Common use of Ad Hoc Intellectual Property Claims Committee Clause in Contracts

Ad Hoc Intellectual Property Claims Committee. Controversies or claims arising out of the Board’s Intellectual Property Policy, or agreements between Creator and the University delineating individual and University rights, claims, and responsibilities, or the breach thereof, may be handled by a five- member ad hoc Intellectual Property Claims Committee (“Claims Committee”) constituted of University employees as follows: Upon written request by an interested party to the Vice Chancellor for Research (“VCR”), s/he shall direct the University’s Intellectual Property Committee (UIPC) to constitute a Claims Committee within thirty (30) days of receipt of the request, unless mutually agreed otherwise. If a claimant is a Faculty member, the VCR shall also forward this request to the Association President within five (5) days of receipt. The five-member Claims Committee shall consist of two (2) members selected by the UIPC, two (2) members selected by the Creator, and a fifth member, who shall be the chairperson, being selected by the four members so chosen. The Senior Technology Transfer Specialist in Office of Sponsored Projects (“OSPA”) shall serve as a non-voting, ex officio member of the Claims Committee, present at meetings solely for the purpose of responding to questions about technical issues. After hearing the evidence, the Claims Committee shall provide the VCR and, if the claimant is a Faculty member, the Association President, in writing, a remedy to resolve the dispute, with a copy sent to the claimant. In the event the Claims Committee fails to render a majority decision within thirty (30) days of the final date of the hearing, or the interested parties mutually agree, the dispute shall be submitted to the American Arbitration Association in accordance with its Commercial Arbitration Rules. If either party objects to the decision, the dispute may be submitted to the American Arbitration Association in accordance with its Commercial Arbitration Rules. The cost of arbitration shall be paid by the party objecting to the decision.