COLLABORATION AGREEMENT BETWEEN THE UNIVERSITY OF VALENCIA, THE POLYTECHNIC UNIVERSITY OF VALENCIA AND THE STRATEGY AND DEVELOPMENT CENTRE OF VALENCIA (CEyD)

Valencia, June 23, 2004

IN A MEETING BETWEEN

Mrs. Maria Josep Cuenca Ordiñana, Vice-chancellor for Research and Third Year in the University of Valencia.

Mr. Vicente Hernández Garcia, Vice-chancellor for Research in the Polytechnic University of Valencia.

Mr. Juan Eduardo Santón, Director of the Strategy and Development Centre of Valencia (CEyD) and Councillor for Information Society and Innovation in Valencia City Council.

STATE THAT

1. The main objective of the Strategy and Development Centre (CEyD) is to promote collective construction in the city by the carrying out of joint projects between the principal players in the city, and the reinforcement of citizens’ participation and responsibility.

2. The objective of the CEyD is to identify the principal strategic challenges that exist in the city of Valencia and become aware of the main objectives of its institutions and entities.

3. Amongst the objectives of the Universities that are party to this document is the promotion of economic, cultural and social development of the human environment in which they form a part.

4. The University of Valencia and the Polytechnic University of Valencia are renowned for their collaborations, amongst others, with the institutions in the city and in particular with Valencia City Council and the Valencia Strategic Plan Association, which has now become the Strategies and Development Centre (CEyD).

5. Within the framework of the university itself an immense amount of research and reflection is performed, covering a wide range of areas designed to achieve the greatest variety of university degrees.

6. The application of final degree projects, third year research work and doctoral theses performed in the Universities involving knowledge of the city and the strategic challenges that face it, are of great utility, undoubtedly, for curricular activities, providing an increased civil and public orientation to the researchers’ work. This also results in greater knowledge of the city and the development of projects for citizens’ institutions and entities operating within it.

IN ORDER TO ACHIEVE THESE AIMS THEY AGREE TO

I. Coordinate the actions of the Universities and the CEyD in order to facilitate the possibility of greater and improved analysis and studies concerning the city of Valencia and its future. In this way the social, economic and cultural entities in the city may face their respective challenges with a greater knowledge base.

II. For this end a stable channel or circuit for collaboration will be established to bestow the work carried out by the Universities and the CEyD with a synergic character. This will, in turn, mean better and greater results for the social and institutional structure of the city. The channel or circuit that is established (see appendix) may be altered by mutual agreement between the parties without this affecting the contents of the present agreement.

III. The CEyD will create a committee for the evaluation of any research that is carried out with the presence of persons designated by Valencia City Council, the University of Valencia and the Polytechnic University of Valencia. The main objective of this committee will be to assign annual awards for work involving the city and the Valencia metropolitan area, realised in the University of Valencia and the Polytechnic University of Valencia.

IV. A Mixed Committee for Observance of the Agreement will be created, formed by the undersigned parties, or by those persons that substitute them in their position or are delegated as their representatives for said Committee. The Mixed Committee for Observance will make all of its agreements unanimously.

V. The Mixed Committee for Observance will have as a mission the continuous development and improvement of the Collaboration Circuit whose first formulation may be seen in the appendix to the present Agreement.

VI. Any proposal for modification of the current agreement will be presented to the Mixed Committee for Observance, and must be approved unanimously. Said Mixed Committee will receive any complaints concerning the Agreement.

VII. Any of the undersigned parties, may present a complaint concerning the Agreement, at any moment. The presentation of the complaint to the Mixed Committee for Observance will mean, after the passing of fifteen calendar days, the termination of the Agreement, if the retraction of the complaint does not occur during this time period.

VIII. The duration of the Agreement will be for two years, and may be automatically renovated for further one year periods.

The undersigned parties hereby express their full acceptance of the terms of the present document.

Mrs. Maria Josep Cuenca

Position: Vice-chancellor for Research and the Third Year in the University of Valencia.

Mr. Vicente Hernández

Position: Vice-chancellor for Research, Development and Innovation in the Polytechnic University of Valencia.

Mr. Juan Eduardo Santón

Position: Director of CEyD