Common use of Right to Receive Royalties Clause in Contracts

Right to Receive Royalties. I understand that if I assign my intellectual property rights to Sponsor, then Sponsor will manage the intellectual property and shall be solely responsible for patenting and commercialization of the intellectual property. Sponsor shall have the sole right and responsibility to determine the extent of United States and foreign patent prosecution, maintenance, enforcement and defense relating to the intellectual property. I understand that if I assign my intellectual property rights to Sponsor, then I will not receive any financial benefit, licensing or patenting assistance, or other financial compensation from the University for that Intellectual Property. Any financial benefit would have to be agreed to in a separate agreement with Sponsor.

Right to Receive Royalties. I understand that if I assign my intellectual property rights Intellectual Property to Sponsor, then Sponsor will manage the intellectual property Intellectual Property and shall be solely responsible for patenting and commercialization of the intellectual propertyIntellectual Property. Sponsor shall have the sole right and responsibility to determine the extent of United States and foreign patent prosecution, maintenance, enforcement and defense relating to the intellectual propertyIntellectual Property. I understand that if I assign my intellectual property rights Intellectual Property to Sponsor, then I will not receive any financial benefit, benefit or licensing or patenting assistance, or other financial compensation assistance from the University for that Intellectual Property. Any financial benefit would have to be agreed to in a separate agreement with Sponsor.

Right to Receive Royalties. I understand that if I assign my intellectual property rights Intellectual Property to Sponsor, then Sponsor will manage the intellectual property Intellectual Property and shall be solely responsible for patenting protection and commercialization of the intellectual propertyIntellectual Property. Sponsor shall have the sole right and responsibility to determine the extent of United States and foreign patent app lic at i o n , prosecution, maintenance, enforcement and and/ or defense relating to the intellectual propertyIntellectual Property. I understand that if I assign my intellectual property rights Intellectual Property to Sponsor, then I will not receive any financial benefit, benefit or licensing or patenting assistance, or other financial compensation assistance from the University for that Intellectual Property. Any financial benefit would have to be agreed to in a separate agreement with Sponsor.

Right to Receive Royalties. I understand that if I assign my intellectual property rights to Sponsor, then Sponsor will manage the intellectual property and shall be solely responsible for patenting and commercialization of the intellectual property. Sponsor shall have the sole right and responsibility to determine the extent of United States and foreign patent prosecution, maintenance, enforcement and defense relating to the intellectual property. I understand that if I assign my intellectual property rights to Sponsor, then I will not receive any financial benefit, benefit or licensing or patenting assistance, or other financial compensation assistance from the University for that Intellectual Propertyintellectual property. Any financial benefit would have to be agreed to in a separate agreement with Sponsor.Form, continued

Right to Receive Royalties. I understand that if I assign my intellectual property rights to Sponsor, then Sponsor will manage the intellectual property and shall be solely responsible for patenting and commercialization of the intellectual property. Sponsor shall have the sole right and responsibility to determine the extent of United States and foreign patent prosecution, maintenance, enforcement and defense relating to the intellectual property. I understand that if I assign my intellectual property rights to Sponsor, then I will not receive any financial benefit, benefit or licensing or patenting assistance, or other financial compensation assistance from the University for that Intellectual Property. Any financial benefit would have to be agreed to in a separate agreement with Sponsorintellectual property.

Right to Receive Royalties. I understand that if I assign my intellectual property rights to Sponsor, then Sponsor will manage the intellectual property and shall be solely responsible for patenting and commercialization of the intellectual property. Sponsor shall have the sole right and responsibility to determine the extent of United States and foreign patent prosecution, maintenance, enforcement and defense relating to the intellectual property. I understand that if I assign my intellectual property rights to Sponsor, then I will not receive any financial benefit, benefit or licensing or patenting assistance, or other financial compensation assistance from the University for that Intellectual Property. Any financial benefit would have to be agreed to in a separate agreement with Sponsor.