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Click ‘Get Form’ to open the Technology Agreement in the editor.
Begin by filling in the date at the top of the document. This is crucial as it marks the effective date of the agreement.
In the introductory section, ensure that all parties are correctly identified: UTEK Corporation, University of South Florida (USF), and USF Research Foundation, Inc. Verify addresses for accuracy.
Proceed to Article 1 - Technology Option. Here, you may need to specify any selected Technology for evaluation. Ensure clarity on terms like 'exclusive' and 'royalty-free' rights.
In Article 2 - Term and Termination, confirm the duration of three years and understand termination conditions. Adjust if necessary based on your agreement.
Review Article 3 - Confidential Information carefully. Fill in any specific details regarding proprietary information that needs protection.
Complete Article 4 - Notices by ensuring correct contact details for all parties involved are listed accurately.
Finally, sign and date at the end of the document where indicated to finalize your agreement.
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