This agreement is made as of the 23rd day of June, 1997, by and between:
COMPANY NAME located in CITY, STATE and INVENTOR NAME.
This Agreement shall govern the conditions of disclosure by INVENTOR
NAME to COMPANY NAME
of certain "Confidential Information" including but not limited to
prototypes, drawings, data,
trade secrets and intellectual property relating to the "Patent Pending"
"INVENTION TITLE" invented by INVENTOR NAME.
With regard to the Confidential Information, COMPANY NAME hereby agrees:
1. Not to use the information therein except for evaluating its interest
a business relationship with INVENTOR NAME, based on the
2. To safeguard the information against disclosure to others with the
same degree of care
as exercised with its own information of a similar nature.
3. Not to disclose the information to others, without the express written
INVENTOR NAME, except that:
a. which COMPANY NAME can demonstrate by written records
was previously known;
b. which are now, or become in the future, public knowledge
other than through acts or
omissions of COMPANY NAME;
c. which are lawfully obtained by COMPANY NAME from sources
independent of INVENTOR NAME;
4. That COMPANY NAME shall not directly or indirectly acquire any interest
in, or design,
create, manufacture, sell or otherwise deal with any item
or product, containing, based
upon or derived from the information, except as may be
expressly agreed to in writing by
5. That the secrecy obligations of COMPANY NAME with respect to the
information shall continue
for a period ending 3 years from the date hereof.
INVENTOR NAME will be entitled to obtain an injunction to prevent threatened
violation of this Agreement, but failure to enforce this
Agreement will not be deemed a
waiver of this Agreement.
IN WITNESS WHEREOF the Parties have hereunto executed this Agreement
as of the day and year
first above written.
By: _____________________________ Date: _____________
INVENTOR NAME and SIGNATURE
****** This is a sample and is not to be considered as legal advice
of any sort. ******