Guidelines for Grant and Contract Management

302A. Memorandum of Agreement for Clinical Studies

Whereas, 1 (type name of company) (the "Company") and The University of Chicago (the "University") have agreed that the Company will support the conduct of a study by the University of a drug identified in the protocol named herein, and the University has the personnel and facilities to undertake such a study. Now, Therefore, the parties agree as follows:

ARTICLE 1.
SCOPE OF WORK: The University, in a study under the direction of 2 (type name of the p.i.), M.D. (the "Principal Investigator"), shall exercise its best efforts to carry out the program described in the protocol entitled 3 "(type the name of the protocol)", (the "Protocol") dated 4 (type a date), incorporated into this Agreement by reference.

ARTICLE 2.
PERIOD OF PERFORMANCE: The proposed study shall commence on or about 5 (type a starting date), and is estimated to be completed on or about 6 (type an ending date).

ARTICLE 3.
CONSIDERATION: The sum of 7 (type a dollar amount) is authorized as the maximum compensation to be paid to the University under this Agreement. This amount will be earned by the University based on 8 (type a dollar amount) per completed case report form delivered to the Company for a maximum of 9 (type no. of patients) subjects. However, if for any reason a subject is dropped before completing the study, the Company will reimburse the University for actual costs incurred in connection with that subject.

ARTICLE 4.
PAYMENTS: The Company will pay 10 (type a dollar amount) advance funding upon execution of this Agreement, and will make additional payments as follows:

11
($ type dollar amount requirements)
($ type dollar amount requirements)

Checks should be made payable to The University of Chicago and directed to:

Restricted Funds
Office of the Comptroller
The University of Chicago
1225 East 60th Street
Chicago, Illinois 60637
Tax ID 36-2177139

ARTICLE 5.
PATENTS: Under University policy, inventions resulting from work performed by members of its faculty and staff are the property of the University. If such inventions arise in the course of the work performed under this Agreement, the University will confidentially advise the Company. The Company should contact The Office of Technology and Intellectual Property (UChicagoTech) at 5555 South Woodlawn Avenue, Suite 300, Chicago, Illinois 60637, (773) 702-1692, if it is interested in pursuing commercial rights to the invention.

ARTICLE 6.
CONFIDENTIALITY: The University of Chicago agrees to preserve as confidential any and all trade secrets, privileged records and other proprietary information belonging to the Company and disclosed to the University or its employees during the course of the project covered by this Agreement. Excluded from such confidential treatment shall be information which: (a) as of the date of disclosure and/or delivery, is already known to the party receiving such information as evidenced by prior documentation thereof; (b) is or becomes part of the public domain, through no fault of the receiving party; (c) is independently developed by someone not privy to the confidential information; (d) is required for disclosure to federal or state regulatory agencies pursuant to approval for use; or (e) is received from a third party which did not require the recipient to hold it in confidence or limit its use and which did not acquire it, directly or indirectly, from the other party to this Agreement under a continuing obligation of confidentiality. The obligations of this Article shall survive and continue for three (3) years after termination of this Agreement.

ARTICLE 7.
PUBLICATION: The University and its employees shall have the right, consistent with academic standards, to publish the results of research performed under this Agreement, provided such publication does not disclose proprietary trade secrets or confidential information of the Company. The University agrees that, prior to submission of a manuscript describing the results for publication, the University shall forward to the Company a copy of the manuscript to be submitted and shall allow the Company 30 days to determine whether a patent application or other intellectual property protection should be sought prior to publication in order to protect the Company's proprietary interest in any product or invention developed in connection with this project. In addition, with reasonable justification, the University agrees to withhold such publications an additional 60 days, if required, to obtain patent protection. At this time the University shall be free to submit the manuscript and publish results in any manner consistent with academic standards. The Company will have the right to request deletion of any trade secret, proprietary, or confidential information supplied by them to the University.

The Company will take such actions as necessary to qualify the results of the Study for publication by the University and/or Principal Investigator, including without limitation, by complying with the requirements of the International Committee of Medical Journal Editors and other applicable laws and regulations, including any applicable requirements and conditions for publication of the Food and Drug Administration pertaining to pre-initiation registration of the Study. Company shall provide proof of such registration to the University.

