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Intellectual Property Rights from Publicly Financed Research and Development Act, 2008 (Act No. 51 of 2008)

Regulations

Schedule 2

Form IP6 : Off-Shore Exclusive Licence of Intellectual Property

Section 12(2) of the Act; Regulation 12(7))

 

RECIPIENT


Contact Details


Intellectual Property Title


Type of intellectual property and intellectual property protection (e.g. patent, design registration, plant breeders right/registration, copyrighted work (specify))


Application / Registration No. (where applicable)


INTELLECTUAL PROPERTY CREATOR(S)

First Name

Middle Name(s)

Family Name













Country / Territory (where applicable application filed or registered)


Status of intellectual property protection (for example, granted, application, non-registered)


Date of reporting of intellectual property to NIPMO (please attach copy)


Funding Agency (i.e. the funding agency that funded the conception or development of the intellectual property)


Summary description of the intellectual property and intellectual property protection


Summary details of type exclusivity (i) field of use; (ii) territory


Explanation of why the intellectual property cannot be commercialised through non-exclusive licensing


Full details of proposed exclusive licensee (include registration number; country of domicile)


Compliance with regulations 12(6) and 12(7). In particular, must substantiate public benefit and any retention of rights to the intellectual property in South Africa


How the public interest will be served by exclusive licensing, including, for example:

1) agreement by the exclusive licensee that it and its successors will commercialise the intellectual property in the Republic or will make the products readily accessible
2) remedies for failure to commercialise the intellectual property
3) disposition of the intellectual property in the event of liquidation of the assignee (section 11(3)(a) of the Act), or is otherwise unable or unwilling to commercialise the technology.

 


Detail alternative commercialisation of intellectual property if this application is not approved. Please substantiate.