Material Transfer Agreement This Agreement between THE BOARD OF TRUSTEES OF THE LELAND STANFORD JUNIOR UNIVERSITY (“Stanford”), an institution of higher education having corporate powers under the laws of the State of California, and COMPANY INC. (“Company”), a corporation having a principal place of business at ______, is effective on the ____ day of _____ 20____ (“Effective Date”). (“Principal Investigator”) of Stanford developed___________________________(Materials”) as described in _______________ (publication or patent application). Principal Investigator will make available Materials available to Company for evaluation/or research purposes. The parties hereby agree as follows: GRANT AND TRANSFER Subject to the terms and conditions of this Agreement, Stanford grants Company Grant. the nonexclusive right to use the Materials for research purposes and Principal Investigator will make the Materials available to Company. No Other Right or License. Notwithstanding Section 1.1, this Agreement does not constitute, grant nor confer any license under any patents or proprietary interests of one party to the other. Stanford has no obligation to grant a commercial license to Company. Ownership. Stanford explicitly retains ownership of the Materials. Stanford retains all rights to distribute the Materials to other commercial or non-commercial entities. This Agreement in no way alters any rights the U.S. Government may have. COMPANY USE OF STANFORD MATERIALS Restrictions on Use. Company will use the Materials only for research. Company will not use the Materials or any derivatives in humans. No Further Transfer. Company will not transfer the Materials to any third party without prior written consent from Stanford. Commercialization. If a commercial license is available, the parties will negotiate in good faith a license before Company commercializes or makes any commercial use of any product or process derived from the Materials. Compliance with Law. Company’s use of the Materials will be in compliance with all applicable laws and regulations. Transfer Fee. Company will reimburse Stanford in the amount of ___________________ for the costs of providing and shipping the Materials.
Material Transfer Agreement This Agreement between THE BOARD OF TRUSTEES OF THE LELAND STANFORD JUNIOR UNIVERSITY (“Stanford”), an institution of higher education having corporate powers under the laws of the State of California, and COMPANY INC. (“Company”), a corporation having a principal place of business at ______, is effective on the ____ day of _____ 20____ (“Effective Date”). (“Principal Investigator”) of Stanford developed___________________________(Materials”) as described in _______________ (publication or patent application). Principal Investigator will make available Materials available to Company for evaluation/or research purposes. The parties hereby agree as follows: GRANT AND TRANSFER Grant. Subject to the terms and conditions of this Agreement, Stanford grants Company the nonexclusive right to use the Materials for research purposes and Principal Investigator will make the Materials available to Company. No Other Right or License. Notwithstanding Section 1.1, this Agreement does not constitute, grant nor confer any license under any patents or proprietary interests of one party to the other. Stanford has no obligation to grant a commercial license to Company. Ownership. Stanford explicitly retains ownership of the Materials. Stanford retains all rights to distribute the Materials to other commercial or non-commercial entities. This Agreement in no way alters any rights the U.S. Government may have. COMPANY USE OF STANFORD MATERIALS Restrictions on Use. Company will use the Materials only for research. Company will not use the Materials or any derivatives in humans. No Further Transfer. Company will not transfer the Materials to any third party without prior written consent from Stanford. Commercialization. If a commercial license is available, the parties will negotiate in good faith a license before Company commercializes or makes any commercial use of any product or process derived from the Materials. Compliance with Law. Company’s use of the Materials will be in compliance with all applicable laws and regulations. Transfer Fee. Company will reimburse Stanford in the amount of ___________________ for the costs of providing and shipping the Materials.