MODEL AGREEMENT SMALL BUSINESS TECHNOLOGY TRANSFER (STTR) PROGRAM Allocation of Rights in Intellectual Property and Rights to Carry Out Follow-on Research, Development, or CommercializationModel Agreement • July 15th, 2009
Contract Type FiledJuly 15th, 2009This Agreement between _______________________________, a small business concern organized as a ________________________ under the laws of ______________________ and having a principal place of business at ________________________________, (“SBC”) and The University of Texas _____________________________, a component institution of The University of Texas System (“System”), having a principal place of business at ____________________________________, (“UT _____________”) is entered into for the purpose of allocating between SBC and UT _____________ (“Parties”, or singly, “Party”) certain rights relating to an STTR project to be carried out by the Parties under an STTR funding agreement that may be awarded by the National Institutes of Health (“NIH”) to SBC to fund a proposal entitled “___________________________________________________________” submitted, or to be submitted, to the NIH by SBC on or about ___________________, 200__ (“STTR Proposal”).