The New York Agreement for Exhibition — Unpatented Invention is a key legal document that oversees the showcasing of unpatented inventions in New York. This agreement allows inventors to display their creations in exhibitions and trade shows without the fear of losing their intellectual property rights. It ensures that the inventors' rights are protected while also promoting innovation and collaboration in the industry. The New York Agreement for Exhibition — Unpatented Invention serves as a legal contract between the inventor and the exhibition organizers. It outlines the terms and conditions under which the invention will be displayed, including the duration of the exhibition, the responsibilities of each party, and any licensing or royalty agreements. This agreement is particularly valuable for inventors who have developed an invention but have not yet obtained a patent. It allows them to showcase their invention to potential investors, manufacturers, and customers without the risk of someone stealing their idea or filing a patent application before they do. There are several types of New York Agreement for Exhibition — Unpatented Invention, each designed to cater to specific needs and circumstances. These may include: 1. Non-Disclosure Agreement (NDA): This type of agreement is used when the inventor wants to share confidential information about their invention with the exhibition organizers or attendees. It ensures that the disclosed information remains confidential and prohibits the other party from using or disclosing it without consent. 2. Licensing Agreement: In some cases, the inventor may choose to license their unpatented invention to a third party for commercialization. This agreement outlines the terms and conditions under which the invention can be used, manufactured, and sold by the licensee. It may include provisions for royalty payments, exclusivity, and territorial restrictions. 3. Joint Exhibition Agreement: When multiple inventors or organizations come together to showcase their unpatented inventions collectively, a joint exhibition agreement is used. It establishes the roles and responsibilities of each participant, the sharing of costs and revenues, and the protection of intellectual property rights. 4. Royalty Agreement: If the inventor allows others to use or manufacture their unpatented invention during the exhibition, a royalty agreement may be employed. This agreement specifies the payment terms and percentages for the inventor's share of profits generated from the exhibition. The New York Agreement for Exhibition — Unpatented Invention plays a crucial role in facilitating the exchange of ideas and fostering innovation. It safeguards inventors' rights and encourages them to present their inventions to a wider audience without worrying about theft or infringement. By providing legal protection and establishing clear guidelines, this agreement promotes a thriving environment for inventors and helps drive economic growth in the intellectual property sector.
Para su conveniencia, debajo del texto en español le brindamos la versión completa de este formulario en inglés. For your convenience, the complete English version of this form is attached below the Spanish version.