SponsoredResearchAgreement.pdfVIP

RESEARCH FUNDING AGREEMENT Agreement made as of the _____ day of __________, 20__, by and between _______________ , a corporation having its principal place of __________________ business at _______________________________ (hereinafter “Sponsor”), and The Administrators of the Tulane Educational Fund, a Louisiana Corporation having its place of business at 1430 Tulane Avenue, New Orleans, Louisiana 70112 (“Tulane”). WITNESSETH WHEREAS, Tulane has independently developed expertise and know-how, in the area of description of research area, and; WHEREAS, Tulane wishes to further its instructional and research objectives and disseminate and transfer this knowledge to the public sector in a manner consistent with its status as a non-profit, tax-exempt, educational institution; WHEREAS, Sponsor and Tulane have a mutual interest in promoting research with respect to such description of research area and Sponsor wishes to fund such research under the direction of PI’s NAME, DEPARTMENT, Tulane University (Principal Investigator). NOW, THEREFORE, in consideration of the mutual agreements and covenants contained herein, the parties hereby agree as follows: 1. Definitions As used in this Agreement, the following terms shall have the meaning indicated: 1.1 “Research” shall mean those studies funded by Sponsor which are conducted by the Principal Investigator or others operating under the supervision and control of the Principal Investigator as described in Exhibit 1 attached hereto and incorporated herein by reference. 1.2 “Invention” shall mean any invention or discovery originated and conceived in the perform