1.1 The Study shall
be performed as described in the Protocol (Protocol No.________),
entitled "_______________________________________," and attached
hereto as EXHIBIT A, under the direction of _____________________ as
Principal Investigator. MCGRI and its subcontractor, MCG, do not
represent, warrant or guarantee that any specific results shall be
achieved. In the case of conflict between the terms of this
Agreement and the Protocol or other attachments, the terms of this
Agreement shall control.
1.2 MCGRI and MCG shall use reasonable efforts to perform
such Study substantially in accordance with the terms and conditions
of this Agreement. By signing below, the Principal Investigator
agrees to undertake the obligations of the Investigator as set forth
in the Protocol.
1.3 In the event that the Principal Investigator becomes
unable or unwilling to continue the Study, and a mutually acceptable
substitute is not available, MCGRI or Sponsor shall have the option
to terminate said Study on thirty days written notice.
1.4 The Agreement Period is approximately
___________through _____________, unless earlier terminated pursuant
to this Agreement.
2.1 Sponsor agrees to pay MCGRI the sum of
_____________ ($_________) for the entire Study, based on the
completion of ________ evaluable subjects. Sponsor shall pay___%
of the total cost of the Study, upon the signing of this Agreement
and:
A final payment that includes all outstanding payments due will
be sent within thirty (30) days after all data has been received by
Sponsor and all queries have been resolved.
Mailing address for payments: MCG Research
Institute, Inc.
P.O.
Box 945552
Atlanta, GA 30394-5552
Attn: Protocol No.________________
The MCGRI tax identification number is 58-1418202.
2.2 Sponsor acknowledges and agrees that payments made
payable or sent to any individual or corporation other than as
specified above, shall not be credited towards fulfillment of
Sponsor's obligations under this Article.
2.3 MCG shall retain title to any equipment purchased with
funds provided by Sponsor under this Agreement.
2.4 In the event of early termination of this Agreement by
Sponsor pursuant to this Agreement, Sponsor shall pay all costs
accrued by MCGRI as of the date of termination, including
non-cancelable obligations, incurred prior to the effective date of
termination.
ARTICLE 3 -DATA, REPORTS AND CONFERENCES3.1
MCGRI agrees to complete case report forms under the Study
promptly and to deliver these forms and any other necessary data
related to the Study to representatives of Sponsor at periodic
monitoring visits. All such information and material will
become the property of Sponsor and may be freely utilized by
Sponsor in any manner desired. MCGRI further agrees to assist
Sponsor's representatives in resolving any discrepancies or
errors in case report forms and in performing random audits of
original case records, laboratory reports and/or other raw data
sources underlying data recorded on the case report forms.
Sponsor will send copies of the final corrected case report
forms to the Principal Investigator when complete.
3.2 MCGRI shall retain copies of all documentation
relating to this Study as required by federal, state or local
laws or regulations or by the Protocol, until all obligations of
all persons associated with the Study have been completed.
3.3 During the term of this Agreement, representatives
of MCGRI may meet with representatives of Sponsor at times and
places mutually agreed upon to discuss the progress and results
as well as ongoing plans, or changes therein, of the Study to be
performed hereunder.
3.4 Sponsor will notify MCGRI prior to or concurrent
with any monitoring visits.
ARTICLE 4 - CONFIDENTIALITY
4.1 MCGRI and MCG shall use that care which they use
to protect their own confidential information not to disclose to
any third party any information or data provided by Sponsor to
MCGRI in connection with the Study and the Protocol which is
marked by Sponsor as confidential or with a similar legend, or
which is reduced to writing within 30 days after disclosure and
designated as confidential ("Confidential Information"). Such
confidentiality obligation shall be observed during the
performance of the Study and for a period of three years
following the termination or expiration date of this Agreement.
Confidential Information shall be returned to Sponsor to the
extent possible upon completion by MCGRI of its obligations
under this agreement or upon demand.
