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Identify a Sponsor

Negotiate the general points for the agreement.

 

Life of the agreement may not extend beyond 5 years

We recommend that the agreement run for at least 2 years, to avoid the need for additional paperwork or extensions.

 

Discuss the proposal with your Supervisor

Obtain approval, in principle

 

Develop the draft agreement

Use the Generic Trust document as a guide

 

Send the draft agreement to the Technology Transfer Assistant

Who will prepare the complete agreement for your review.

 

Funding is $25,000 or less

Prepare an ARS-425 in ARIS

 

Funding level is over $25,000

Prepare an ARS-416/417 and submitted via ARIS

 

Don't forget that for all agreements over $5,000, ARS takes a 10% IRC charge.