER

Unless as otherwise specified in this Agreement, INSITECH shall be solely responsible for all communication and coordination with INSITECH’s customer, as it affects the applicable Government contract.

Unless as otherwise specified in this Agreement or by INSITECH in writing, all contact with the INSITECH’s Customer with respect to the work to be performed under the Government contract, including Subrecipient’s work under this Subaward, shall be the responsibility of INSITECH. Any contact with the INSITECH’s Customer relating to this Subaward initiated by Subrecipient shall be only with the prior concurrence and the participation of INSITECH. The Subrecipient shall promptly report to INSITECH any Subrecipient contact with INSITECH’s Customer that is initiated by INSITECH’s Customer. The Subrecipient’s failure to perform its obligations as set forth in the two preceding sentences shall be a material breach of this Subaward.

GP33 USE OF INSITECH’S NAME

In connection with this Subaward or any relationships arising out of, by or through this Subaward or any report, study, or document produced in connection therewith, the Subrecipient shall not, without the prior written consent of INSITECH, use the name of INSITECH, its members, affiliates, agents or assignees, or any member of its staff of any of the foregoing or any logo, symbol or insignia of INSITECH or any of the foregoing, in any form of document, publicity, advertising, or disseminated material.

GP34 PUBLICITY/CONFIDENTIAL RELATIONSHIP

Subrecipient shall not disclose information concerning work under this Agreement to any third party. No news release, public announcement, or advertising material, regardless of media, pertaining to this Agreement, the Statement of Work, or the relationship between the parties hereto in any manner whatsoever shall be issued by Subrecipient without the prior review and written consent of the INSITECH’s Subcontracts Representative.

Subrecipient shall use information supplied by the INSITECH only to accomplish work covered by this Agreement and subsequent work efforts. Such information shall not be used for any other purposes. Upon completion or termination of this Agreement, all information is to be returned to the INSITECH or destroyed upon written request of the INSITECH.

INSITECH authorizes Subrecipient to release routine Past Performance Information (PPI) regarding Subrecipient’s work performed on this Agreement for purposes of responding to proposals for new work. PPI will not require approval from INSITECH for its release.

Release of any information on this contract to any person or organization who is not a party to this contract is prohibited without the prior written permission of the INSITECH’s Subcontracts Representative.

Prior to access to proprietary information, all employees of contractors or subcontractors performing work under this contract will be required to sign non-disclosure agreements.

GP35 SURVIVABILITY

Upon expiration or termination of this Agreement, all articles herein, that by their applicability, would extend beyond said termination or expiration date and will remain in full force and effect.

GP36 ENTIRE AGREEMENT

This Subaward is the entire Agreement between the Parties with respect to the subject matter hereof and supersede all prior and contemporaneous negotiations or agreements whether written or oral.

EXHIBIT A

STATEMENT OF WORK

The United States Government, hereinafter referred to as the “Government”, and InSitech, Inc., hereinafter referred to as “InSitech”, agree to implement a prototype for manufacturing processes for Tungsten and Tungsten alloy components, the funded phase is specifically related to a 6-Ton Press line, Furnace Upgrade, and Powder Blender. The additional full contract, with the options, includes; a large swager, medium swager, multi-axis turning center, and optical inspection equipment. This effort shall be performed in accordance with the contents in this agreement, as well as Prototype Obligation Agreement [**] and its corresponding attachments.

There is a critical need in support of the Office of the Secretary of Defense (OSD), Industrial Base Analysis and Sustainment Program (IBAS) to strengthen and expand tungsten product producers and strategically integrate tungsten based materials and products in a modern industrial base. There is particular interest in domestic suppliers and producers in the tungsten supply chain that provides secure parentage of tungsten materials and products. This initiative will leverage existing industrial and Governmental partners and process to deliver novel tungsten based products and assure critical component availability and continuity across the material lifecycle. This product centric approach will improve affordability, upgradeability, and supportability along with facilitating hardware and prototype cost objectives through a set of robust and resilient suppliers.

This effort seeks to strengthen the domestic tungsten industrial base through the development of manufacturing processes for tungsten and tungsten alloy components in support of Department of Defense (DoD) products, with specific priority given to [**]. In order to develop these manufacturing processes, specialized equipment may be required for operations such as pressing/compaction, sintering, annealing, swaging, and general process automation. The objective deliverable sought is a validated manufacturing process (or processes) for the aforementioned DoD items.

The primary objective of this agreement is to prototype new manufacturing processes for Tungsten and Tungsten alloy components in support of Department of Defense products. The initiative will help to improve DoD related tungsten supply chain sustainment and resiliency.

This effort will follow a multi-stage process to identify, assess, challenge and improve the industrial base for tungsten based materials for defense applications.

Phase 1: Assess Key Providers, Materials, Facilities, Processes and Applications in the Tungsten Material Supply Chain

Task 1.1: Supply Chain Strategy Report

Task 1.2: Facility, Process, and Equipment Assessment

Phase 1 is expected to result in the contractors’ assessment(s) of their own capabilities within the DoD application tungsten supply chain, i.e. Task 1.1 Supply Chain Strategy Report. This effort will begin from baseline performance characteristics and material properties of existing materials like pure tungsten and tungsten heavy alloy materials. This will require the selection of key performers in both metal powder manufacturers and material processing. Work will focus on improving the mechanical properties, performance characteristics, ammunition design and/or processing techniques.

