Ohio Services Agreement between The University of Memphis and UTEK Corp. regarding commercial development of specific intellectual property and technology

• Category: Corporations - Public - Services
• State: Multi-State
• Control #: US-EG-9435
• Format: Word; Rich Text

Description

Services Agreement between The University of Memphis and UTEK Corporation regarding the commercial development of specific intellectual property and technology that is developed, invented or discovered at the University and building a bridge between The Ohio Services Agreement between The University of Memphis and UTE Corp. is a legal document that outlines the terms and conditions for the commercial development of specific intellectual property and technology. This agreement aims to facilitate collaboration and maximize the potential of innovative research and development efforts. Here are some relevant keywords that may be associated with this agreement: 1. Intellectual property: The agreement focuses on the utilization and protection of intellectual property, which includes patents, trademarks, copyrights, and trade secrets. It establishes the rights and responsibilities of each party regarding the use, ownership, and commercialization of the developed intellectual property. 2. Technology transfer: The agreement's primary goal is to enable the transfer of technology and scientific knowledge from The University of Memphis to UTE Corp. It governs the licensing, transfer, and utilization of technology developed through research and development initiatives. 3. Commercialization: The agreement specifically addresses the commercial development and exploitation of the intellectual property generated through the partnership between The University of Memphis and UTE Corp. It outlines the processes, rights, and obligations associated with the commercialization of the developed technology. 4. Research and development: The agreement may include provisions related to ongoing research and development activities. It may stipulate the roles and responsibilities of each party in conducting research, providing resources or funding, and ensuring that any resulting intellectual property is properly protected. 5. Royalties and revenue sharing: The agreement may establish the financial aspects of the commercialization process. It may outline the payment of royalties or revenue sharing arrangements between The University of Memphis and UTE Corp., based on the commercial success of the developed technology. Variant types of Ohio Services Agreements between The University of Memphis and UTE Corp.: 1. Exclusive Licensing Agreement: This type of agreement grants UTE Corp. an exclusive right to develop and commercialize the intellectual property, preventing The University of Memphis from granting similar rights to others. 2. Non-Exclusive Licensing Agreement: A non-exclusive licensing agreement allows UTE Corp. to develop and commercialize the developed intellectual property alongside other entities partnering with The University of Memphis. 3. Joint Development Agreement: In some cases, The University of Memphis and UTE Corp. may enter into a joint development agreement, where both parties contribute resources, expertise, and intellectual property. The agreement's terms and conditions govern the collaborative development and commercialization of the technology. It is important to note that the specific terms and conditions of the Ohio Services Agreement between The University of Memphis and UTE Corp., including any variant types, can vary based on the parties' preferences, the nature of the intellectual property, and the intended commercialization strategy.

The Ohio Services Agreement between The University of Memphis and UTE Corp. is a legal document that outlines the terms and conditions for the commercial development of specific intellectual property and technology. This agreement aims to facilitate collaboration and maximize the potential of innovative research and development efforts. Here are some relevant keywords that may be associated with this agreement: 1. Intellectual property: The agreement focuses on the utilization and protection of intellectual property, which includes patents, trademarks, copyrights, and trade secrets. It establishes the rights and responsibilities of each party regarding the use, ownership, and commercialization of the developed intellectual property. 2. Technology transfer: The agreement's primary goal is to enable the transfer of technology and scientific knowledge from The University of Memphis to UTE Corp. It governs the licensing, transfer, and utilization of technology developed through research and development initiatives. 3. Commercialization: The agreement specifically addresses the commercial development and exploitation of the intellectual property generated through the partnership between The University of Memphis and UTE Corp. It outlines the processes, rights, and obligations associated with the commercialization of the developed technology. 4. Research and development: The agreement may include provisions related to ongoing research and development activities. It may stipulate the roles and responsibilities of each party in conducting research, providing resources or funding, and ensuring that any resulting intellectual property is properly protected. 5. Royalties and revenue sharing: The agreement may establish the financial aspects of the commercialization process. It may outline the payment of royalties or revenue sharing arrangements between The University of Memphis and UTE Corp., based on the commercial success of the developed technology. Variant types of Ohio Services Agreements between The University of Memphis and UTE Corp.: 1. Exclusive Licensing Agreement: This type of agreement grants UTE Corp. an exclusive right to develop and commercialize the intellectual property, preventing The University of Memphis from granting similar rights to others. 2. Non-Exclusive Licensing Agreement: A non-exclusive licensing agreement allows UTE Corp. to develop and commercialize the developed intellectual property alongside other entities partnering with The University of Memphis. 3. Joint Development Agreement: In some cases, The University of Memphis and UTE Corp. may enter into a joint development agreement, where both parties contribute resources, expertise, and intellectual property. The agreement's terms and conditions govern the collaborative development and commercialization of the technology. It is important to note that the specific terms and conditions of the Ohio Services Agreement between The University of Memphis and UTE Corp., including any variant types, can vary based on the parties' preferences, the nature of the intellectual property, and the intended commercialization strategy.