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About the MTA..

19 Aug 2011, 04:26 UTC
About the MTA..
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Before I joined the Google Lunar X PRIZE staff, I had heard a great deal about the Master Team Agreement (“MTA”). I’d read the online comments and the associated speculation. Now I’ve had a chance to get to know this document, I can provide a perspective for you. Before I get into some specifics, it’s worth addressing why we have an MTA. In a nutshell, it is to define what needs to be done to win the competition(s) and to provide a legal framework for that. The agreement between the X PRIZE Foundation (“X PRIZE”) and Google that was signed in 2007 includes a number of stipulations about how the competition is to be run along with the requirements for winning the prize(s). Then there are specific requirements that relate to X PRIZE and Google’s goals for the promotion of the space economy and the inspiration of the next generation of scientists and engineers through this competition. Executing on these goals requires agreement on related items such as logo, media tracking, and approval rights. There are also important requirements involving liability (working with rockets tends to raise this issue!) and not very exciting things like the reporting requirements from X ...

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