Terms and Conditions

INTELLECTUAL PROPERTY ACKNOWLEDGEMENT AND WAIVER

The Davidson Fellowship for Innovation in Healthcare

WHEREAS, Henry Ford Innovation Institute, a unit of Henry Ford Health, with the support of the William Davidson Foundation, and to develop leaders empowered to address the challenges of the global healthcare landscape through innovative solutions and entrepreneurial approaches, has created a fellowship program on the subject of digital health entrepreneurship and innovation (the “Program”), the goal of which Program is to address issues relating to the commercialization of biomedical-type inventions and to provide exposure to the process of developing an innovative digital concept from the point of early discovery to the clinic and market; and

WHEREAS, the undersigned desires to participate in the Program in a student capacity, which will be known as a Fellowship;

NOW THEREFORE, in exchange for and as a condition of acceptance and admission as a Fellow into the Program, the undersigned (referred to below as “Fellow”) acknowledges and agrees as follows:

1. Fellow acknowledges that, besides a classroom curriculum, the Program will include an exercise in experiential learning delivered via participation in team-based advanced innovation projects. Fellow acknowledges that Fellow is asked (but is not required) to bring to the Program a novel idea or concept, belonging exclusively to Fellow, that is focused on potential “digital solutions” to real world health care problems.
2. Fellow acknowledges that, as a student participating in the Program, Fellow is covered by and subject to the Henry Ford Health Intellectual Property Policy and its implementing procedures and that Fellow has been given a copy of that Policy.
3.  Fellow agrees to make an invention disclosure, on Henry Ford Health’ Record of Invention and Invention Disclosure form as provided to Fellow through the Program, with regard to any novel idea or concept Fellow brings to the Program. Fellow also agrees to represent and warrant that said novel idea or concept is not intellectual property belonging to any other person or entity, including Fellow’s past or present employer, and that it was not conceived or developed in the scope of Fellow’s employment with any employer or with funding from any third party grant or contract including any government grant or contract.
4. Fellow hereby assigns to Henry Ford Health any and all rights that Fellow may have to any and all intellectual property relating to the Program, whether brought to the Program or created or developed pursuant to the Program.
5. Fellow hereby waives any rights under the Henry Ford Health Intellectual Property Policy to own or acquire any rights in or to intellectual property brought to or created or developed during or related to the Program. Fellow hereby waives any rights to the proceeds from any such intellectual property except in accordance with the terms of the Henry Ford Health Intellectual Property Policy regarding the “Distribution of Proceeds.” Fellow agrees that such waivers are fully effective regardless of whether any such intellectual property is created by Fellow alone or by any other person or any combination of persons, including Fellow.
6.  Fellow agrees to execute any other documents to confirm or implement this Acknowledgement and Waiver, upon request of Henry Ford Health.
7. This Acknowledgement and Waiver is executed with the intent to be legally bound by it.

EXTERNAL CANDIDATE EMPLOYER INTELLECTUAL PROPERTY ACKNOWLEDGEMENT AND WAIVER

The Davidson Fellowship for Innovation in Healthcare

On behalf of ___________________________________________________________________________ (called “Company”), the employer of ___________________________________________________________ (called “Fellow”), who has been conditionally accepted to participate as a Fellow in a year-long fellowship program, created by Henry Ford Innovation Institute, a unit of Henry Ford Health (“Henry Ford Health”), with the support of the William Davidson Foundation, on the subject of digital health entrepreneurship and innovation (the “Program”), the goal of which is to address issues relating to the commercialization of biomedical-type inventions and to provide exposure to the process of developing an innovative digital concept from the point of early discovery to the clinic and market, the undersigned hereby indicates Company’s approval of Fellow’s participation in the Program, and hereby waives any rights of Company to the intellectual property brought to or developed by Fellow in the Program.

This Acknowledgement and Waiver is executed with the intent to be legally bound by it.

View the Henry Ford Health INTELLECTUAL PROPERTY POLICY