Both the LRJSP and the LCTI establish specific contents that must be included in the provisions of an agreement. These contents vary according to the type of activity to be developed and include the following:

• parties entering into the agreement, legal capacity of the parties and jurisdiction;

• expository section, explaining the circumstances of the activity to be developed, justifying its necessity and detailing the strengths, capacities and resources available to each party; including an outline of the common interest or purpose pursued by the parties in carrying out the activities that are the subject of the agreement;

• subject of the agreement and actions to be carried out by each party;

• commitments and obligations of the parties, including the details of the material and human resources that the parties intend to provide and, where appropriate, their economic value, indicating that they are contributions in kind and do not require budgetary appropriations; 

• financial commitments and obligations assumed by each party, where applicable, indicating their distribution over time by annual instalments and their specific allocation, in accordance with the provisions on the budgetary legislation, in this case, of the Universitat de València;

• scientific researchers who will act as the spokespersons for each party;

• confidentiality clause, as required for certain agreements, such as those for the development of R+D+I projects, and which applies to all signatory parties;

• policy for the distribution and protection of the research rights and results, where necessary, that regulates, on the one hand, the use of prior knowledge both during the development of the project and following the termination of the agreement, if such knowledge is necessary for the exploitation of the results and, on the other hand, specifies to whom the ownership of the results obtained belongs, the possibility of shared ownership and access to the results during the execution of the project and their subsequent exploitation; regarding the UV, any transfer of rights to these results to a third party must be compensated at a rate equivalent to their market value;

• monitoring, surveillance and control mechanisms, which are typically the responsibility of Monitoring Commissions, which are tasked with resolving any issues of interpretation and compliance that may arise;

• amendment policy, generally requiring unanimous agreement of all parties;

• term, which will be for a period of 5 years (subject to specific exceptions), with the possibility of a single extension for a further 5 years, requested before expiry;

• termination and effects of termination by expiry of the term, unanimous agreement of the party, judicial decision or by breach or non-performance of the obligations assumed by the parties, in which case, the Monitoring Commission may require the defaulting party to comply with these obligations within a specific period or, alternatively, be forced to pay a possible indemnity;

• liquidation of the agreement, in which there is an obligation of reimbursement or payment, in the event of financial commitment and depending on the circumstances; if, once the agreement has been terminated, there are actions pending, the parties may agree that they are to continue, so that they may be executed before a non-extendable deadline; compliance and termination will result in liquidation;

• publication of the agreement in the corresponding registry, for agreements signed with public authorities to enter into effect;

• occupational risk prevention and data protection and/or regulations on access to information and transparency, when deemed necessary for the activity’s execution;

• annexes, for agreements to develop a specific project, detailing the particularities and technical description of the R+D activities, including its objectives, methodology, work plan and milestones, deliverables and the work team; associated budget, when considered appropriate, that will serve as the financial report and could be linked to the activities or