Common use of DISTRIBUTION OF INCOME FROM COPYRIGHTED MATERIAL Clause in Contracts

DISTRIBUTION OF INCOME FROM COPYRIGHTED MATERIAL. (1) Any net revenue deriving from a copyrightable work in which the University shares a copyright under these policies but for which a negotiated agreement does not exist shall be shared between the author(s) and the University according to the following schedule: NET REVENUE AUTHOR(S) UNIVERSITY Up to $100,000 50% 50% $100,000 to $1 million 60% 40% $1 million to $5 million 75% 25% More than $5 Million 80% 20% (2) Net income to the University resulting from the copyrighted material developed by members of the University faculty will be reinvested in faculty development and administered by the Office of Research. (3) Determination of net financial returns as used in this policy shall be made by the Office of Research in accordance with generally accepted accounting principles.

DISTRIBUTION OF INCOME FROM COPYRIGHTED MATERIAL. (1) A. Any net revenue deriving from a copyrightable work in which the University shares a copyright under these policies but for which a negotiated agreement does not exist shall be shared between the author(s) and the University according to the following schedule: NET REVENUE AUTHOR(S) UNIVERSITY Up to $100,000 50% 50% $100,000 to $1 million 60% 40% $1 million to $5 million 75% 25% More than $5 Million 80% 20% (2) B. Net income to the University resulting from the copyrighted material developed by members of the University faculty will be reinvested in faculty development and administered by the Office of Research. (3) C. Determination of net financial returns as used in this policy shall be made by the Office of Research in accordance with generally accepted accounting principles.

DISTRIBUTION OF INCOME FROM COPYRIGHTED MATERIAL. (1) A. Any net revenue deriving from a copyrightable work in which the University shares a copyright under these policies but for which a negotiated agreement does not exist shall be shared between the author(s) and the University according to the following schedule: NET REVENUE AUTHOR(S) UNIVERSITY Up to $100,000 50% 50% $100,000 to $1 million 60% 40% $1 million to $5 million 75% 25% More than $5 Million 80% 20% (2) % B. Net income to the University resulting from the copyrighted material developed by members of the University faculty will be reinvested in faculty development and administered by the Office of Research. (3) Determination of net financial returns as used in this policy shall be made by the Office of Research in accordance with generally accepted accounting principles.

DISTRIBUTION OF INCOME FROM COPYRIGHTED MATERIAL. (1) Any net revenue deriving from a copyrightable work in which the University university shares a copyright under these policies but for which a negotiated agreement does not exist shall be shared between the author(s) and the University according to the following schedule: NET REVENUE AUTHOR(S) UNIVERSITY Up to $100,000 50% 50% $100,000 to $1 million 60% 40% $1 million to $5 million 75% 25% More than $5 Million 80% 20% (2) Net income to the University university resulting from the copyrighted material developed by members of the University university faculty will be reinvested in faculty development and administered by the Office of ResearchUniversity Research Council (URC). (3) Determination of net financial returns as used in this policy shall be made by OSPR for the Office of Research University in accordance with generally accepted accounting principles.