Maryland Code, LABOR AND EMPLOYMENT 11-705
Terms Used In Maryland Code, LABOR AND EMPLOYMENT 11-705
- Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
(b) The Department may require that all recipients of strategic industry partnership grants:
(1) demonstrate an ability to collaborate successfully; and
(2) include additional provisions in a grant proposal to ensure accountability.
(c) The Department may revoke grant funding from a strategic industry partnership, workforce training program, or partnership member if goals consistent with a grant agreement approved by the Department are not met.
(d) To the extent practicable and consistent with relevant judicial opinions and statutory law, any intellectual property developed as a result of a grant awarded under the Maryland EARN Program shall remain in the public domain.