THE UNIVERSITY OF MICHIGANLicense Agreement • February 11th, 2020
Contract Type FiledFebruary 11th, 2020This proposed license agreement (“Agreement”) falls under the State of Michigan Conflict of Interest Statute because Professors Xudong Fan, Zhaohui Zhong, and Mark Ilgen are employees of the University of Michigan (“University”) and partial owners of Arborsense, Inc. The law permits such an Agreement provided it is disclosed to the Board of Regents (“Regents”) of the University of Michigan and approved in advance by a 2/3 vote.