Common use of Revenue Sharing Clause in Contracts

Revenue Sharing. 7.1 Any Revenue generated from Commercialization activities shall be shared by the University and the Authors as a group with eighty percent (80%) paid jointly to the Authors which shall be divided between the Authors and the Contributors and Other Participants in accordance with Addendum “C” and twenty percent (20%) paid to the University. Where the University has incurred Direct Costs, such distribution of Revenue shall occur only following the University’s full recovery of all of the Direct Costs. Notwithstanding the foregoing, any share equity in a start up company issued to the University as part of the compensation generated from Commercialization activities shall not be further shared with the Researchers or Other Participants in accordance with Addendum “C”. 7.2 Payments to the Authors and any applicable Contributors or Other Participants will be made by the University periodically in accordance with its then current policy and practice. The Authors acknowledge and agree that it is their obligation to inform the University of any change of address or other relevant contact information for themselves as well as any applicable Contributors or Other Participants so that the aforesaid payments can be made in timely manner. In the event the Authors fail to notify the University of a change in the aforesaid contact information, the University shall retain such payments until such time that the Authors or any applicable Contributors or Other Participants make a claim for any unpaid payments owing. Under such circumstances the Authors acknowledge and agree such late payments shall not include any interest or carrying charge payable over the delinquency in payment period. 7.3 Any distribution of the University share of Revenue by the University to a Faculty, department or centre of the University will be made in accordance with the then current University policy and practice. 7.4 Payments will be made in Canadian funds or equivalent. Revenue received in other than Canadian funds will be recorded at the rate of exchange in effect at the date of receipt. 7.5 The Authors acknowledge and agree that in the event that the University Commercializes the COPYRIGHT MATERIAL which comprises a package or bundle of more than one technology, other copyright work, or other software application, which may include one or more technologies or works provided by third parties together with the COPYRIGHT MATERIAL , that in such circumstances the University shall have the right to determine how to allocate the revenue arising from the Commercialization of the COPYRIGHT MATERIAL amongst such multiple works between the various groups of Authors and any third parties. It is further agreed that Researcher groups and third party groups shall only be entitled to share the Revenue allocated to their particular COPYRIGHT MATERIAL. 7.6 The Authors acknowledge and agree that the University may support Commercialization through the creation of a startup company. In many circumstances the creation of a startup company will involve one or more Authors taking on an active role in the founding and operationalizing of the startup company’s business activities. Such SOFTWARE founders shall likely be required to invest significant additional time commitment, possibly without compensation for an extended period of time, to support the business activities of the startup. Thus the Authors acknowledge and agree that any Author participating in a substantive startup company founder role way are assuming additional effort and risk which needs to acknowledged in the distribution of any Equity in a startup company which could differ significantly from the Revenue sharing allocations specified in Addendum C. The Authors acknowledge and agree that any Equity in a start up company issued to the University as part of the compensation generated from Commercialization activities shall not be further shared with the Authors or Other Participants in accordance with Addendum “C”. The Authors acknowledge that the formation of a startup company is subject to case-by-case circumstances and negotiations with third party investors and that it is not possible to provide a definitive specification of how Equity allocations shall be distributed amongst the Researchers and the University. However, typically the University secures at a minimum a 5% Equity allocation with certain anti-dilution provisions.

