This shall act as our understanding in which you agree to

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Agreement
Between Developer of an Entirely Online Course
and Stevens Institute of Technology
Whereas Stevens Institute of Technology (hereinafter the
“Institute”) wishes to foster the creation of the best possible
courses to be delivered to students entirely via a computer
network;
Developer shall receive the entire compensation for
developing the Course upon satisfactory completion of the
Course on or about
Date
Whereas, the Institute wishes to foster the dissemination of new
knowledge while maintaining high academic standards;
Whereas, the Institute wishes to provide incentives for its faculty
and students to participate in the creation and use of such
entirely online courses; and
once a complete digital version of the Course is mounted
successfully on the courseware applications to be used by
Developer, the Instructor, and online students.
5.
Licensing. In the event a license is granted to a third
party for the reproduction, distribution and/or use of
the Course, Developer shall receive thirty-three and
one-third percent (33-1/3%) of any Net Royalties
received by the Institute. “Net Royalties” means
revenues in excess of compensation paid to Developer
for developing the Course.
6.
Other Employee Instructors. In the event that
Developer teaches the first offering of the Course and
a third party is employed by the Institute to teach
subsequent offerings of the Course, Developer shall
receive three percent (3%) of the Net Tuition Revenue
received by the Institute. “Net Tuition Revenue”
means actual dollar tuition revenue received, less any
discounts, royalties or other monies paid to third
parties.
7.
Institute’s Obligations. The Institute shall provide
appropriate technical and other infrastructure for the
Course in order to deliver it to students over the
Internet. The Institute shall have no further obligations
to Developer with respect to the Course.
8.
Course Development. In developing the Course,
Developer shall conform to the academic and
pedagogical standards as specified by Developer’s
Program Director. In addition:
Whereas, the Institute wishes to promote the ability to access,
acquire and store information and to help students and faculty
use such information in accordance with copyright law;
Now therefore, it is agreed by and between
…ALLEN GINSBERG…
(hereinafter the “Developer”) and the Institute:
1.
Course. In accordance with the provisions of the
Copyright Policy of the Institute, this special
agreement is being entered into with respect to an
Entirely Online Course (hereinafter “Course”) entitled
Financial Analysis for Technological
…………….Organizations………….
Course
Number
2.
…..EMT624WS……..
Copyright. Under the terms of this special agreement,
Developer assigns to the Institute all right, title and
interest in the copyrightable work, referred to herein as
the Course and any derivative work (as defined below)
and will assist the Institute in obtaining and enforcing
copyright rights. As used herein, a derivative work
means a work comprising a substantial amount, i.e., at
least seventy-five percent (75%) of the Course’s
expression.
Developer shall retain the right to use all or part the
material, other than as an Entirely Online Course, in
conventional instruction or scholarly publication or
presentation.
3.
Copyright Notice. Developer shall display a
copyright notice on the first and each subsequent page
of the course. Such notice shall take the following
form:
©2008 Stevens Institute of Technology
4.
Compensation. In consideration of Developer’s
efforts in developing the Course, the Institute will pay
Developer the sum of
$…………………………..7,000………………….……….
AUGUST 31,………………...2008
(a) Developer shall provide Institute with appropriate
information in a timely manner as requested by
Institute with regard to requirements for students,
including textbooks, if any, and other information,
including the Course syllabus, to announce and
promote the Course effectively.
(b) At least four (4) weeks prior to the start of the Course,
Developer shall deliver digitally prepared materials to
be mounted on the courseware used by the Institute.
Developer agrees either to mount digital material on
courseware or request that the Institute provide
Developer with technical assistance for that purpose.
These materials shall be prepared in a manner
appropriate for effective online pedagogical
presentation and in accordance with the Institute’s and
the courseware’s technical specifications.
(c) Developer shall divide course materials into thirteen
(13) modules or other reasonable modules in order to
deliver the course in thirteen (13) online classes over
thirteen (13) weeks. Course materials shall consist of
(i) syllabus; (ii) lecture notes; (iii) course and module
objectives; (iv) student assignments; (v) questions,
problems, and other elements designed to stimulate
online student communication and collaboration; (vi)
readings, bibliographies, website hyperlinks, among
other resources; (vii) and any other text-based or
graphical materials, such as PowerPoint slide
presentations, web conferences, animations, video and
sound presentations, and any other elements suitable to
facilitate teaching and learning online at the graduate
level.
(d) Developer shall provide the Institute with his or her
CV, brief biographical sketch, digital photographic
portrait, e-mail address, URL to link to Developer’s
website, if any, and any other professional information
Institute may request from time to time in connection
with providing students with appropriate information
about Developer.
9.
Warranties. Developer warrants that the materials
covered by this agreement are his or her own
independent, creative effort and do not infringe on the
copyright of others. Developer agrees not to
incorporate any copyrighted materials in the Course
without first gaining permission for such use from
copyright holders.
10. Cancellation. The Institute reserves the exclusive
right to cancel this agreement at any time with no prior
notice. If this should occur, the Institute’s obligation
will be to pay Developer on a pro-rata basis for
preparation of completed modules delivered to the
Institute.
ACCEPTED AND AGREED TO
BY THE PARTIES HERETO:
The Trustees of the Stevens Institute of Technology
By…………………………………………………………….
Dated…………………………………….…………………2008
Developer
By……………………………………………………….……
Dated……………….………………………….…………..2008
Home Address………………………………………………
………………………………………………………………
…………………………………………………………….......
Social Security No.…………………………………………
Kindly sign two copies and return to:
Robert Zotti
Director, Online Learning
Stevens Institute of Technology
Howe Center, 12th Floor
Castle Point on Hudson
Hoboken, NJ 07030
Tel: (201) 216-5231
Fax: (201) 216-5090
e-Mail: webcampus@stevens-tech.edu
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