ARTICLE 8.
REGISTRY:  The Company will take such actions as necessary to qualify the results of the Study for publication by the Institution and/or Principal Investigator, including without limitation by complying with the requirements of the International Committee of Medical Journal Editors and other applicable laws and regulations, including any applicable requirements and conditions for publication of the Food and Drug Administration pertaining to pre-initiation registration of the Study.  The Company shall provide proof of such registration to the Institution.

ARTICLE 9.
ADVERTISING: The Company agrees that the name of The University of Chicago, its trustees, officers, agents and employees will not be used for purposes of advertising. The Company and the University will obtain written approval from each other prior to issuing any press releases or other publicity in connection with this Agreement.

ARTICLE 10.
USE OF EXPERIMENTAL COMPOUNDS/DRUGS: The University agrees that it will limit its use and evaluation of experimental compounds/drugs submitted under this Agreement to activities directly related to the Protocol named herein, unless prior written consent has been provided by the Company.

ARTICLE 11.
HUMAN SUBJECTS: As human subjects are involved in this study, the policies and procedures of the University's Institutional Review Board will be observed.

ARTICLE 12.
DRUGS:
a) The Company shall provide, without charge, all drugs to be studied under this Agreement. The drug(s) shall be in appropriately marked containers.

b) The Company shall guarantee that no dosage form constituting or being part of any shipment now or hereafter made to the University in connection with the program covered by this Agreement will be adulterated or mislabeled.

ARTICLE 13.
INDEMNIFICATION: The Company undertakes to indemnify, defend and hold harmless the Principal Investigator and the University, its trustees, officers, agents and employees from any and all liability, loss, damage and expenses (including attorney fees) they may suffer as the result of claims, demands, costs or judgments which may be made or instituted against them or any of them by reason of personal injury (including death) to any person or damage to property arising out of or connected with the performance of the activities to be carried out pursuant to the Protocol provided, however, that any such liability, loss or damage resulting from (1) failure to adhere to the terms of the Protocol or the Company's written instructions relative to the use of the investigational drug, (2) failure to comply with any applicable FDA or other governmental requirements or, (3) negligence or willful malfeasance by the Principal Investigator or the University, its trustees, officers, agents and employees is excluded from this agreement to indemnify, defend and hold harmless.

The Principal Investigator and the University agree to notify the Company as soon as they become aware of a claim or action and to cooperate with and to authorize the Company to carry out the sole management and defense to such claim or action. The Company agrees, at its own expense, to provide attorneys to defend against any actions brought or filed against the Principal Investigator, the University, its trustees, officers, agents and employees with respect to the subject of indemnity contained herein, whether or not such claims or actions are rightfully brought or filed. The Company further agrees that if any research subject suffers adverse effects from the administration of the drug named in the study, in accordance with the Protocol, the Company will reimburse the University for all hospital and medical costs required for diagnosis and treatment.

Neither the Principal Investigator, the University, nor its trustees, officers, agents or employees shall compromise or settle any claim or action without the prior written approval of the Company.

ARTICLE 14.
CHANGES: This Agreement constitutes the entire Agreement between the parties regarding the subject matter herein. Any modification of this Agreement shall be made in writing and must be signed by authorized representatives of both parties.

ARTICLE 15.
TERMINATION: Either party may terminate this Agreement upon thirty days written notice to the other party. In the event this Agreement is terminated, the University will be reimbursed for all non-cancelable costs incurred through date of termination.

ARTICLE 16.
ORDER OF PRECEDENCE: In any conflict between the terms of this Agreement and the administrative terms of the Protocol, the terms of this Agreement shall take precedence.

(COMPANY NAME)

By____________________________

______________________________
(Typed Name)

______________________________
(Title)

______________________________
(Date)

THE UNIVERSITY OF CHICAGO

By____________________________

_________________________
(Typed Name)

________________________
(Title)

______________________________
(Date)

Revised 09/06

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