University of Louisville
The University of Louisville has had two iterations of its royalty sharing policy. The first became effective on July 1, 1998, and the second was adopted on July 1, 2005.
Summary
| Institution | Start | End | Flat | $0-10k | $10-50k | $50-100k | $100-300k | $300-500k | $0.5-1M | >$1M | Fee | Lab | More |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| University of Louisville | 1998 | 2005 | Yes | 0.50 | 0.50 | 0.50 | 0.50 | 0.50 | 0.50 | 0.50 | 0 | No | No |
| University of Louisville | 2006 | 2017 | Yes | 0.50 | 0.50 | 0.50 | 0.50 | 0.50 | 0.50 | 0.50 | 0.05 | No | No |
Policy Excerpts
2006 Policy
University of Louisville IP Policy (2005)
All royalties and other income arising from Intellectual Property in which the Legal Rights are owned by the ULRF shall be administered by the Senior Vice President for Research on behalf of the ULRF in such a manner as it may be determined, provided that, unless otherwise agreed, no less than fifty percent (50%) of the first $25,000 of total net proceeds (total income less expenses directly related to obtaining rights and royalties from such property) shall be paid or assigned to the Creator as income. The remainder shall be maintained and administered by the ULRF for payment of expenses in administering this Policy, for the advancement of Technology Transfer for institutional, academic and research purposes, and for any other activities necessitating monies for the development and execution of this Policy. After the $25,000.00 of total net proceeds threshold is reached, a 5% overhead fee will be applied to the net proceeds received, with no less than fifty percent (50%) of the remainder paid or assigned to the creator as income.
1998 Policy
University of Louisville IP Policy (1998)
All royalties and other income arising from Intellectual Property in which the Legal Rights are owned by the ULRF shall be administered by the Vice President for Research on behalf of the ULRF in such a manner as it may be determined, provided that, unless otherwise agreed, no less than fifty percent (50%) of the annual total net proceeds (total income less expenses directly related to obtaining rights and royalties from such property) shall be paid or assigned to the Inventor(s) as income. The remainder shall be maintained and administered by the ULRF for payment of expenses in administering this Policy, for the advancement of technology development for institutional, academic and research purposes, and for any other activities necessitating monies for the development and execution of this Policy.
