AG 1992 01 06 - Laserfiche WebLink

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Reimbursements shall be made to UNIVERSITY for cost incurred in the RESEA~RCH PROGRAM on the following basis: ae be within (30) days of the effective date of this agreement, fifteen (lS) percent of the total budgeted amount for planting, or $60,000.00. Thereafter, five equal payments of fifteen (15) percent, or $60,000.00 will be made at quarterly intervals beginning April 15, 1992 and ending on April 15, 1993. The remaining ten (t0) percent, or $40,000.00 will be dispersed in four (4) equal installments of $10,000.00 on November 15, 1993 and April 15, 1994, 1995, and 1996. Reimbursements for surveying support services ($45,600.00) shall be made to UNIVERSITY within 45 days of completion of such services. 6. INVENTIONS a. UNIVERSITY shall promptly disclose to COUNTY any and all inventions or improvements, whether patentable or not, arising out of the RESEARCH PROGRAM, which are conceived or made by employees of UNIVERSITY solely and jointly with COUNTY employees, and the course of preparing for or providing research services pursuant to this Agreement, and/or which are based on COUNTY information (including materials) required to be held in confidence pursuant to this Agreement (said inventions or improvements being collectively referred to hereinafter as "Collaborative Inventions"). b. All rights in any Collaboration Invention conceived or reduced to practice solely by employees of UNIVERSITY in the performance of the RESEARCH PROGRAM shall remain with UNIVERSITY. c. All rights in any Collaborative Invention conceived or reduced to practice jointly by at least one employee of each of University and COUNTY shall be jointly and indivisibly shared by the parties (35 U.S.C. 262). d. COUNTY may request that patent applications be filed on such inventions or improvements, as set forth in Paragraph 9 hereof. However, University shall use its discretion as to whether or not to file patent applications for University inventions. 7. ROYALTY a. With respect to such of the Collaborative Inventions as are based on COUNTY information required to be held in confidence hereunder or which are contributed to by one or more COUNTY employees, UNIVERSITY hereby grants to COUNTY its shareholders affiliates, a worldwide, exclusive license under any and all of UNIVERSITY's rights in such inventions, together with the right to sub-license. For the purpose of this paragraph 7(a) only, chemical samples supplied by COUNTY for the RESEARCH PROGRAM shall not be considered information to be held in confidence. b. With respect to Collaborative Inventions conceived solely by employees of UNIVERSITY, UNIVERSITY hereby grants to COUNTY the first right of refusal to negotiate for a non-exclusive or exclusive royalty bearing license° c. Any patent license shall include at a minimum terms regarding the diligence, payment of patent cost by COUNTY and royalties.