Standard Operating Procedures

 

NEW -  Important Information for Investigators with International Collaborations

Royalty

Royalty Return at the Stony Brook campus is currently governed by the applicable SUNY Patent and Inventions policy:

For disclosures made before Nov. 23, 2016

40% of  Stony Brook's Gross Royalties are paid to the inventor(s) (Statutory)

10% of Stony Brook's Gross Royalties are distributed to OTLIR

Distribution of Remaining Royalties are per license agreement date (see tables below)*

For disclosures made on or after Nov. 23, 2016

45% of the first $100K of Stony Brook's Net Royalties are paid to the inventor(s); 40% are paid to the inventor(s) for Net Royalties exceeding $100K (Statutory)

10% of the Stony Brook's  Net Royalties are distributed to OTLIR

Distribution of Remaining Royalties are per license agreement date (see tables below)*

*For license agreements entered into before January 1st, 2020, the remaining percentage of Royalties are distributed to the campus as follows:
 

Current (would still appy for existing agreements)

  ≤ $150K $150K - $550K $550K - $1M > $1M
President 50% 50% 50% 50%
Inventor's lab 30% 20% 10% 0% (Inventor's lab share capped at $85K)
Supporting entity 10% 15% 20% 25%
VP Research 10% 15% 20% 25%
Sub Total of Remaining 100% 100% 100% 100%

*For license agreements entered into on or after January 1st, 2020 the remaining percentage of Royalties are distributed to the campus as follows:

New (would apply to new agreements)

  ≤ $150K $150K - $1M $1M - $3.88M* > $3.88M
President 50% 50% 50% 50%
Inventor's lab 30% 20% 10% 0% (Inventor's lab share capped at $250K)
Supporting entity 10% 15% 20% 25%
VP Research 10% 15% 20% 25%
Sub Total of Remaining 100% 100% 100% 100%
*or $3.85M if the license Agreement includes only technologies received before Nov. 23rd, 2016

Note: Distributions are calculated on an agreement level (multiple non-exclusive agreements are considered one agreement).

Definitions

Net Royalties: Royalty less reasonable out-of-pocket expenses incurred by SUNY and not reimbursed by licensees for the evaluation, marketing,
development, protection, maintenance, and enforcement of the subject Intellectual Property.

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