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What is Research Grant Agreement?

Research Grant Agreement Details research funding and obligations, specifying research goals, budget allocation, reporting requirements, and intellectual property rights.



Sample template:



RESEARCH GRANT AGREEMENT


This Research Grant Agreement (the "Agreement") is entered into on [Insert Date], between Horizon Research Foundation, a [State] non-profit corporation having its principal place of business at [Foundation Address] ("Grantor"), and Quantum Research Institute, a [State] research corporation having its principal place of business at [Institute Address] ("Grantee").

WHEREAS, Grantor desires to promote scientific research, and Grantee undertakes research activities;

NOW, THEREFORE, in consideration of the mutual covenants and conditions set forth herein, the parties agree as follows:

1. Purpose of Grant

1.1. Research Project


The Grantor hereby agrees to provide funding to the Grantee to support a research project entitled "NeuroGenius: Advancing Brain Computer Interfaces for Cognitive Augmentation" (the "Research Project"). The Research Project shall be performed according to the scope, goals, and objectives outlined in the research proposal submitted by the Grantee to the Grantor, dated [Date of Proposal Submission], which is attached hereto as Exhibit A and incorporated by reference herein.



2. Funding

2.1. Grant Funds


The Grantor shall provide the Grantee with the total amount of $[Amount] (the "Grant Funds") to be allocated according to the budget submitted by the Grantee as part of the research proposal attached as Exhibit A. The Grant Funds shall be used exclusively by the Grantee for the performance and development of the Research Project in accordance with the terms and conditions of this Agreement.


2.2. Payment Schedule


Payment of the Grant Funds shall be made by the Grantor in accordance with the payment schedule described in Exhibit B, attached hereto and incorporated by reference herein.


2.3. No-Overhead Policy


No portion of the Grant Funds shall be used to reimburse or otherwise pay for any indirect costs, overhead, or administrative expenses of the Grantee unless specifically approved in writing by the Grantor.



3. Research Project Performance

3.1. Scope of Work


The Grantee shall perform the Research Project in accordance with the scope of work, research goals, and objectives as set forth in the research proposal attached as Exhibit A, subject to any modifications agreed upon in writing by both parties.


3.2. Reporting Requirements


The Grantee shall submit to the Grantor periodic written progress reports, in a form and manner acceptable to the Grantor, and according to the reporting schedule specified in Exhibit C, attached hereto and incorporated by reference herein. The Grantee shall also promptly notify the Grantor of any significant deviations from the original research proposal or any significant problems, delays, or adverse conditions affecting the progress of the Research Project.


3.3. Publications


Subject to Section 4 below, the Grantee shall have the right to publish the results of the Research Project in any form, provided that the Grantor is given appropriate acknowledgment and that copies of any such publications are furnished to the Grantor.



4. Intellectual Property

4.1. Ownership


All inventions, discoveries, improvements, patents, copyrights, trademarks, and other intellectual property rights arising out of or resulting from the Research Project (collectively, "Intellectual Property") shall be owned by the Grantee, subject to any rights granted to the Grantor herein.


4.2. License Grant


The Grantee grants to the Grantor, and the Grantor accepts, a perpetual, non-exclusive, royalty-free, worldwide license to use, reproduce, modify, and distribute any Intellectual Property solely for non-commercial purposes. This license shall survive the termination or expiration of this Agreement.



5. Term and Termination

5.1. Term


This Agreement shall commence on the Effective Date and continue until the completion of the Research Project or until terminated in accordance with the provisions of this Section 5.


5.2. Termination for Convenience


Either party may terminate this Agreement for any reason upon thirty (30) days' prior written notice to the other party.


5.3. Termination for Cause


Either party may terminate this Agreement upon written notice if the other party breaches any material term or condition of this Agreement and fails to cure such breach within thirty (30) days after receipt of written notice thereof.


5.4. Effects of Termination


Upon termination or expiration of this Agreement, the Grantee shall return any unspent Grant Funds to the Grantor within sixty (60) days. All obligations of the parties under this Agreement, which by their nature should survive termination or expiration, including without limitation, those related to Intellectual Property and confidentiality, shall so survive.



6. Miscellaneous

6.1. Governing Law and Dispute Resolution


This Agreement shall be governed by and construed in accordance with the laws of the United States and the State of [State]. Any disputes arising under or in connection with this Agreement shall be subject to the exclusive jurisdiction of the state and federal courts located in [State].


6.2. Amendments


This Agreement may only be amended or modified in a writing signed by the parties.


6.3. Notices


All notices under this Agreement shall be in writing and shall be either personally delivered, sent by certified mail, return receipt requested, or sent by overnight courier service. Notice shall be effective upon receipt.


6.4. Entire Agreement


This Agreement, including all exhibits attached hereto, constitutes the entire agreement between the parties relating to the subject matter hereof and supersedes all prior and contemporaneous negotiations, communications, and agreements, whether oral or written, between the parties with respect to such subject matter.



IN WITNESS WHEREOF, the parties have executed this Agreement as of the date first above written.

HORIZON RESEARCH FOUNDATION

By: ____________________________
Name: __________________________
Title: __________________________

QUANTUM RESEARCH INSTITUTE

By: ____________________________
Name: __________________________
Title: __________________________

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Common Sections of a Research Grant Agreement


In this Research Grant Agreement, you will see the following sections:

  1. Purpose of Grant
  2. Funding
  3. Research Project Performance
  4. Intellectual Property
  5. Term and Termination
  6. Miscellaneous


Summary of each section:

  1. Purpose of Grant : This section explains that the Grantor (Horizon Research Foundation) is providing funds to the Grantee (Quantum Research Institute) for a specific research project called "NeuroGenius: Advancing Brain Computer Interfaces for Cognitive Augmentation." The project will be carried out according to the proposal submitted by the Grantee.

  2. Funding : This section outlines the total amount of money provided by the Grantor ($[Amount]) and how it should be used by the Grantee. It also includes a payment schedule (Exhibit B) and a no-overhead policy, which means the funds cannot be used for indirect costs or administrative expenses without written approval from the Grantor.

  3. Research Project Performance : This section describes how the Grantee must perform the research project according to the proposal (Exhibit A) and any agreed-upon modifications. The Grantee must also submit progress reports to the Grantor and notify them of any significant changes or issues. The Grantee has the right to publish the research results, as long as the Grantor is acknowledged and receives copies of the publications.

  4. Intellectual Property : This section states that the Grantee will own any inventions, discoveries, or other intellectual property resulting from the research project. However, the Grantee grants the Grantor a perpetual, non-exclusive, royalty-free license to use the intellectual property for non-commercial purposes.

  5. Term and Termination : This section explains that the agreement begins on the Effective Date and continues until the research project is completed or the agreement is terminated. Either party can terminate the agreement for any reason with 30 days' notice, or for cause if the other party breaches the agreement and fails to fix the issue within 30 days. Upon termination, the Grantee must return any unspent funds to the Grantor, and certain obligations (like intellectual property and confidentiality) will continue to apply.

  6. Miscellaneous : This section covers various additional terms, such as governing law, dispute resolution, amendments, notices, and the fact that this agreement (including its exhibits) is the entire agreement between the parties regarding the research grant.

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