For more information on sponsored agreements/projects, see Single Guidelines 200, Appendix III. There are different types of business law agreements, some of which are part of normal activity and others designed to protect businesses from adverse legal situations. Some common agreements include partnership agreements, compensation agreements and confidentiality agreements. Confidentiality Agreements (NDA) are intended to identify and protect confidential information, often signed between an organization and someone who works for it. They can take many forms, but they are often signed by employees, agencies or professionals, who have to deal with sensitive information to do their job. There are several situations in which a confidentiality agreement can apply: agreements are an integral part of the transaction. Each company will have several types of agreements to ensure that the organization and processes work smoothly. These types of agreements also help to deal with difficult scenarios. Agreements are also called contracts involving two or more parties, and both are bound by a statutory agreement. Another category of commercial contracts is that of contracts related to the sale. These agreements apply to everything that can be purchased or sold by your business, including goods and services. Sales-related contracts can also facilitate the transfer of securities when needed.
Gifts are a voluntary transfer of valuables to a person or organization in which no physical quantity of goods or services is expected. A gift is usually motivated by a charitable intent and is irrevocable. Gifts, sometimes called charitable funds, share many functions with sponsored projects/agreements, including requirements for progress and financial reporting or results, as well as a clear volume of work. Types of gifts include: Affiliate agreements occur between the university and another entity or entity to accomplish a common mission, such as teaching or research training. The types of reference agreements include: cooperation agreements involving researchers employed by more than one organization may develop formally at the beginning of the preparation of the proposal, or be formally required by a funding agency as part of a proposal. Where there is cooperation with a staff member of a commercial enterprise, it is necessary to formalize a cooperation agreement with the university and to address intellectual property rights.