What Are The Types Of Agreements

When working with external institutions, it is often advisable to provide a copy of a standard service agreement from the University of Arizona to avoid agreements that contain terms that the university cannot accept. Contact Contract Services for assistance with these agreements. When an employee leaves your company, you may want them to sign a non-compete agreement that prevents them from looking for a job with one of your competitors for a while. Some other types of employment contracts include: There are many types of contracts, including those specific to specific industries, such as engineering contracts and construction contracts. Some overlap with industries, but others do not. It would not be possible to list them all and would probably result in some of them being accidentally omitted. However, most contracts can be divided into categories of types: A clinical trial agreement is an agreement that allows the university to administer a drug or instrument to the university free of charge to follow a protocol provided by a sponsor. The sponsor can be either a for-profit entity, such as a pharmaceutical company, or a non-profit organization, such as the government. The university`s principal investigator records data from these studies, which are then made available to the sponsor. The Contractual Services are the signing authority for these agreements. Contract or subcontract: A contract or sub-award is an order for a prescribed or defined project with a certain period of time for a certain amount with defined services.

There are two types of contracts: reimbursement and fixed price. In a cost reimbursement contract, the Sponsor undertakes to pay all reimbursable expenses incurred by the University in connection with the completion of the work or research up to an agreed maximum amount. A fixed-price contract requires the lead auditor(s) to have a defined scope of work for a specified amount; That is, the sponsor pays the university a fixed amount to do a certain job, regardless of the actual cost. If the project costs exceed the contractually agreed amount, the lead auditor must agree with the department head, dean and/or research, discovery and innovation to cover the cost overrun. Examples of contracts include: Joint research and development agreements are the most comprehensive of agreements that must be negotiated and signed for research and development projects with industrial partners. You must clearly identify the project itself, provide all the necessary background information related to the project, and describe the roles and relationships between the parties to the project, including the contributions of the parties. Learn more. Employment contracts are probably among the most pervasive and familiar types of trade agreements out there. The objective is clear: to define the conditions under which employers and employees can agree on employment. Donations are a voluntary transfer of valuables from a person or organization where no significant amount of goods or services is expected. A donation is usually motivated by charitable intentions and is irrevocable.

Donations, sometimes referred to as charitable grants, share many characteristics with sponsored projects or agreements, including requirements for progress and financial reports or achievements, as well as a clear scope of work. Types of donations include: The federal government uses three main types of rewards: Sponsored agreements/projects are agreements on funds received from federal, state or other government agencies or private organizations provided on a contractual or grant basis. Funds must be used for specific purposes. Non-disclosure agreements, also known as confidentiality agreements, are contracts in which the parties agree not to disclose the secret information they disclose and not to use that information without authorization […].