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    Technical Proposal Template

    Uploaded by

    arianaseri
    This document outlines the terms of a technical contract between a company and inventor for a product. The contract specifies that the inventor has conceived of a product, which is then described. The company agrees to fulfill certain duties in exchange for intellectual property rights over the product. In consideration, the company will pay the inventor a specified amount by a certain date. Both parties must agree in writing to any modifications to the contract, which will be governed by the laws of a particular state and county.

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    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd

    Technical Proposal Template

    Uploaded by

    arianaseri
    331 views5 pages
    This document outlines the terms of a technical contract between a company and inventor for a product. The contract specifies that the inventor has conceived of a product, which is then described. The company agrees to fulfill certain duties in exchange for intellectual property rights over the product. In consideration, the company will pay the inventor a specified amount by a certain date. Both parties must agree in writing to any modifications to the contract, which will be governed by the laws of a particular state and county.

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    Technical Proposal Template

    Original Title

    80. Technical Proposal Template

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    This document outlines the terms of a technical contract between a company and inventor for a product. The contract specifies that the inventor has conceived of a product, which is then described. The company agrees to fulfill certain duties in exchange for intellectual property rights over the product. In consideration, the company will pay the inventor a specified amount by a certain date. Both parties must agree in writing to any modifications to the contract, which will be governed by the laws of a particular state and county.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    331 views5 pages

    Technical Proposal Template

    Uploaded by

    arianaseri
    This document outlines the terms of a technical contract between a company and inventor for a product. The contract specifies that the inventor has conceived of a product, which is then described. The company agrees to fulfill certain duties in exchange for intellectual property rights over the product. In consideration, the company will pay the inventor a specified amount by a certain date. Both parties must agree in writing to any modifications to the contract, which will be governed by the laws of a particular state and county.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 5

    TECHNICAL PROPOSAL TEMPLATE

    ABOUT ::NAMEOFCOMPANY::
    WHAT IS ::PRODUCT::?
    HOW DOES ::PRODUCT:: WORK?
    TECHNICAL CONTRACT TEMPLATE
    This Technical Contract (the Contract) states the terms and conditions that govern the
    contractual agreement between ::Company:: having its principal place of business at
    ::CompanyAddress:: (the Company), and ::nventor:: (the nventor) who agrees to be
    bound by this Contract!
    "#$%$A&, the nventor has conceptuali'ed ::(roduct:: which is a
    ::)escribe(roduct:: (the (roduct) and the Company has agreed to
    ::$*tent+fCommitment:: according to the terms and conditions herein!
    ,+", T#$%$-+%$, n consideration of the mutual covenants and promises made
    by the parties hereto, the Company and the nventor (individually, each a (arty and
    collectively, the (arties) covenant and agree as follows:
    1. THE PRODUCT. Technical details of the (roduct are attached hereto as $*hibit
    A!
    2. COMPANY DUTIES. The Company agrees to perform all duties described on
    the page attached hereto as $*hibit .!
    3. CONSIDERATION. n consideration for the rights conveyed herein, the
    Company agrees to pay the nventor ::Amount:: to be paid on or before ::)ate::!
    4. OWNERSHIP. The (arties ac/nowledge and agree that the Company will hold
    all intellectual property rights in the (roduct including, but not limited to,
    copyright and trademar/ rights! The nventor agrees not to claim any such
    ownership in the intellectual property inherent in the (roduct at any time after the
    e*ecution of this Contract!
    5. NO MODIFICATION UNLESS IN WRITING. ,o modification of this
    Contract shall be valid unless in writing and agreed upon by both (arties!
    6. APPLICABLE LAW. This Contract and the interpretation of its terms shall be
    governed by and construed in accordance with the laws of the &tate of ::&tate::
    and sub0ect to the e*clusive 0urisdiction of the federal and state courts located
    in ::County::, ::&tate::!
    , "T,$&& "#$%$+-, each of the (arties has e*ecuted this Contract, both (arties
    by its duly authori'ed officer, as of the day and year set forth below!
    ::COMPANY::
    111111111111111111111111111111111 1111111111111
    ::,ame:: )AT$
    ::INENTOR::
    111111111111111111111111111111111 11111111111111
    ::,ame:: )AT$
    E!HIBIT A
    THE PRODUCT
    E!HIBIT B
    COMPANY DUTIES

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