Revenue Sharing. 7.1 Any Revenue generated from Commercialization activities shall be shared by the University and the Authors Researchers as a group with eighty seventy-five percent (8075%) paid jointly to the Authors Researchers, which shall be divided between the Authors Researchers and the Contributors and Other Participants in accordance with Addendum “C” ”, and twenty twenty-five percent (2025%) paid to the University. Where the University has incurred Direct Costs, such distribution of Revenue shall occur only following the University’s full recovery of all of the Direct Costs. Notwithstanding the foregoing, any share equity in a start up company issued to the University as part of the compensation generated from Commercialization activities shall not be further shared with the Researchers or Other Participants in accordance with Addendum “C”. 7.2 Payments to the Authors and any applicable Contributors or Other Participants Researchers will be made by the University periodically in accordance with its then current policy and practice. The Authors Researchers acknowledge and agree that it is their obligation to inform the University of any change of address or other relevant contact information for themselves as well as any applicable Contributors or Other Participants so that the aforesaid payments can be made in timely manner. In the event the Authors Researchers fail to notify the University of a change in the aforesaid their contact information, the University shall retain such payments until such time that the Authors or any applicable Contributors or Other Participants Researchers make a claim for any unpaid payments owing. Under such circumstances the Authors Researchers acknowledge and agree such late payments shall not include any interest or carrying charge payable over the delinquency in payment period. 7.3 Any distribution of the University share of Revenue by the University to a Faculty, department or centre of the University will be made in accordance with the then current University policy and practice. 7.4 Payments will be made in Canadian funds or equivalent. Revenue received in other than Canadian funds will be recorded at the rate of exchange in effect at the date of receipt. 7.5 The Authors Researchers acknowledge and agree that in the event that the University Commercializes the COPYRIGHT MATERIAL IP and Improvements which comprises a package or bundle of more than one technology, other copyright work, or other software application, which may include one or more technologies or works provided by third parties together with the COPYRIGHT MATERIAL IP and Improvements, that in such circumstances the University shall have the right to determine how to allocate the revenue arising from the Commercialization of the COPYRIGHT MATERIAL amongst such IP and Improvements comprising multiple works technologies between the various groups of Authors Researchers and any third parties. It is further agreed that Researcher groups and third party groups shall only be entitled to share the Revenue allocated to their particular COPYRIGHT MATERIALIP or Improvements. 7.6 The Authors Researchers acknowledge and agree that the University may support Commercialization through the creation of a startup company. In many circumstances the creation of a startup company will involve one or more Authors Researchers taking on an active role in the founding and operationalizing of the startup company’s business activities. Such SOFTWARE Research founders shall likely be required to invest significant additional time commitment, possibly without compensation for an extended period of time, to support the business activities of the startup. Thus the Authors Researchers acknowledge and agree that any Author Researcher participating in a substantive startup company founder role way are assuming additional effort and risk which needs to acknowledged in the distribution of any Equity in a startup company which could differ significantly from the Revenue sharing allocations specified in Addendum C. The Authors Researchers acknowledge and agree that any Equity in a start up company issued to the University as part of the compensation generated from Commercialization activities shall not be further shared with the Authors Researchers or Other Participants in accordance with Addendum “C”. The Authors Researchers acknowledge that the formation of a startup company is subject to case-by-case circumstances and negotiations with third party investors and that it is not possible to provide a definitive specification of how Equity allocations shall be distributed amongst the Researchers and the University. However, typically the University secures at a minimum a 5% Equity allocation with certain anti-dilution provisions.

Revenue Sharing. 7.1 Any Revenue generated from Commercialization activities shall be shared by the University and the Authors as a group with eighty percent (80%) paid jointly to the Authors which shall be divided between the Authors and the Contributors and Other Participants in accordance with Addendum “C” and twenty percent (20%) paid to the University. Where the University has incurred Direct Costs, such distribution of Revenue shall occur only following the University’s full recovery of all of the Direct Costs. Notwithstanding the foregoing, any share equity in a start up company issued to the University as part of the compensation generated from Commercialization activities shall not be further shared with the Researchers or Other Participants in accordance with Addendum “C”. 7.2 Payments to the Authors and any applicable Contributors or Other Participants will be made by the University periodically in accordance with its then current policy and practice. The Authors acknowledge and agree that it is their obligation to inform the University of any change of address or other relevant contact information for themselves as well as any applicable Contributors or Other Participants so that the aforesaid payments can be made in timely manner. In the event the Authors fail to notify the University of a change in the aforesaid contact information, the University shall retain such payments until such time that the Authors or any applicable Contributors or Other Participants make a claim for any unpaid payments owing. Under such circumstances the Authors acknowledge and agree such late payments shall not include any interest or carrying charge payable over the delinquency in payment period. 7.3 Any distribution of the University share of Revenue by the University to a Faculty, department or centre of the University will be made in accordance with the then current University policy and practice. 7.4 Payments will be made in Canadian funds or equivalent. Revenue received in other than Canadian funds will be recorded at the rate of exchange in effect at the date of receipt. 7.5 The Authors acknowledge and agree that in the event that the University Commercializes the COPYRIGHT MATERIAL SOFTWARE which comprises a package or bundle of more than one technology, other copyright work, or other software application, which may include one or more technologies or works provided by third parties together with the COPYRIGHT MATERIAL SOFTWARE, that in such circumstances the University shall have the right to determine how to allocate the revenue arising from the Commercialization of the COPYRIGHT MATERIAL amongst SOFTWARE amoungst such multiple works between the various groups of Authors and any third parties. It is further agreed that Researcher groups and third party groups shall only be entitled to share the Revenue allocated to their particular COPYRIGHT MATERIALSOFTWARE. 7.6 The Authors acknowledge and agree that the University may support Commercialization through the creation of a startup company. In many circumstances the creation of a startup company will involve one or more Authors taking on an active role in the founding and operationalizing of the startup company’s business activities. Such SOFTWARE founders shall likely be required to invest significant additional time commitment, possibly without compensation for an extended period of time, to support the business activities of the startup. Thus the Authors acknowledge and agree that any Author participating in a substantive startup company founder role way are assuming additional effort and risk which needs to acknowledged in the distribution of any Equity in a startup company which could differ significantly from the Revenue sharing allocations specified in Addendum C. The Authors acknowledge and agree that any Equity in a start up company issued to the University as part of the compensation generated from Commercialization activities shall not be further shared with the Authors or Other Participants in accordance with Addendum “C”. The Authors acknowledge that the formation of a startup company is subject to case-by-case circumstances and negotiations with third party investors and that it is not possible to provide a definitive specification of how Equity allocations shall be distributed amongst the Researchers and the University. However, typically the University secures at a minimum a 5% Equity allocation with certain anti-dilution provisions.

