Dismissed (close) A party that obtains rights under a licensing agreement. A subaward is an agreement with a third-party organization that carries out part of a funded UTD research project or program. The terms of the relationship (sub-subsidy/subcontracting) are influenced by the main agreement and all sub-primes must be monitored to ensure that the sub-recipient meets these conditions. A sub-recipient works with the main recipient to do the work as proposed. Cooperation agreement: an unfunded cooperation agreement in which the UC and the other party contribute to the conduct of research. This can be done with a for-profit, non-profit or university organization. The second part of a well-developed cooperation agreement is called a declaration of work. This can sometimes be referred to as a research plan. It describes the research proposed by the parties and identifies approaches to be implemented and methods to be used. The most important thing is that this part of the agreement determines who is responsible for what and sets the deadlines for the completion of each part of the research project. The budget for a collaborative research convention should be absolutely clear as a research budget and be totally independent of all kinds of licensing revenues. The budget should also indicate when the payments will be made and clearly indicate when the in-kind funds will be made available.
Consortium agreement: an agreement regulating the terms of membership in a consortium. Collaborative research agreements can be of great benefit to both partners. No company ever has sufficient sanitation capacity, resources and intellectual capacity to conduct all the research it wishes to undertake. Partnerships can be effective and cost-effective access to resources. In addition, collaborative research agreements are often the first step towards creating longer-term partnerships. They can also be effective technology transfer tools. The benefits are much more than the monetary value. Taking the time to rethink and discuss the terms of the collaborative research agreement helps foster communication between partners and put the project on a path to success.