How to Invent and Protect Your Invention: A Guide to Patents for Scientists and Engineers

I. SPONSORED RESEARCH AGREEMENT

This Sponsored Research Agreement (“Agreement”) made and effective as of [effective date] (“Effective Date”) is entered into by and between [company name] (the “Sponsor”) with a principal place of business at [principle place of business] and [university name] (the “University”).

WHEREAS, the program contemplated by this Agreement is of mutual interest and benefit to the University and to the Sponsor, will further the instructional and research objectives of the University in a manner consistent with its status as a non-profit, tax-exempt education institution, and may derive benefits for both the Sponsor and the University through inventions, improvements, and/or discoveries;

NOW, THEREFORE, in consideration of the premises and mutual covenants herein contained, the parties hereto agree to the following:

Article 1: Definitions

1.1 “Sponsored Project” is the program as described in the Appendix.

1.2 “Principal Investigator” or “PI” is the person, designated by the University, and accepted by the Sponsor, who is directly responsible for executing, directing, overseeing and reporting such Sponsored Project under this Agreement.

1.3 “Intellectual Property” means and includes all technical information, inventions, trade secrets, patents, copyrights, trademarks, research, developments, discoveries, software, know-how, methods, techniques, formulae, data, processes, specimens, biological materials, software, designs, drawings, sketches and other proprietary ...