Revenue Sharing. 7.1 Any Revenue generated from Commercialization activities shall be shared by the University and the Authors Researchers as a group with eighty seventy-five percent (8075%) paid jointly to the Authors Researchers, which shall be divided between the Authors Researchers and the Contributors and Other Participants in accordance with Addendum “C” ”, and twenty twenty-five percent (2025%) paid to the University. Where the University has incurred Direct Costs, such distribution of Revenue shall occur only following the University’s full recovery of all of the Direct Costs. Notwithstanding the foregoing, any share equity in a start up company issued to the University as part of the compensation generated from Commercialization activities shall not be further shared with the Researchers or Other Participants in accordance with Addendum “C”. 7.2 Payments to the Authors and any applicable Contributors or Other Participants Researchers will be made by the University periodically in accordance with its then current policy and practice. The Authors Researchers acknowledge and agree that it is their obligation to inform the University of any change of address or other relevant contact information for themselves as well as any applicable Contributors or Other Participants so that the aforesaid payments can be made in timely manner. In the event the Authors Researchers fail to notify the University of a change in the aforesaid their contact information, the University shall retain such payments until such time that the Authors or any applicable Contributors or Other Participants Researchers make a claim for any unpaid payments owing. Under such circumstances the Authors Researchers acknowledge and agree such late payments shall not include any interest or carrying charge payable over the delinquency in payment period. 7.3 Any distribution of the University share of Revenue by the University to a Faculty, department or centre of the University will be made in accordance with the then current University policy and practice. 7.4 Payments will be made in Canadian funds or equivalent. Revenue received in other than Canadian funds will be recorded at the rate of exchange in effect at the date of receipt. 7.5 The Authors Researchers acknowledge and agree that in the event that the University Commercializes the COPYRIGHT MATERIAL IP and Improvements which comprises a package or bundle of more than one technology, other copyright work, or other software application, which may include one or more technologies or works provided by third parties together with the COPYRIGHT MATERIAL IP and Improvements, that in such circumstances the University shall have the right to determine how to allocate the revenue arising from the Commercialization of the COPYRIGHT MATERIAL amongst such IP and Improvements comprising multiple works technologies between the various groups of Authors Researchers and any third parties. It is further agreed that Researcher groups and third party groups shall only be entitled to share the Revenue allocated to their particular COPYRIGHT MATERIALIP or Improvements. 7.6 The Authors acknowledge and agree that the University may support Commercialization through the creation of a startup company. In many circumstances the creation of a startup company will involve one or more Authors taking on an active role in the founding and operationalizing of the startup company’s business activities. Such SOFTWARE founders shall likely be required to invest significant additional time commitment, possibly without compensation for an extended period of time, to support the business activities of the startup. Thus the Authors acknowledge and agree that any Author participating in a substantive startup company founder role way are assuming additional effort and risk which needs to acknowledged in the distribution of any Equity in a startup company which could differ significantly from the Revenue sharing allocations specified in Addendum C. The Authors acknowledge and agree that any Equity in a start up company issued to the University as part of the compensation generated from Commercialization activities shall not be further shared with the Authors or Other Participants in accordance with Addendum “C”. The Authors acknowledge that the formation of a startup company is subject to case-by-case circumstances and negotiations with third party investors and that it is not possible to provide a definitive specification of how Equity allocations shall be distributed amongst the Researchers and the University. However, typically the University secures at a minimum a 5% Equity allocation with certain anti-dilution provisions.

