University of Alabama in Birmingham (UAB)
UAB's patent policy was approved in 1980 by the Board of Trustees. The current version was approved by the university president in 1986.
Summary
| Institution | Start | End | Flat | $0-10k | $10-50k | $50-100k | $100-300k | $300-500k | $0.5-1M | >$1M | Fee | Lab | More |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| University of Alabama in Birmingham (UAB) | 1986 | 2017 | No | 0.75 | 0.56 | 0.50 | 0.30 | 0.30 | 0.30 | 0.30 | 0.15 | No | No |
Policy Excerpts
1986 Policy
As further consideration for the assignment rights set forth herein, the Presidents or their designees on the inventors' campuses are authorized to enter into an agreement with the inventor to pay to the inventors, their heirs or assigns, the following percentage of the royalties, fees, or other financial returns received by the University from such invention after a deduction of fifteen percent (15%) thereof for overhead costs, plus a deduction for costs of patenting and protection of patent rights.
The percentage paid to the inventor is seventy-five percent (75%) of accumulated royalties of twenty thousand dollars ($20,000) or less; fifty percent (50%) of accumulated royalties of one hundred thousand dollars ($100,000) or less, but greater than twenty-thousand dollars ($20,000) and thirty percent (30%) of accumulated royalties greater than one hundred thousand dollars ($100,000), payment to be made quarterly.
