Parties
Identify the legal names, contact information, and role of each party, including institutional department and the fellow as individual or entity.
A clear contract protects both sponsor and fellow by defining expectations for funding, deliverables, reporting, intellectual property, confidentiality, and termination. It reduces disputes, clarifies tax and payroll treatment, and documents consent to program conditions and data handling.
Typical parties include program administrators, legal counsel, grant managers, and the named fellow; each has distinct responsibilities for execution and compliance.
Identifying the correct internal signers and external recipients early speeds processing and ensures valid authority for financial and legal commitments.
Identify the legal names, contact information, and role of each party, including institutional department and the fellow as individual or entity.
Specify start and end dates, milestones, deliverables, allowable activities, and any scope limitations or approved changes process.
Detail stipend amount, payment schedule, expense reimbursement rules, tax reporting treatment, and conditions for withholding or clawback.
Describe ownership or license of intellectual property, obligations to acknowledge funding, publication review periods, and data-sharing requirements.
List confidential information categories, permitted disclosures, duration of confidentiality, and exceptions required by law or reporting.
Set termination triggers, notice periods, post-termination obligations, and refund or repayment mechanics for unearned funds.
| Field | Configuration |
|---|---|
| Signer Order | Sponsor approver then fellow |
| Required Attachments | Budget, IRB approval (if research) |
| Authentication | Email link or SMS code |
| Audit Trail | Enable timestamp and IP capture |
Select a platform that supports the required signer authentication, audit trail, and document formats used by your organization.
Ensure the chosen method aligns with institutional policy on BAAs, retention, and access controls before executing fellowship agreements.
Establishes when obligations begin and payments can be scheduled
Use contract-specified dates for progress and final reports
Follow the payment schedule in the agreement
Provide any necessary 1099 or W-2 by IRS deadlines
Specify notice period for extension or termination
| signNow | DocuSign | Adobe Sign | PandaDoc | HelloSign | |
|---|---|---|---|---|---|
| Starting Price | $8/user/mo | $15/user/mo | $14/user/mo | $19/user/mo | $15/user/mo |
| Free Trial | 7-day free trial | Varies by plan | Varies by plan | Varies by plan | Varies by plan |
| Bulk Send | Yes (Business Premium+) | Depends on plan | Depends on plan | Yes | Depends on plan |
| Audit Trail | Yes | Yes | Yes | Yes | Yes |
| HIPAA Compliant | Yes (BAA available) | Depends on plan | Depends on plan | Depends on plan | Depends on plan |
| Envelope Cap | No cap | 100 envelopes/user/year | Varies | Varies | Varies |
Save signed agreements as PDF/A or PDF to preserve formatting and signatures; include the certificate of completion or audit trail with the file.
Provide the fellow and institutional folders with a fully executed, timestamped PDF that includes signer identity, IP, and audit metadata.
Attach award letters, budgets, IRB approvals, and travel authorizations as exhibit attachments to maintain a single contract record.
Retain earlier drafts and approval records with clear version names and dates to document negotiation history and changes.