Umbrella AgreementUmbrella Agreement • May 6th, 2022 • Missouri
Contract Type FiledMay 6th, 2022 JurisdictionAn Umbrella Agreement (UA), or Master Agreement, is a contract reached between The Curators of the University of Missouri and a sponsor in which the parties agree to terms that will govern future transactions or agreements. Examples of terms and conditions typically covered by UAs include use of the University’s name, billing requirements, termination language, and governing law. Specific programs, duties, and costs are identified by individual task orders/agreements with reference to the UA’s general terms and conditions. UAs allow the University and sponsor to quickly negotiate task orders/agreements, relying on the general terms of the UA in order to focus on project/task-specific terms.
Umbrella AgreementUmbrella Agreement • November 21st, 2019 • Missouri
Contract Type FiledNovember 21st, 2019 JurisdictionAn Umbrella Agreement (UA), or Master Agreement, is a contract reached between The Curators of the University of Missouri and a sponsor in which the parties agree to terms that will govern future transactions or agreements. Examples of terms and conditions typically covered by UAs include use of the University’s name, billing requirements, termination language, and governing law. Specific programs, duties, and costs are identified by individual task orders/agreements with reference to the UA’s general terms and conditions. UAs allow the University and sponsor to quickly negotiate task orders/agreements, relying on the general terms of the UA in order to focus on project/task-specific terms.