Throughout Phase 1 milestone execution, the contractor(s) will develop plans and strategies to enable cross DoD platform leveraging of capabilities and technologies that will directly enable improved cost and supplier resiliency. The contractor(s) will perform financial and capability assessments of their tungsten manufacturing capabilities that support defense systems and platforms in accordance with Title 10, United States Code (USC), Section 2501: National Security Strategy for National Technology and Industrial Base. At the conclusion of Phase 1, the contractor will provide a report showing their current defense supply vulnerabilities as it relates to assurance, resiliency, foreign supply vulnerabilities and affordably delivering critical applications, i.e. Task 1.1 Supply Chain Strategy Report. The contractor will provide a plan which proactively engages with traditional and emerging industrial sectors to more clearly assess and predict their vulnerabilities and address them rapidly to mitigate their impact to the defense suppliers. This may include capital investments and/or facilitization to improve their current capability and capacity, i.e. Task 1.2 Facility, Process, and Equipment Assessment.

Phase 2: Prototype Preliminary Methodology Recommendations

Task 2.1: Development of specific concepts that enable Government determination of objective prototype(s) that ultimately meet operational requirements (Initial Prototype Process and Samples)

Task 2.2: Show the current production can be expanded to meet critical weapon system supply requirements (Production Assessment and Industrial Process Report)

The requirements of Phase 2 may be modified based on the results of Phase 1. This phase will entail the development of specific concepts that will enable the Government to determine if the objective prototype(s) will ultimately meet operational requirements. Any required scope clarifications will be provided by the Government inclusive of any additional reporting requirements and other data requirements. The execution of requirements in this phase requires a notice to proceed from the contracting office, prior to the contractor proceeding with any of these requirements.

As part of applicable milestones, the contractor will execute the development of prototype processes that address key government product needs and the proliferation of that increased capability across the industrial base and supply chains. At the conclusion of Phase 2 milestones, the contractor will show the current production can be expanded to meet critical weapon system supply requirements. This may be accomplished, for example, by capability and skill improvements with traditional and nontraditional suppliers through innovative financial investments and technology infusion. Deliverables will include end item products relevant to DoD applications and demonstrate the effectiveness of the current capability prototype process.

Phase 3: Prototype Detailed Methodology Development

Task 3.1: The contractor(s) will assess their strategy for materials, facility, processes and applications in the tungsten material supply chain

Task 3.1.1: Develop Tungsten Supply Chain Resiliency and Affordability Strategy

Task 3.1.2: Identify and Procure Facility, Process, and Equipment Requirements to Achieve Requirements

Task 3.2: The contractor(s) will demonstrate initial prototype process and production capability to support DoD tungsten product lines

Task 3.2.1: Deliver tungsten products representative of prototype processes that represent current capacity and capability

Task 3.2.2: Define Process Improvements Based on Initial Results and Assessments of Prototypes

Task 3.3: The contractor will deliver improved end items representative of improved prototype processes and based on facility and process improvements

Task 3.3.1: Demonstrate Production Scale Up Strategy, Process and End Item Delivery

Task 3.3.2: Demonstrate Production Improvements of Prototype Processes Representative of Operational Requirements

The requirements of Phase 3 may be modified based on the results of earlier phases. This phase will develop a detailed approach to the objective prototype process(es) to assure that the end item(s) capability meets Government requirements. As opposed to Phase 2, these deliverables represent the improved prototype process as a result of the investments and strategies laid out in Phase I, to include new equipment or technology integrated into existing capability. Any required scope clarifications will be provided by the Government, including any additional reporting requirements and other data requirements. The execution of requirements in this phase requires a notice to proceed from the contracting office, prior to the contractor proceeding with any of these requirements.

See Exhibit D.

The Government will retain Government Purpose Rights in all technical data for the manufacturing processes for the new tungsten alloy sphere component process funded by this contract, including the processes and procedures necessary to maintain those capabilities as determined by the Government. Tech data includes, but is not limited to, all process records, descriptions of manufacture, operating and inspection procedures, quality performance and test procedures, maintenance procedures and records, material and component purchase descriptions, software, and software applications.

This contract will utilize non-Government personnel to function as technical advisors to the Government. These Non-Government personnel will have access to the information submitted under this contract and will provide technical expertise and/or advice as required. All non-Government personnel have Non-Disclosure Agreements on file with the Government and are required to protect information to the same standards as Government personnel.

EXHIBIT B

[SUBRECIPIENT’S PROPOSAL]

EXHIBIT C

REPRESENTATIONS AND CERTIFICATIONS

Each Party to this Agreement represents and warrants to the other Parties that (1) it is free to enter into this Agreement;(2) in so doing, it will not violate any other agreement to which it is a party; and (3) it has taken all action necessary to authorize the execution and delivery of this Agreement and the performance of its obligations under this Agreement.

Limitations

Except as expressly provided herein, no party to this Agreement makes any warranty, express or implied, either in fact or by operation of law, by statute or otherwise, relating to (1) any research conducted under this agreement, or (2) any invention conceived and/or reduced to practice under this agreement, or (3) any other intellectual property developed under this Agreement, and each party to this Agreement specifically disclaims any implied warranty of merchantability or warranty of fitness for a particular purpose.

EXHIBIT D 

[Schedules of Payable Milestones under the Base Award and Option and Deliverables specifications]