How are inventor/creator revenues distributed if there are multiple inventors/creators and/or multiple technologies in a license?
The Invention Disclosure Form requires the inventors/creators to reach agreement regarding the allocation of the inventors’/creators’ share of license income. If multiple technologies are included in a single license agreement, when the license agreement is developed, the inventors/creators of the different technologies are asked to agree on the distribution of non-royalty license income (e.g., license initiation fee, maintenance fees, and milestone payments). Royalty income will be allocated to the technology(s) responsible for the royalty income. Should the inventors/creators be unable to agree on revenue allocation, the Office of Technology Licensing will default to equal sharing.
