ࡱ> SUR  bjbjyy ;>__ 2VV8$ -p-r-r-r-r-r-r-$/2--4-^p-p-)h+PҴG7@*\--0-P*O37O3 ++8O3L+--B-O3V a: Proprietary and Confidential University of Akron Research Foundation Company Term Sheet Date This term sheet sets forth our mutual present intentions regarding the proposed transactions described below. It is not intended to create any binding obligations on the part of University of Akron Research Foundation ("UARF"), Ʒ of Akron (UA) or Company Name (Company) except as expressly set forth herein. No such obligations shall arise unless and until definitive agreements setting forth such terms and additional understandings as may be developed in additional negotiations shall have been prepared, executed and delivered by the parties. BackgroundƷ of Akron, Ʒ of Akron Research Foundation, and Company desire to work together to fill in description here. This may be completed by inventor and/or Company. Pursuant to law and agreements among UARF, UA and UA Inventors, all intellectual property rights in and related to any UA inventions are controlled by UARF.Purpose The purpose of this term sheet is to set forth the general terms to be included in a set of definitive agreements ("Definitive Agreements") to effect commercialization support for the entrepreneurial activity. University Technology and Faculty ConnectionUA/UARF has some valuable intellectual property and know-how in the field of description to be filled in by inventor/subject matter expert. University Intellectual Property To be filled in by inventor and Tech Transfer Office.Companys Field Companys activities will be focused on the further development and commercialization of fill in description here (the Field). Company Description To be filled in by company  Technology Commercialization Plan To be filled in by company Sponsored Research at the University of AkronIf applicableTermsUA/UARF has some valuable intellectual property and know-how in this field. Company proposes to compensate UA/UARF through monetary terms such as a $ value, X% equity stake and/or Y% royalty on sales of goods produced in this field.Confidentiality The existence and terms of this term sheet shall be kept by both parties in confidence.Expenses Each party will bear its own expenses in connection with the negotiation and consummation of the above transactions.Binding Provisions Except for the paragraphs titled: Confidentiality and Expenses and this paragraph, no binding contractual rights are intended to arise from this Term Sheet University of Akron Research Foundation, an Ohio corporation not for profitCompany By: _______________________________ Name: _______________________________ Title: _______________________________ Date: _______________________________  By: _______________________________ Name: _______________________________ Title: _______________________________ Date: _______________________________ THIS TERM SHEET DOES NOT COVER OR PREJUDGE NUMEROUS ISSUES TO BE DEALT WITH BY FURTHER NEGOTIATIONS AND DOCUMENTS. 647654v2     Tuesday, March 06, 2012  PAGE 1 FGNOY[_h t u w ~  ( ) [ \ i   ^ ȺȞȮȮȚȦȞȚȅȀ|rh8h856h8 h85hTq h856hHh<56h<h^%hy5h|ohBh_ nhiqhHhHhH56hQhyhr$)hS35CJ\aJhHhH56CJ\aJh_ n5CJ\aJhy5CJ\aJ,Z[`a \ $x$1$7$8$H$Ifa$gd!jW$x$1$7$8$H$Ifa$gd^%1$7$8$H$ $1$7$8$H$a$ $1$7$8$H$a$   ppZ$xx$1$7$8$H$Ifa$gd!jW$x$1$7$8$H$Ifa$gd^%zkd$$Ifl0 D%r >0%644 laytiq  s]$xx$1$7$8$H$Ifa$gd8x$1$7$8$H$Ifgd8zkd$$Ifl0 D%r >0%644 laytiq pZ$xx$1$7$8$H$Ifa$gdH$x$1$7$8$H$Ifa$gd8zkd $$Ifl0 D%r >0%644 laytiq WXkop}~ !