MEMORANDUM OF AGREEMENT

MEMORANDUMOFAGREEMENTThisagreementisenteredintothis(Day,Month&Year)byandbetween(NameandCompleteAddressofSponsor)(hereinafterreferredtoas'Sponsor')andKansasStateUniversity,2FairchildHall,Manhattan,KS,66506-1103(hereinafterreferredtoasthe'University').?WorkwillbeperformedatKansasStateUniversityintheDepartmentof(Dept.Name).Whereas,theprojectcontemplatedbythisAgreementisofmutualinterestandbenefittoUniversityandtoSponsorandwillfurtherinstructionalandresearchprojectobjectivesofUniversityinamannerconsistentwithitsstatusasanon-profit,tax-exempteducationalinstitution.Now,therefore,thepartiesheretoagreeasfollows:1.STATEMENTOFWORK.?TheUniversityagreestouseitsbesteffortstoperformtheprojectasdescribedinAppendixAhereof.2.PRINCIPALINVESTIGATOR/PROJECTDIRECTOR.?Theprojectwillbedirectedby(PI/PDName).?If,foranyreason,(s)heisunabletocontinuetoserveasprincipalinvestigator/projectdirectorandamutuallyacceptablesuccessorisnotavailable,Universityand/orSponsorshallhavetheoptiontoterminatesaidprograminaccordancewithClause15-TERMINATION.3.PERIODOFPERFORMANCE.?Theprojectshallbeconductedduringtheperiodof(StartDateandEndDate)andwillbesubjecttorenewalonlybymutualagreementoftheparties.4.PROJECTCOSTSANDPAYMENT.?Inconsiderationoftheforegoing,SponsorwillpayUniversityforcostsincurredintheperformanceoftheproject,withoutanitemizedaccounting.Paymentshallnotexceedthetotalestimatedcostof(EnterAmount).?Sponsorshallmakepayment(withinthirty(30)daysofthereceiptofaninvoicefromUniversity)or(shallpay$___________uponthefullexecutionofthisagreementand$__________onorabout[date]).5.REPORTS.?BriefprogressreportsoftheprojectwillbemadeperiodicallybyUniversitytoSponsorandafinalreportwillberenderedoncompletionoftheproject.?DuringthetermofthisAgreement,representativesofUniversitywillconsultand/ormeetwithrepresentativesofSponsortodiscussprogressandresults,aswellasongoingplansoftheprojectandUniversitywillprovideprojectinformationtoSponsorasreasonablyrequested.6.FACILITIES.?TheUniversitywillprovidetheutilitiesandoffice,laboratoryandfieldspaceneededfortheproject.7.PROPERTY.?AllequipmentdetailedintheprojectbudgetandpurchasedfromthisfundshallbethepropertyoftheUniversity.8.PUBLICITY.?SponsorwillnotusethenameofUniversity,norofanymemberofUniversity'sprojectstaff,inanypublicity,advertising,ornewsreleasewithoutthepriorwrittenapprovalofanauthorizedrepresentativeofUniversity.?UniversitywillnotusethenameofSponsor,noranyemployeeofSponsor,inanypublicity,advertising,ornewsreleasewithoutthepriorwrittenapprovalofSponsor.9.INSURANCE.?Universityrepresentsthatithasadequateliabilityinsurance,suchprotectionbeingapplicabletoofficers,employees,andagentswhileactingwithinthescopeoftheiremploymentbyUniversity.?TheUniversityhasnoliabilityinsurancepolicyassuchthatcanextendprotectiontoanyotherperson.10.BACKGROUNDINTELLECTUALPROPERTY.?“BackgroundIntellectualProperty”meanspropertyandthelegalrightthereinofeitherorbothpartiesdevelopedbeforeorindependentofthisAgreementincludinginventions,patentapplications,patents,copyrights,trademarks,maskworks,tradesecretsandanyinformationembodyingproprietarydatasuchastechnicaldataandcomputersoftware.BothpartiesagreetoprovidetheBackgroundIntellectualPropertynecessarytocompletetheobjectivesoftheproject.?BothpartiesshallretainallrightstotheirrespectiveBackgroundIntellectualPropertyprovidedforthispurpose.?Neitherpartyshallassumeanyrightsintheotherparty’sBackgroundIntellectualPropertyprovidedforthisprojectotherthantherighttousesaidBackgroundIntellectualPropertytoachievetheobjectivesofthisproject.11.PROJECTINTELLECTUALPROPERTY.?“ProjectIntellectualProperty”meansthelegalrightsrelatingtoinventions(includingSubjectInventionsasdefinedin37CFR401),patentapplications,patents,copyrights,trademarks,maskworks,tradesecretsandanyotherlegallyprotectableinformation,includingcomputersoftware,firstmadeorgeneratedduringtheperformanceofthisAgreement.OwnershipofProjectIntellectualPropertyshallvestinthepartywhosepersonnelconceivedthesubjectmatteranddiligentlypursuedreducingthesubjectmattertopractice,andsuchpartymayperfectlegalprotectionthereininitsownnameandatitsownexpense.?JointlymadeorgeneratedProjectIntellectualPropertyshallbejointlyownedbythePartiesunlessotherwiseagreedinwriting.ThePartiesagreetodisclosetoeachother,inwriting,eachandeveryInventionwhichmaybepatentableorotherwiseprotectableundertheUnitedStatesPatentlawsinTitle35,UnitedStatesCode.ThePartiesacknowledgethattheywilldiscloseInventionstoeachotherandtheawardingagencywithintwo(2)monthsaftertheirrespectiveinventor(s)firstdisclosetheinventioninwritingtotheperson(s)responsibleforpatentmattersofthedisclosingparty.?AllwrittendisclosuresofsuchInventionsshallcontainsufficientdetailoftheinvention,identificationofanystatutorybars,andshallbemarkedconfidential,inaccordancewith35U.S.C.205.SponsorshallreceivethefirstoptiontonegotiateforalicensetocommercializetheProjectIntellectualPropertyofUniversity,subjecttoanyrightsoftheGovernmenttherein.?SponsorisherebygrantedanexclusiveoptiontonegotiatethetermsforalicensetoProjectIntellectualPropertyofUn