There are many different intellectual property rights in English law. Some are known as copyrights, patents and trademarks; others are less well known, such as moral rights and rights in designs; Some are virtually unknown outside of professional circles, such as. B rights to typographical ordinances and protection rights to plant varieties. All rights to inventions and discoveries resulting from research under this agreement, with the exception of the “Other Inventions” mentioned above, belong to the institution and are eliminated in accordance with the institution`s policy. To the extent that the proponent bears all costs associated with filing, prosecuting, issuing and maintaining the relevant patents, the proponent is granted the right to negotiate, within six (6) months, an exclusive global license for other inventions designed and reduced to practice during the research project or designed during the research project and reduced to practice within six (6) months. This license must include reasonable conditions and royalties and requires careful monitoring on the part of the promoter of the commercial development of these other inventions. In the event that other inventions are designed during this project but are not effectively reduced to practice, such a licensing agreement may also include a provision for the effective reduction of the practice within a reasonable time, either by the sponsor or by the institution under the funding by the sponsor. Ideas, know-how, data (including clinical trial results) and any other intellectual property generated in this clinical trial are the exclusive and exclusive property of the inventive party`s employer. Inventory is determined in accordance with U.S. patent laws.
2.4 In return for the sponsor`s commitment to make the payments described above, the university grants the promoter an option to negotiate an exclusive global license under patent and technology rights, in order to practice each invention and to use any technology that will be made during the research program. This option can be used as follows: if the university considers, after fair detention, that it has a commercial purpose exploitable within the framework of patent rights and technological rights (“article”), it submits the object to the promoter confidentially. Within 30 days of this presentation, the proponent must notify the university in writing if it wishes to make use of its option for this article and a licensing agreement is negotiated in good faith for a period of no more than one hundred and twenty (120) days from the date the proponent exercises its option or a period during which the parties agree. In the event that the sponsor and the university do not reach an agreement during this period, the rights to these inventions and technologies will be eliminated in accordance with the university`s guidelines, without this being no longer mandatory for the sponsor. As long as an object of this type, such as . B a disclosure, patent, patent application or identifiable piece of unpatented technology, has not been presented as stated above, the university may not offer any rights to the object to third parties. 8. Intellectual Property Rights — Involves the recognition that by conducting the study, we do not acquire rights to the study, but that we would give the university ownership of all the university`s inventions developed during the study.