California Agreement with Sponsor for Research on New Product or Process is a legal document that outlines the terms and conditions under which a sponsor agrees to fund research conducted in California for the development of a new product or process. This agreement sets forth the responsibilities, rights, and obligations of both parties involved in the research project. Keywords: California, agreement, sponsor, research, new product, process Types of California Agreement with Sponsor for Research on New Product or Process: 1. Exclusive Research Agreement: This type of agreement grants the sponsor exclusive rights to the research findings and any resulting product or process developed during the research project. The sponsor may also gain exclusivity over the use of specific data generated through the research. 2. Non-Exclusive Research Agreement: In contrast to the exclusive agreement, this type allows the researcher to collaborate with multiple sponsors simultaneously for similar research purposes. The sponsor does not have exclusivity or sole ownership over the research results and has limited rights to the developed product or process. 3. Joint Research Agreement: This agreement involves collaboration between sponsors and researchers to jointly conduct the research on a new product or process. The rights, responsibilities, and ownership of the research findings are shared among the parties based on pre-determined terms outlined in the agreement. 4. Confidentiality Agreement: A confidentiality agreement may be a component of the research agreement, ensuring the protection of sensitive information shared during the research process. It restricts the disclosure, use, or sharing of any confidential information by both parties. 5. Intellectual Property Agreement: This type of agreement specifically addresses the ownership and licensing of any intellectual property resulting from the research conducted in California. It outlines the transfer, assignment, or licensing of patents, copyrights, trademarks, or trade secrets related to the new product or process. 6. Funding Agreement: This agreement focuses primarily on the financial terms and obligations of the sponsor regarding the research project. It includes details like the amount of funding, payment schedules, and conditions for the disbursement of funds. Regardless of the specific type, all California Agreements with Sponsors for Research on New Product or Process are designed to protect the interests of both parties, ensure transparency, and establish a framework for collaboration in advancing innovation.
Para su conveniencia, debajo del texto en español le brindamos la versión completa de este formulario en inglés. For your convenience, the complete English version of this form is attached below the Spanish version.