The Formal Agreement Between the Parties

Table of Provisions

Title page, introduction and signature blocks

Part A: Introduction

1. Definitions and Interpretation

Part B: Establishing the Centre

2. Establishment of Joint Venture
3. Objectives of the Centre
4. Major Covenants
5. Term of the Centre
6. Location of Activities and Access

Part C: Organising the Centre

7. Management Structure
8. Composition of the Board
9. Functions and Powers of the Board
10. Director
11. Deputy Director
12. Secretary
13. Advisory Committee
14. Executive Committee

Part D: Managing the Resources

15. Budgeting
16. Contributions
17. Centre Agent and Account
18. Separate Accounting of the Parties
19. Assets

Part E: Research and Training

20. Programs
21. Seconded Personnel

Part F: Outcomes and Results

22. Background Intellectual Property
23. Centre Intellectual Property
24. Commercialisation of Centre Intellectual Property
25. Equity in the Centre

Part G: Protecting the Research

26. Confidentiality
27. Publications and Public Announcements

Part H: Allocation of Risk

28. Mutual Indemnities
29. Insurance

Part I: Changing or Terminating the Relationship

30. Retirement and Expulsion
31. Assignment
32. New Members
33. Termination
34. Sub-contracting
35. Change of Status

Part J: Conflicts and Differences of Opinion

36. Conflict of Interest
37. Settlement of Disputes
38. Arbitration

Part K: Other Matters

39. Force Majeure
40. Clause Severance
41. Waiver
42. Governing Law
43. Notices
44. Entire Agreement
45. Amendments

Table of Schedules

Schedule A Contributions
Schedule B Premises and Equipment
Schedule C Seconded Personnel
Schedule D Activities and Programs
Schedule E Budgets
Schedule F Performance Indicators

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Centre for Plant Biodiversity Research

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Updated 2 June, 2011 by Andrew Lyne

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