4.2 The obligation to protect Sponsor's Confidential
Information shall not apply to any information that:
(1) is already in the possession of, or is
independently developed by, MCGRI as evidenced by written
record,
(2) is or becomes publicly available other
than through breach of MCGRI's confidentiality obligations,
(3) is received by MCGRI from a third party
without either knowledge of origination in Sponsor or obligation
of confidence,
(4) is released for disclosure by Sponsor
with its written consent, or
(5) is required to be disclosed by law,
regulation or court order, including but not limited to the
Georgia Open Records Act (providing that MCGRI has taken all
reasonable efforts to keep information confidential to the
extent permitted by such Act).
ARTICLE 5 - PUBLICATIONS
5.1 Sponsor recognizes that under MCGRI and MCG
policy, the results of the Study must be publishable and agrees
that researchers engaged in the Study shall be permitted to
present at symposia, national or regional professional meetings,
and to publish in journals, theses or dissertations, or
otherwise of their own choosing, methods and results of the
Study, provided, however, that Sponsor shall have been furnished
copies of any proposed publication or presentation at least one
month in advance of the submission of such proposed publication
or presentation to a journal, editor, or other third party.
Sponsor shall have 30 days after receipt of said copies, to
object to such proposed presentation or proposed publication
because there is patentable subject matter which needs
protection. In the event that Sponsor makes such objection,
said researcher(s) shall refrain from making such publication or
presentation for a maximum of four months from date of receipt
of such objection in order for MCGRI to file patent
application(s) with the United States Patent and Trademark
Office or foreign patent office(s) directed to the patentable
subject matter contained in the proposed publication or
presentation.
ARTICLE 6 - INTELLECTUAL PROPERTY
6.1 MCGRI agrees that it has no proprietary rights to
or interest in (DRUG/DEVICE BEING STUDIED) (hereinafter
"Product"). MCGRI further agrees that Sponsor owns all the
rights to the Product. Rights to inventions, improvements and
discoveries, whether or not patentable or copyrightable,
relating to the Study made solely by employees of Sponsor shall
belong to Sponsor. Such inventions, improvements, and
discoveries shall not be subject to the terms and conditions of
this Agreement.
6.2 All rights and title to MCGRI Intellectual
Property under the Study shall belong to MCGRI, subject to the
right of Sponsor to take an exclusive, or non-exclusive,
royalty-bearing license to MCGRI Intellectual Property, as set
forth in Article 7, below and shall be subject to the terms and
conditions of this Agreement. "MCGRI Intellectual Property"
shall mean individually and collectively all inventions,
improvements or discoveries which are conceived or made by one
or more employees of MCG in performance of the Study during
Agreement Period.
6.3 MCGRI will promptly notify Sponsor of any MCGRI
Intellectual Property. If Sponsor directs or MCGRI determines
that a patent application or application for other intellectual
property protection should be filed, MCGRI shall promptly
prepare, file and prosecute such U. S. or foreign application in
MCGRI's name. If Sponsor directs MCGRI to file a patent
application hereunder or desires to maintain its right to
exercise either option (a) or (b) of Section 7.2, below, Sponsor
shall bear all costs incurred in connection with such
preparation, filing, prosecution and maintenance of U. S. and
foreign application(s). Sponsor shall cooperate with MCGRI to
assure that such application(s) will cover, to the best of
Sponsor's knowledge, all items of commercial interest and
importance. While MCGRI shall be responsible for making
decisions regarding scope and content of application(s) to be
filed and prosecution thereof, Sponsor shall be given an
opportunity to review and provide input thereto. MCGRI shall
inform Sponsor of all developments with respect to such
application(s) and shall promptly supply to Sponsor copies of
all papers received and filed in connection with the prosecution
thereof in sufficient time for Sponsor to comment thereon.
