University of Rochester Model Exclusive License Agreement
FOR DISCUSSION PURPOSES ONLY
EXCLUSIVE PATENT LICENSE AGREEMENT
This agreement (hereinafter "Agreement"), effective as of this
(hereinafter the “Effective Date”), is by and between the University of Rochester, an
educational institution chartered by the State of New York and having its principal place of
business at 601 Elmwood Avenue, Box OTT, Rochester, New York 14642 (“University”) and
, a corporation organized and existing under the
laws of the State of __________ and having a place of business located at
University is the owner by assignment of the Patent Rights as defined below.
1.2 University desires that the Patent Rights be used as soon as possible for the development of
products and processes for public use and benefit, and to this end desires to license the Patent
Rights to a company capable of such development.