A license for patent rights held by Harvard is subject to conditions similar to those provided in the form agreements in the links below. Some concepts can be changed to take into account the clear aspects of each situation. In particular, financial conditions are established on the basis of the technology granted, the licensee`s business model and the market standards in the sector in which the taker operates. It is often possible (and often requested by the licensee) to enter into a personalized consulting agreement with one or more inventors of a technology. Such negotiations are separate from the licensing transaction, but often very relevant to their outcome. Ei negotiates reasonable terms in our licensing agreements to protect the rights of the inventor and the university. Many of them are fairly generic, but some of the most important points we need to address when preparing for a licensing agreement are: Harvard also offers option agreements for companies considering licensing at Harvard. An option agreement allows a company to “keep” a technology for a short period of time during which the company can continue to assess its potential or find funds for product development without committing or harvard to comply with the obligations of a licensing agreement. Options are typically six months to a year and generally require both overcharging fees and a refund of patent tracking for the duration of the option. Any person, company or organization wishing to use University of Washington trademarks in one way or another for any purpose must be authorized. The university has entered into a licensing agreement with CLC on its behalf.

There are different types of licensing agreements: Unitectra creates the licensing agreement for you and reviews every contract you have received from an industrial partner. We also help you find a suitable business partner. Unitectra is conducting negotiations with the licensee to optimize the agreement for you. Under U.S. law and without agreement to the contrary, if there are co-inventors at other universities, each can operate the patent without financial accounting for the others. This is why the university generally negotiates an inter-institutional agreement with the other university in order to be able to commercialize the invention in common with the rights of higher education.