This sample agreement can be used by a commercial Sponsor to engage an individual academic researcher to provide consultancy services on a fixed term basis
The agreement assigns intellectual property rights from the consultant to the Sponsor
Key issues covered in this template
Fees and payment terms
Obligations of confidentiality
Assignment of intellectual property
Term and termination
Data protection
Conflict of interest
Governing law for disputes
Force majeure termination
Liability and infringement of third party rights
Assignment of third party IP
What to watch out for
The consultant must own the intellectual property rights being assigned to the Sponsor
The rights of intellectual property developed in the course of the consultant's employment by the university will usually belong to the university