B6 Analyzing a License Agreement for Obligations and Monies Owed
Track: Administrative & Operations
Target Audience: All Audiences
Katherine Durkin, Moffitt Cancer Center
Jacqueline Saporito, M.Ed., The Children's Hospital of Philadelphia Research
Financial management related to license agreements is a critical function of any technology transfer office. Working through a sample license agreement, this group discussion will demonstrate how to identify critical clauses in a license agreement that prompt action for ensuring that a university receives each obligation owed by its licensee, including both financial and non-dollar related items. The session will also explore the processes that should be implemented to ensure invoicing, reports and tasks are properly in place for years to come for these obligations and monies owed to the institution.
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