SPONSORED RESEARCH AGREEMENT
This AGREEMENT, effective as of October 1, 1999 (the "Effective Date") and expiring as of September 30, 2000, is made by and between the TRUSTEES OF BOSTON UNIVERSITY (hereinafter referred to as "UNIVERSITY") having a principal address at 881 Commonwealth Avenue, Boston, Massachusetts 02215 and Sequenom, Inc. (hereinafter referred to as "SPONSOR") a Delaware corporation having its principal place of business at 11555 Sorrento Valley Road, San Diego, CA 92121.
WHEREAS, the research program contemplated by this Agreement is of mutual interest and benefit to UNIVERSITY and SPONSOR and will further the instructional and research objectives of the UNIVERSITY in a manner consistent with its status as a non-profit, tax-exempt, educational institution,
NOW, THEREFORE, in consideration of the mutual covenants and promises herein contained, UNIVERSITY and SPONSOR agree as follows:
I. RESEARCH PROGRAM
1.1 UNIVERSITY undertakes to conduct the research program ("Research Program")
as described in the attached Exhibit A titled "Research Program Scope of
Work," and will furnish the facilities and support necessary to carry out
such Research Program. The Research Program will be under the direction of
Dr. Charles Cantor, as Principal Investigator, and Dr. Hubert Koster, as
SPONSOR's Technical Representative. SPONSOR may change its Technical
Representative at any time upon written notice to UNIVERSITY.
1.2 SPONSOR understands that UNIVERSITY's primary mission is education and
advancement of knowledge and that the Research Program will be performed
in a manner best suited to carry out that mission. The manner of
performance of the Research Program shall respect this mission and shall
be determined jointly by the Principal Investigator and the Technical
Representative. SPONSOR acknowledges that UNIVERSITY does not guarantee
specific results.
1.3 UNIVERSITY shall promptly advise SPONSOR if for any reason the Principal
Investigator ceases to be available to work on the Research Program. If
UNIVERSITY and SPONSOR cannot agree on a qualified replacement scientist,
SPONSOR may terminate this Agreement on thirty (30) days written notice to
II. PERIOD OF PERFORMANCE
2.1 The Research Program shall be conducted during the twelve-month period
from October 1, 1999 through September 30, 2000; provided however, that
the parties may extend the term of the Research Program with the unanimous
agreement of UNIVERSITY, SPONSOR and the Principal Investigator.
III. COMPENSATION
3.1 In consideration of UNIVERSITY's agreement to undertake the Research
Program described in Exhibit A, SPONSOR will pay UNIVERSITY a total of
$165,368 during the term of the Research Program, to be expended in
accordance with the Budget Detail set forth in Exhibit B. The program
funds will be paid to UNIVERSITY in quarterly installments as set forth in
the following schedule of amounts and due dates:
October 1, 1999 $41,342 January 1, 2000 $41,342
April 1, 2000 $41,342 July 1, 2000 $41,342
Payments will be made in the name of "Trustees of Boston University," and
will be sent to Boston University, Grant Accounting, 25 Buick Street,
Boston, Massachusetts 02215. UNIVERSITY shall provide SPONSOR with a final
financial accounting of all costs incurred and all funds received by
UNIVERSITY under this section 3.1 within ninety (90) days after the
termination of this Agreement. UNIVERSITY shall enclose a check payable to
SPONSOR in the amount of any unexpended balance of such funds.
3.2 SPONSOR shall have title to all equipment purchased and/or fabricated by
UNIVERSITY with funds provided by SPONSOR under this Agreement. Promptly
after termination of this Agreement, SPONSOR shall direct UNIVERSITY
regarding the delivery of such equipment. SPONSOR shall bear any expenses
associated with such delivery, provided that UNIVERSITY complies with the
written instructions of SPONSOR.
IV. RECORDS, CONSULTATION AND REPORTS
4.1 UNIVERSITY will use its best efforts to ensure that its employees prepare
and maintain records, including bound laboratory notebooks maintained in
accordance with standard scientific procedures, containing all appropriate
data reflecting the results of the Research Program. During the
performance of the Research Program, the Technical Representative shall
have reasonable access to consult informally with the Principal
Investigator regarding the research, both personally and by telephone.
UNIVERSITY agrees to furnish SPONSOR, upon request, with reasonable
amounts of any biological, chemical or physical materials determined to be
necessary during the course of the Research Program ("Program Materials").
The Principal Investigator shall deliver a written report to the Technical
Representative every four (4) months during the period of performance of
the Research Program. A final report setting forth the significant
research findings shall be prepared by the Principal Investigator and
submitted to the SPONSOR within ninety (90) days following the expiration
of the term of this Agreement or the effective date of early termination
as set forth in Article XI.
V. PUBLICATION AND COPYRIGHTS
5.1 UNIVERSITY and its investigators will be free to publicly disclose
(through journals, lectures, or otherwise) the results of the Research
Program, provided that UNIVERSITY shall have provided a copy of the
proposed publication to SPONSOR at least sixty (60) days prior to the
intended submission of any written publication or any other public
disclosure to allow SPONSOR to determine whether any patentable invention,
trade secret or Confidential Information (Confidential Information as
defined in the Confidential Disclosure Agreement set forth in Exhibit C)
would be disclosed.
If the proposed disclosure contains a trade secret or Confidential
Information, UNIVERSITY shall remove or cause the author to remove such
trade secret or Confidential Information prior to its submission for
publication or other public disclosure. If the proposed disclosure would
disclose a patentable or potentially patentable invention, UNIVERSITY
shall, at the request of SPONSOR, delay or cause the author to delay
submission of the work for publication or other public disclosure for up
to an additional sixty (60) days to enable UNIVERSITY or SPONSOR to file a
patent application.
