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Research Funding Agreement

Research Funding Agreement Template for Nigeria

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Key Requirements PROMPT example:

Research Funding Agreement

"I need a Research Funding Agreement for a US-based pharmaceutical company providing $2.5M funding to a Nigerian university for clinical trials research, with quarterly disbursements starting March 2025; must include strict IP protection clauses and compliance with international ethical standards."

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Document background
The Research Funding Agreement is a crucial document used when an organization provides financial support for research activities in Nigeria. It serves as the primary legal instrument governing the relationship between funding bodies and research institutions, ensuring clear understanding of rights, responsibilities, and deliverables. This agreement type is essential in the Nigerian research landscape, where increasing emphasis is placed on structured research funding, proper financial management, and compliance with local regulations. The document addresses key aspects including project scope, funding terms, intellectual property rights, reporting requirements, and regulatory compliance, while incorporating specific Nigerian legal requirements and research ethics guidelines. It's particularly important for international funding relationships, requiring careful attention to Nigerian foreign exchange regulations and cross-border requirements.
Suggested Sections

1. Parties: Identification of the funding organization and the research institution/recipient

2. Background: Context of the research funding arrangement and brief overview of the research project

3. Definitions: Definitions of key terms used throughout the agreement

4. Research Project: Detailed description of the research project, objectives, methodology, and timeline

5. Funding Terms: Amount, payment schedule, and conditions for funding disbursement

6. Use of Funds: Permitted uses of funding, budget allocation, and financial management requirements

7. Project Management: Roles, responsibilities, and governance structure for project oversight

8. Reporting Requirements: Financial and technical reporting obligations, frequency, and format

9. Intellectual Property Rights: Ownership and rights to research outputs, publications, and innovations

10. Confidentiality: Protection of confidential information and research data

11. Compliance: Obligations to comply with relevant laws, regulations, and ethical guidelines

12. Term and Termination: Duration of agreement and circumstances for early termination

13. General Provisions: Standard legal clauses including notices, amendments, and governing law

Optional Sections

1. International Collaboration: Required when research involves international partners or cross-border activities

2. Equipment and Assets: Include when funding covers purchase of significant research equipment or assets

3. Student Involvement: Required when research project involves student researchers or PhD candidates

4. Commercialization Rights: Include when research has potential commercial applications

5. Data Management: Required for projects involving significant data collection or sensitive data

6. Publication Rights: Include when specific publication requirements or restrictions apply

7. Ethics and Safety: Required for medical research or projects involving human/animal subjects

Suggested Schedules

1. Research Project Proposal: Detailed project proposal including methodology and timelines

2. Budget: Detailed breakdown of project costs and allocation of funds

3. Payment Schedule: Timeline and conditions for funding disbursement

4. Key Personnel: List of principal investigators and key research team members

5. Reporting Templates: Standard formats for technical and financial reports

6. Equipment List: Inventory of equipment to be purchased or used

7. Ethics Approvals: Copies of relevant ethical clearances and permits

8. Background IP: List of pre-existing intellectual property brought to the project

Authors

Alex Denne

Head of Growth (Open Source Law) @ ¶¶Òõ¶ÌÊÓƵ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

alex.den.21@genieai.co
Relevant legal definitions



















































Clauses








































Relevant Industries

Higher Education

Healthcare and Medical Research

Technology and Innovation

Agricultural Research

Environmental Sciences

Pharmaceutical

Energy and Resources

Biotechnology

Social Sciences

Engineering

Manufacturing R&D

Public Policy Research

Information Technology

Telecommunications

Relevant Teams

Legal

Research Administration

Finance

Compliance

Grants Management

Academic Affairs

Research Development

Contracts Administration

Intellectual Property

Research Ethics

Project Management Office

International Relations

Technology Transfer

Corporate Development

Relevant Roles

Research Director

Grant Manager

Principal Investigator

Legal Counsel

Research Administrator

Finance Director

Compliance Officer

Project Manager

Research Ethics Officer

Contracts Manager

Academic Dean

Department Head

Chief Scientific Officer

Research Coordinator

Funding Program Director

Intellectual Property Manager

Research Development Officer

Grant Writer

Financial Controller

Research Policy Officer

Industries










Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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