Common Contracts

THE UNIVERSITY OF MICHIGAN

Option Agreement • October 6th, 2017

• Contract Type
  Option Agreement
• Filed
  October 6th, 2017

This proposed option agreement (“Agreement”) falls under the State of Michigan Conflict of Interest Statute because Professor Peter Ma is both an employee of the University of Michigan (“University”) and a partial owner of Prove Concepts, LLC. 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.