Revenue Sharing. 7.1 Any Revenue generated from Commercialization activities shall be shared by the University and the Authors as a group with eighty percent (80%) paid jointly to the Authors which shall be divided between the Authors and the Contributors and Other Participants in accordance with Addendum “C” and twenty percent (20%) paid to the University. Where the University has incurred Direct Costs, such distribution of Revenue shall occur only following the University’s full recovery of all of the Direct Costs. Notwithstanding the foregoing, any share equity in a start up company issued to the University as part of the compensation generated from Commercialization activities shall not be further shared with the Researchers or Other Participants in accordance with Addendum “C”. 7.2 Payments to the Authors and any applicable Contributors or Other Participants will be made by the University periodically in accordance with its then current policy and practice. The Authors acknowledge and agree that it is their obligation to inform the University of any change of address or other relevant contact information for themselves as well as any applicable Contributors or Other Participants so that the aforesaid payments can be made in timely manner. In the event the Authors fail to notify the University of a change in the aforesaid contact information, the University shall retain such payments until such time that the Authors or any applicable Contributors or Other Participants make a claim for any unpaid payments owing. Under such circumstances the Authors acknowledge and agree such late payments shall not include any interest or carrying charge payable over the delinquency in payment period. 7.3 Any distribution of the University share of Revenue by the University to a Faculty, department or centre of the University will be made in accordance with the then current University policy and practice. 7.4 Payments will be made in Canadian funds or equivalent. Revenue received in other than Canadian funds will be recorded at the rate of exchange in effect at the date of receipt. 7.5 The Authors acknowledge and agree that in the event that the University Commercializes the COPYRIGHT MATERIAL which comprises a package or bundle of more than one technology, other copyright work, or other software application, which may include one or more technologies or works provided by third parties together with the COPYRIGHT MATERIAL , that in such circumstances the University shall have the right to determine how to allocate the revenue arising from the Commercialization of the COPYRIGHT MATERIAL amongst such multiple works between the various groups of Authors and any third parties. It is further agreed that Researcher groups and third party groups shall only be entitled to share the Revenue allocated to their particular COPYRIGHT MATERIAL. 7.6 The Authors acknowledge and agree that the University may support Commercialization through the creation of a startup company. In many circumstances the creation of a startup company will involve one or more Authors taking on an active role in the founding and operationalizing of the startup company’s business activities. Such SOFTWARE founders shall likely be required to invest significant additional time commitment, possibly without compensation for an extended period of time, to support the business activities of the startup. Thus the Authors acknowledge and agree that any Author participating in a substantive startup company founder role way are assuming additional effort and risk which needs to acknowledged in the distribution of any Equity in a startup company which could differ significantly from the Revenue sharing allocations specified in Addendum C. The Authors acknowledge and agree that any Equity in a start up company issued to the University as part of the compensation generated from Commercialization activities shall not be further shared with the Authors or Other Participants in accordance with Addendum “C”. The Authors acknowledge that the formation of a startup company is subject to case-by-case circumstances and negotiations with third party investors and that it is not possible to provide a definitive specification of how Equity allocations shall be distributed amongst the Researchers and the University. However, typically the University secures at a minimum a 5% Equity allocation with certain anti-dilution provisions.

