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After the Ink has Dried

How Partnerships can end up like Zombies
               Sean Flanigan, RTTP
              Assistant Director TTBE
               University of Ottawa
                October 26, 2011
WARNING
This presentation contains material of
a graphic and disturbing nature which
 may be unsuitable for all audiences.
     Contracting party discretion
          is strongly advised.
Hypothesis
Failed partnerships are something that one must
avoid to thrive and survive.

Zombies are something that one must avoid to
thrive and survive.

Therefore, failed partnerships are like zombies.
Some Underlying Definitions
Partnership: Two or more persons engaged in a
common purpose with a view to profit

Zombie: the body of a dead person given the
semblance of life, but mute and will-less, by a
supernatural force, usually for some evil
purpose.
All Partnerships are Susceptible
Sponsored Research Agreements
Collaborations amongst institutions
Commercialization agreements
Licensing agreements
Shareholders’ Agreements
Spin Out
Partnerships Start Off Well
• Mutual NDA
• Productive Negotiations
• Give & Take
• Pragmatic
• Collaborative
• “Let’s Get the Project Going”
…just like your average person

                                  Like Jim Carry
…and then
“something” happens to “infect” the
relationship




  ...often it doesn’t look too bad…at first
Two Strains of Infection
• Company Lead                             • PI Lead
   –   Unrealistic expectations                 –   Unrealistic Expectations
   –   Taking too long                          –   Disenchantment
   –   Loss of champion                         –   Moving too fast
   –   Financial change                         –   Direction
   –   Bankruptcy                               –   Disclosure
   –   IP concerns                              –   “Academic freedom”
   –   Acquisition                              –   Sabbatical


As with anything communication is at the heart of the problem (and the solution)
What happens when it all goes bad?
  – People get defensive
     • “We won’t pay unless we get what we want”
  – Recollections of events change
     • “What we really meant was…”
  – Communications are often disrupted
     • “We have to review and will get back to you”
  – Resolutions are often sacrificed to positioning
     • “They are just trying to steal my life’s work”
  – You may have to renegotiate, recalculate or
    terminate….but you don’t want to litigate!
  Sometimes, despite having the best
  intentions, some partnerships cannot survive
Can you Survive these Pitfalls?
• Be aware of differing expectations at the outset;
• Reach out, communicate early, and often;
• Always follow up with the researcher AND
  partner;
• Integrate regular meetings into agreements ;
• Notes, have them in the file;
• Search for the next opportunity early, and
• !Keep up your end of the bargain
While in a Zombie Apocalypse…
  – People get defensive
     (See Zombie Survival Guide)
  – Recollections of events change
     • “I thought YOU checked in the basement!”
  – Communications are often disrupted
     • Rogers has no contingency plan for this on their website
  – Resolutions are often sacrificed to positioning
     • “If we go for help, we will all certainly die”
  – You will have to terminate….because you don’t want
    to reanimate!
  Sometimes, despite having the best
  intentions, some people won’t survive
You Can Survive Zombies?
• Be Prepared
• Have a plan
Source: CDC http://emergency.cdc.gov/socialmedia/zombies_blog.asp
• Double tap
• No attachments
• Cardio
• Blend in
• Always check the back seat
• When in doubt, know your way out (applies to contracts
  too)
• No place is safe, only safer
Source: Zombie Survival Guide
To Summarize
Just Remember
 What you once thought was pretty great…




May some day come back and bite you in the ass
Thank you,

and Good Luck

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Why Partnerships Can End up as Zombies

  • 1. After the Ink has Dried How Partnerships can end up like Zombies Sean Flanigan, RTTP Assistant Director TTBE University of Ottawa October 26, 2011
  • 2. WARNING This presentation contains material of a graphic and disturbing nature which may be unsuitable for all audiences. Contracting party discretion is strongly advised.
  • 3. Hypothesis Failed partnerships are something that one must avoid to thrive and survive. Zombies are something that one must avoid to thrive and survive. Therefore, failed partnerships are like zombies.
  • 4. Some Underlying Definitions Partnership: Two or more persons engaged in a common purpose with a view to profit Zombie: the body of a dead person given the semblance of life, but mute and will-less, by a supernatural force, usually for some evil purpose.
  • 5. All Partnerships are Susceptible Sponsored Research Agreements Collaborations amongst institutions Commercialization agreements Licensing agreements Shareholders’ Agreements Spin Out
  • 6. Partnerships Start Off Well • Mutual NDA • Productive Negotiations • Give & Take • Pragmatic • Collaborative • “Let’s Get the Project Going” …just like your average person Like Jim Carry
  • 7. …and then “something” happens to “infect” the relationship ...often it doesn’t look too bad…at first
  • 8. Two Strains of Infection • Company Lead • PI Lead – Unrealistic expectations – Unrealistic Expectations – Taking too long – Disenchantment – Loss of champion – Moving too fast – Financial change – Direction – Bankruptcy – Disclosure – IP concerns – “Academic freedom” – Acquisition – Sabbatical As with anything communication is at the heart of the problem (and the solution)
  • 9. What happens when it all goes bad? – People get defensive • “We won’t pay unless we get what we want” – Recollections of events change • “What we really meant was…” – Communications are often disrupted • “We have to review and will get back to you” – Resolutions are often sacrificed to positioning • “They are just trying to steal my life’s work” – You may have to renegotiate, recalculate or terminate….but you don’t want to litigate! Sometimes, despite having the best intentions, some partnerships cannot survive
  • 10. Can you Survive these Pitfalls? • Be aware of differing expectations at the outset; • Reach out, communicate early, and often; • Always follow up with the researcher AND partner; • Integrate regular meetings into agreements ; • Notes, have them in the file; • Search for the next opportunity early, and • !Keep up your end of the bargain
  • 11. While in a Zombie Apocalypse… – People get defensive (See Zombie Survival Guide) – Recollections of events change • “I thought YOU checked in the basement!” – Communications are often disrupted • Rogers has no contingency plan for this on their website – Resolutions are often sacrificed to positioning • “If we go for help, we will all certainly die” – You will have to terminate….because you don’t want to reanimate! Sometimes, despite having the best intentions, some people won’t survive
  • 12. You Can Survive Zombies? • Be Prepared • Have a plan Source: CDC http://emergency.cdc.gov/socialmedia/zombies_blog.asp • Double tap • No attachments • Cardio • Blend in • Always check the back seat • When in doubt, know your way out (applies to contracts too) • No place is safe, only safer Source: Zombie Survival Guide
  • 14. Just Remember What you once thought was pretty great… May some day come back and bite you in the ass