The New Mexico Services Agreement between The University of Memphis and UTE Corp. is a collaborative agreement that aims to foster the commercial development of specific intellectual property and technology. This partnership combines the research expertise of the university with UTE Corp.'s knowledge in commercialization and business development. Keywords: New Mexico, services agreement, University of Memphis, UTE Corp., commercial development, intellectual property, technology, collaborative agreement, research expertise, commercialization, business development. Different types of New Mexico Services Agreements between The University of Memphis and UTE Corp. regarding commercial development of specific intellectual property and technology may include: 1. Research and Development Agreement: This type of agreement focuses on the joint efforts of the university and UTE Corp. in conducting research and development activities to advance the specific intellectual property and technology towards commercialization. 2. Licensing Agreement: This agreement governs the rights and permissions granted by The University of Memphis to UTE Corp. for the commercial use of specific intellectual property and technology. It outlines the terms and conditions in which UTE Corp. can utilize and further develop the licensed innovations. 3. Collaboration Agreement: In this agreement, The University of Memphis and UTE Corp. establish a collaborative framework to combine their resources, expertise, and networks to develop and commercialize specific intellectual property and technology. It outlines the roles, responsibilities, and contributions of each party towards the commercialization process. 4. Revenue-Sharing Agreement: This type of agreement specifies the allocation and distribution of revenues generated from the commercialization of the intellectual property and technology. It defines the royalty rates, payment terms, and mechanisms for sharing financial returns between The University of Memphis and UTE Corp. 5. Confidentiality Agreement: This agreement ensures the protection of confidential and proprietary information exchanged between The University of Memphis and UTE Corp. during the commercial development process. It establishes the terms for maintaining confidentiality and restricting the unauthorized disclosure of sensitive information. Each of these agreements serves a specific purpose within the broader scope of commercial development of intellectual property and technology between The University of Memphis and UTE Corp., providing a legal framework to support their collaborative efforts and ensure successful commercialization outcomes.