Repository: UIHistories Project: Board of Trustees Minutes - 1976 [PAGE 490]

EXTRACTED TEXT FROM PAGE:

1975]

UNIVERSITY OF ILLINOIS

479

versity Patents, Inc., as agent of the University of Illinois Foundation, are being renegotiated. Although changes will be made in the course of preparing recommendations to the Board of Trustees, the substantive terms now under discussion are as follows: 1. In consideration of the use and ultimate transfer of title of the CDC computer equipment as specified in an equipment agreement, the University, for a period of seven years (subject to cancellation by either party), would agree to: a. Grant or provide certain licenses to CDC in relation to the PLATO system and computer-based education programs, including new developments and improvements made during the life of the agreement. b. Provide technical and consulting assistance to CDC. c. Perform specific research and development projects in cooperation with CDC, as determined by a joint University and CDC committee, and grant CDC exclusive rights to inventions thereunder. 2. Royalty payments under the various patent license agreements would be combined in a single payment based on the number of terminals on a system at the rate of 1 percent on the first 20,000 terminals, l'/i percent on the next 20,000 terminals, and 2 percent thereafter. 3. A separate software license agreement would provide for separate royalty payments on a different basis. 4. The University and CDC would cooperate in the development of courseware agreements. Renegotiations are continuing, and recommendations will be presented to the Board in due course. T h i s r e p o r t w a s r e c e i v e d for r e c o r d .

Purchases

(16) The President submitted, with his concurrence, a list of purchases recommended by the Directors of Purchases and the Vice President for Administration. The list of purchases was presented in two categories: purchases from appropriated funds (i.e., from State appropriations to the University) and purchases from institutional funds. The latter term designates funds received by the University under contracts with the United States government, private corporations, and other organizations; grants from foundations, corporations, and other donors; and University revolving funds authorized by law. The total amounts of these purchases were: From Appropriated Funds Recommended From Institutional Funds Recommended Grand Total $ 82 839 00 540 317 88 $623 156 88

A complete list of the purchases, with supporting information, including the quotations received was sent to each member of the Board in advance of the meeting, and a copy is being filed with the Secretary of the Board for record.

The student advisory vote was: Aye, Mr. Conlon, Mr. Summers, Mr. Szegho; no, none. O n motion of Mr. Forsyth, the purchases recommended were authorized by the following vote: Aye, Mr. Forsyth, Mr. Hahn, Mr. Howard, Mr. Lenz, Mr. Livingston, Mr. Neal, Mrs. Rader, Mrs. Shepherd, Mr. Velasquez; no, none; absent, Governor Walker.