Harvard also offers options agreements for companies considering licensing Harvard technology. 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. 6.1 The licensee acknowledges and accepts that neither the licensee nor the members of its board of directors, senior managers, employees, nor representatives are liable for losses or damages resulting from the provision or provision of the assets by the licensee under this agreement or the use of the assets by the policyholder or his associates; and the taker frees the licensee from liability, loss, damage or debt. 1.4 "Intellectual property rights": all rights to and from all copyrights, trademarks, trade names, design, patents, know-how (business secrets) and any other rights arising from intellectual activity in the industrial, scientific, literary or artistic field, as well as any application or right to apply for the registration of any of these rights and any right to the protection or enforcement of those rights. , as specified in Section 5. 1.2 "confidential information," information that is by nature confidential;b. is written down to be classified as confidential by the licensee;c. the licensee knows whether it is confidential or whether it should reasonably know; Information contained in or related to the licensee`s intellectual property rights. Access to Harvard`s innovations should be as simple as possible.
Our licensing agreements are fair and reasonable, and experienced OTD employees will work with you to help you achieve your business goals. To give you an idea of how these licenses are taking shape, we are pleased to provide you with a series of illustrating examples. If you have any questions about these examples, please contact us. 8.6 The licensee acknowledges that: a. the asset is not prepared to meet the specific requirements of a party, including the requirements of the taker; (b) it is therefore the responsibility of the licensee to ensure that the asset complies with its individual requirements. To view type trust agreements, hardware transfer agreements or research cooperation agreements, please return to our standard agreements site. 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. 18.1 This agreement contains the entire agreement between the parties and replaces all prior written or written agreements, commitments or agreements. In addition, this agreement can only be amended, amended or amended by a written agreement signed by both parties. The payment under this licence takes the form of royalties payable at pre-defined intervals.
The licensee is also required to keep detailed royalty records. This license is suitable for both product patents and process patents (it can cover both in the same document). This type of agreement allows Harvard researchers who are creating a new licensed business without difficulty to copyrighted non-patentable software that they have developed as part of the faculty`s research efforts. In cases where there are patentable topics such as unique algorithms, please read the "Exclusive Basic License" agreement model published above. The terms of this license are essentially identical to those of the patent licensing agreement, which is also obtained from Simply-docs