6.4 If Sponsor elects not to exercise its option as
described below or decides to discontinue the financial support
of the prosecution or maintenance of the protection, MCGRI shall
be free to file or continue prosecution or maintain any such
application(s), and to maintain any protection issuing thereon
in the U. S. and in any foreign country at MCGRI's sole
expense. MCGRI hereby grants Sponsor a royalty-free,
non-exclusive license to use MCGRI Intellectual Property within
its own organization for any noncommercial purpose. MCGRI hereby
grants the first option, at Sponsor's sole selection, for either
(a) a non-exclusive, royalty-bearing license to use MCGRI
Intellectual Property for any purpose except sublicensing, or
(b) an exclusive royalty-bearing license with a right to
sublicense. Terms and conditions of these licenses are to be
negotiated in good faith and agreed upon between MCGRI and
Sponsor. Provided Sponsor has participated in bearing patent
expenses as described above, this option shall extend for a
period of sixty days from the termination date of this
Agreement. In the event that Sponsor acquires an exclusive
license or right under this Agreement, Sponsor hereby grants to
MCGRI the right to continue to use MCGRI Intellectual Property
for any noncommercial purpose.
ARTICLE 7 - GRANT OF RIGHTS
7.1 MCGRI hereby grants Sponsor a royalty-free,
non-exclusive license to use MCGRI Intellectual Property within
its own organization for any noncommercial purpose.
7.2 MCGRI hereby grants the first option, at Sponsor's
sole selection, for either (a) a non-exclusive, royalty-bearing
license to use MCGRI Intellectual Property for any purpose
except sublicensing, or (b) an exclusive royalty-bearing license
with a right to sublicense. Terms and conditions of these
licenses are to be negotiated in good faith and agreed upon
between MCGRI and Sponsor. Provided Sponsor has participated in
bearing patent expenses as described in Section 6.3, above, this
option shall extend for a period of sixty days from the
termination date of this Agreement.
7.3 In the event that Sponsor acquires an exclusive
license or right under this Agreement, Sponsor hereby grants to
MCGRI the right to continue to use MCGRI Intellectual Property
for any noncommercial purpose.
ARTICLE 8 - TERM AND TERMINATION
8.1 This Agreement shall become effective upon the
date first written above and shall continue in effect for the
full duration of the Agreement Period, as specified in Article
1.5. The parties hereto may, however, extend the term of this
Agreement for additional periods as desired under mutually
agreeable terms and conditions which the parties reduce to
writing and sign.
8.2 This Study may be terminated at any time by MCGRI
for any valid cause or if required to protect patient safety
(e.g., due to the occurrence of serious or unexpected adverse
reactions) or by Sponsor for any valid cause, by either party's
giving thirty (30) days written notice to the other party. If
this Study is terminated prior to completion, MCGRI shall
furnish to Sponsor all case report forms, either completed or
uncompleted, up to the date of termination, as well as all other
Study materials, including but not limited to the Study Product.
8.3 No termination of this Agreement, however
effectuated, shall release the parties from their rights and
obligations accrued prior to the effective date of termination.
ARTICLE 9 - INDEMNIFICATION AND INSURANCE
9.1 Sponsor agrees to indemnify and hold harmless
MCGRI and its duly authorized agents, servants and employees
from all claims, demands, actions, causes of action and suites
of whatever kind or nature and to indemnify MCGRI and its duly
authorized agents, servants and employees from all damages,
losses, judgments, costs and fees, including attorneys' fees,
which result from this Study, provided that:
(1) MCGRI, and its agents, servants and
employees have followed the Protocol described herein as Exhibit
A and were not negligent in conducting the work under Protocol;
and
(2) MCGRI promptly gives SPONSOR notice of,
and the right to defend against, any claim or suit as well as
the unconditional right to settlement of such suits in the sole
discretion of SPONSOR; and
(3) MCGRI agrees to cooperate fully with
SPONSOR in its defense of any claim or suit.
9.2 MCGRI warrants and represents that MCG has
adequate liability insurance, such protection being applicable
to officers, employees, and agents while acting within the scope
of their employment by MCG. MCG has no liability insurance
policy as such that can extend protection to any other person.
