The simplified and standardized models of university-industry cooperative research agreements that are presented are the products of a joint effort of the Government-University-Industry Research Roundtable and the Industrial Research Institute. These two organizations approached the task of developing these models with the goal to maximize productive research collaboration between industry and academia by streamlining the negotiation process for reaching a formal agreement. Some of the intended impacts from use of the documents are: a decrease in the time and effort required to reach an agreement; partners in research programs, rather than developing a contract from scratch, will use much of the model and devote their energies to negotiating specific features; and companies and universities new to research alliances will have a sense of what is reasonable to consider in establishing a contract. Two models are presented. For the purposes of basic research support, simple research grants between universities and companies, as illustrated in part I, may be most effective. Where complex issues are raised by the parties, a research contract will be the most appropriate instrument. A "typical first approach" to such a contract is illustrated in part II. (Author/CW)