Term Sheet Software License Agreement

To view type trust agreements, hardware transfer agreements or research cooperation agreements, please return to our standard agreements site. This type of agreement allows Harvard researchers who are creating a new licensed business without difficulty to copyrighted non-patentable software that they have developed as part of the faculty`s research efforts. In cases where there are patentable topics such as unique algorithms, please read the “Exclusive Basic License” agreement model published above. Global Access Note – The development of Technologies from Harvard Patents can lead to licensed products that could bring significant public health benefits in developing countries. By participating in Universities Allied for Essential Medicines, Harvard is committed to promoting affordable access to these products in developing countries. To meet this obligation, we may require provisions similar to those in the link below in the exclusive licenses of this potentially effective technology. Access to Harvard`s innovations should be as simple as possible. Our licensing agreements are fair and reasonable, and experienced OTD employees will work with you to help you achieve your business goals. To give you an idea of how these licenses are taking shape, we are pleased to provide you with a series of illustrating examples. If you have any questions about these examples, please contact us. Harvard also offers options agreements for companies considering licensing Harvard technology.

An option agreement allows a company to “keep” a technology for a short period of time during which the company can continue to assess its potential or find funds for product development without committing or harvard to comply with the obligations of a licensing agreement. Options are typically six months to a year and generally require both overcharging fees and a refund of patent tracking for the duration of the option. Harvard offers certain materials (usually organic research materials) for commercial use on a non-exclusive basis.