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COMMERCE BUSINESS DAILY ISSUE OF JUNE 16,1999 PSA#2368

NATIONAL SHIPBUILDING RESEARCH PROGRAM EXECUTIVE CONTROL BOARD TO CONSIDER NEW MEMBERS National Shipbuilding Research Program Executive Control Board to Consider New Members As provided for in the Articles of Collaboration dated January 8, 1998, the National Shipbuilding Research Program Executive Control Board (ECB) will consider the admission of up to three new members to the existing collaboration during a July Board meeting. U.S. shipbuilding and repair companies interested in becoming a contributing member are invited to make a request to that effect to the NSRP Program Administrator no later than July 12, 1999. Each applicant will be promptly notified of the Board's decision, which is expected on or before July 31, 1999. Potential members should review the criteria for membership as stated in the attached Articles of Collaboration excerpt and be thoroughly familiar with the MARITECH ASE Strategic Investment Plan. Program Information can be found on the program web site (http://www.nsrp.org). The ECB will consider the factors stipulated in the Articles, including an applicant's record of active participation in and commitment to NSRP activities and their willingness and ability to share in the responsibilities of the collaboration. To support the board's decision, applicants should provide a brief application to include the following information (as a minimum): How the company would meet the criteria stated in the attached Articles of Collaboration excerpt; Company participation in NSRP/Ship Production panel activities over the past year; Company participation in the MARITECH ASE Strategic Investment Plan development; Company attendance at open ECB meetings during the past year; Company abstracts and proposals submitted in response to MARITECH ASE FY99 solicitation; Company's willingness (and ability) to fund participation of their designated board member and possible Major Initiative Team members; Proposed company representative to the Executive Control Board who is in a position within his or her company to make decisions for and commit the company without the need for further consultation with company management on routine issues that may come before the Board; A statement that, if selected, the company will agree to be bound by all of the provisions of the Articles of Collaboration. Questions and applications should be addressed to the NSRP Executive Director's office. The point of contact is: Larry Karns Advanced Technology Institute Voice: (843) 760-3278 5300 International Blvd. Fax: (843) 760-3349 N. Charleston, SC 29418 "Article 4: Admission of Additional Members (a) The original signers of these Articles shall constitute the ECB for a period of eighteen months from the date of the signing of the Articles. At the end of that period the ECB shall consider the admission of new members to increase the membership of the ECB up to a maximum number of twelve (12) members. The admission of a new member must be approved by a two-thirds (2/3rds) majority of the ECB. A new member shall become a Party upon its execution of these Articles. (b) Any candidate for ECB membership must be engaged in shipbuilding activity consistent with the NSRP mission as stated in Article 1 hereof. The ECB in evaluating an application for membership shall consider factors including without limitation whether the candidate's technical contribution will further the NSRP's programs under the Joint Funding agreements, whether the candidate's contribution will allow ECB technology to be applied to new markets, whether admission of the candidate will adversely affect the Intellectual Property Rights of the existing ECB Parties; whether the candidate has the expertise and financial capability to participate in the NSRP programs resulting from the Joint Funding Agreements; whether the candidate agrees to be bound by all of the provisions of the Articles; and whether the candidate's admission would diminish the funding provided by the Government. Notwithstanding the above, the ECB may consider any factor in addition to those above and its decision on admission is discretionary and final. (c) In the event that there are more valid candidates for membership on the ECB than openings after expiration of the initial eighteen-month period, the ECB will establish a rotation period for membership. The original nine signatories to these Articles, however, shall not be subject to the rotation requirements. The rotation period will be based upon the member's actual/potential contribution to the NSRP mission. (d) In the event one or more of the original signers of these Articles resigns or drops out of participation, the ECB may accept replacement candidates to fill the existing vacancy or vacancies so that the number of ECB members equals the then authorized number of ECB members." WEB: Click here to access the program web site., http://www.nsrp.org. E-MAIL: Click here to contact Larry Karns via e-mail., karns@aticorp.org. Posted 06/14/99 (W-SN342558).

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