RES SOLUTION N TO AUTH HORIZE CE ERTAIN UN NIVERSITY Y OFFIC CIALS TO EXECUTE E CONTRAC CTS EAS, the Board of Trusttees is empo owered to dirrect and conntrol the expenditure of ffunds WHERE and enter into contracts c an nd agreemen nts deemed nnecessary or important to carry ouut the goalls of the University; WHERE EAS, the Board of Trusteees deems itt advisable too authorize ccertain Univversity officials to execcute grant an nd contract documents with State aand Federal agencies, aas well as prrivate entitties and indiv viduals; NOW TH HEREFOR RE, BE IT RESOLVED R D, that any oone of the foollowing Unniversity offiicials: the President, P th he Provost and a Senior Executive E V Vice Presidennt, the Senioor Vice Pressident for Administrati A ion and Treaasurer, the Senior S Vice President fo for Technoloogy and Bussiness Development, th he Vice Prov vost for Ressearch and thhe General C Counsel andd Secretary tto the Boarrd, are autho orized to exeecute, on beh half of the U University, suuch grants annd contractss with agen ncies of the federal f and state s governm ment, includding the Statte of New Jersey, any prrivate or public p for-p profit or no on-profit corrporations, or other buusiness entiities, as weell as indiv viduals, upon such termss as the Univ versity offic ial in the exercise of hiss or her discrretion and within the scope s of his or her exprress delegatiion, may deeem necessarry, appropriaate or beneeficial to Neew Jersey In nstitute of Technology, T for the furnnishing of seervices, reseearch, train ning and insttruction, or related to th he protectionn, transfer annd/or licensiing of Univeersity intelllectual prop perty, provid ded however,, that such auuthorizationn remains witthin the spennding and policy limittations granted by authority of the Board of T Trustees, thrrough its byylaws, resolutions, or other o authoritty. _____________________________ Holly C. Steern, Esq. General Couunsel and Secretary too the Board oof Trustees New Jerseyy Institute off Technologyy 2 July 24, 2014 Board Reesolution 2015-6