Agreements that are not signed by the correct University official are invalid and potentially fraudulent.  This could result in the withholding of funds or requested data or materials, a breach of contract claim, and possible legal repercussions for the individuals involved and the University.  Additionally, proper management of legal agreements requires adherence to various policies and procedures relating to accounting, budgeting, research oversight, and legal compliance.  The University’s designated office(s) and officials must review any incoming or outgoing agreements intended to obligate the University and ensure compliance with applicable local, state, and federal laws.