Augusta University Research Institute Inc.

AUGUSTA UNIVERSITY RESEARCH INSTITUTE, INC. (THE "INSTITUTE") WAS INCORPORATED UNDER THE LAWS OF THE STATE OF GEORGIA AS A NONPROFIT CORPORATION ON JULY 31, 1980. THE INSTITUTE QUALIFIED AS A TAX-EXEMPT CORPORATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE PURPOSE OF THE INSTITUTE IS TO SERVE AUGUSTA UNIVERSITY (THE "UNIVERSITY") AND ENHANCE ITS EXCELLENCE AS A RESEARCH INSTITUTION. THE INSTITUTE CONTRIBUTES TO THE RESEARCH FUNCTION OF THE UNIVERSITY BY SECURING GIFTS, CONTRIBUTIONS, AND GRANTS FROM OBTAINING CONTRACTS WITH SUCH INDIVIDUALS OR ENTITIES FOR THE PERFORMANCE OF SPONSORED RESEARCH, DEVELOPMENT, OR OTHER PROGRAMS IN THE VARIOUS UNIVERSITY SCHOOLS, DEPARTMENTS, AND OTHER UNITS WITHIN THE AU ENTERPRISE.