Revenue Sharing. 7.1 Any Revenue generated from Commercialization activities shall be shared by the University and the Authors as a group with eighty percent (80%) paid jointly to the Authors which shall be divided between the Authors and the Contributors and Other Participants in accordance with Addendum “C” and twenty percent (20%) paid to the University. Where the University has incurred Direct Costs, such distribution of Revenue shall occur only following the University’s full recovery of all of the Direct Costs. Notwithstanding the foregoing, any share equity in a start up company issued to the University as part of the compensation generated from Commercialization activities shall not be further shared with the Researchers or Other Participants in accordance with Addendum “C”. 7.2 Payments to the Authors and any applicable Contributors or Other Participants will be made by the University periodically in accordance with its then current policy and practice. The Authors acknowledge and agree that it is their obligation to inform the University of any change of address or other relevant contact information for themselves as well as any applicable Contributors or Other Participants so that the aforesaid payments can be made in timely manner. In the event the Authors fail to notify the University of a change in the aforesaid contact information, the University shall retain such payments until such time that the Authors or any applicable Contributors or Other Participants make a claim for any unpaid payments owing. Under such circumstances the Authors acknowledge and agree such late payments shall not include any interest or carrying charge payable over the delinquency in payment period. 7.3 Any distribution of the University share of Revenue by the University to a Faculty, department or centre of the University will be made in accordance with the then current University policy and practice. 7.4 Payments will be made in Canadian funds or equivalent. Revenue received in other than Canadian funds will be recorded at the rate of exchange in effect at the date of receipt. 7.5 The Authors acknowledge and agree that in the event that the University Commercializes the COPYRIGHT MATERIAL which comprises a package or bundle of more than one technology, other copyright work, or other software application, which may include one or more technologies or works provided by third parties together with the COPYRIGHT MATERIAL , that in such circumstances the University shall have the right to determine how to allocate the revenue arising from the Commercialization of the COPYRIGHT MATERIAL amongst such multiple works between the various groups of Authors and any third parties. It is further agreed that Researcher groups and third party groups shall only be entitled to share the Revenue allocated to their particular COPYRIGHT MATERIAL. 7.6 The Authors acknowledge and agree that the University may support Commercialization through the creation of a startup company. In many circumstances the creation of a startup company will involve one or more Authors taking on an active role in the founding and operationalizing of the startup company’s business activities. Such SOFTWARE COPYRIGHT MATERIAL founders shall likely be required to invest significant additional time commitment, possibly without compensation for an extended period of time, to support the business activities of the startup. Thus the Authors acknowledge and agree that any Author participating in a substantive startup company founder role way are assuming additional effort and risk which needs to acknowledged in the distribution of any Equity in a startup company which could differ significantly from the Revenue sharing allocations specified in Addendum C. The Authors acknowledge and agree that any Equity in a start up company issued to the University as part of the compensation generated from Commercialization activities shall not be further shared with the Authors or Other Participants in accordance with Addendum “C”. The Authors acknowledge that the formation of a startup company is subject to case-by-case circumstances and negotiations with third party investors and that it is not possible to provide a definitive specification of how Equity allocations shall be distributed amongst the Researchers and the University. However, typically the University secures at a minimum a 5% Equity allocation with certain anti-dilution provisions.

Revenue Sharing. 7.1 Any Revenue generated from Commercialization activities shall be shared by the University University, JCESR and the Authors Researchers as a group with eighty fifty percent (8050%) paid jointly to the Authors Researchers, which shall be divided between the Authors Researchers and the Contributors and Other Participants in accordance with Addendum “C” and twenty ”, twenty-five percent (2025%) paid to JCESR and twenty-five percent (25%) paid to the University. Where the University has incurred Direct Costs, such distribution of Revenue shall occur only following the University’s full recovery of all of the Direct Costs. Notwithstanding the foregoing, any share equity in a start up company issued to the University as part of the compensation generated from Commercialization activities shall not be further shared with the Researchers or Other Participants in accordance with Addendum “C”. 7.2 Payments to the Authors and any applicable Contributors or Other Participants Researchers will be made by the University periodically in accordance with its then current policy and practice. The Authors Researchers acknowledge and agree that it is their obligation to inform the University of any change of address or other relevant contact information for themselves as well as any applicable Contributors or Other Participants so that the aforesaid payments can be made in timely manner. In the event the Authors Researchers fail to notify the University of a change in the aforesaid their contact information, the University shall retain such payments until such time that the Authors or any applicable Contributors or Other Participants Researchers make a claim for any unpaid payments owing. Under such circumstances the Authors Researchers acknowledge and agree such late payments shall not include any interest or carrying charge payable over the delinquency in payment period. 7.3 Any distribution of the University share of Revenue by the University to a Faculty, department or centre of the University will be made in accordance with the then current University policy and practice. 7.4 Payments will be made in Canadian funds or equivalent. Revenue received in other than Canadian funds will be recorded at the rate of exchange in effect at the date of receipt. 7.5 The Authors Researchers acknowledge and agree that in the event that the University Commercializes the COPYRIGHT MATERIAL IP and Improvements which comprises a package or bundle of more than one technology, other copyright work, or other software application, which may include one or more technologies or works provided by third parties together with the COPYRIGHT MATERIAL IP and Improvements, that in such circumstances the University shall have the right to determine how to allocate the revenue arising from the Commercialization of the COPYRIGHT MATERIAL amongst such IP and Improvements comprising multiple works technologies between the various groups of Authors Researchers and any third parties. It is further agreed that Researcher groups and third party groups shall only be entitled to share the Revenue allocated to their particular COPYRIGHT MATERIALIP or Improvements. 7.6 The Authors Researchers acknowledge and agree that the University may support Commercialization through the creation of a startup company. In many circumstances the creation of a startup company will involve one or more Authors Researchers taking on an active role in the founding and operationalizing of the startup company’s business activities. Such SOFTWARE Research founders shall likely be required to invest significant additional time commitment, possibly without compensation for an extended period of time, to support the business activities of the startup. Thus the Authors Researchers acknowledge and agree that any Author Researcher participating in a substantive startup company founder role way are assuming additional effort and risk which needs to acknowledged in the distribution of any Equity in a startup company which could differ significantly from the Revenue sharing allocations specified in Addendum C. The Authors Researchers acknowledge and agree that any Equity in a start up company issued to the University as part of the compensation generated from Commercialization activities shall not be further shared with the Authors Researchers or Other Participants in accordance with Addendum “C”. The Authors Researchers acknowledge that the formation of a startup company is subject to case-by-case circumstances and negotiations with third party investors and that it is not possible to provide a definitive specification of how Equity allocations shall be distributed amongst the Researchers and the University. However, typically the University secures at a minimum a 5% Equity allocation with certain anti-dilution provisions.

