If you are named as an inventor on a Duke Invention Disclosure Form (IDF) and Duke receives income from a license of your invention, a portion of that income will be distributed to you per the Duke Patent Policy.
Inventors will continue to receive a share of royalty income regardless of employment or student status – BUT WE NEED TO BE ABLE TO FIND YOU!
Inventors No Longer an Employee or Student at Duke are Responsible for Notifying Duke of Address Changes.
If you have moved and are no longer an employee or student at Duke, you are responsible for notifying both Duke Corporate Payroll Services and the Office of Licensing & Ventures of address changes in order to continue to receive royalty payments.
Inventors Currently an Employee or Student at Duke are Responsible for Notifying Duke of Direct Deposit Changes
If you are a current employee or student at Duke, you will receive your royalty payments via direct deposit. If your bank account information changes, notify Corporate Payroll Services by completing and returning the Direct Deposit Authorization Agreement Form.
Royalty Payments to the Estate or Heirs of Deceased Inventors
A deceased inventor's share of royalty income will be paid to their estate or heirs. The executor must contact both Duke Corporate Payroll Services and the Office of Licensing & Ventures to provide a death certificate and estate or heir contact information.
Undeliverable Royalty Checks are Considered Unclaimed Property
A royalty check mailed to an old/invalid/undeliverable address and returned to Duke, is returned to University Accounts Payable and is considered unclaimed property until you claim it. Information on Duke's unclaimed property procedures can found at this link: Unclaimed Property.