UIHistories Project: A History of the University of Illinois by Kalev Leetaru
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Repository: UIHistories Project: Board of Trustees Minutes - 1964 [PAGE 498]

Caption: Board of Trustees Minutes - 1964
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1963]

UNIVERSITY OF ILLINOIS

453

Trustees has released its rights to this invention to the University of Illinois Foundation, and the latter requests that a percentage of the net income which may be received from the royalties be assigned to the inventor. The Patent Committee recommends a distribution of 15 per cent of any net income to the inventor. I concur in these recommendations. On motion of Mr. Swain, these recommendations were approved. On motion of Mr. Hughes, the Board adjourned.

A. J. JANATA HOWARD W. CLEMENT

Secretary

President