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MEMORANDUM OF AGREEMENT

MEMORANDUM OF AGREEMENT

  this agreement is entered into this (day, month & year) by and between (name and complete address of sponsor) (hereinafter referred to as 'sponsor') and kansas state university, 2 fairchild hall, manhattan, ks, 66506-1103 (hereinafter referred to as the 'university').?work will be performed at kansas state university in the department of (dept. name).

  whereas, the project contemplated by this agreement is of mutual interest and benefit to university and to sponsor and will further instructional and research project objectives of university in a manner consistent with its status as a non-profit, tax-exempt educational institution.

  now, therefore, the parties hereto agree as follows:

  1.statement of work.?

  the university agrees to use its best efforts to perform the project as described in appendix a hereof.

  2.principal investigator/project director.?

  the project will be directed by (pi/pd name).?if, for any reason, (s)he is unable to continue to serve as principal investigator/project director and a mutually acceptable successor is not available, university and/or sponsor shall have the option to terminate said program in accordance with clause 15 - termination.

  3.period of performance.?

  the project shall be conducted during the period of (start date and end date) and will be subject to renewal only by mutual agreement of the parties.

  4.project costs and payment.?

  in consideration of the foregoing, sponsor will pay university for costs incurred in the performance of the project, without an itemized accounting. payment shall not exceed the total estimated cost of (enter amount).?sponsor shall make payment (within thirty (30) days of the receipt of an invoice from university)or (shall pay $___________upon the full execution of this agreement and $__________ on or about [date]).

  5.reports.?

  brief progress reports of the project will be made periodically by university to sponsor and a final report will be rendered on completion of the project.?during the term of this agreement, representatives of university will consult and/or meet with representatives of sponsor to discuss progress and results, as well as on going plans of the project and university will provide project information to sponsor as reasonably requested.

  6.facilities.?

  the university will provide the utilities and office, laboratory and field space needed for the project.

  7.property.?

  all equipment detailed in the project budget and purchased from this fund shall be the property of the university.

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