Examples of Invention Notice in a sentence
Parties will treat Invention Notice in confidence and will not further disclose or use the same in ways not previously approved in writing by disclosing Party.
Each Party will notify the other, in writing (“Invention Notice”), within thirty (30) days of reduction to practice or knowledge of conception or discovery of an Invention solely made by employees, students and/or researchers of a Party, or of a Joint Invention, and each Invention Notice will describe the Invention with sufficient specificity to allow assessment by the other Party.
Sponsor will have an exclusive 100-day option period to review all Work, Work Products, Inventions, and Reports (“Option Period”) beginning from the time SDSU sends a report or Invention Notice detailing the Invention to negotiate an appropriate licensing agreement, but will not have any rights to Background Intellectual Property unless it is included in a future license.
In addition, VistaGen hereby assigns all right, title and interest in and to any unexercised or future option available to VistaGen pursuant to Section 4.3 of the VistaGen SRA, through which VistaGen may obtain an exclusive license to any Resulting IP (as defined in the VistaGen SRA) in the field set forth in [*****] Apollo Field of Use disclosed in such Invention Notice.
VistaGen covenants and agrees to promptly notify Apollo (but in no event later than [*****] after receipt) in the event it receives any Invention Notice (as defined in the VistaGen SRA) applicable to [*****] the Apollo Field of Use from UHN following the Effective Date.
When a University Invention is not encumbered by the licensing rights of commercial third parties, the Licensing Office shall notify the director of the Center, who will promptly submit the Invention Notice to the Company.
Except as provided in Section 1.10, the Company may for a period of sixty (60) days after the Company's receipt of the Invention Notice elect to seek patent protection for any University Invention or Selected Invention with respect to which it negotiates a license.
TAES shall promptly disclose to CERES any Subject Invention pursuant to an Invention Notice.
If Employee lives or works in Washington, California, Illinois, or in any other state mentioned in the Invention Notice section of the policy, then the above assignment does not apply to inventions described in the Invention Notice for Employee’s state.
The Center Faculty will promptly notify the Office of Technology Licensing of the University's School of Medicine (the "Licensing Office") in writing of any University Invention or Selected Invention (the "Invention Notice").