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The Invention and Research Agreements Business/Services Section

Research and Development Agreement

This kit includes tools and guidelines for preparing a research and development agreement. In certain situations, one company may wish to engage another to perform certain research and development tasks. The second company may have particular expertise or equipment that make it better suited to perform the project, while the first company may have certain knowledge or market position that is an important component of such research. Under the terms of the sample agreement included in this kit, that second company is contracted to carry out a particular project, for which it is compensated by the engaging company, and in aid of which the engaging company may make available certain proprietary information to the contractor. At the completion of the project, the product developed by the contractor is assigned to the engaging company in an outright assignment. This packet contains: (1) Research and Development Agreement Information (2) Research and Development Agreement State Law Compliance: Designed for use in all states. Among others, this form includes the following provisions: • Services • Payment • Company Materials • Reports • Audits • Intellectual Property Ownership • Term • Termination

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Research and Development Amendment Agreement

Occasionally after a research and development agreement has been entered into, the parties may agree that a change must be made to their arrangement. For example, you may wish to change the amount owed to the contractor for its services. It is important that these types of changes are documented, and not simply left to oral agreements. For use in all states Among others, this form includes the following provisions: • Amendment to Research and Development Agreement • Effect on Other Provisions in the Original Agreement • Binding Effect • Counterparts

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