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07/02/2013 (2)
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07/02/2013 (2)
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Last modified
6/26/2018 2:20:22 PM
Creation date
3/23/2016 8:58:47 AM
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Meetings
Meeting Type
BCC Regular Meeting
Document Type
Agenda Packet
Meeting Date
07/02/2013
Meeting Body
Board of County Commissioners
Book and Page
376
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FilePath
H:\Indian River\Network Files\SL00000E\S0004NF.tif
SmeadsoftID
14220
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,, such improvements would be beneficial to the licensed property or is otherwise <br /> necessary in order to restore the licensed property to its state prior to the <br /> commencement of the license period. <br /> 5. Intellectual Property Rights. Licensee agrees to assign to the County, a five <br /> percent (5%) share of all royalties resulting from any intellectual property rights <br /> Licensee develops as a result of Licensee's research performed at Egret Marsh as it <br /> relates to compost product development and water treatment technologies using algae <br /> and/or aquatic plants. <br /> 6. Utilization of Technology. As a result of the research it performs at Egret <br /> Marsh, Licensee may develop or improve technology for removing pollutants from <br /> stormwater/canal water and/or technology for improving composting methods of <br /> biomass produced by stormwater/canal water pollutant removal processes. Licensee <br /> agrees that it will not charge the County any Technology Fee, License Fee, Patent Fee, <br /> or similar fee if the County wishes to use such aforementioned technology within the <br /> County, provided that no profit is gained from the operation. In the event that the <br /> Licensee develops a water treatment and product generating technology, as a result of <br /> research conducted at Egret Marsh, that allows the County to realize a profit from its <br /> operation within the County, the profit will be split evenly between County and Licensee. <br /> If Licensee develops a water treatment and product generating technology that is <br /> constructed and operated outside the County, the County would be assigned <br /> fivepercent (5%) share of all royalties, as detailed in Section 5 above. <br /> 7. Indemnification and Insurance. Licensee shall defend, indemnify and hold <br /> (W harmless the County and its commissioners, officers, employees and agents, from any <br /> 4 <br /> 64 <br />
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