Re: royalties and resignation
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Posted by M Arthur Auslander on February 25, 2002 at 05:27:43:
In Reply to: royalties and resignation posted by Eugene on February 25, 2002 at 04:18:54:
: I work for a non-profit organization. I am a co-inventor : on a patent which I assigned my rights to the organization : as a matter of my employment. The organization has licensed : the invention to a company and it looks like there may : be royalites coming to the organization because of the : invention. The organization now says it cannot support : my salary for more than 1/2 of this year, so I will be forced : to resign. If I resign, do I give up all hope of ever : receiving any part of the royalites from any of the : patents I have assigned to the organization...or in : my letter of resignation, should I state that this : resignation does not give up any rights to royalities : I would receive from patents on which I am an inventor : and those royalities I would have received as a consequence : of my employment? : Thanks Dear Eugene, It probably depends on the terms of the employment agreement. M. Arthur Auslander Auslander & Thomas-Intellectual Property Law Since 1909 505 Eighth Avenue, New York, NY 10018 212-594-6900, fax 212-244-0028, aus@auslander.com America On line Instant Messenger screen name artauslander ELAINE'S Workshop® E arly L egal A dvice I s N ot E xpensive
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