The Harvard Office for Scholarly Communication and the American Physical Society have come to an agreement about how to implement Harvard's open access policies for articles published by Harvard authors.
Here's an excerpt from the press release:
As a result of the new agreement, APS recognizes Harvard's open access license and will not require copyright agreement addenda or waivers, in exchange for Harvard's clarification of its intended use of the license. In general terms, in exercising its license under the open access policies, Harvard will not use a facsimile of the published version without permission of the publisher, will not charge for the display or distribution of those articles, and will provide an online link to the publisher's definitive version of the articles where possible. The agreement does not restrict fair use of the articles in any way.
According to Professor Bertrand I. Halperin, Hollis Professor of Mathematics and Natural Philosophy in the Harvard Physics Department and Chair of the 2008 Publications Oversight Committee of the American Physical Society, "Harvard’s open access legislation was always consistent in spirit with the aims of the APS publication policies, but there were differences in detail that would have required faculty members to request a waiver for every article published in an APS journal. It is a credit both to Harvard and to APS that these differences have been worked out. Since APS journals include, arguably, the most important journals in the field of physics, the fact that faculty will now be able to continue publishing in APS journals without seeking a waiver from Harvard’s policies will strengthen both Harvard and the goal of promoting open access to scholarly publications worldwide."