Wake North Carolina Agreement for Exhibition - Unpatented Invention

• Category: Contracts - Buy Sell - Sale of Goods
• State: Multi-State
• County: Wake
• Control #: US-01696-AZ
• Format: Word; Rich Text

Description

This form is a model agreement for the exhibition of an unpatented invention to a prospective purchaser. Inventor's rights to the invention are protected by the agreement. Includes secrecy clause. Adapt to fit your circumstances. Wake North Carolina Agreement for Exhibition — Unpatented Invention refers to a legally binding document that states the terms and conditions between the inventor or exhibitor of an unpatented invention and the recipient or exhibitor of the invention in Wake County, North Carolina. This agreement outlines the responsibilities, rights, and obligations of both parties involved in showcasing the unpatented invention at an exhibition or trade show. The purpose of this agreement is to protect the inventor's rights and interests while allowing the recipient to exhibit the unpatented invention without fear of losing the intellectual property rights. By entering into this agreement, both parties ensure that the invention remains confidential, and any disclosures or developments stemming from the exhibition are handled in a fair and secure manner. Some key elements typically included in the Wake North Carolina Agreement for Exhibition — Unpatented Invention may consist of the following: 1. Confidentiality: The agreement states that both parties must keep any information related to the unpatented invention confidential and prevent any unauthorized disclosure during and after the exhibition. 2. Intellectual Property Rights: The agreement may specify that the exhibition of the unpatented invention does not transfer any ownership or rights over the invention to the recipient. The inventor retains all intellectual property rights unless otherwise stated in a separate agreement. 3. Exhibition Details: The agreement may outline the specific exhibition where the unpatented invention will be displayed, including dates, location, and any additional requirements or restrictions imposed by the exhibition organizers. 4. Indemnification: The agreement may include a provision stating that the recipient agrees to indemnify and hold the inventor harmless from any claims, damages, losses, or liabilities arising from the exhibition or use of the unpatented invention. 5. Non-Compete/Non-Disclosure: The agreement may restrict the recipient from using the knowledge gained about the unpatented invention to develop a similar invention or compete with the inventor for a specified period after the exhibition. It is important to note that different types of Wake North Carolina Agreements for Exhibition — Unpatented Invention may exist depending on the specific requirements and circumstances of the parties involved. These agreements may vary in terms of duration, exhibition scope, liability limitations, and other relevant factors to suit the unique needs of the inventors and recipients. In summary, the Wake North Carolina Agreement for Exhibition — Unpatented Invention serves as a means to establish a legally binding relationship between the inventor and recipient, ensuring the safeguarding of intellectual property rights and maintaining confidentiality during the exhibition of an unpatented invention.

Wake North Carolina Agreement for Exhibition — Unpatented Invention refers to a legally binding document that states the terms and conditions between the inventor or exhibitor of an unpatented invention and the recipient or exhibitor of the invention in Wake County, North Carolina. This agreement outlines the responsibilities, rights, and obligations of both parties involved in showcasing the unpatented invention at an exhibition or trade show. The purpose of this agreement is to protect the inventor's rights and interests while allowing the recipient to exhibit the unpatented invention without fear of losing the intellectual property rights. By entering into this agreement, both parties ensure that the invention remains confidential, and any disclosures or developments stemming from the exhibition are handled in a fair and secure manner. Some key elements typically included in the Wake North Carolina Agreement for Exhibition — Unpatented Invention may consist of the following: 1. Confidentiality: The agreement states that both parties must keep any information related to the unpatented invention confidential and prevent any unauthorized disclosure during and after the exhibition. 2. Intellectual Property Rights: The agreement may specify that the exhibition of the unpatented invention does not transfer any ownership or rights over the invention to the recipient. The inventor retains all intellectual property rights unless otherwise stated in a separate agreement. 3. Exhibition Details: The agreement may outline the specific exhibition where the unpatented invention will be displayed, including dates, location, and any additional requirements or restrictions imposed by the exhibition organizers. 4. Indemnification: The agreement may include a provision stating that the recipient agrees to indemnify and hold the inventor harmless from any claims, damages, losses, or liabilities arising from the exhibition or use of the unpatented invention. 5. Non-Compete/Non-Disclosure: The agreement may restrict the recipient from using the knowledge gained about the unpatented invention to develop a similar invention or compete with the inventor for a specified period after the exhibition. It is important to note that different types of Wake North Carolina Agreements for Exhibition — Unpatented Invention may exist depending on the specific requirements and circumstances of the parties involved. These agreements may vary in terms of duration, exhibition scope, liability limitations, and other relevant factors to suit the unique needs of the inventors and recipients. In summary, the Wake North Carolina Agreement for Exhibition — Unpatented Invention serves as a means to establish a legally binding relationship between the inventor and recipient, ensuring the safeguarding of intellectual property rights and maintaining confidentiality during the exhibition of an unpatented invention.