Revenue


11. REVENUE DISTRIBUTION


Apportionment guidelines
Apportionment of all monetary proceeds from the transfer or commercialisation of applicable intellectual property shall be distributed in a manner designed to offer equal shares between the inventor(s) and the University as outlined in Table 1 below, unless legal requirements or contractual agreements require otherwise.

The University Senate shall review the apportionment and revise them regularly in light of inflation and other economic factors every five years. The apportionment due to the inventors/creators shall attract eligibility of all parties including relevant local/indigenous communities that have collaborated in one way or another and shall be shared equally between parties unless provided otherwise by legal requirements or contractual agreements. In this respect a community shall be an equivalent one single party unless community participation was by means of bona fide legal persons.

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