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RESEARCHAGREEMENTTheresearchfoundationofstateuniversityofNEWYORKandSPONSORR.F.Account#____________________MadebyandbetweentheresearchfoundationofstateuniversityOFNEWYORK,anonprofit,educationalcorporationorganizedandexistingunderthelawsoftheStateofNewYork,withitsprincipalofficeslocatedat35StateStreet,Albany,NewYork12207(mailingaddress:PostOfficeBox9,Albany,NewYork122010009),hereinafterreferredtoasthe“FOUNDATION,”actingonbehalfoftheStateUniversityofNewYorkat______________,hereinafterreferredtoas“UNIVERSITY,”and________________,acorporationorganizedandexistingunderthelawsoftheStateof__________________,withitsprincipalofficelocatedat_______________________,hereinafterreferredtoas“SPONSOR.”WITNESSETH:WHEREAS,SPONSORandFOUNDATIONhaveamutualinterestinpromotingresearchrelatedto_______________,hereinafterreferredtoasthe“FIELD;”andWHEREAS,________________________________oftheStateUniversityofNewYorkat_______________?hasdevelopedexpertiserelatingtotheFIELD;andWHEREAS,SPONSORhasapprovedfundingtosupportaresearchprojectentitled“___________________________________,”hereinafterreferredtoasthe“PROJECT”whichwillbecarriedoutby_________________________;NOW,THEREFOREinconsiderationofthepremisesandthemutualcovenantshereinaftercontained,thepartiesagreeasfollows:1.ScopeofWorkTheFOUNDATIONagreestouseitsbesteffortstoconductandcarryoutthePROJECTdescribedintheSCOPEOFWORK,ExhibitA,whichisattachedtoandmadeanintegralpartofthisResearchAgreement.2.ReportsDuringthetermofthisResearchAgreement,FOUNDATIONshallprovidewrittenreportstoSPONSORasspecifiedinExhibitA.3.Compensation[FixedPrice]a)InconsiderationofresearchservicestobeperformedpursuanttothisResearchAgreement,SPONSORshallmakefixedpaymentsinthetotalamountofFEEDOLLARS.?ThisamountshallbepaidtoFOUNDATIONuponsubmissionofinvoicesaccordingtothefollowingschedule:__________onexecutionofthisResearchAgreement__________b)?Aninterestpenaltyof1.5%permonthwillbeaddedtothetotalinvoiceamountofpaymentifnotreceivedwithinforty-five(45)daysoftheinvoicedate.[CostReimbursable]a)?InfullandcompleteconsiderationofFOUNDATION’Sperformanceunderthisagreement,theSPONSORshallreimburseFOUNDATIONforallowablecostsincurredinaccordancewiththetermsofthisagreement,upto______________________Dollars,whichshallbespentinaccordancewiththeBudgetsetforthinExhibitA,attachedhereto.?ReimbursementshallbemadetoFOUNDATIONuponsubmissionofinvoicestoSPONSORasprovidedbelow.FOUNDATIONwillsubmit[monthly;quarterly]aninvoiceorvoucherofcostsincurredbytheFOUNDATIONintheperformanceofthisagreementandclaimedtoconstituteallowablecosts.?Promptlyafterreceiptofeachinvoiceorvoucher,SPONSORshallmakepaymentthereon.b)?Aninterestpenaltyof1.5%permonthwillbeaddedtothetotalinvoiceamountofpaymentifnotreceivedwithinforty-five(45)daysoftheinvoicedate.4.TermThisagreementshallbeeffectiveon____________________andshallcontinuethrough____________________unlessterminatedsoonerorextendedashereinafterprovided.5.TerminationEitherSPONSORorFOUNDATIONmayterminatethisResearchAgreementatanytimebygivingthirty(30)dayswrittennoticeofterminationtotheothercontractingparty.Intheeventoftermination,SPONSORshallreimburseFOUNDATIONforcontractualcommitmentsandfinancialobligationsincurredbyFOUNDATIONinperformanceofthisResearchAgreementpriortosuchtermination,ifsuchfinancialobligationsorcontractualcommitmentscannotbecanceledbytheFOUNDATION.Itisunderstoodandagreed,however,intheeventthatFOUNDATIONhasevidencethatSPONSORisindefaultuponanyofitsobligationshereunder,FOUNDATIONshallbeentitledtoeithersuspendthecontractuntilanacceptableremedyisestablished,ortoterminatetheagreement.?SuchterminationshallbeeffectiveimmediatelyuponreceiptofofficialwrittennotificationfromFOUNDATION.?FOUNDATIONshallalsobeentitledtopursueanyrightsorremedieswhichFOUNDATIONmayhaveagainstSPONSORbyreasonofsuchdefault,andFOUNDATIONmaywithholdanypaymentstoSPONSORforthepurposeofsetoffuntilsuchtimeastheexactamountofdamagesmaybedetermined.6.ChangeinProjectDirectorIfforanyreasontheFOUNDATIONPROJECTDIRECTORisunabletofulfilltheresponsibilitiesrequiredtocarryoutthisResearchAgreement,thepartiesshallnegotiateingoodfaiththecontinuanceofthisresearchPROJECT.?However,ifanotherprincipalinvestigatorsatisfactorytoSPONSORcannotbeagreedupon,SPONSORmayterminatethisResearchAgreement.?IntheeventofterminationbySPONSOR,FOUNDATIONshallbereimbursedforallcostsitincursinconnectionwiththisResearchAgreementwhicharisefromcommitmentsmadebyFOUNDATIONpriortoreceiptofnoticeoftermination,providedthecommitmentscannotbeterminatedbytheFOUNDATION.7.ProprietaryInformationItisunderstoodthatinthecourseofcarryingoutthisResearchAgreement,SPONSORandFOUNDATIONmaywishtoshareproprietaryinformation.ThepartiesagreetousetheirbesteffortstopreventdisclosureofinformationwhichisclearlymarkedasproprietarytoanyoneotherthanthoseindividualswhohaveaneedtoknowthisinformationforpurposesofcarryingouttheirobligationsinconnectionwiththisResearchAgreement.8.PublicationsTheFOUNDATIONPROJECTDIRECTORand/orFOUNDATION’SprojectstaffshallhavetherighttopublishtheresultsofanyresearchconductedunderthisResear