Below are all the legal and contractual definitions for the term “
" found within legal contracts contributed to The Genie Community.
All those below are used by lawyers, in-house legal counsel, startups and business owners alike.
Note: These definitions may differ between geographies, company size and contract category.
the individual (educated to at least Bachelors, employed by the Institution and selected jointly by the Institution and the Company) who will carry out the Project;
Each of the 7 model research collaboration agreements from the Lambert Toolkit have a different approach on who can exploit the intellectual property from a project. In this particular agreement, agreement 6, the Institution has the right to use IP for academic and research purposes.
Note: This collaboration agreement doesn't deal with joint ownership of intellectual property. For examples of joint ownership clauses, when 2 or more parties are collaborating, search Genie or Google for model consortium agreements Collaborator may negotiate for an assignment of some Institution IP
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