Ixion Grad Membership.doc
BDI Graduate Membership Agreement
between and
Biotechnology Development Institute (BDI) Ixion
University of Florida 13709 Progress Blvd.
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I. This agreement is made as of the 5th of November, 1998, the effective date,
between representatives of the parties named above. This agreement is for
the purpose of the development of mutually beneficial biotechnology
business collaborations and is subject to the terms and conditions
contained herein. These parties have a mutual interest the advancement of
Ixion, Inc.'s business and scientific goals, and the development of the
biotechnology industry in North Florida, which is the basis for this
agreement.
II. In furtherance of this agreement, the BDI agrees to:
a) Provide limited and prioritized access to the facilities of the
BDI including common use scientific equipment specified by the
graduate member, meeting space, and related infrastructure under
the terms and conditions in accordance with, and outlined in
section IV, part (c) and section III, part (e) of this agreement.
b) Provide limited and prioritized access to the BDI library,
computer facilities, and business assistance services as outlined
and in accordance with section IV, part (c) indicated below.
c) Provide access to the Core Facilities of the Interdisciplinary
Center for Biotechnology Research through its commercial
subsidiary, The Comprehensive Biotechnology Resource, at a Special
Graduate Member Rate.
d) Provide limited access to BDI Internet services for the first year
following graduation from the BDI's incubator program.
III. The Graduate Member agrees to:
a) Provide a Graduate Membership Fee in the amount of $1000.00. The
effective period of this agreement commences on November 5th, 1998
and will end on November 4th, 1999.
b) Furnish full payment of the above fee with this executed agreement
to the Biotechnology Development Institute, ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇,
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Florida Research Foundation, Inc.
c) Make a good faith effort to use the BDI services and facilities
specifically and exclusively for the advancement of its business
development goals and those of the BDI members, as outlined in the
Graduate Member Application.
d) Offer access to services, product or research to licensees of the
BDI and/or the Biotechnology Program for a nominal fee or free of
charge. The services, products or research to be provide by the
Graduate Member shall be: Chairman will continue as advisor to
BDI.
e) Provide the Incubator Manager or his designee with a list of
equipment and services, reflecting needed frequency of use by the
Graduate Member, to be attached to the Graduate Membership
Agreement.
IV. The parties mutually agree that:
a) This program shall be conducted by the Biotechnology Development
Institute in accordance with the laws, rules, and regulations of
the State of Florida, the Board of Regents, the State University
System, and the University of Florida.
b) The Graduate Membership fee is non-refundable, and that continued
participation in the program is at the sole discretion of the BDI
Incubator Manager and the Biotechnology Program Administration.
c) The Graduate Member's access to BDI services and facilities will
be restricted to available resources, and at lower priority,
available only after the BDI's primary commitment to the resident
licensees has been met. Access to BDI resources will be restricted
to normal business hours.
d) Graduate Members have no permanent space assignment within the BDI.
e) No advertising, publicity, or news release containing any
reference to the Biotechnology Development Institute or the
University of Florida or the Graduate Member shall be used by
either party without mutual agreement.
f) This Agreement may be renewed or extended by written mutual
agreement of the parties.
For The Biotechnology For the Graduate Member:
Development Institute:
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Associate Director Chairman & Chief Executive
Biotechnology Program
Attachment
EQUIPMENT AND SERVICES
Various pieces of common equipment subject to the restrictions in section IVc of
the BDI Graduate Membership Agreement.
