Common use of Patents and Intellectual Property Clause in Contracts

Patents and Intellectual Property. a. A faculty member shall be entitled to complete ownership and control of any patentable discoveries or inventions, or of intellectual property, except where the faculty member’s normal workload was reduced for purposes of the development b. Ownership of intellectual property, or of patentable discoveries or inventions, shall be shared by the faculty member and the university in an equitable ratio if the intellectual property, or the discoveries or inventions, are produced under one (1) or more of the following circumstances: 1. with substantial university support and involvement; 2. with release time granted with the expectation that patentable information or products will result; 3. under an assigned duty and/or work-for-hire arrangement with an external sponsor. c. A faculty member engaged in research which may lead to patentable or non-patentable inventions or discoveries, or intellectual property, shall maintain a log which includes dates and hours worked on the project, activities engaged in, and university facilities and resources involved.

Appears in 4 contracts

Samples: Collective Bargaining Agreement, Collective Bargaining Agreement, Collective Bargaining Agreement

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