Revenue Sharing. 7.1 Any Revenue generated from Commercialization activities shall be shared by the University and the Authors as a group with eighty percent (80%) paid jointly to the Authors which shall be divided between the Authors and the Contributors and Other Participants in accordance with Addendum “C” and twenty percent (20%) paid to the University. Where the University has incurred Direct Costs, such distribution of Revenue shall occur only following the University’s full recovery of all of the Direct Costs. Notwithstanding the foregoing, any share equity in a start up company issued to the University as part of the compensation generated from Commercialization activities shall not be further shared with the Researchers or Other Participants in accordance with Addendum “C”. 7.2 Payments to the Authors and any applicable Contributors or Other Participants will be made by the University periodically in accordance with its then current policy and practice. The Authors acknowledge and agree that it is their obligation to inform the University of any change of address or other relevant contact information for themselves as well as any applicable Contributors or Other Participants so that the aforesaid payments can be made in timely manner. In the event the Authors fail to notify the University of a change in the aforesaid contact information, the University shall retain such payments until such time that the Authors or any applicable Contributors or Other Participants make a claim for any unpaid payments owing. Under such circumstances the Authors acknowledge and agree such late payments shall not include any interest or carrying charge payable over the delinquency in payment period. 7.3 Any distribution of the University share of Revenue by the University to a Faculty, department or centre of the University will be made in accordance with the then current University policy and practice. 7.4 Payments will be made in Canadian funds or equivalent. Revenue received in other than Canadian funds will be recorded at the rate of exchange in effect at the date of receipt. 7.5 The Authors acknowledge and agree that in the event that the University Commercializes the COPYRIGHT MATERIAL SOFTWARE which comprises a package or bundle of more than one technology, other copyright work, or other software application, which may include one or more technologies or works provided by third parties together with the COPYRIGHT MATERIAL SOFTWARE, that in such circumstances the University shall have the right to determine how to allocate the revenue arising from the Commercialization of the COPYRIGHT MATERIAL amongst SOFTWARE amoungst such multiple works between the various groups of Authors and any third parties. It is further agreed that Researcher groups and third party groups shall only be entitled to share the Revenue allocated to their particular COPYRIGHT MATERIALSOFTWARE. 7.6 The Authors acknowledge and agree that the University may support Commercialization through the creation of a startup company. In many circumstances the creation of a startup company will involve one or more Authors taking on an active role in the founding and operationalizing of the startup company’s business activities. Such SOFTWARE founders shall likely be required to invest significant additional time commitment, possibly without compensation for an extended period of time, to support the business activities of the startup. Thus the Authors acknowledge and agree that any Author participating in a substantive startup company founder role way are assuming additional effort and risk which needs to acknowledged in the distribution of any Equity in a startup company which could differ significantly from the Revenue sharing allocations specified in Addendum C. The Authors acknowledge and agree that any Equity in a start up company issued to the University as part of the compensation generated from Commercialization activities shall not be further shared with the Authors or Other Participants in accordance with Addendum “C”. The Authors acknowledge that the formation of a startup company is subject to case-by-case circumstances and negotiations with third party investors and that it is not possible to provide a definitive specification of how Equity allocations shall be distributed amongst the Researchers and the University. However, typically the University secures at a minimum a 5% Equity allocation with certain anti-dilution provisions.