SUBJECT: Revenue Sharing AgreementRevenue Sharing Agreement • June 6th, 2024
Contract Type FiledJune 6th, 2024TCC holds the assignment of invention of the oyster dome, provided March 26, 2019. This Revenue Sharing Agreement establishes the financial relationship of Bob Ballard and/or Mary Ballard and the College, related to revenue generated by the intellectual property. TCC agrees to pay Bob Ballard and/or Mary Ballard 40% of the revenue generated by the College’s ownership of the oyster domes.
SUBJECT: Revenue Sharing AgreementRevenue Sharing Agreement • May 9th, 2024
Contract Type FiledMay 9th, 2024TCC holds the assignment of invention of the oyster dome, provided March 26, 2019. This Revenue Sharing Agreement establishes the financial relationship of Bob Ballard and/or Mary Ballard and the College, related to revenue generated by the intellectual property. After initial recovery of costs, TCC agrees to pay Bob Ballard and/or Mary Ballard 40% of the revenue.