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17-134 Frontier Capital Memorandum of Understanding to Promote Smart City Related Projects BARRY CHANG COUNCILMEMBER/FORMER MAYOR CITY HALL 10300 TORRE AVENUE • CUPERTINO,CA 95014-3255 + TELEPHONE:(408)777-3192 •FAX: (408)777-3366 C U P E RT I N O bchang@cupertino.org Memorandum of Understanding Dated: Jan 5, 2017 Between City of Cupertino and Frontier Capital This Memorandum of Understanding(MOU) sets for the terms and understanding between the City of Cupertino and the Frontier Capital to promote smart city related projects Background Cupertino is a U.S. city in California, It is best known as the corporate headquarters of the Apple Inc. At the heart of Silicon Valley, Cupertino is home to the world technology innovation, The best place to lead the world in smart city transformation Frontier Capital is developing Mcity program in China. Designed by University of Michigan, Mcity is a unique test facility for evaluating the capabilities of connected and automated vehicles and systems in a realistic off-roadway environment before a significant number of highly automated vehicles can be deployed safely on actual roadways Facing the Smart City Challenge, Frontier Capital is looking for the most innovative folks, and leading companies in Silicon Valley, These partnerships will help to promote an inclusive transportation system of the future. Purpose Frontier Capital and City of Cupertino join as a strategic partners to develop the foundations of a commercially viable ecosystem of autonomous and connected vehicles for future driving change ,=hl 1ROAnn1�y1L� ��-�/ yp�,X[MCulp.},aertino�r�4f( t- ��O��.-�A--.',��{,�C,�'��pClyf��� �[�n���.y-Oxy"���:�C�p 1L7TT'��k`1J The above goals will be accomplished by undertaking the following activities: 1. City of Cupertino will invite major company and institution such as Apple, Google, IBM, Facebook, Tesla,UC Berkeley, or Stanford University to participate the Smart Transportation Program 2. City of Cupertino will facilitate USA company such as Apple, Google, Tesla, IBM, or Facebook to promote the newest technology of Smart Transportation Program in China. IBM, �� ) MnEPRH 3ZAlfiH 3. Frontier Capital will participate the 2017 annual Global Smart City Summit event. -HJ�Ari`1L �kJ4�P-112017*)kiJ*9P 4H'U"'JAM MM- 4. Frontier Capital will sponsor panel forums of autonomous and connected vehicles, and smart city innovation challenge program at the Silicon Valley Global Smart City Summit Ar1�111IOTA di+1�JW# IM 5. Frontier Capital and Cupertino join effort to introduce leading industry partners to participate Mcity at China closed facility and model city testing environment -9i1�p�'R*�fpXQCupertinoALM" �4APW—jmcityi�E FPQM)EAig0AL4_�1.1WAN ijklkFPM,ANiA- 6. Frontier Capital will promote strategic partners business in China HU ARV-4'Ffk*- 7. Frontier Capital will participate and invest Cupertino smart city related projects 01ilA r 1L � —1fn&V_EX R Cupertino r J V X JA r TPA Funding This MOU is not a commitment of funds. Duration This MOU is at-will and may be modified by mutual consent of authorized officials from the following singed partners. This MOU shall become effective upon signature by the authorized officials from the following singed partners and will remain in effect until modified or terminated by any one of the partners by mutual consent. In the absence of mutual agreement by the authorized officials from the following singed partners this MOU shall end on Dec 31,2017 of partnership. Contact Information City of Cupertino Barry Chang City Councilmember/Former Mayor 10300 Torre Avenue Cupertino, CA 95014 408-777-3192 (o) 408-688-6398 (c) bchang@cupertino.org Frontier Capital Jane Wu General Partner 1708, Trade Center, Shezhen, China 408-887-1947 jane@frontt-capital.com Date: Barry Ch g City of Cupertino City Counci ember/Former Mayor 7: Date: ne Wu Frontier Capital General Partner if I f I I E. t k t P E4 E } i