Oakland Michigan Short Form Nondisclosure Agreement between Inventor and Person with whom Patent is Discussed

State:
Multi-State
County:
Oakland
Control #:
US-01541BG
Format:
Word; 
Rich Text
Instant download

Description

Patents grant an inventor the right to exclude others from producing or using the inventor's discovery or invention for a limited period of time. In order to be patented an invention must be novel, useful, and not of an obvious nature. There are three types of patents: a) "utility patent" which includes a process, a machine (mechanism with moving parts), manufactured products, and compounds or mixtures (such as chemical formulas); b) "design patent" which is a new, original and ornamental design for a manufactured article; and c) "plant patent" which is a new variety of a cultivated asexually reproduced plant.

Oakland Michigan Short Form Nondisclosure Agreement is a legal document used between an inventor and a person with whom the patent is being discussed. This agreement ensures that all parties involved maintain the confidentiality of the disclosed information related to the invention or patent. Here is a detailed description of what the Oakland Michigan Short Form Nondisclosure Agreement entails: 1. Parties: The agreement identifies the two parties involved, namely the inventor (disclosed) and the person with whom the patent is being discussed (recipient). 2. Purpose: The agreement states the purpose of the disclosure, which is the discussion and evaluation of the invention or patent by the recipient. 3. Confidential Information: It defines the scope of information that is considered confidential. This can include trade secrets, technical data, designs, formulas, marketing strategies, inventions, patents, or any other proprietary information disclosed by the inventor. 4. Obligations: The recipient agrees to keep all disclosed information confidential and use it solely for the purpose stated in the agreement. They should not disclose the information to any third party without prior written consent from the inventor. 5. Exclusions: The agreement may include exceptions where the recipient is not obligated to keep the disclosed information confidential. For example, if the information is already known to the recipient, obtained from a third party without any confidentiality restrictions, or is publicly available. 6. Timeframe: The agreement specifies the duration of the confidentiality obligations. It outlines the period for which the recipient must keep the information confidential, typically for a specific number of years after the agreement's signing. 7. Return or Destruction of Information: Upon the inventor's request or termination of the agreement, the recipient must return or destroy all the confidential information and any copies made during the evaluation process. 8. Intellectual Property: The agreement clarifies that disclosing the information does not grant any intellectual property rights to the recipient unless explicitly granted by a separate written agreement. 9. Governing Law and Jurisdiction: It specifies the state of Michigan as the governing law for the agreement and the jurisdiction where any disputes will be resolved, often Oakland County. Different types of Oakland Michigan Short Form Nondisclosure Agreements between an inventor and a person with whom the patent is being discussed may have variations in language and clauses. However, the main purpose remains consistent across all forms, ensuring the confidential handling of information related to the discussed invention or patent.

Oakland Michigan Short Form Nondisclosure Agreement is a legal document used between an inventor and a person with whom the patent is being discussed. This agreement ensures that all parties involved maintain the confidentiality of the disclosed information related to the invention or patent. Here is a detailed description of what the Oakland Michigan Short Form Nondisclosure Agreement entails: 1. Parties: The agreement identifies the two parties involved, namely the inventor (disclosed) and the person with whom the patent is being discussed (recipient). 2. Purpose: The agreement states the purpose of the disclosure, which is the discussion and evaluation of the invention or patent by the recipient. 3. Confidential Information: It defines the scope of information that is considered confidential. This can include trade secrets, technical data, designs, formulas, marketing strategies, inventions, patents, or any other proprietary information disclosed by the inventor. 4. Obligations: The recipient agrees to keep all disclosed information confidential and use it solely for the purpose stated in the agreement. They should not disclose the information to any third party without prior written consent from the inventor. 5. Exclusions: The agreement may include exceptions where the recipient is not obligated to keep the disclosed information confidential. For example, if the information is already known to the recipient, obtained from a third party without any confidentiality restrictions, or is publicly available. 6. Timeframe: The agreement specifies the duration of the confidentiality obligations. It outlines the period for which the recipient must keep the information confidential, typically for a specific number of years after the agreement's signing. 7. Return or Destruction of Information: Upon the inventor's request or termination of the agreement, the recipient must return or destroy all the confidential information and any copies made during the evaluation process. 8. Intellectual Property: The agreement clarifies that disclosing the information does not grant any intellectual property rights to the recipient unless explicitly granted by a separate written agreement. 9. Governing Law and Jurisdiction: It specifies the state of Michigan as the governing law for the agreement and the jurisdiction where any disputes will be resolved, often Oakland County. Different types of Oakland Michigan Short Form Nondisclosure Agreements between an inventor and a person with whom the patent is being discussed may have variations in language and clauses. However, the main purpose remains consistent across all forms, ensuring the confidential handling of information related to the discussed invention or patent.

How to fill out Oakland Michigan Short Form Nondisclosure Agreement Between Inventor And Person With Whom Patent Is Discussed?

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Oakland Michigan Short Form Nondisclosure Agreement between Inventor and Person with whom Patent is Discussed