Examples of Tangible Research Property in a sentence
The University may, at any time, elect to terminate or relinquish its rights in any Invention or Tangible Research Property.
Where an Invention or Tangible Research Property is owned by Personnel, Personnel may enter into an agreement with the University, at each party’s discretion, for the performance of commercialization activities such as evaluation, patent protection, marketing and negotiation of licenses.
In the event that an Invention or Tangible Research Property is the creation of more than one Personnel, the provisions of this article apply on a pro rata basis to all the Creators unless a written agreement or Contract states otherwise.
The University reserves to itself and Personnel shall grant a fully paid-up, non-exclusive, royalty-free, irrevocable and non-transferable license to use any Personnel-owned Invention or Tangible Research Property made, discovered or developed using the University’s facilities, support personnel, support services, equipment or materials, for academic and research purposes.
Subject to section 3.3, where Personnel own an Invention or Tangible Research Property according to this Policy, they may, at their sole discretion, make arrangements for protection and Commercialization at their sole expense and benefit.