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98

to the same extent as the review provided under provision III.B.7.i. of the

Faculty

Handbook

. This appeal provision would apply as well to non-faculty College employees

who have a dispute arising under this I.P. policy.

Changes to Policy: The College reserves the right to change this policy from time to time

but only in accordance with the principles of Chapter III of the

Faculty Handbook

that

limit the retroactive effect of amendments. Amendments to this policy would be

presumed to have prospective effect as to all members of the College community.

Proposed changes will normally be discussed among the vice presidents and deans and

the Provost.

5.

Royalties

All revenues derived from the College-owned Intellectual Property including electronic

media will be received and administered by the Office of the Provost. For each specific

piece of Intellectual Property owned by the College, costs incurred in the process of

perfecting, transferring, and protecting the College rights to the property paid by the

College will first be deducted from the gross income available before distribution. An

accurate accounting of all such costs shall be made available to the author/creator upon

request. The distribution of net proceeds (income less all costs including that of an

agency engaged to provide patent administration services) that is received from the

College-owned Intellectual Properties shall be shared equally between the creator and the

College absent agreement otherwise. The companies licensed to market or use

Intellectual Property.

6.

Use of the College names/logos

Faculty, staff, and students may use the College name and logos to identify themselves

(John Doe, Professor of Physics, Birmingham-Southern College). The College name(s)

and logos shall not be used by individuals or entities in a manner that implies the College

endorsement or responsibility for particular activities, products, or publications involved,

for commercial purposes, or by any individual or group promoting itself, without the

express written permission of the Provost.