14Agreements for carrying out research and development activities and marketing activities with other persons

#### 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.