performance and collaboration
Each party shall exert its reasonable efforts for the objective through following collaborations:
1. In the WTE business in the market, HITZ and KPN shall jointly explore the projects. If party explores a new project, such party shall notice such project to the other party without delay. Before preparing the bids, the parties shall discuss and decide which project is a Joint Project (hereinafter referred to as the "New Joint Project(s)" in a reasonable time period.
2. The projects listed in Appendix 1 attached hereto have been agreed as Joint Projects as of the date of this MOU.
3. Any New Joint Projects shall be determined by agreement between the Parties then added in the Appendix 1.
4. The cooporation between HITZ and KPN for the joint projects which listed in the Appendix 1 shall be exclusive to the extent that 1) client has no objection to the collaboration and/or 2) KPN is able to provide sufficient engineering work force to execute the Joint Projects.