CNPI definition
Examples of CNPI in a sentence
Joint scientific meetings between GLADSTONE and CNPI shall occur quarterly during the term of this Agreement to discuss the results generated under the Research Program and to consider modifications to the Research Program based upon such results.
CNPI shall be granted rights under the Option/License Agreement to GLADSTONE's and The Regents' interest in New Inventions in the Field in accordance with the terms thereof and CNPI shall be granted rights under The Regents' interest in New Inventions outside the Field in accordance with Section 6.4 below.
All rights to New Inventions made jointly by GLADSTONE's employees or agents with one or more employees or agents of CNPI and arising from research conducted under this Agreement shall belong jointly to GLADSTONE/Regents and CNPI.
CNPI shall cause its employees and agents to assign all rights to New Inventions to CNPI.
CNPI understands that the California Education Code section 92000 provides that the name "University of California" is the property of the State of California and that no person shall use that name in a manner prohibited by the said Section 92000 without the permission of The Regents.
GLADSTONE shall monitor expenditures in accordance with its policies to ensure that the funds provided by CNPI are properly spent in the performance of the Research Program.
Should the Principal Investigator leave GLADSTONE or otherwise become unavailable during the term of this Agreement, GLADSTONE may nominate a replacement, subject to the approval of CNPI.
If CNPI elects not to exercise its option under the Option Agreement or fails to properly do so within the aforementioned six (6) month period, then The Regents may terminate the Option Agreement in accordance with its terms.
As applicable, the Contractor must complete the Community Initiative Status Form in Module 3, Initiative List, Section A and Section B Targets CNPI.
If CNPI properly exercises its option under the Option agreement, then CNPI and The Regents shall negotiate the License Agreement or amendment(s) thereto (as the case may be) as provided in the Option/License Agreement.