Add Allocation Agreement Byline with airSlate SignNow

Add Allocation Agreement byline

i'm matthew kingore grants management specialist in the office of sponsored projects uh here today to discuss allocation of rights this allocation of rights or aor document is a non-monetary agreement establishing the rights between parties to existing and future intellectual property first what is intellectual property these are the legal rights relating to inventions patent applications patents copyrights trademarks masks works trade secrets any other legally protectable information including computer software background intellectual property or bip is any intellectual property that's developed prior to or independent of the reference project and it is important to identify relevant background ip in the aor in order to ensure there are no conflicting rights no questions as to who owns the bip especially if it's incorporated into the project and to specify uses of the bip foreground intellectual property on the other hand is ip made or generated during the performance of the project and this will be a product of the project and ownership is going to be determined by the aor and subsequent agreements so generally ip is addressed in an award document in conjunction with the rest of the terms and conditions when it's necessary to establish iep rights upfront or prior to an award agreement an aor is used so an ar typically grants each party use of project ip non-exclusively and without compensation for the performance of the project it also contains an option to negotiate an exclusive license in a separate agreement if you're submitting an sbir or sttr proposal an aor is required before an executed letter of commitment is provided by our office to the company and this is necessary to ensure that all that background ip is identified and protected while also establishing rights to resulting foreground ip as a member of the university of texas system ip generated by ut dallas employees is owned by the board of regents we cannot assign rights to ip through an aor since sbir and sttr proposals are federally funded the buy dole act set forth at 37 code federal federal regulations 401 applies what we invent we own and what the other party invents they own jointly created inventions are jointly owned so if you have any other questions about aors please reach out to your grants and contract specialists or if you don't know which specialist is assigned to your department email osp utdallas.edu and someone will respond