Looking for specific examples of University spin-offs where the researchers can earn part of the benefits
The policy at my university for managing patent licensing fees and the like, which is somewhat distinct from a spin-off but somewhat conjoined - for example, you could start a spin-off that then licenses the patent, or find a company interested, etc.


Division of Patent Royalties


a) All monetary proceeds from the commercialization of University-owned inventions are the property of the University or its assignee. The University or its designee will collect and distribute royalties, fees, equity interests, or dividends to inventors and the University in accordance with the procedures established by the University.

(1) The University or its designee will deduct the costs of obtaining and maintaining legal protection, for each invention, to arrive at “adjusted income” unless other arrangements, agreed to by all parties that share in the income, are made by the relevant branch campus, research unit or program in advance of the expense and agreed to with the OC. Such arrangements may include contracted marketing, licensing and business development. In such cases, any agreed upon expenses will be deducted to arrive at adjusted income.

(2) The Office of Commercialization will deduct twenty percent (20%) from adjusted income and the remainder will be “net income.” This deduction is directed toward covering the expenses (excluding direct patent expenses) for administering the OC and provides initial funds for patent prosecution for other inventions without obvious commercial partners.

(3) Net income will be distributed according to the following schedule.
University’s portion of the share will be distributed as follows: 30% to the University, 20% to the college and department (or relevant branch campus, research unit, or Program when appropriate) to be equally split between the two

Cumulative Net Income Inventor/Contributor University
$1-$10,000                    100%
Above $10,000                 50%              50%