Sec. 10a-98c. (Formerly Sec. 10-115e). Employees to share in proceeds.
Sec. 10a-98c. (Formerly Sec. 10-115e). Employees to share in proceeds. Each
employee who conceives any invention and discharges his obligations to the Connecticut
State University System as hereinbefore provided shall be entitled to share in any net
proceeds that may be derived from the assignment, grant, license or other disposal of
such invention. The amount of such net proceeds shall be computed by, or with the
approval of, the board, with reasonable promptness after collection thereof, and after
deducting from gross proceeds such costs and expenses as may be reasonably allocated
to the particular invention or discovery. A minimum of twenty per cent of the amount
of such net proceeds shall be paid to an employee who solely conceived or made the
invention, and shall be paid in shares to two or more employees who jointly made the
invention in such respective proportions as the board may determine. The board in its
discretion may increase the amount by which any employee or employees may participate in such net proceeds.
(P.A. 79-202, S. 4; P.A. 82-218, S. 39, 46; P.A. 91-256, S. 58, 69.)
History: P.A. 82-218 replaced "state colleges" with "Connecticut State University" pursuant to reorganization of higher
education system, effective March 1, 1983; Sec. 10-115e transferred to Sec. 10a-98c in 1983; P.A. 91-256 made a technical change.