ÿطୣ؇}ୣvqid h_5hHh\#d5 h\#d5 h56 h5 hk5hiqhHh\#d56 h\#d56 h56hHh<56hHhk56h\#dh;/hFuh< hH56hHhH56hyh_ nh^%hy5 h_ n5h8h856 h85h8' ppZZ$xx$1$7$8$H$Ifa$gdH$x$1$7$8$H$Ifa$gd^%zkd$$Ifl0 D%r >0%644 laytiqs_MMMMM$$1$7$8$H$Ifa$gdk$x$1$7$8$H$Ifa$gd^%x$1$7$8$H$Ifgd zkd@$$Ifl0 D%r >0%644 laytiqrp_IIII$xx$1$7$8$H$Ifa$gd!jWx$1$7$8$H$Ifgd zkd$$Ifl0 D%r >0%644 laytiq$$1$7$8$H$Ifa$gdk)7s]$xx$1$7$8$H$Ifa$gd_x$1$7$8$H$Ifgd\#dzkd`$$Ifl0 D%r >0%644 laytiq!#$()+678=>)+<')L[ !j¾ᴪӞӞ򓏓Ӌӄ}v}rnfh8CJaJh fhiq hH5\ hy5\ h_5\hnOhv hTqhTqhTqh^%hTq5h<hHhS356hHhiq56h3 hHh^%h<5 h<5hyhHhy56hHhH56 hr$)56h^%hy5 h_5'78>*pp$x$1$7$8$H$Ifa$gd^%zkd$$Ifl0 D%r >0%644 laytiq*+;<ppp$x$1$7$8$H$Ifa$gd^%zkd$$Ifl0 D%r >0%644 laytiqppp$x$1$7$8$H$Ifa$gd^%zkd$$Ifl0 D%r >0%644 laytiq()ppZ$xx$1$7$8$H$Ifa$gd!jW$x$1$7$8$H$Ifa$gd^%zkd$$Ifl0 D%r >0%644 laytiq!vvjj $1$7$8$H$If $1$7$8$H$a$gdnOzkd0$$Ifl0 D%r >0%644 laytiq!"#LMst~~~~~~~~~oo$$1$7$8$H$Ifa$ $1$7$8$H$Ifukd$$Ifl0;(%hh0644 la >?ghij~vvh $1$7$8$H$a$gdiq1$7$8$H$ukd=$$Ifl0;(%hh0644 la $1$7$8$H$If   $a$$a$gdr$)h1$7$8$H$^h`gd fh1$7$8$H$^hgd f   ùêâhBCJaJh"!0JCJaJmHnHuhB0JCJaJjhB0JCJUaJhB hr$)hB hr$)6h jh UhCJaJh fh fCJaJ90P&P/ =!"#Q$% Dp$$If!vh#vr #v>:V l0%65r 5>/ ytiq$$If!vh#vr #v>:V l0%65r 5>/ ytiq$$If!vh#vr #v>:V l0%65r 5>/ ytiq$$If!vh#vr #v>:V l0%65r 5>/ ytiq$$If!vh#vr #v>:V l0%65r 5>/ ytiq$$If!vh#vr #v>:V l0%65r 5>/ ytiq$$If!vh#vr #v>:V l0%65r 5>/ ytiq$$If!vh#vr #v>:V l0%65r 5>/ ytiq$$If!vh#vr #v>:V l0%65r 5>/ ytiq$$If!vh#vr #v>:V l0%65r 5>/ ytiq$$If!vh#vr #v>:V l0%65r 5>/ ytiq$$If!vh#vr #v>:V l0%65r 5>/ ytiq{$$If!vh#v#v:V l065h/ {$$If!vh#v#v:V l065h/ w2 0@P`p2( 0@P`p 0@P`p 0@P`p 0@P`p 0@P`p 0@P`p8XV~ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@ 0@6666_HmH nH sH tH @`@ NormalCJ_H aJmH sH tH DA D Default Paragraph FontRi@R  Table Normal4 l4a (k (No List 4@4 Header  !4 @4 Footer  !:)`:  Page Number OJQJ^J>"> a Footnote TextCJaJ@& 1@ aFootnote ReferenceH*PK![Content_Types].xmlN0EH-J@%ǎǢ|ș$زULTB l,3;rØJB+$G]7O٭VGRU1a$N% ʣꂣKЛjVkUDRKQj/dR*SxMPsʧJ5$4vq^WCʽ D{>̳`3REB=꽻Ut Qy@֐\.X7<:+& 0h @>nƭBVqu ѡ{5kP?O&Cנ Aw0kPo۵(h[5($=CVs]mY2zw`nKDC]j%KXK 'P@$I=Y%C%gx'$!V(ekڤք'Qt!x7xbJ7 o߼W_y|nʒ;Fido/_1z/L?>o_;9:33`=—S,FĔ觑@)R8elmEv|!ո/,Ә%qh|'1:`ij.̳u'k CZ^WcK0'E8S߱sˮdΙ`K}A"NșM1I/AeހQתGF@A~eh-QR9C 5 ~d"9 0exp<^!͸~J7䒜t L䈝c\)Ic8E&]Sf~@Aw?'r3Ȱ&2@7k}̬naWJ}N1XGVh`L%Z`=`VKb*X=z%"sI<&n| .qc:?7/N<Z*`]u-]e|aѸ¾|mH{m3CԚ .ÕnAr)[;-ݑ$$`:Ʊ>NVl%kv:Ns _OuCX=mO4m's߸d|0n;pt2e}:zOrgI( 'B='8\L`"Ǚ 4F+8JI$rՑVLvVxNN";fVYx-,JfV<+k>hP!aLfh:HHX WQXt,:JU{,Z BpB)sֻڙӇiE4(=U\.O. +x"aMB[F7x"ytѫиK-zz>F>75eo5C9Z%c7ܼ%6M2ˊ 9B" N "1(IzZ~>Yr]H+9pd\4n(Kg\V$=]B,lוDA=eX)Ly5ot e㈮bW3gp : j$/g*QjZTa!e9#i5*j5ö fE`514g{7vnO(^ ,j~V9;kvv"adV݊oTAn7jah+y^@ARhW.GMuO "/e5[s󿬅`Z'WfPt~f}kA'0z|>ܙ|Uw{@՘tAm'`4T֠2j ۣhvWwA9 ZNU+Awvhv36V`^PK! ѐ'theme/theme/_rels/themeManager.xml.relsM 0wooӺ&݈Э5 6?$Q ,.aic21h:qm@RN;d`o7gK(M&$R(.1r'JЊT8V"AȻHu}|$b{P8g/]QAsم(#L[PK-![Content_Types].xmlPK-!֧6 0_rels/.relsPK-!kytheme/theme/themeManager.xmlPK-!g theme/theme/theme1.xmlPK-! ѐ' theme/theme/_rels/themeManager.xml.relsPK]  ,> %%1114 !  7*! %,.4!@ @H 0(  0(  B S  ?@Z    GN[_ahu()[Wopp~(()68> )  j   GN[_hu()[Wopp~(()6>   3 ,B;[T@#L!QbHNm>6NRz^`OJQJ^Jo(. ^`OJQJ^J. pLp^p`LOJQJ^J. @ @ ^@ `OJQJ^J. ^`OJQJ^J. 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