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 Creator(s) will be entitled to receive fifty percent (50%) of Net Revenues as a result of commercialization of an Invention or Tangible Research Property by the University.
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.