Royalty Return at the Stony Brook campus is currently governed by the applicable SUNY Patent and Inventions policy:
For disclosures made before Nov. 23, 2016
40% of Stony Brook's Gross Royalties are paid to the inventor(s) (Statutory)
10% of Stony Brook's Gross Royalties are distributed to IPP
Distribution of Remaining Royalties are per license agreement date (see tables below)*
For disclosures made on or after Nov. 23, 2016
45% of the first $100K of Stony Brook's Net Royalties are paid to the inventor(s);
40% are paid to the inventor(s) for Net Royalties exceeding $100K (Statutory)
10% of the Stony Brook's Net Royalties are distributed to IPP
Distribution of Remaining Royalties are per license agreement date (see tables below)*
TABLES FOR DISTRIBUTION OF REMAINING ROYALTIES
*For license agreements entered into before January 1st, 2020, the remaining percentage of Royalties are distributed to the campus as follows:
Current Lab Share Cap 85K (would still apply for existing agreements)
| ≤ $150K | $150K - $550K | $550K - $1M | > $1M | ||
|---|---|---|---|---|---|
| President | 50% | 50% | 50% | 50% | |
| Inventor's lab | 30% | 20% | 10% | 0% | (Inventor's lab share capped at $85K) |
| Supporting entity | 10% | 15% | 20% | 25% | |
| VP Research | 10% | 15% | 20% | 25% | |
| Sub Total of Remaining | 100% | 100% | 100% | 100% |
*For license agreements entered into on or after January 1st, 2020 the remaining percentage
of Royalties are distributed to the campus as follows:
New Lab Share Cap 250K (would apply to new agreements)
| ≤ $150K | $150K - $1M | $1M - $3.88M* | > $3.88M | ||
|---|---|---|---|---|---|
| President | 50% | 50% | 50% | 50% | |
| Inventor's lab | 30% | 20% | 10% | 0% | (Inventor's lab share capped at $250K) |
| Supporting entity | 10% | 15% | 20% | 25% | |
| VP Research | 10% | 15% | 20% | 25% | |
| Sub Total of Remaining | 100% | 100% | 100% | 100% | |
| *or $3.85M if the license Agreement includes any technologies received before Nov. 23rd, 2016 | |||||
Note: Distributions are calculated on an agreement level (multiple non-exclusive agreements are considered one agreement).
Definitions
Net Royalties: Royalty less reasonable out-of-pocket expenses incurred by SUNY and
not reimbursed by licensees for the evaluation, marketing, development, protection,
maintenance, and enforcement of the subject Intellectual Property.