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Experimental Technical Services Agreement - The University of Akron

Experimental Technical Services Agreement - The University of Akron 2025

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The document is an Experimental/Technical Services Agreement between The University of Akron, the University of Akron Research Foundation, and a Company. It outlines the terms for conducting experimental and technical services, including payment terms, ownership of inventions, liability disclaimers, confidentiality obligations, and conditions for termination. The agreement emphasizes that the results are not guaranteed and that the Company assumes all risks associated with the services provided.

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Is the University of Akron in debt?

The universitys $378 million in debt is larger than its $290 million endowment. And its expenditures are outpacing its revenues in the 2023 fiscal year, the university had a $30 million deficit, which it covered by dipping into its reserves. Steps have been taken to bring in more funds, including from privatization.

When was Buchtel College created?

1870-1913: The Founding of Buchtel College.

When was Buchtel High school built?

The original high school building was constructed in 1931 and underwent numerous renovations in 1955, 1971 and 1984, when the gymnasium was added.

When did Buchtel College become the University of Akron?

Buchtel College was founded in 1870 with financial support from John R. Buchtel, an Akron manufacturer of farm equipment. In 1913, under the leadership of President Parke R. Kolbe, the college became the Municipal University of Akron.

What was The University of Akron originally called?

The institution now known as The University of Akron was founded as Buchtel College in 1870 by the Ohio Universalist Convention, which was strongly influenced by the efforts, energy and financial support of Akronites, particularly industrialist John R. Buchtel.