Common use of PATENT ADMINISTRATION Clause in Contracts

PATENT ADMINISTRATION. The CTF shall be the exclusive agent of the University for the administration of inventions and discoveries made within the University and covered under Paragraph 1.A. CTF shall present the disclosures to the Committee. Such report shall state whether CTF has determined that an invention or discovery will be developed by the University. The Committee shall consist of eleven voting members, at least a majority of whom shall be faculty members from the schools and colleges of the University. The members of the Committee and the Chair of the Committee shall be designated by the President of the University. CTF shall render a written semi-annual report to the Chair of the Committee on the disposition and status of all inventions and discoveries submitted. CTF shall as promptly as practicable determine whether an invention or discovery shall be pursued by the University. If the Committee determines that CTF has not filed a patent application within one year after it has received a disclosure in respect of which the University is entitled to claim an interest, the Committee, in consultation with the Inventor, shall determine what other disposition, if any, shall be made of the invention or discovery and of its development.

PATENT ADMINISTRATION. The CTF shall be the exclusive agent of the University for the administration of inventions and discoveries made within the University and covered under Paragraph 1.A. CTF shall present the disclosures to the Committee. Such report shall state whether CTF has determined that an invention or discovery will be developed by the University. The Committee shall consist of eleven voting members, at least a majority of whom shall be faculty members from the schools Schools and colleges Colleges of the University. The members of the Committee and the Chair Chairman of the Committee shall be designated by the President of the University. CTF shall render a written semi-annual report to the Chair Chairman of the Committee on the disposition and status of all inventions and discoveries submitted. CTF shall as promptly as practicable determine whether an invention or discovery shall be pursued by the University. If the Committee determines that CTF has not filed a patent application within one year after it has received a disclosure in respect of which the University is entitled to claim an interest, the Committee, in consultation with the Inventor, Inventor shall determine what other disposition, if any, shall be made of the invention or discovery and of its development.