[§304A-3011] Contracts with state agencies. Any contract between the research corporation and any agency, office, department, or other administrative subdivision of the executive branch of the State shall include the following:
(1) Its termination date;
(2) Its intent and purpose;
(3) A statement establishing the full permissible extent of its applicability; and
(4) A description of the circumstances under which it may be amended or extended. [L 2006, c 75, pt of §2]