The University`s Contracting Officer must be contacted regarding all administrative aspects of this Agreement, including but not limited to changes, and is authorized to negotiate agreements and changes on behalf of the University. B. TERM: This Agreement is effective on [DATE] (the ”Effective Date”) and ends on [DATE], unless terminated early as provided herein or renewed by written agreement of the parties (the ”Term”). Price guarantee This clause ensures that your company sets the price when you have leverage, i.e. before the start of the engagement. A required service is always worth more than a service that has been provided. If there is no FPA or change order signed by the client, no work will be done – period! This will convey the ”no surprises” and culture of your company, which customers will greatly appreciate, offering excellent competitive differentiation and another premium pricing opportunity. Payment terms The example of FPA shows 12 monthly payments, but this clause can be interpreted for quarterly payments, semi-annual payments or with a deposit after signing the FPA. For personal tax returns, many businesses require payment in advance or at the latest upon delivery. A value-added idea for business customers is to offer the customer the ability to structure payment terms based on their cyclical cash flow, rather than the company`s workflow (who knows this cycle better than their accountant?). Since the customer has concluded these conditions, the resistance to payment is canceled. Contract Agent Sponsored Programs Office Boise State University 1910 University Drive Boise, ID 83725-1135 Email: sponsoredagreements@boisestate.edu Phone: (208) 426-4420 Fax: (208) 426-1048 Here is an example of a ”service contract” for work to be performed by Boise State University.
This example contains conditions very similar to those that Boise State University would propose as part of a ”sponsored research agreement”. The components of the fixed-price agreement model are explained below. (c) The Sponsor has the first right to negotiate a royalty or royalty-based, non-exclusive or exclusive royalty-based option for any university intellectual property and/or joint intellectual property, provided that the Sponsor agrees that the Sponsor may, in any similar license, option or agreement, all preparation costs, the filing, prosecution and maintenance of patents or related copyrights; must own the intellectual property (”right to negotiate”). The Sponsor will have ninety (90) days after the disclosure of the Intellectual Property by the University to exercise its right to negotiate (”Negotiation Period”). The sponsor must send written notice to the university during the bargaining period in order to exercise their right to negotiate. If the negotiation period expires before the University receives written notice from the Sponsor of the exercise of the right to negotiate or as specified below, the Sponsor will no longer have any intellectual property or common intellectual property rights of the University (except as permitted under Section G(2)(a) above). An example of a formulation to be used in a fixed-price agreement with explanations. (2) Entire Agreement, Amendments and Amendments: This Agreement constitutes the entire agreement between the parties and supersedes all prior contracts, understandings or agreements of the parties, whether oral or written, with respect to the subject matter of this Agreement, unless set forth in Annex B, List of Related Agreements, the Annex to which is attached and incorporated herein by this reference, is noted. Any amendment to this Agreement shall only be effective if signed in writing by the authorized representatives of the Parties.
The words you should use The word price is a better word than fresh because it doesn`t evoke negative feelings, just like bill instead of bill. The word agreement is preferable to the word contract, which conjures up images of litigation, lack of trust, courts and lawsuits, while the agreement has a much more positive connotation for the customer. The word allow is preferable for the same reasons and gives control to the customer. This ”exhibition” refers to the third part of the series of articles ”Pricing on purpose: how to implement value pricing in your company” by Ronald J. Baker. (3) Each Party shall require its employees to immediately disclose all intellectual property rights arising from this Agreement. .
