As used in Section 5064.1 et seq. of this title: 1. 'Commercial stage' means the point at which the product has advanced beyond the theoretical and prototype stage and is capable of being manufactured or reduced to practice commercially;2. 'Inventor' means any person who perceives a new concept which may result in a product or patentable process;3. 'Person' means any individual, sole proprietor, partnership or corporation;4. 'Product' means any device, technique or process;5. 'Proposal' means a plan provided by the inventor which includes technical and descriptive information on the concept; and6. 'Royalties' means all things of value received by an inventor in connection with the licensing, rental or sale of a product patented, in patent pending, or trademarked pursuant to federal law.Added by Laws 1987, c. 121, § 3, eff. Nov. 1, 1987. Amended by Laws 1988, c. 313, § 2, emerg. eff. July 1, 1988.
Oklahoma Legal Code