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Types of Agreements Negotiated by MILO
Inter-Institutional Agreements
describe the terms under which two or more institutions (e.g., between two universities) will collaborate to assess, protect, market, license and share in the revenues received from licensing jointly owned Intellectual Property.
Licence Agreements
describe the rights and responsibilities of a party related to the use and exploitation of Intellectual Property developed at the university and affiliated hospitals. Licence agreements usually stipulate that the licensee should diligently seek to bring the intellectual property into commercial use for the public good and provide a reasonable return to the university.
Materials Transfer Agreements (MTAs)
used for incoming and outgoing materials at the university, and describe the terms under which university researchers and outside researchers can share materials, typically for research or evaluation purposes. Intellectual property rights can be endangered if materials are used without a proper MTA.  You should consult MILO before you transfer any biological or other proprietary materials to any academic or industrial collaborator/researcher. MILO requires specific information for Outgoing and/or Incoming Materials
Non-disclosure Agreements (NDAs)
NDAs protect the confidentiality of the information disclosed in during discussions with non-McMaster parties. NDAs are often requested by a potential industry sponsor when they are entering into discussions with McMaster researchers regarding research collaborations.  They are also used when a company evaluates a McMaster technology for potential commercialization or licensing arrangements. Template NDAs are available.
Option Agreements
or option clauses within research agreements, describe the conditions under which the university preserves the opportunity for a third party to negotiate a licence for Intellectual Property. Option clauses are often provided in a Sponsored Research Agreement to corporate research sponsors at the university or are entered into with third parties wishing to evaluate the technology prior to entering into a full licence agreement.
Research Agreements
describe the terms under which companies can fund research at the university. In general, McMaster retains ownership of the intellectual property rights resulting from sponsored research, but the company is granted an option for a limited time to negotiate a licence to any patent rights developed as the result of the research.