Inter-Institutional – Lead – Office is managing the prosecution and licensing of the technologies and/or patents. For invoicing of reimbursements under these agreements, a reimbursement account should exist for each technology or patent related to the agreement (established automatically by Innovate for newly created or on-going invoicing. If there is an administrative fee that is associated with the IIA – Lead agreement, that information should be entered and maintained in the header of the agreement. The admin fee percent (or flat fee) data is used for any subsequent license agreements that are related to the IIA technology.
Inter-Institutional – Non-Lead – Other party is managing prosecution and subsequent license agreements. It is recommended to set-up the home organization as the co-owner and the external leading party as the owning organization in the groups section of the agreement.
Appropriate Agreement-Group Type relationship for an Inter-Institutional Non-Lead Agreement
Inter-Institutional – Co-Lead – Responsibilities for prosecution and licensing of the technologies and/or patents in shared. For invoicing of reimbursements under these agreements, a reimbursement account should exist for each technology or patent related to the agreement (established automatically by Innovate for newly created or on-going invoicing. If there is an administrative fee that is associated with the IIA – Lead agreement, that information should be entered and maintained in the header of the agreement. The admin fee percent (or flat fee) data is used for any subsequent license agreements that are related to the IIA technology. If a payment is being made to another intuition for reimbursement of their patent expenses, an account should be set-up as a patent expense – third party. Expenses within accounts of this type are not billable to other IIA’s but are billable to licensees.
Intra-Institutional – Sharing costs within the organization. At times it may be necessary to invoice (for example) a college, lab, or department for expenses incurred. For invoicing to the other organization to be properly recorded in Innovate, create an intra-institutional agreement type and link any technologies or patents for which there is a shared responsibility by utilizing the reimbursement schedule. As with inter-institutional agreements, a warning message will appear when generating an invoice if there is an active license agreement related to any of the technologies or patents.
Tangible Property Agreements/Deposit Agreements – A third party is to receive a portion of revenue. Can be set up similarly to inter-institutional agreements.
