These agreements are available as starting points for negotiations with research sponsors, potential licensees, and others as the agreements will suggest by their nature. Faculty members are welcomed to use these documents as starting points; however, all contracts must be processed through the appropriate office at each UT institution.
A letter of agreement is an important document in a business relationship, but with so many types of agreements, it can be difficult to know what each one needs to include. Using an agreement template makes the task much easier. That way you can focus your time and energy on more important aspects of your business transaction.