Non-Disclosure Agreement (NDA)
A non-disclosure agreement should be executed between the University and Sponsor when there will be an exchange of information that is either proprietary, confidential, or there is the possibility of a patent.
The NDA is a simple, binding agreement that states the rights and responsibilities of the parties exchanging information.
A material transfer agreement should be executed when the parties to the agreement are exchanging physical materials, biological samples, proprietary computer data or software.
The MTA is a binding agreement that defines intellectual property rights and ownership of the material being exchanged. The MTA also serves to notify University Compliance offices of any regulatory standards that may need to be implemented.