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RESEARCH AGREEMENT RESEARCH AGREEMENT The research foundation of state university of NEW YORK and SPONSOR . Account ____________________ Made by and between the research foundation of state university OF NEW YORK, a nonprofit, educational corporation organized and existing under the laws of the State of New York, with its principal offices located at 35 State Street, Albany, New York 12207 (mailing address: Post Office Box 9, Albany, New York 12201 0009), hereinafter referred to as the “FOUNDATION,” acting on behalf of the State University of New York at ______________, hereinafter referred to as “UNIVERSITY,” and ________________, a corporation organized and existing under the laws of the State of __________________ , with its principal office located at _______________________, hereinafter referred to as “SPONSOR.” WITNESSETH: WHEREAS, SPONSOR and FOUNDATION have a mutual interest in promoting research related to _______________, hereinafter referred to as the “FIELD?!?and WHEREAS, ________________________________ of the State University of New York at _______________has developed expertise relating to the FIELD。 and WHEREAS, SPONSOR has approved funding to support a research project entitled “___________________________________,” hereinafter referred to as the “PROJECT” which will be carried out by _________________________。 NOW, THEREFORE in consideration of the premises and the mutual covenants hereinafter contained, the parties agree as follows: of Work The FOUNDATION agrees to use its best efforts to conduct and carry out the PROJECT described in the SCOPE OF WORK, Exhibit A, which is attached to and made an integral part of this Research Agreement. During the term of this Research Agreement, FOUNDATION shall provide written reports to SPONSOR as specified in Exhibit A. [Fixed Price] a) In consideration of research services to be performed pursuant to this Research Agreement, SPONSOR shall make fixed payments in the total amount of FEE DOLLARS.This amount shall be paid to FOUNDATION upon submission of invoices according to the following schedule: __________ on execution of this Research Agreement __________ b)An interest penalty of % per month will be added to the total invoice amount of payment if not received within fortyfive (45) days of the invoice date.