Salt Lake Utah Secrecy, Nondisclosure and Confidentiality Agreement - Promoter to Inventor

• Category: Confidentiality and Nondisclosure - Trade Secrets
• State: Multi-State
• County: Salt Lake
• Control #: US-01757
• Format: Word; Rich Text

Description

This agreement is entered into by an inventor and a company. The inventor has possession of proprietary information and know-how relating to an invention, and wishes to engage the company to evaluate the invention for possible patent, development and marketing. The company agrees that to maintain the confidential information in confidence and not to use it for any other purpose other than evaluation. The company also agrees not to disclose the information to anyone without a written waiver from the inventor, except for employees and sub-contractors of the company who actually have a need to know for the purposes of evaluation and are also bound by this agreement. Salt Lake Utah Secrecy, Nondisclosure and Confidentiality Agreement — Promoter to Inventor is a legally binding document that outlines the terms and conditions under which a promoter and an inventor agree to protect sensitive and confidential information related to an invention or idea. The agreement ensures that the promoter, who may be interested in marketing, licensing, or commercializing the invention, maintains strict confidentiality to prevent any unauthorized disclosure to third parties. Keywords: Salt Lake Utah, secrecy agreement, nondisclosure agreement, confidentiality agreement, promoter, inventor, invention, idea, sensitive information, legal document, terms and conditions, protect, disclosure, marketing, licensing, commercialization, third parties. Variations of Salt Lake Utah Secrecy, Nondisclosure and Confidentiality Agreement — Promoter to Inventor may include: 1. Mutual Secrecy, Nondisclosure and Confidentiality Agreement: This type of agreement is signed between both the promoter and the inventor, ensuring that both parties are bound by the same confidentiality obligations. It typically highlights the reciprocal nature of the agreement to protect the interests of both parties involved. 2. Time-Bound Secrecy, Nondisclosure and Confidentiality Agreement: In some cases, the agreement may have a specified duration during which the confidentiality obligations are in effect. This type of agreement defines a certain period after which the information may no longer be considered confidential, allowing for eventual public disclosure through a patent or other means. 3. Exclusivity Secrecy, Nondisclosure and Confidentiality Agreement: This agreement may grant the promoter exclusive rights to access and use the disclosed information, prohibiting the inventor from sharing similar information with any other promoter or entity. It strengthens the promoter's position and offers them a competitive advantage while dealing with the invention. 4. Termination Secrecy, Nondisclosure and Confidentiality Agreement: This type of agreement outlines the conditions under which the confidentiality obligations may be terminated. It could include events such as the successful commercialization of the invention, expiration of a certain period, or mutual agreement between the parties to end the agreement. These various types of Salt Lake Utah Secrecy, Nondisclosure and Confidentiality Agreement — Promoter to Inventor allow for flexibility in addressing specific requirements and considerations unique to each business collaboration or invention. It is always recommended consulting with legal professionals in Salt Lake Utah to ensure compliance with local laws and regulations.

Salt Lake Utah Secrecy, Nondisclosure and Confidentiality Agreement — Promoter to Inventor is a legally binding document that outlines the terms and conditions under which a promoter and an inventor agree to protect sensitive and confidential information related to an invention or idea. The agreement ensures that the promoter, who may be interested in marketing, licensing, or commercializing the invention, maintains strict confidentiality to prevent any unauthorized disclosure to third parties. Keywords: Salt Lake Utah, secrecy agreement, nondisclosure agreement, confidentiality agreement, promoter, inventor, invention, idea, sensitive information, legal document, terms and conditions, protect, disclosure, marketing, licensing, commercialization, third parties. Variations of Salt Lake Utah Secrecy, Nondisclosure and Confidentiality Agreement — Promoter to Inventor may include: 1. Mutual Secrecy, Nondisclosure and Confidentiality Agreement: This type of agreement is signed between both the promoter and the inventor, ensuring that both parties are bound by the same confidentiality obligations. It typically highlights the reciprocal nature of the agreement to protect the interests of both parties involved. 2. Time-Bound Secrecy, Nondisclosure and Confidentiality Agreement: In some cases, the agreement may have a specified duration during which the confidentiality obligations are in effect. This type of agreement defines a certain period after which the information may no longer be considered confidential, allowing for eventual public disclosure through a patent or other means. 3. Exclusivity Secrecy, Nondisclosure and Confidentiality Agreement: This agreement may grant the promoter exclusive rights to access and use the disclosed information, prohibiting the inventor from sharing similar information with any other promoter or entity. It strengthens the promoter's position and offers them a competitive advantage while dealing with the invention. 4. Termination Secrecy, Nondisclosure and Confidentiality Agreement: This type of agreement outlines the conditions under which the confidentiality obligations may be terminated. It could include events such as the successful commercialization of the invention, expiration of a certain period, or mutual agreement between the parties to end the agreement. These various types of Salt Lake Utah Secrecy, Nondisclosure and Confidentiality Agreement — Promoter to Inventor allow for flexibility in addressing specific requirements and considerations unique to each business collaboration or invention. It is always recommended consulting with legal professionals in Salt Lake Utah to ensure compliance with local laws and regulations.