Consulting Agreement Page 5

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from the Services performed hereunder shall reside in COMPANY. Title
to all inventions and discoveries made jointly by CONSULTANT and
COMPANY resulting from the Services provided hereunder shall be
owned jointly by UR and COMPANY. Inventorship shall be determined in
accordance with U.S. Patent law. The COMPANY and CONSULTANT
acknowledge that CONSULTANT has an obligation to disclose to UR all
inventions created by him/her as more fully provided in UR’s Intellectual
Property policy.
COMPANY shall have no rights by reason of this
Agreement in any publication, invention, discovery or other intellectual
property, which is conceived, developed or reduced to practice, in whole
or in part, using facilities, equipment or funds of UR or while
CONSULTANT was performing work for UR.
[ALTERNATIVE TWO (recommended for consulting arrangements
where the consulting work is sufficiently different or separate from
the work consulting is performing at the University): Subject to the
provisions of this Section 7, CONSULTANT agrees to assign to
COMPANY any right, title and interest he/she may have in any invention
or discovery which (i) CONSULTANT conceives, develops and reduces to
practice solely as a direct result of performing the SERVICES for the
COMPANY under this Agreement, and (ii) was not generated, in whole or
in part, in the course of CONSULTANT’s activities as a UR employee, and
is not owned by UR or assignable to UR pursuant to its Intellectual
Property policy. The COMPANY and CONSULTANT acknowledge that
CONSULTANT has an obligation to disclose to UR all inventions created
by him/her as more fully provided in UR’s Intellectual Property policy.
COMPANY shall have no rights by reason of this Agreement in any
publication, invention, discovery or other intellectual property, which is
conceived, developed or reduced to practice, in whole or in part, using
facilities, equipment or funds of UR or while CONSULTANT was
performing work for UR.]
8. Compliance with Laws and Regulations.
In the performance of the
Services hereunder, CONSULTANT shall comply with all applicable
federal, state and local laws, regulations and guidelines. CONSULTANT
shall also comply with COMPANY's polices when on COMPANY
premises.
9. Limitation of Liability; Indemnification. CONSULTANT shall not be liable
to COMPANY for any loss incurred in the performance of his/her Services
hereunder unless caused by CONSULTANT’s intentional misconduct.
COMPANY agrees, at its sole defense, to indemnify and defend
CONSULTANT from and against any damages, claims or suits by third
parties against CONSULTANT arising from the performance of
CONSULTANT’s Services hereunder unless caused by CONSULTANT’s
intentional misconduct.

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