Common use of Financial Agreements Clause in Contracts

Financial Agreements. The President, after consulting with the President, may enter into such financial agreements as the President deems equitable whenever a staff member at personal expense desires to patent an invention or copyright written works which resulted from research supported by State funds or works produced or written ―for hire‖ by the University, only in instances when the committee disclaims interest in patenting or copyrighting the work produced by the staff member. [Eff. JUN 22 1981] (Auth: HRS §304-4) (Imp: HRS §304-4) [Duplicated text from UH Systemwide Executive Policies, Executive Policy – Administration] R-12, UH Executive Policy E5.500, Administration of the Patent and Copyright Policy March 1985

Financial Agreements. The Presidentpresident, after consulting with the Presidentpatent and copyright committee, may enter into such financial agreements as the President president deems equitable whenever a staff member at personal expense desires to patent an invention or copyright written works which resulted from research supported by State funds or works produced or written ―for hire‖ “for hire” by the Universityuniversity, only in instances when the committee disclaims interest in patenting or copyrighting the work produced by the staff member. [Eff. JUN 22 1981] (Auth: HRS §304-4) (Imp: HRS §304-4) [Duplicated text from UH Systemwide Executive Policies, Executive Policy – Administration, now referred to as Chapter 12 Research] R-12R-11, UH Executive Policy E5.500E5.500 [EP 12.205], Administration of the Patent and Copyright Policy March 1985