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Department Name

Office Of General Counsel

III. Application of Policy

To be binding upon the University, contracts must be approved and executed by individuals authorized to do so by the University. To constitute a "contract" under this Policy, there must be a meeting of the minds at least two (2) or more parties (one of which must be the University or one of its affiliated organizations, i.e., Foundation, Alumni Association) regarding the agreement's essential terms and which commits the University's funds, personnel, equipment, property or facilities. A contract or agreement can exist in many forms, such as:

  • Amendments, Addendum or Renewal of existing agreements;
  • Memorandum of understanding/agreement;
  • Release and/or waiver;
  • Agreements to volunteer services;
  • Grants, awards from governmental or non-governmental institutions;
  • Articulation agreements;
  • Employment contracts;
  • Licenses;
  • Assignments;
  • Non-disclosure agreements;
  • International agreements;
  • Leases;
  • Other written or electronic document that commits the use of funds, personnel, facilities, equipment, property, or other resources of the University.