§ 2202.35 - Licenses—Proposals, Committee on Licensing.

(a) The Commission may delegate authority to a committee on product licensing, to be organized and staffed as the Commission determines. The Commission reserves the right to publish any additional guidelines that may be necessary to carry out activities and functions related to licensing.

(b) The Commission may delegate its authority to accept, consider, review and solicit proposals for licenses and to decide whether to enter into licensing agreements with those seeking or interested in such agreements as well as all other responsibilities and functions necessary to carry out a licensing program, including negotiating the terms of licensing agreements.

(c) The Commission invites prospective licensees to submit proposals for license agreements. Each proposal for entering into a licensing agreement shall be addressed to the Christopher Columbus Quincentenary Jubilee Commission at 1801 F Street NW., Third Floor, Washington, DC 20006. Each proposal shall be accompanied by a summary or synopsis, not exceeding two single-spaced, typewritten pages in length, which shall include:

(1) The name, address and telephone number of the proposer; the date of the application and the name, address and telephone number of the person or persons responsible for negotiating and administering any license agreement on behalf of the proposer;

(2) A brief description of the product or use for which the license is sought;

(3) A summary of proposed terms of any licensing agreement;

(4) A statement to the effect that the party submitting the proposal agrees to be bound by all policies, requirements, regulations or other decisions that have been made or will be made by the Commission affecting any license agreement between the Commission and the submitting party;

(5) A brief description of the financial accounting that will be employed by the party submitting the proposal with respect to any royalty or fee obligations to the Commission in connection with the license;

(6) A designation, in the synopsis, of any business confidential or proprietary information or materials contained in the proposal, and a request that it be treated as such;

(7) The signature(s) of the person or persons authorized to make a proposal on behalf of the individual, entity, group or organization submitting the proposal.

(d) The proposal accompanying the synopsis shall also include the information required in paragraphs (c)(1) through (7) of this section and shall, as appropriate or necessary, provide more comprehensive or detailed descriptions, information or data. The Commission reserves the right to request such additional information from a party submitting a proposal as it may deem necessary.

(e) The Commission shall not be responsible for any materials that are not delivered personally or by certified mail, return receipt requested, to the address indicated above or to any other designated address.

(f) Although the Commission cannot guarantee confidentiality in its review of proposals, the Commission will make every possible effort to maintain the confidentiality of those proposals for projects which, in their synopsis, request confidentiality.