Common use of Sponsor Supported Efforts Clause in Contracts

Sponsor Supported Efforts. Income derived from sponsor-supported efforts shall be disbursed in accordance with the specific terms of governing contractual or grant documents. Income derived from copyrighted materials or patents shall be disbursed in accordance with stated College policies when the contract or grant document is silent as to disbursement of royalties or times of value.

Sponsor Supported Efforts. Income derived from sponsor-sponsor supported efforts shall be disbursed in accordance with the specific terms of the governing contractual or grant documents. The College and the author/creator/inventor shall be governed by the conditions of the applicable grant or contract. Income derived from the copyrighted materials intellectual property or patents shall be disbursed in accordance with the stated College policies when the contract or grant document is silent as to disbursement of royalties or times items of value. Responsibility for associated costs and registration of any copyright or patent shall be negotiated and identified in a written agreement.