Common use of PATENT ADMINISTRATION Clause in Contracts

PATENT ADMINISTRATION. Unless otherwise determined in specific instances by the Medical Center Committee on Inventions and Discoveries, the Community Technology Foundation of Boston University ordinarily shall be the agent of the Medical Center for the administration of inventions and discoveries covered under Paragraph 1A made within the Medical Center, subject to the terms herein. The Community Technology Foundation Patent Administrator shall present the disclosures to the Medical Center Committee on Inventions and Discoveries. The membership of that Committee shall consist of an equal number of representatives from each of Boston University and University Hospitals, all designated by the Director of the Medical Center. The Chairman of the Committee shall be designated by the Director of the Medical Center after consultation with the President of Boston University and the President of University Hospital. It shall be the Committee's responsibility to determine whether an invention or discovery is worth further development, and how to proceed with the development, including such delegation to the Community Technology Foundation Patent Administrator of duties and authority with respect to the development as the Committee shall determine. Community Technology Foundation shall render a written semiannual report to the Director of the Medical Center and the Committee on the disposition and status of all inventions and discoveries submitted. If the Committee determined that Community Technology Foundation has not filed a patent application within one year after it has received a disclosure, the Committee, in consultation with the inventor, shall determine what other dispositions, if any, shall be made of the invention or its discovery and its development.

Appears in 1 contract

Sources: Research and License Agreement (Nitromed Inc)

PATENT ADMINISTRATION. Unless otherwise determined in specific instances by the Medical Center Committee on Inventions and Discoveries, the Community Technology Foundation of Boston University ordinarily shall be the agent of the Medical Center for the administration of inventions and discoveries covered under Paragraph 1A made within the Medical Center, subject to the terms herein. The Community Technology Foundation Patent Administrator shall present the disclosures to the Medical Center Committee on Inventions and Discoveries. The membership of that Committee shall consist of an equal number of representatives from each of Boston University and University HospitalsHospital, all designated by the Director of the Medical Center. The Chairman of the Committee shall be designated by the Director of the Medical Center after consultation with the President of Boston University and the President of University Hospital. It shall be the Committee's responsibility to determine whether an invention or discovery is worth further development, and how to proceed with the development, including such delegation to the Community Technology Foundation Patent Administrator of duties and authority with respect to the development as the Committee shall determine. Community Technology Foundation shall render a written semiannual report to the Director of the Medical Center and the Committee on the disposition and status of all inventions and discoveries submitted. If the Committee determined that Community Technology Foundation has not filed a patent application within one year after it has received a disclosure, the Committee, in consultation with the inventor, shall determine what other dispositions, if any, shall be made of the invention or its discovery and its development.

Appears in 1 contract

Sources: Research and License Agreement (Nitromed Inc)