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    IPR Royalty Agreement

    Uploaded by

    vasu pradeep

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd

    IPR Royalty Agreement

    Uploaded by

    vasu pradeep
    1 views1 page

    Copyright

    © © All Rights Reserved

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    PDF, TXT or read online from Scribd

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    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    1 views1 page

    IPR Royalty Agreement

    Uploaded by

    vasu pradeep

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    You are on page 1of 1

    Annexure-3: Suggestive list of items to be included in the formal Agreement

    The prospective Industry/ Industry Consortium and the Institute(s) shall enter into
    an agreement for the purpose of distribution of responsibilities, IPR sharing,
    sharing of royalty/lumpsum, and know-how transfer mechanism from the
    institute(s) to the Industry/ Industry Consortium. The agreement shall cover the
    following items:

    i. Name of the product/ sub-assembly to be developed under the project;


    ii. Responsibilities of Industry/ Industry Consortium, and the Institute(s);
    iii. Protection of intellectual property generated out of the project;
    iv. The manner of sharing Intellectual property and the rights associated with
    it between Industry/ Industry Consortium and the Institute(s);
    v. The manner of transferring know-how generated in the project by the
    institute(s) to the Industry/ Industry Consortium;
    vi. The royalty received by the Institute would be shared with the core project
    team at the institute, as per the Institute rules; and
    vii. Confirmation to the effect that the Industry/ Industry Consortium and the
    Institute shall duly acknowledge the support of the DeitY in the
    professional literature and commercial/ publicity material.

    *****

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