Examples of Research Agreement in a sentence
Licensee desires to obtain a license to these intellectual property rights upon the terms and conditions set forth in the Original Agreement as amended by this First Amendment, and desires to explore and fund additional development under the terms of the Research Agreement (as defined in the Original Agreement).
IURTC is the owner of certain intellectual property rights invented under the Research Agreement by Xxxxxxx XxXxxxxx, M.D., Ph.D. and Xx Xxxxx, Ph.D. (the “Inventors”) at IU and generally referred to as IURTC [***] In accordance with the terms of the Research Agreement, IURTC is willing to grant licenses to these intellectual property rights provided the rights are used to further scientific research, for new product development, and for other applications in the public interest.
IU and Licensee are parties to that certain Master Research Agreement, effective as of April 1, 2019 (the “Research Agreement”), pursuant to which Licensee agreed to fund certain research of Xxxxxxx XxXxxxxx, M.D., Ph.D., and further pursuant to which IU granted to Licensee an option to secure a license to intellectual property arising from such research.
The Grant will be contingent upon the execution of a Research Agreement that contains mutually acceptable provisions regarding ownership of and rights to Research results and publication of such results, as are determined between Funder and Institution.
Institution will use good faith efforts to advance negotiation and execution of the Research Agreement to enable timely confirmation of the Grant and commencement of the fellowship by the planned Effective Date.