Office of Technology Transfer
Incentive Plan
Incentive Measures
Total license revenue
25%
AUTM licenses
High net worth licenses
Avg. royalty rate
15%
10%
10%
MTAs
Turnaround time for MTAs
5%
5%
Startup companies
10%
Disclosures
Proof of Principle funding
10%
10%
Circuit Breaker
None
Incentive Opportunity
Exempt Staff: 0-15% of salary
Nonexempt Staff: 0-10% of salary
Key Points




50% of maximum bonus would be earned at “target” performance; 100% would be earned at
“max” performance. The bonus for performance between target and max performance will be
interpolated.
Employees must have at least six months of service to participate in the plan.
Employees who join the team during the year would receive a pro-rated bonus.
To receive a bonus payout, participants must be employed by OTT at the end of the fiscal
year.
Incentive Plan Annual Time Line
CURRENT FISCAL YEAR PLAN
Performance results available
September 30
Incentive plan payouts calculated by Director
September 30
Payouts reviewed/approved by HR and EVP
October 15
Ways and Means notified
October 20
Payments via direct deposit
October 31
NEXT FISCAL YEAR PLAN
Targets set for next fiscal year’s plan (Director and HR)
September 30
Targets reviewed/approved by EVP
October 15
Targets reviewed/approved by Ways and Means
October 31
Metric Definitions
AUTM Licenses – All license (exclusive or non-exclusive) with a payment greater than $1,000
executed during the fiscal year, in accordance with the AUTM Annual Licensing Survey.
High Net Worth Licenses – Any AUTM license (exclusive or non-exclusive) that has a reasonable
probability of generating in excess of $1 million over its lifetime executed during the fiscal year.
Average Running Royalty for High Net Worth Licenses – The average maximum running royalty
rate in a high net worth license executed during the fiscal year.
Total License Revenue – The total Emory share of all funds, this fiscal year, generated by the
licensing of Emory technology, in accordance with the AUTM Annual Licensing Survey.
Turnaround Time for Material Transfer Agreements (MTA) – The average time from Emory receipt
of an incoming MTA until the Emory sign date with a sign date during the fiscal year.
Material Transfer Agreement (MTA) – An incoming or outgoing MTA with a sign date during the
fiscal year.
Start-Up Company – A company that is dependent upon licensing Emory technology for the initiation
of the company and the agreement was executed during the fiscal year, in accordance with the
AUTM Annual Licensing Survey.
Proof of Principal Funding – Funding received by an Emory investigator that will be used in the
promotion of an Emory technology (e.g., VentureLab Commercialization Grant, EmTech Bio
Translational Research Grant, Wallace H. Coulter Translational and Clinical Research Seed Grant).
Disclosure – All disclosures to OTT from an Emory investigator concerning a potential invention, in
accordance with the AUTM Annual Licensing Survey.