Hi Everyone,
We have revised the intellectual property terms for this challenge to make them more favorable to you, the Innovator. The updated terms reduce the scope of the license granted to the US Government should you win a prize. Please see the revised legal agreement here. You will be prompted to re-accept the agreement.
Given this change, we are extending the deadline to July 15th at 4:59 pm EDT (New York) for submissions. View the complete revised timeline here.
New language: To receive a Prize, Finalist must agree to grant The United States Government a nonexclusive, nontransferable, irrevocable, paid-up license to practice, or have practiced for or on its behalf, the subject invention throughout the world in accordance to FAR 52.227-11.
Old language: To receive a Prize, Finalist must agree to grant The United States Government an irrevocable, royalty free, perpetual, sublicensable, transferable, and worldwide license to use and permit others to use all or any part of the submission including, without limitation, the right to make, have made, sell, offer for sale, use, rent, lease, import, copy, prepare derivative works, publicly display, publicly perform, and distribute all or any part of such submission, modifications, or combinations thereof and to sublicense (directly or indirectly through multiple tiers) or transfer any and all such rights. Notwithstanding granting the Challenge Sponsor such license for any Intellectual Property demonstrated by the Submission, Finalist retains title (e.g., ownership) of such Intellectual Property.
