FUNDING AGREEMENT BY AND BETWEEN THE OHIO STATE UNIVERSITY
AND

This Agreement is entered into by and between The Ohio State University (“OSU”) and _____________ (“_____”).

WHEREAS, the Parties wish to collaborate to: [fill in] (“Event”); and

NOW THEREFORE, in consideration of the mutual covenants and promises set forth herein and for other good and valuable consideration, receipt and sufficiency of which is hereby acknowledged, the Parties agree as follows:

ARTICLE I: USE OF FUNDS

1. 	_________ University will utilize the Funds for the following purposes:
o	
o	

ARTICLE II: TERM OF THE MOU

The period of performance for the Agreement is [__________, 2025] through [_____________, 2025], or until the Agreement is terminated pursuant to the terms contained herein, whichever event occurs first.

ARTICLE III: COMPENSATION
1.  ________ agrees to disburse to ____, a total amount of [insert dollar amount ($XXXX.XX) on a reimbursement basis, [insert payment terms]. 

2.  It is mutually agreed and understood that the total amount to be disbursed by to Duke under this Agreement shall in no event exceed [XXXXXX] ($XXXX). 

ARTICLE IV: TERMINATION

This Agreement may be terminated only as permitted in the attached Exhibit A. 

ARTICLE V: GOVERNING LAW
This MOU shall be construed under and in accordance with the laws of the State of Ohio. 

IN WITNESS WHEREOF, the parties have executed this Agreement on the day and year set aside by their respective signatures.

THE OHIO STATE UNIVERSITY

By:	 	
Title	Date

By:	 	
	Date