Common use of Intellectual Property Disclosures Clause in Contracts

Intellectual Property Disclosures. If and when Intellectual Property is created by University that may be amenable to patenting and/or licensing, the Principal Investigator will disclose the Intellectual Property to the CWRU Technology Transfer Office ("TTO") in accordance with University policies and practices, thereby creating a "Disclosure." Each party will promptly notify the other in writing of receipt of any Disclosure, normally within four weeks ("Notification").