A South Carolina Services Agreement between The University of Memphis and UTE Corp. is a legally binding contract that outlines the terms and conditions for the commercial development of specific intellectual property and technology. This agreement helps facilitate collaboration and sets the framework for a mutually beneficial partnership. Keywords: South Carolina, Services Agreement, University of Memphis, UTE Corp., commercial development, specific intellectual property, technology There are various types of South Carolina Services Agreements between The University of Memphis and UTE Corp. for the commercial development of specific intellectual property and technology. Some different types of agreements include: 1. Research and Development Agreement: This agreement outlines the terms for joint research and development activities between the University of Memphis and UTE Corp. It specifies the ownership of any resulting intellectual property and technology and establishes the rights and responsibilities of each party. 2. Licensing Agreement: This type of agreement grants UTE Corp. the rights to use the University of Memphis's intellectual property and technology for commercial purposes. It includes provisions for royalties, sublicensing, and enforcement of intellectual property rights. 3. Technology Transfer Agreement: This agreement governs the transfer of technology from the University of Memphis to UTE Corp. It includes details about the transfer process, intellectual property rights, and any financial considerations involved. 4. Commercialization Agreement: This agreement focuses on the commercialization and marketing of the specific intellectual property and technology developed by the University of Memphis. It outlines the responsibilities of both parties, including marketing efforts, product development, and revenue sharing. 5. Consulting Services Agreement: In some cases, the University of Memphis may provide consulting services to UTE Corp. regarding the specific intellectual property and technology. This agreement covers the scope of services, compensation, and confidentiality obligations. These various types of South Carolina Services Agreements serve as the foundation for the successful collaboration between The University of Memphis and UTE Corp. in the commercial development of specific intellectual property and technology. They ensure fair and equitable treatment of all involved parties while promoting the advancement and utilization of innovative ideas.