Common use of Commercialization Through PARTEQ Clause in Contracts

Commercialization Through PARTEQ. 16.5.1 If the creator elects to use the services of PARTEQ and PARTEQ agrees to commit its resources to protection and commercialization, the sharing of net revenues will be in accordance with the business practices of PARTEQ, as approved by its Board of Directors. 16.5.2 All agreements between Members and PARTEQ made after ratification of this Agreement shall contain a provision for the settlement of disputes between PARTEQ and the Member by arbitration, with the costs of the arbitration to be divided equally between the parties. The University undertakes to make all reasonable efforts to assist in the resolution of such disputes. Any periodic review of the relationship with PARTEQ by the University shall take fully into account the level of satisfaction of the Members who have contracts with PARTEQ. 16.5.3 Creators have the right to withdraw from agreements with PARTEQ under the following circumstances:‌ (a) W here the restrictions associated with the exploitation are interfering with the ability of the Member to pursue the Member’s scholarly research, and the creator agrees not to seek subsequently to exploit the intellectual property for‌ commercial purposes; or (b) PARTEQ has failed to bring appropriate skills and effort to bear on the exploitation over a period of time.‌ 16.5.4 The applicability of Article 16.5.3 may be the subject of a grievance under Article 19. In the case of Article 16.5.3 (a), the Member is not obliged to repay the disbursements of PARTEQ. In the case of Article 16.5.3 (b), the Member shall be liable to PARTEQ for its disbursements. The Member shall then be reassigned the title and beneficial interest in the intellectual property.

Commercialization Through PARTEQ. 16.5.1 17.5.1 If the creator elects to use the services of PARTEQ and PARTEQ agrees to commit its resources to protection and commercialization, the sharing of net revenues will be in accordance with the business practices of PARTEQ, as approved by its Board of Directors. 16.5.2 17.5.2 All agreements between Members and PARTEQ made after ratification of this Agreement shall contain a provision for the settlement of disputes between PARTEQ and the Member by arbitration, with the costs of the arbitration to be divided equally between the partiesequally. The University undertakes to make all reasonable efforts to assist in the resolution of such disputes. Any periodic review of the relationship with PARTEQ by the University shall take fully into account the level of satisfaction of the Members who have contracts with PARTEQ. 16.5.3 17.5.3 Creators have the right to withdraw from agreements with PARTEQ under the following circumstances:‌certain circumstances: (a) W here where the restrictions associated with the exploitation are interfering with the ability of the Member to pursue the Member’s 's scholarly research, and the creator agrees not to seek subsequently to exploit the intellectual property for‌ for commercial purposes; or (b) PARTEQ has failed to bring appropriate skills and effort to bear on the exploitation over a period of time.‌time. 16.5.4 17.5.4 The applicability of Article 16.5.3 17.5.3 may be the subject of a grievance under Article 1915. In the case of Article 16.5.3 17.5.3 (a), the Member is not obliged to repay the disbursements of PARTEQ. In the case of Article 16.5.3 (b17.5.3(b), the Member shall arrange for PARTEQ to be liable to PARTEQ reimbursed for its disbursements. The Member shall then be reassigned the title and beneficial interest in the intellectual property.

Commercialization Through PARTEQ. 16.5.1 14.5.1 If the creator elects to use the services of PARTEQ and PARTEQ agrees to commit its resources to protection and commercialization, the sharing of net revenues will be in accordance with the business practices of PARTEQ, as approved by its Board of Directors. 16.5.2 14.5.2 All agreements between Members and PARTEQ made after ratification of this Agreement shall contain a provision for the settlement of disputes between PARTEQ and the Member by arbitration, with the costs of the arbitration to be divided equally between the partiesequally. The University undertakes to make all reasonable efforts to assist in the resolution of such disputes. Any periodic review of the relationship with PARTEQ by the University shall take fully into account the level of satisfaction of the Members who have contracts with PARTEQ. 16.5.3 14.5.3 Creators have the right to withdraw from agreements with PARTEQ under the following circumstances:‌certain circumstances: (a) W here where the restrictions associated with the exploitation are interfering with the ability of the Member to pursue the Member’s scholarly research, and the creator agrees not to seek subsequently to exploit the intellectual property for‌ for commercial purposes; or (b) PARTEQ has failed to bring appropriate skills and effort to bear on the exploitation over a period of time.‌time. 16.5.4 14.5.4 The applicability of Article 16.5.3 14.5.3 may be the subject of a grievance under Article 1917. In the case of Article 16.5.3 14.5.3 (a), the Member is not obliged to repay the disbursements of PARTEQ. In the case of Article 16.5.3 (b14.5.3(b), the Member shall arrange for PARTEQ to be liable to PARTEQ reimbursed for its disbursements. The Member shall then be reassigned the title and beneficial interest in the intellectual property.

Commercialization Through PARTEQ. 16.5.1 17.5.1 If the creator elects to use the services of PARTEQ and PARTEQ agrees to commit its resources to protection and commercialization, the sharing of net revenues will be in accordance with the business practices of PARTEQ, as approved by its Board of Directors. 16.5.2 17.5.2 All agreements between Members and PARTEQ made after ratification of this Agreement shall contain a provision for the settlement of disputes between PARTEQ and the Member by arbitration, with the costs of the arbitration to be divided equally between the partiesequally. The University undertakes to make all reasonable efforts to assist in the resolution of such disputes. Any periodic review of the relationship with PARTEQ by the University shall take fully into account the level of satisfaction of the Members who have contracts with PARTEQ. 16.5.3 17.5.3 Creators have the right to withdraw from agreements with PARTEQ under the following circumstances:‌certain circumstances: (a) W here where the restrictions associated with the exploitation are interfering with the ability of the Member to pursue the Member’s scholarly research, and the creator agrees not to seek subsequently to exploit the intellectual property for‌ for commercial purposes; or (b) PARTEQ has failed to bring appropriate skills and effort to bear on the exploitation over a period of time.‌time. 16.5.4 17.5.4 The applicability of Article 16.5.3 17.5.3 may be the subject of a grievance under Article 1915. In the case of Article 16.5.3 17.5.3 (a), the Member is not obliged to repay the disbursements of PARTEQ. In the case of Article 16.5.3 (b17.5.3(b), the Member shall arrange for PARTEQ to be liable to PARTEQ reimbursed for its disbursements. The Member shall then be reassigned the title and beneficial interest in the intellectual property.