And Battery Aero Inc. at The Regents of the University of Michigan

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The University of Michigan seeks authorization to extend two lease agreements with the University of Michigan Credit Union (UMCU) for office space. The first lease is for 352 square feet in the Dearborn University Center for 2 years at an annual rate of $8,190.00, and the second is for 240 square feet in the University Hospital for 5 years at an annual rate of $13,778.00. Both extensions begin on January 1, 2026, include 3 percent annual rate increases, and require the tenant to handle janitorial services. This action necessitates Regental approval due to a conflict of interest involving several University employees who hold positions at UMCU, requiring compliance with the State of Michigan Conflict of Interest Statute.

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RECRUITING SERVICES - UNIVERSITY OF MICHIGAN

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This document is an action request for regental approval for the University of Michigan Department of Psychiatry to enter into a five-year agreement with Ripple Science Corporation for a web-based service for managing human subject recruitment and data collection. The agreement falls under the State of Michigan Conflict of Interest Statute because Nestor Lopez-Duran, a University employee, is the founder, director, and owner of Ripple Science Corporation. The document outlines the statutory requirements for approval and discloses the parties, terms, and nature of the pecuniary interest, with a total cost not to exceed $9,000 for the five-year duration.

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This document is Amendment Number 1 to the Master Services Agreement between The Regents of the University of Michigan and Penji, Inc. Effective May 27, 2025, this amendment extends the original agreement, which began on May 2, 2024, for an additional four years, setting the new expiration date to May 26, 2029. The amendment also allows for potential further extensions beyond this period.