Vivensa Foundation - Technology Transfer and Intellectual Property Agreement

Sep 16, 2026

Specimen agreement outlining the terms between Vivensa Foundation and the Institution (and an optional Technology Transfer Group) for managing rights and obligations related to results and Intellectual Property Rights from Projects funded by the Foundation. The agreement defines key concepts including Exploitation, Grant Making Policy, Intellectual Property Rights, Know-How, Project, Periodical Sum, Revenue Sharing, and each party’s roles. It also states commencement and sets requirements for the Institution to ensure ownership, protection, and timely notification of commercially promising Intellectual Property Rights.

LanguageEnglish

CategoryLetters

FormatPDF

Pages11

Reading Time4 min

AccessFree to download

Definitions

Commencement

Intellectual Property Protection

Specimen – information only THIS AGREEMENT is made the day of 20 BETWEEN the parties whose details are set out below: (1) VIVENSA FOUNDATION Name: Vivensa Foundation Company no. 07472301 Charity no: 1140372 Registered office: Thanet House, 231-232 Strand, LONDON WC2R 1DA Contact: to be inserted Tel: 020 7871 5404 E-mail: [admin@vivensafoundation.org. uk](admin@vivensafoundation.org. uk) (2) THE INSTITUTION Name: Address: Contact: Tel: E-mail: (3) TECHNOLOGY TRANSFER GROUP (if applicable) Name: Company No: Registered office: Contact: Tel: E-mail: WHEREAS A The Institution may from time to time be awarded a Grant or Grants by the Vivensa Foundation in connection with research work, such Grants to be subject to the Terms & Conditions for Grants and Grant making Policy of the Vivensa Foundation. B The parties hereto are entering into this Agreement to regulate their respective rights and obligations in relation to the results of and any Intellectual Property Rights arising from any Project funded by the Vivensa Foundation. IT IS AGREED as follows: 1 Definitions In this Agreement the following words shall, unless the context otherwise requires, have the following meanings: ‘Exploitation’ / ‘Exploit’ means any exploitation for commercial benefit and includes but is not limited to commercialisation by way of licence, assignment, option, sale, research collaboration or other disposal, and whether for cash, equity or other consideration ‘Exploiting Party’ means whichever of the Institution or its Technology Transfer Group (if there is one) is or will be responsible for technology transfer and commercialisation matters with respect to the Project for and on behalf of the Institution ‘Grant’ ‘Grant Making Policy’ ‘Intellectual Property Rights’ ‘Institution’ ‘Know-How’ means any grant made to the Institution pursuant to the Grant Making Policy and Terms and Conditions for Research Grants in respect of any Project means the Vivensa Foundation Grant Making Policy in respect of applications for grants for medical and/or scientific research in force in relation to the particular project in question means all patents, trademarks, copyrights and design rights (whether registered or not) and all applications for any of the foregoing, secret formulae and processes and all rights of confidence in the Know-How and all rights and forms of protection of a similar nature to any of the foregoing or having equivalent effect anywhere in the world whensoever and howsoever arising for the full term thereof and all renewals and extensions thereof which may arise in the course of or result directly or indirectly from any Project means the institution hosting the research named in the details set out above means information, data, know-how or experience whether patentable or not including but not limited to all design or manufacturing techniques, operating instructions, machinery designs, raw material or products specifications, drawings, blueprints and any other technical and commercial information relating to research, design, development, manufacture, assembly, use or sale ‘Project’ ‘Periodical Sum’ ‘Revenue Sharing’ ‘Technology Transfer Group’‘Terms and Conditions’ ‘The Foundation’ ‘The Foundation’s Proportion’ means any research project or programme for which the Foundation has awarded a Grant to the Institution, details of which will be set out in the relevant application for a Grant means a periodical sum payable to the Foundation pursuant to Clause 5 below means the sharing of the benefits (such as revenues and equity) arising from the Exploitation of Intellectual Property Rights and ‘Revenue Share’ shall be interpreted accordingly means a body which is responsible for providing technology transfer services to the Institution means the Vivensa Foundation Terms and Conditions in respect of Research Grants in force in relation to the par

FAQs

What is the purpose of the agreement between the Vivensa Foundation and the Institution?

To regulate the parties’ rights and obligations regarding results and any Intellectual Property Rights arising from Projects funded by the Vivensa Foundation.

When does the agreement start and how does it apply to specific Projects?

It commences on the date of the agreement and applies to each specific Project upon the Foundation awarding a Grant (if any) for that Project.

What obligations does the Institution have for Intellectual Property ownership and protection?

The Institution must ensure Intellectual Property Rights are solely legally and beneficially owned by it, take reasonable steps to protect rights with commercial potential, inform the Foundation promptly, and apply for protection at its own expense.

Sep 16, 2026

Upload by Chumphorn