Corporate Membership Options

A survey of desired membership options was conducted resulting in the following offerings for Industrial Advisory Board participation:

Costs Benefits
Category I: FULL MEMBERSHIP

Full Member/Project Sponsor

  • $10,000 Annual Fee. Two-year minimum plus sponsorship of a center project (min. $40,000/yr., 50% of current overhead subsidized).

  • Keep abreast of state-of-the-art developments via semi-annual briefings of center-conducted research
  • Participate in selection of center research projects among faculty proposals; suggest your own broad research thrusts
  • Receive copies of all publications and unpublished reports on center-funded research
  • Receive price discount on any center-developed computer software

Preferential Intellectual Property Rights:

  • Exclusive license on sponsored project with no lump sum payments (royalty rate to be agreed upon)

Costs Benefits
Category I: FULL MEMBERSHIP

Full Member/Project Sponsor

  • $30,000 Annual Fee. Three year minimum

  • Benefits same as above, except o.
  • Preferential Intellectual Property Rights:

First option for license, dollar-for-dollar credit of annual fee against amount to be paid under license agreement.

Costs Benefits
Category II: ASSOCIATE MEMBER

Sliding scale annual fee based on sales:

  • Less than $25 million = $3,000 per year
  • $25 million to $50 million = $5,000 per year
  • $50 million to $75 million = $7,500 per year
  • More than $75 million = $10,000 per year
  • Can attend semi-annual briefings

(Cannot vote in project selection or suggest research thrusts; no preference as to Intellectual Property Rights.)

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