The Harris Texas Services Agreement is a comprehensive legal document that outlines the terms and conditions for the commercial development of specific intellectual property and technology between The University of Memphis and UTE Corp. This agreement aims to facilitate a mutually beneficial partnership in the exploration, development, and potential commercialization of innovative ideas and research conducted at the university. Keywords: Harris Texas Services Agreement, University of Memphis, UTE Corp., commercial development, intellectual property, technology, partnership, research, innovation, commercialization, agreement terms, agreement conditions. Types of Harris Texas 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 undertaking of research and development activities to further the commercial potential of specified intellectual property and technology. 2. Licensing Agreement: This agreement allows UTE Corp. to obtain a license for the intellectual property and technology developed at The University of Memphis to commercialize it in specific markets or industries. 3. Exclusive Commercialization Agreement: This agreement grants UTE Corp. exclusive rights to commercialize the specific intellectual property and technology, either within a particular geographical area or for a specified period of time. 4. Joint Venture Agreement: In this type of agreement, The University of Memphis and UTE Corp. establish a separate legal entity to jointly develop and commercialize specific intellectual property and technology, sharing both risks and profits. 5. Royalty Sharing Agreement: This agreement outlines the terms for the sharing of royalties generated from the commercialization of the intellectual property and technology between The University of Memphis and UTE Corp. These various types of agreements cater to different collaborative models and strategic objectives, enabling The University of Memphis and UTE Corp. to effectively leverage their respective expertise and resources to maximize the potential value of the intellectual property and technology.
Harris Texas Services Agreement between The University of Memphis and UTEK Corp. regarding commercial development of specific intellectual property and technology
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