12.07.2015 Views

Master of Business Administration (Financial Services)

Master of Business Administration (Financial Services)

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23.15 The Board makes no claim to any invention, improvement, design or developmentmade by a Member without the use <strong>of</strong> the Board's funds or support or technicalpersonnel. The payment <strong>of</strong> a regular salary to a Member and the provision <strong>of</strong> an academicenvironment in which to work shall not be construed as the use <strong>of</strong> the Board's funds orsupport or technical personnel in interpreting this Clause 23.15 or others in Article 23.Any claim that the Board may wish to make on any invention, improvement, design ordevelopment made by a Member shall be stated in writing at the time monies other thanregular salary or support or technical personnel are provided.23.16 Members have no obligation to seek patent protection for the results <strong>of</strong> their workor to modify their research to enhance patentability. Members also have the unqualifiedright to publish their inventions, improvements, designs and developments.23.17 Members shall have the right to process applications for patents and the right toprocess such patents either on their own or through Nova Universities Technology Inc.,or other similar agency with which the Board may have an agreement. The Board agreesnot to modify, change, alter or abandon its agreement with Nova Universities TechnologyInc., or other similar agency without consulting the Association through the AssociationBoard Committee.23.18 Members who process applications for patents through the Board's agreement withNova Universities Technology Inc., or other similar agency may be required to sign anagreement governing proceeds and other terms.23.19 Where Members make their own arrangements to patent an invention which hasinvolved the use <strong>of</strong> the Board's funds or support or technical personnel, such Membersshall grant fifty percent <strong>of</strong> the net proceeds to the Board.23.20 Disputes about patents may be referred to the Committee on Patents andCopyrights.309

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