Consortium Agreements

Index

• Charitable purposes and tax
• Parties
• Definitions
• The Project
• Project Management
• Financial Contribution, External Funding and Financial Management
• Use and exploitation of IP
• Academic Publication
• Confidentiality
• Limitation of Liability (Clause 8)
• Force Majeure (There are no notes for this clause)
• Termination
• General
• Schedules

That the members of the consortium have an Exploitation Plan is crucial to model Consortium Agreements B and C. That sort of plan is a prerequisite of funding from the Technology Strategy Board.

Model Consortium Agreements A and D, where the parties have no Exploitation Plan, are less likely to promote innovation, particularly model Consortium Agreement D where no rights to exploit are granted. These examples of consortium agreements have been included in the Lambert Toolkit because not every research consortium, particularly those that carrying out research that is far from market, will actually have an exploitation strategy and some consortium members may wish not to use Model Consortium Agreement A on the basis that it gives the parties rights to exploit another party’s IP at a time (at the beginning of the research project) when no one is sure what may result from that research.