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Industry Memberships
Members
- Entitled to:
- First right to negotiable an exclusive royalty-bearing license for any intellectual property generated within the Institute following the Institute IP ploicy;
- Sponsored Project
- Government Sponsored projects
- Student project
- Voting membership on the Institute Sponsored Project Advisory Committee that determines which proposals to fund as “center sponsored projects”
- Voting membership on the Institute Sponsored Project Advisory Committee that determines which proposals to fund
- A $4000 cost sharing on sponsored research projects contracted for in the
- year of membership
- copies of all center research reports
- copies of all research papers published by center researcher
- Annual membership fee of $10,000
Intellectual Property Policy
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Members will have a six month period from date of disclosure to determine if they want to negotiate an exclusive license, royalty-bearing license. If more than one Member shall desire such a license, either a non exclusive license will be negotiated and made available to each interested member or separate exclusive licenses with restrictions will be negotiated.
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After this period, the technology will be available for general licensing.
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The funding industry entity will have the time interval from the date of disclosure that is specified in the standard University research agreement to negotiate an exclusive royalty-bearing license.
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For a period of the six months after this interval, Members will have the right to negotiate an excusive royalty-bearing license. If more than one Member shall desire such a license, either a non exclusive license will be negotiated and made available to each interested member or separate exclusive licenses with restrictions will be negotiated.
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After this period, the technology will be available for general licensing.
Institute Sponsored Project Advisory Committee
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