5.2 Title to any copyrights or copyrightable material produced or composed in
the performance of the Research Program shall remain with UNIVERSITY;
provided however, that UNIVERSITY shall grant to SPONSOR an irrevocable,
royalty-free, nontransferable, non-exclusive right to reproduce, translate
and use all such copyrightable material; except that such right with
respect to computer software and its programming documentation is
applicable only to computer software and its programming documentation, if
any, that is specified to be developed and delivered under the Research
Program Scope of Work, Exhibit A. UNIVERSITY shall not assign or license
its rights under such copyrights or copyrightable material without the
prior written consent of SPONSOR.
VI. CONFIDENTIAL AND PROPRIETARY INFORMATION/MATERIALS
6.1 SPONSOR may wish, from time to time, in connection with work contemplated
under this Agreement, to disclose Confidential Information (including
trade secrets) to UNIVERSITY personnel. To protect the confidentiality of
such information, SPONSOR will request the Principal Investigator and
other research personnel to sign confidentiality agreements with SPONSOR,
in a form the same as or similar to Exhibit C hereto.
6.2 In addition, from time to time, SPONSOR may provide UNIVERSITY personnel
Program Materials for use in the Research Program; such Program Materials
shall be proprietary to SPONSOR if they were developed prior to or outside
the performance of this Agreement. SPONSOR may request the Principal
Investigator and other research personnel to execute materials transfer
with SPONSOR that set forth the proprietary nature of such Program
Materials and restrictions on their use and disclosure by UNIVERSITY.
VII. PUBLICITY
7.1 Neither party shall use the name of the other party or of any investigator
or research personnel in any advertising or promotional material without
the prior written approval of the other, except that SPONSOR shall have
the right to indentify UNIVERSITY and to disclose the terms of this
Agreement in any prospectus, offering memorandum, or other document or
filing required by applicable securities laws or other applicable law or
regulation. SPONSOR may, and UNIVERSITY shall, however, acknowledge
SPONSOR's support for the investigations being pursued under this
Agreement. In any such statements, the relationship of the parties shall
be accurately and appropriately described.
VIII. INVENTIONS AND PATENTS
8.1 (a) Sponsor Inventions. SPONSOR shall own all rights in any inventions
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discovered or conceived solely by its employees or consultants and
reduced to practice in the course of the Research Program without
significant use of UNIVERSITY facilities or equipment ("Sponsor
Inventions").
(b) University Inventions. UNIVERSITY shall own all rights in any
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inventions discovered or conceived solely by its employees in the
course of the Research Program ("University Inventions").
(c) Joint Inventions. SPONSOR and UNIVERSITY shall jointly own rights in
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any inventions discovered or conceived jointly by an employee or
consultant of SPONSOR and an employee of UNIVERSITY; further, SPONSOR
and UNIVERSITY shall jointly own rights in any inventions discovered
or conceived solely by SPONSOR's employees or consultants and reduced
to practice in the course of the Research Program with significant
use of UNIVERSITY facilities or equipment ("Joint Inventions").
For the purposes of this Section 8.1, the term "significant use" shall
have the meaning set forth in the Boston University Patent Policy, Charles
River Campus (as amended, 11/12/91), a copy of which is attached as
Exhibit D. The term "inventions" shall include all discoveries (whether or
not patentable) that are discovered, conceived, or reduced to practice in
the course of the Research Program funded by SPONSOR, including but not
limited to processes, methods, formulae, and techniques.
8.2 (a) UNIVERSITY shall make prompt written disclosure to SPONSOR of any
University Inventions or Joint Inventions conceived, realized,
developed,
or reduced to practice during the course of the Research Program.
Such written disclosure shall be provided no later than thirty (30)
days from the date of such conception, realization, development, or
reduction to practice.
(b) Upon such written disclosure, SPONSOR shall have the right, at
SPONSOR's request and expense, to have UNIVERSITY file the necessary
papers for obtaining patent protection in any and all countries of
the world which SPONSOR, in its sole judgment, determines are of
sufficient interest to merit such filing.
(c) Patent applications relating to a University Invention shall be
filed, prosecuted and maintained by UNIVERSITY in its name, using
patent counsel reasonably acceptable to SPONSOR.
(d) Patent applications relating to a Joint Invention shall be filed,
prosecuted and maintained by SPONSOR using patent counsel reasonably
acceptable to UNIVERSITY.
(e) Patent applications relating to a Sponsor Invention shall be filed,
prosecuted and maintained by SPONSOR using patent counsel reasonably
acceptable to UNIVERSITY.
(f) Regarding patent applications under 8.2(c), 8.2(d) and 8.2(e), both
parties shall have the right to review and comment upon applications
and correspondence with the Patent Office and shall be provided with
drafts thereof sufficiently in advance to reasonably allow for such
review and comment.
(g) UNIVERSITY agrees that it will cause to be signed by concerned
UNIVERSITY personnel all documents of assignment or other documents
necessary to obtain patent protection as set forth above, and that
UNIVERSITY will do whatever SPONSOR reasonably requests to obtain and
maintain such patent rights, at the expense of SPONSOR.
(h) If SPONSOR elects not to have a patent application filed in any
country with respect to a particular University Invention or Joint
Invention, SPONSOR shall advise UNIVERSITY of such fact at least
ninety (90) days prior to any deadline for making such election.
UNIVERSITY may then, at its own expense, file and prosecute such
patent application, and such patent application and any pat ...
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