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RESEARCH SERVICES POLICIES AND GUIDELINES 75

                           1.  To provide oversight supervision, guidance, and capacity-building on the IP Units of ISU,
                              including but not limited to IP audit, preparation, filing, and prosecutions of applications
                              for legal protection; and in handling technology transfer agreements;


                           2.  To lead in the preparation, filing, and prosecution of IP registration;

                           3.  To lead ISU in negotiating technology transfer arrangement such as but not limited to
                              licensing agreements;


                           4.  To collect royalties resulting from technology transfer arrangements and to manage and
                              disburse the same in accordance with these guidelines;


                           5.  To lead the ISU in contested proceedings affecting IPR of these agencies in coordination
                              with their respective statutory counsels; and


                           6.  To perform other functions to accomplish the purpose and objectives of these IP policy
                              and these guidelines.


                           Section 3.  Funds for ISU-IP Unit

                           For its initial operation, ISU shall allocate funds from its General Appropriations for the
                           operation of the Unit. The Unit shall be there to operate through grants, endowments,
                           royalties,  and  other  internal  and  external  funding  sources  received  by  it  and  kept  on  a
                           separate account under an authorized government depository bank. The Unit shall disburse
                           its funds in accordance with these guidelines and the existing government accounting and
                           auditing rules and regulations.

                                                     Article IV - Plant Variety Protection


                           Subject to the provisions of the Plant Variety Protection Act of 2002 (Republic Act No. 9168),
                           the following guidelines shall govern plant variety protection or plant breeder’s rights at
                           ISU;


                           Section 1.  Ownership of Plant Breeders’ rights


                           ISU shall have ownership of the new variety, which is bred, or discovered and developed
                           by those covered by these guidelines, and those commissioned by it to do the breeding, or
                           discovering and developing a new variety. If the ISU staff or the person commissioned by
                           ISU breeds, discovers and develops a new variety together with two or more persons, all of
                           them shall be named in the application for plant variety protection to be filed by ISU.

                           Section 2. Plant variety protection shall be sought and maintained by ISU for those varieties
                           with high commercial potential. Protection shall be sought before any testing or commercial
                           release of the new variety.


                           Section 3. If it is necessary to immediately disseminate the new variety for the benefit of
                           the farmers, ISU may enter into exclusive licensing agreements with the private sectors,



                                                                               RESEARCH AND DEVELOPMENT SERVICES







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