Document ID: chunk:federal_register_of_legislation:C2025C00027:section:14
Version: federal_register_of_legislation:C2025C00027
Segment Type: section
Provision Reference: s 14
Character Range: 21686–22577

14  Agreements for carrying out research and development activities and marketing activities with other persons
 (1) Without limiting the generality of subsection 12(1), an R&D Corporation may enter into an agreement (including a joint venture agreement or a partnership agreement) with a person for either or both of the following to be carried out by the Corporation and the person:
 (a) research and development activities;
 (b) marketing activities as mentioned in paragraph 11(ea) or (eb).
 (2) Without limiting the matters that may be included in the agreement, the agreement is to specify:
 (a) the objectives of the activities; and
 (b) the expected duration of the activities; and
 (c) the nature and extent of the contribution to be made by the Corporation towards the activities; and
 (d) the basis for the distribution of profits and other benefits derived from the activities.