University of Montana
The royalty sharing policy for the University of Montana has remained the same since at least 1999.
Summary
| Institution | Start | End | Flat | $0-10k | $10-50k | $50-100k | $100-300k | $300-500k | $0.5-1M | >$1M | Fee | Lab | More |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| University of Montana | 1999 | 2017 | No | 0.67 | 0.58 | 0.50 | 0.50 | 0.50 | 0.50 | 0.50 | 0 | Yes | No |
Policy Excerpts
1999 Policy
University of Montana Inventions and Patents (1999)
If the inventor elects to acquire title to the invention by assignment, "the inventor shall, in this instance, receive on an annual basis, 50 percent of all net income, defined as gross royalties or other payments, including any recovery of damages obtained by the unit, but less external costs incurred by the unit in obtaining and protecting the patent rights and less any direct costs of development."
If the inventor causes the invention to be assigned to some patent management organization, then "the inventor shall receive on an annual basis 50 percent of all net royalties and other income received by the University from said patent management organization."
Of the unit-retained share of net royalty or other income for any given invention, defined as gross receipts, less external expenditures for that invention and less the inventor's personal share two-thirds of the first $30,000 per year, one-half of the next $30,000 per year and one-third of the remainder will be designated through the unit budget or financial office to support the work of the inventor.
