SAMPLE Joint Venture Agreement for Technology Innovation Program
This file is a Joint Venture Agreement (JVA) for participation in the Technology Innovation Program (TIP) administered by the National Institute of Standards and Technology (NIST). It outlines the roles, responsibilities, and obligations of the parties involved in a joint venture research project. The document also covers important definitions, intellectual property, liability, and governance aspects of the agreement.
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How do I fill this out?
To fill out this Joint Venture Agreement, start by reading through the entire document carefully. Ensure all parties involved are aware of their roles and responsibilities as outlined. Complete the necessary fields and exhibits as specified in the agreement.
How to fill out the SAMPLE Joint Venture Agreement for Technology Innovation Program?
1
Read the entire Joint Venture Agreement carefully.
2
Identify and indicate the parties involved in Exhibit A.
3
Complete any required budget and financial information.
4
Ensure all parties agree to and sign the agreement.
5
Submit the completed agreement to the appropriate NIST Grants Officer.
Who needs the SAMPLE Joint Venture Agreement for Technology Innovation Program?
1
Research organizations participating in the Technology Innovation Program.
2
Businesses entering a joint venture for a TIP research project.
3
Legal teams preparing agreements for joint venture collaborations.
4
Project administrators managing TIP grants and cooperative agreements.
5
Parties seeking funding from NIST for innovative technology research.
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What are the instructions for submitting this form?
To submit this Joint Venture Agreement, ensure all sections are completed and signed by the relevant parties. Email the finalized document to the NIST Grants Officer indicated in the Cooperative Agreement Award. Alternatively, fax the document to their office or use the NIST online submission form provided in the agreement. For physical submissions, mail the document to the address listed in Exhibit C. It is advised to keep copies of all submitted documents for your records.
What is the purpose of this form?
The purpose of the Joint Venture Agreement (JVA) is to formalize the collaboration between multiple parties participating in the Technology Innovation Program (TIP) administered by the National Institute of Standards and Technology (NIST). By outlining roles, responsibilities, and obligations, the agreement ensures that each party understands its contribution to the research project. This clarity is crucial for the successful execution and completion of the TIP research project, alignin...
Tell me about this form and its components and fields line-by-line.
- 1. Background Technology: Technical information not generated in the course of the TIP research project.
- 2. Developed from assistance: Development using TIP funding, and/or the parties' cost share, and/or technically within the research project.
- 3. Government Use License: A nonexclusive, nontransferable, irrevocable, paid-up license for the U.S. Government to use subject inventions and copyrighted work developed under the TIP.
- 4. Intellectual Property: An invention patentable under Title 35, United States Code, or copyrighted work under Title 17, United States Code.
- 5. NIST Cooperative Agreement Award: The financial assistance funding instrument entered into between the NIST Grants Officer and the parties for the conduct of the TIP research project.
- 6. Parties: The entities identified in Exhibit A that are entering into the Joint Venture Agreement.
- 7. Proposal: The TIP research proposal submitted by the parties to TIP for funding.
- 8. Research Project: The TIP research project as set forth in the TIP Proposal submitted by the joint venture to TIP.
- 9. Subject Invention: Any invention conceived or first reduced to practice in the course of the TIP research project.
- 10. Technology: All technical information generated in the course of the TIP research project.
- 11. Management Committee: A committee composed of one representative of each party to direct the conduct of the TIP research project through the JV Administrator.
What happens if I fail to submit this form?
Failure to submit the Joint Venture Agreement can result in disqualification from participation in the Technology Innovation Program (TIP) and potential loss of funding from NIST.
- Disqualification: The research project may be disqualified from the TIP, resulting in ineligibility for NIST funding and support.
- Loss of Funding: Failure to submit the agreement can result in the loss of crucial funding and financial support from NIST for the research project.
- Project Delays: Delays in the submission process can cause significant setbacks in project timelines and objectives.
How do I know when to use this form?
- 1. Entering a new joint venture: To establish the roles and responsibilities of each party in the TIP research project.
- 2. Applying for TIP funding: To submit the necessary agreement as part of the TIP funding application process.
- 3. Managing cooperative agreements: To comply with the terms and conditions of NIST Cooperative Agreement Awards.
- 4. Outlining intellectual property rights: To define the intellectual property rights and government use licenses related to the TIP research project.
- 5. Formalizing project governance: To establish the governance structure and management committee for the TIP research project.
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