### Question
How does the law define Phase III agreement?


### Answer
Under *15 U.S.C. § 638*, **Phase III agreement** is defined as:

> a follow-on, non-SBIR or non-STTR funded contract as described in paragraph (4)(C) or paragraph (6)(C) of subsection (e)

#### Citation:
  - *15 U.S.C. § 638*
  - Heading: **CHAPTER 14A-AID TO SMALL BUSINESS**

