Repository: UIHistories Project: Board of Trustees Minutes - 1942 [PAGE 707]

EXTRACTED TEXT FROM PAGE:

704

BOARD OF TRUSTEES

[November 18

opportunity has been accorded the parties to obtain patent protection for such discoveries. T h e publication, if any, shall contain a description of the investigation and a report of the results and conclusions, and full credit shall be given to the second party and every person who made a significant contribution to the results obtained. (6) All research assistants, mechanicians, clerks, and other help necessary for the effective prosecution of this investigation shall be employed by the University, and paid from the funds provided by the Company. Members of the special staff for this investigation are to be regarded as members of the research corps of the University during their participation therein, and in all respects subject to the rules and regulations of the University and the obligations of members of its staff. It is agreed that all results of experimental work, including patentable discoveries, carried on under the direction of the scientific staff of the University, belong to the University and to the public and shall be used and controlled so as to produce the greatest benefit to the public. It is agreed that if patentable discoveries grow out of the investigation and such discoveries have commercial value, the Company, on payment of the entire cost of securing a patent, shall be given free use of the patent as a non-exclusive licensee, it being agreed that other licensees shall pay the University a royalty which in the opinion of the University is fair to the Company and to the public. T h e Company shall notify the University in writing whether it will pay the costs of filing an application and procuring a patent on any discoveries which may be patentable, within twenty days from the date when the University gives the Company notice of any such discovery. In case the Company does not wish to assume the expense of securing a patent, the University may, in its discretion, do so, and the Company shall be given a non-exclusive license on substantially similar terms as other licensees. (7) T h e Company agrees to pay the University the sum of Six Thousand Dollars ($6,000) in the following manner: the sum of $1,500 on execution of this contract and the remainder in installments of $1,500 on March 1, June 1, and September 1, 1942. Eighty per cent of the money contributed to this investigation shall be held as a special fund and shall be so carried on the books of the Comptroller of the University. Payments from this fund shall be made only on vouchers approved by the Director of the Engineering Experiment Station for this work. At the close of the period covered by this agreement, the Comptroller shall render an accounting to the Company. It is agreed by the Company that they will not under any circumstances use the name of the University of Illinois in any advertisement, whether with reference to the cooperative agreement or any other matter. In witness whereof the undersigned authorized officers of the parties hereto attach their signatures as official representatives and the corporate seals of the respective parties, this day of 1941. [Lines for signatures omitted]

On motion of Mr. Davis, this form of agreement was authorized for use until further notice.

UNIVERSITY O F ILLINOIS P R E S S

Mr. Fornof presented the following report:

A s a committee of one assigned to make an inspection of the University of Illinois Press, permit me to report: Soon after starting study of the functions of the University Press, it became apparent it was necessary to approach the subject from two widely divergent viewpoints: (1) from the mechanical and operating angle and (2) from the standpoint of its function in encouraging and preserving scholarly publications written by faculty members. I was impressed by the scope and volume of work handled by the University Press and I believe it worth while to acquaint the Board members with the report recently submitted by Director Cunningham to President Willard covering production from J u n e I, 1940, to May 31, 1941. It reported 2540