Patent Evaluation Criteria definition

Patent Evaluation Criteria means the TAEUSworks™ criteria referenced in Section 3.4.2 and available from PBI used to assign a numeric score to a patent following an Evaluation and Validation of a PatentBook Patent to determine the proper classification of PatentBook Patent into Tier 1, Tier 2, or Tier 3.

Examples of Patent Evaluation Criteria in a sentence

• Independent Patent Evaluators shall validate such patents according to the same TAEUSworks Patent Evaluation Criteria.

• If Publisher (Licensor) believes that a patent should be classified as a Tier 1 or Tier 2 Patent, or if the PatentBook Administrator suggests to the Publisher (Licensor) that one or more of its patents should be assigned to Tier 1 or Tier 2 the Publisher (Licensor) may perform at its cost an “Evaluation" of each such patent according to criteria set forth in TAEUSworks Patent Evaluation Criteria, resulting in a numerical score for such Patent.

• Any patent selected for inclusion in the PatentBook will be assigned to Tier 3 unless Publisher (Licensor) has the patent evaluated according to the publicly available TAEUSworks™ Patent Evaluation Criteria.