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MITACS Option Agreement Dated for reference, 20 BETWEEN: (Sponsor) AND: (the foregoing each referred to as an/the Intern and together as the Interns) AND: (Academic Supervisor) AND: UNIVERSITY OF

How to fill out mitacs option agreement

How to fill out mitacs option agreement

1. Review the mitacs option agreement form thoroughly to understand the terms and conditions.
2. Provide all necessary information in the pre-filled sections of the agreement, such as the project title, project start and end dates, and the name and contact details of the industry partner.
3. Ensure that both the academic supervisor and the industry partner sign the agreement.
4. If any modifications are required to the agreement, consult with Mitacs before making any changes.
5. Submit the completed option agreement to Mitacs via the online submission portal.
6. Wait for Mitacs to review and approve the agreement.
7. Once approved, follow any additional instructions provided by Mitacs, such as providing a copy of the approved agreement to the industry partner.
8. Keep a copy of the fully executed agreement for future reference.

Who needs mitacs option agreement?

1. Students and researchers who are participating in a Mitacs-funded project.
2. Academic supervisors overseeing Mitacs-funded projects.
3. Industry partners collaborating with students and researchers on Mitacs-funded projects.
4. Mitacs itself requires the option agreement to ensure compliance with their program guidelines.

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What is mitacs option agreement?

A Mitacs option agreement is a contract that allows a company to secure an exclusive option to license intellectual property developed during a research project funded by Mitacs.

Who is required to file mitacs option agreement?

The company partnering with Mitacs and the researchers involved in the project are required to file the Mitacs option agreement.

How to fill out mitacs option agreement?

The Mitacs option agreement can be filled out by following the instructions provided by Mitacs, ensuring all necessary information is accurately documented.

What is the purpose of mitacs option agreement?

The purpose of the Mitacs option agreement is to establish the terms and conditions for the potential licensing of intellectual property resulting from a research project.

What information must be reported on mitacs option agreement?

The Mitacs option agreement must include details about the research project, the intellectual property involved, the parties involved, and the terms of the licensing option.