University Inventions Sample Clauses

University Inventions. The option to negotiate a royalty-bearing commercial license in a designated field of use and territory, for either non-exclusive or exclusive rights in each UNIVERSITY Invention, which SPONSOR may elect by written notice to UNIVERSITY no later than six months after UNIVERSITY’s notice of Invention disclosure. The negotiation period for the license shall be three months from the date of notice of election. If the parties have not entered into a license before the end of the negotiation period, then UNIVERSITY may license the Invention to third parties without further obligation to SPONSOR.
University Inventions. Any Inventions, whether patentable or not, solely invented by University shall be the sole and exclusive property of University (“University Inventions”).
University Inventions. The Government and the University shall have rights in any Invention conceived in the performance of work under this Agreement by employees of the University in accordance with the provision of Department of Energy's (DOE) Management and Operating (M&O) contract with the University, subject to the Sponsor obtaining upon notice to the DOE Patent Counsel, a nonexclusive, nontransferable, irrevocable, paid-up license to practice said Invention throughout the world. Sponsor further has the first option to negotiate with the University for an exclusive license in a pre-negotiated field of use on reasonable terms and conditions. This Option shall expire six (6) months after the conclusion of the work under the Statement of Work.
University Inventions. Any Inventions, whether patentable or not, solely invented by University shall be the sole and exclusive property of University (“University Inventions”). If University conceives and reduces to practice any Invention directly related to this Project Proposal, University shall promptly and in any case within thirty (30) days after becoming aware of the Invention, fully disclose in writing to Company such Invention. All invention disclosures by University exchanged under this Agreement will be kept confidential by the Parties.
University Inventions. For each UNIVERSITY INVENTION created during the term of this AGREEMENT, the UNIVERSITY hereby grants the RESEARCH COLLABORATOR an option on the terms set forth in this section to enter into a royalty-bearing, non-exclusive license. The option exercise period shall commence on the date on which the UNIVERSITY delivers to the RESEARCH COLLABORATOR written notice of the creation of the UNIVERSITY INVENTION and shall end ninety (90) days thereafter. The RESEARCH COLLABORATOR may exercise this option by delivering to the UNIVERSITY a written notice of exercise during the option exercise period. Upon such exercise, the RESEARCH COLLABORATOR and the UNIVERSITY shall promptly enter into good faith negotiations with a view towards entering into a royalty-bearing, non-exclusive license on a commercially reasonable basis in RESEARCH COLLABORATOR’s field of use. (RESEARCH COLLABORATOR acknowledges that this option to a royalty-bearing, non- exclusive license is granted to all Associate and Partner research collaborators in the CONSORITUM. If no other research collaborator of the CONSORTIUM exercises a similar option to the UNIVERSITY INVENTION, the UNIVERSITY may offer to grant the RESEARCH COLLABORATOR a royalty-bearing, exclusive license.) This section shall apply only to UNIVERSITY INVENTIONS (i) that were funded, in whole or part, by CONSORTIUM funds, and (ii) are free of any rights granted by the UNIVERSITY to the United States of America or any other research sponsor.
University Inventions. UNIVERSITY shall have sole title to: (i) any invention conceived or first reduced to practice solely by employees and/or students of UNIVERSITY in the performance of the Research (each an “UNIVERSITY Invention”); and (ii) any invention conceived or first reduced to practice by FARDA’s personnel with significant use of funds or facilities administered by UNIVERSITY, if the invention is conceived or reduced to practice other than in the performance of the Research. FARDA shall be notified of any UNIVERSITY Invention promptly after a disclosure is received by UNIVERSITY’s OTD. UNIVERSITY may (i) file a patent application at its own discretion, or (ii) shall do so at the request of FARDA and at FARDA’s expense, provided FARDA notifies UNIVERSITY within thirty (30) days of its receipt of the invention notice from UNIVERSITY.
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University Inventions. University inventions are any results generated exclusively by the employees of the univer- sity/research institute (hereinafter: “university inventions”). The university/research insti- tute shall have all rights to these inventions. [Clause 6.2 only under Alternative 1] 6.2 After their establishment, the contracting party entitled to the inventions under Clause 6.1 shall be assigned all rights to the relevant inventions by the other contracting party. 6.3 In the event that an application is filed in accordance with Clause 8, the university/research insti- tute shall grant the industry partner an exclusive option to obtain an exclusive, worldwide and unlimited licence (with the right of sub-licensing) to use the university inventions within the scope of the subject matter of the Agreement upon conclusion of the Agreement. The industry partner shall have the right to exercise this option by issuing a written declaration to the univer- sity/research institute within ten (10) months after filing of a patent application for university invention, and the contracting parties shall subsequently negotiate a licence agreement under the conditions specified in Clause 13, acting in good faith and assuring that the university/research institute receives an appropriate remuneration. The industry partner shall have the right to request that the university/research institute extend the deadline in relation to this option ate reasonable conditions, to be agreed in each individual case. 6.4 In order to ensure that the allocations referred to in Clause 6.1 can take effect, each contracting party is obliged to fully avail of any inventions or assign them according to the rules in Clause 8. 6.5 The university/research institute shall not include additional employees covered under Section 42 (2) ArbEG in the subject matter of the Agreement until they have agreed to adhere to the obli- gations under this Agreement by way of a declaration based on the sample declaration attached as Annex 3. In Annex 4, the contracting parties have already specified the employees of the uni- versity/research institute covered under Section 42 ArbEG who are to be involved in perfor- xxxxx of the Agreement. Relevant declarations of these persons in accordance with Annex 3 are attached to this Agreement. 6.6 Furthermore, the university/research institute agrees that it will not allow third parties who are not covered by the ArbEG to participate in the subject matter of the Agreement until they have...
University Inventions. Any invention or discovery conceived and reduced to practice solely by employees of University in the performance of research supported by this Agreement (“University Invention”) shall be the sole property of University and shall be disposed of in accordance with University's policies. University Inventions shall also include any invention or discovery conceived and reduced to practice by Sponsor personnel during the performance of research conducted in University facilities under this Agreement, whether solely or jointly with University personnel.
University Inventions. The Parties acknowledge and agree that so long as Xx. Xxxxxxx is employed by Michigan State University (“MSU”), he is subject to the MSU Patent Policy that results in MSU owning the rights to any discovery or invention which (a) results from research carried on by, or under the direction of, any employee of MSU which is supported by MSU funds or by funds controlled or administered by MSU, or (b) results from an employee’s duties with the University, or (c) has been developed in whole or in part through the utilization of MSU resources or facilities not available to the general public (“University Inventions”). The Parties acknowledge and agree that NTIC does not desire to receive consulting services that will result in University Inventions. The Consultant and Xx. Xxxxxxx covenant and agree to (a) provide the consulting services in a manner that does not result in the creation of University Inventions, unless expressly authorized by NTIC, and (b) refrain from using MSU facilities, equipment, or funds controlled or administered by the MSU in the performance of the consulting services unless requested by NTIC and in accordance with MSU policy. To the extent the Consultant or Xx. Xxxxxxx believe the requested consulting services will result in a University Invention they will notify NTIC prior to rendering such services, and receive NTIC’s express written approval prior to providing such services.
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