Industry
Evaluation & Agreements
Option Evaluation Agreement
Often a company may want an exclusive right to perform a rigorous assessment
of a technology’s potential in the marketplace. In such instances,
we can offer the company the opportunity to enter into an Option Agreement
whereby GMU will agree not to negotiate a license with another company
for the technology during the option period. Typically there is a one-time
fee associated with securing an option of this nature.
Non-Disclosure
Agreement (NDA)
In order to maintain maximum patent protection, prior
to discussing a technology with a faculty member or the Office of Technology
Transfer, we will ask our potential partners to enter into an NDA.
Material
Transfer Agreement (MTA)
We will use the MTA in the event that any third party
organization would like to use materials created at GMU.
License Agreements
Agreements to license technologies will be executed between George Mason
Intellectual Properties, Inc. (GMIP) and the licensee. Although each agreement
will be written to reflect the particular circumstances of the technology
being licensed, you can preview
the typical terms of those agreements.
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