9.3 Sponsor acknowledges that this Agreement does not
confer upon Sponsor any right of claim of indemnification by the
MCGRI or MCG, either express or implied.
ARTICLE 10 - INDEPENDENT CONTRACTOR10.1 MCGRI
shall be deemed to be and shall be an independent contractor
and as such MCGRI shall not be entitled to any benefits
applicable to employees of Sponsor.
10.2 Neither party is authorized or empowered to act
as agent for the other for any purpose and shall not on
behalf of the other enter into any contract, warranty or
representation as to any matter. Neither shall be bound by
the acts or conduct of the
other.
ARTICLE 11 - USE OF NAME
11.1 Sponsor agrees that it will not use the name of
MCGRI, MCG or the Principal Investigator or subinvestigators
in any advertising or publicity material, or make any form
of representation or statement in relation to the work
conducted under the terms of this Agreement which would
constitute an express or implied endorsement by MCGRI, MCG
or the Principal Investigator or subinvestigators of any
commercial product or service, and that it will not
authorize others to do so, without first having obtained
written approval from MCGRI.
ARTICLE 12 - CONFLICT OF INTEREST
12.1 MCG institutional policy requires that persons
engaged in Sponsored research must disclose potential
financial conflicts of interest with such research,
including certain consulting, stock ownership, or other
relationships with a company which Sponsors such research,
and that MCG must take measures to eliminate or minimize any
effects of such potential conflicts on the objectivity of
such research. By signing below, Principal Investigator
agrees to comply with MCG institutional policy and
requirements governing conflict of interest.
ARTICLE 13 - NON-DISCRIMINATION
13.1 Neither MCGRI nor Sponsor shall discriminate
against any person on the basis of race, national origin,
religion, creed, sex, sexual orientation, age or handicaps
in the performance of this Agreement.
ARTICLE 14 - GOVERNING LAW
14.1 This Agreement shall be governed and construed
in accordance with the laws of the State of Georgia.
ARTICLE 15 - ASSIGNMENT
15.1 This Agreement shall not be assigned by either
party without the prior written consent of the parties
hereto, except that the parties hereby consent to the
subcontracting of the research to the Medical College of
Georgia.
15.2 This Agreement is assignable to any division of
Sponsor, any majority stockholder of Sponsor, or any
subsidiary of Sponsor in which fifty-one percent of the
outstanding stock is owned by Sponsor.
ARTICLE 16 - COMPLETE AGREEMENT AND MODIFICATION
16.1 This writing contains the complete agreement of
MCGRI and Sponsor, which stipulate that they have made no
representation with respect to the subject matter of this
Agreement including the execution and delivery hereof except
such representations as are specifically set forth herein.
ARTICLE 17 - NOTICES
17.1 Notices hereunder shall be deemed made if given
by registered or certified mail, postage prepaid, and
addressed to the party to receive such notice at the address
given below, or such other address as may hereafter be
designated by notice in writing:
If to Sponsor: If to
MCGRI:
Betty
Aldridge
Executive
Director
MCG Research Institute, Inc.
Medical
College of Georgia
CJ-3301,
1120 15th Street,
Augusta,
GA 30912-4810
ARTICLE 18 - AUDIT EXPENSES
18.1 In the event of an FDA or Sponsor-initiated
audit, the Sponsor agrees to pay all actual costs incurred
by MCGRI and the Medical College of Georgia as a direct
result of the audit.
ARTICLE 19 - RECORDS RETENTION
19.1 In the event that the Sponsor wants study
documents stored beyond 2 years after the close of the
study, the Sponsor will be responsible for all study
documents storage fees after that time.
AGREED TO:
SPONSOR: MEDICAL
COLLEGE OF GEORGIA
RESEARCH
INSTITUTE, INC.
________________________ _____________________________
Name: Betty
Aldridge
Title:
Executive Director
__________________________
______________________________
Date
Date
ACCEPTED BY:
__________________________________________________
Principal Investigator (Signature)
_____________________________________
Date