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Governance and Management

Intellectual Property

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8) Royalty Payments and Other Consideration

8.1       The University recognises the mutual relationship which it seeks to foster between itself and University Employees.

8.2       The net proceeds received as a result of exploitation shall be distributed in accordance with the division as set out in the operational guide.

8.3       Where more than one IP generator is involved, the distribution of their share of the income between themselves shall be for them to determine.  Should an IP generator subsequently leave the service of the University there shall be no consequential change to the royalties which the Inventor receives.  In the event of the IP generator’s death, entitlement to royalties shall transfer to the IP generator’s estate.

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