Repository: UIHistories Project: Board of Trustees Minutes - 1982 [PAGE 130]

EXTRACTED TEXT FROM PAGE:

1980]

UNIVERSITY OF ILLINOIS

119

T h e original five-year contract awarded to the College of Medicine resulted in an award of $9,724,056. Extension contracts awarded for the sixth and seventh years were for $2,599,995 and $2,332,000 respectively. This modification adjusts the total AHEC contract award for the nine-year funding cycle to $17,096,829. T h e chancellor at the Medical Center has recommended approval of the contract. T h e vice president for academic affairs and the executive vice president concur. I recommend approval.

On motion of Dr. Donoghue, this recommendation was approved. Cooperative Investigation Agreements: J. T. Baker Chemical Company, General Electric Company, and Morris Animal Foundation

(13) T h e University Patent Committee, as required under The General Rules Concerning University Organization and Procedure, has reviewed requests for preferential treatment in three cooperative investigation agreement proposals from J. T . Baker Chemical Company, General Electric Company, and Morris Animal Foundation. T h e committee recommends that preferential treatment be accorded as follows: 1. / . T. Baker Chemical Company — T h e University agrees to grant to ,T. T. Baker Chemical Company the right of first refusal for a period of six months to negotiate for an exclusive license to use any patents arising from this sponsored investigation at a royalty rate of not less than 2 percent of net sales. The exclusive license is limited to a period of six years unless J. T . Baker Chemical Company has developed and marketed products on subject patent in that period of time. 2. General Electric Company — The University agrees to grant a nonexclusive paid-up license to make, use, and sell products from any invention covered by a patent arising from this investigation in consideration of a payment from General Electric of a sum equal to 10 percent of the amount supporting the cooperative investigation. T h e University further agrees that should the University or its assignee not file a patent application within six months after receiving opinion that the discovery is patentable, the University shall, upon request, transfer the patent rights to General Electric. 3. Morris Animal Foundation — The University agrees to share with Morris Animal Foundation 50 percent of the net income received by the University derived from any patent generated by the Morris Animal Foundation cooperative investigation support. (Net income means net proceeds received by the University of Illinois after all costs, including inventor's share.) I concur.

On motion of Dr. Donoghue, this recommendation was approved. Recommendations of the University Patent Committee

(14) T h e University Patent Committee has submitted the following recommendations relating to discoveries and developments by staff members. Background information concerning these recommendations has been sent to the Committee on Patents of the Board of Trustees. 1. Coal Char Which Is Highly Susceptible to Chemical Beneficiation — Carl W. Kruse, chemist, State Geological Survey, Neil F. Shimp, principal chemist, State Geological Survey, Roy J. Helfinstine, mechanical engineer and head of minerals engineering section, State Geological Survey, and Jimmie D. Cooper, technical assistant, State Geological Survey, Urbana, inventors; developed with support from the United States Environmental Protection Agency.