Research Share. University shall be solely responsible for calculating and distributing Research Share. The Research Share will be pro-rated in proportion to the number of sole University, sole VA and DAP employee inventors. For financial calculation purposes under this section, any DAP will be considered to be 50% VA and 50% University, regardless of actual employment percentages.
Appears in 2 contracts
Samples: License Agreement (Otonomy, Inc.), License Agreement (Otonomy, Inc.)
Research Share. University shall be solely responsible for calculating and distributing Research Share. The Research Share will be pro-rated in proportion to the number of sole University, sole VA and DAP employee inventors. For financial calculation purposes under this section, any DAP will be considered to be 50% *** VA and 50% *** University, regardless of actual employment percentages.
Appears in 2 contracts
Samples: Exclusive License Agreement (Salmedix Inc), Exclusive License Agreement (Salmedix Inc)
Research Share. University shall be solely responsible for calculating and distributing Research Share. The Research Share will be pro-rated in proportion to the number of sole University, sole VA and DAP employee inventors. For financial calculation purposes under this section, any DAP will be considered to be 50% [...***...] VA and 50% [...***...] University, regardless of actual employment percentages.. Example: [...***...]
Appears in 2 contracts
Samples: License Agreement (Chimerix Inc), License Agreement (Chimerix Inc)
