Your Name – enter your name or nickname as you want it displayed |
|
Name of Business |
|
Primary area of practice |
please specify field of law here:
|
2nd area of practice: (optional) |
please specify field of law here:
|
3rd area of practice: |
please specify field of law here:
|
4th area of practice: |
please specify field of law here:
|
5th area of practice: |
please specify field of law here:
|
Location – where you practice law (fill in as many fields as you
would like) |
|
|
Note: your profile does not go live until
you contribute a form
|
|
Click image below to see how we display your
profile
|
- Receive a free profile listing your firm's areas of expertise
- All contributed forms prominently display your business profile,
which include the optional fields of your phone number, email, and website address(see
example in top right)
- Connect with thousands of businesses, professionals, and potential
customers looking to use your expertise and services
- Your form will be highly optimized for the search engines, enabling people doing
keyword searches related to your business to find you via the profile we display
about you
- Feel good by giving back to the community by providing quality legal and business
forms for free
- You're protected: all users who download your forms agree to idemnify you Learn More
|
|
Your Name – enter your name or nickname as you want it displayed |
|
Name of Business |
|
2nd area of practice: (optional) |
please specify field of law here:
|
3rd area of practice: |
please specify field of law here:
|
4th area of practice: |
please specify field of law here:
|
5th area of practice: |
please specify field of law here:
|
Location – where you practice law (fill in as many fields as you
would like) |
|
|
Note: your profile does not go live until
you contribute a form
|
|
Click image below to see how we display your
profile
|
- Receive a free profile listing your firm's areas of expertise
- All contributed forms prominently display your business profile,
which include the optional fields of your phone number, email, and website address(see
example in top right)
- Connect with thousands of businesses, professionals, and potential
customers looking to use your expertise and services
- Your form will be highly optimized for the search engines, enabling people doing
keyword searches related to your business to find you via the profile we display
about you
- Feel good by giving back to the community by providing quality legal and business
forms for free
- You're protected: all users who download your forms agree to idemnify you Learn More
|
|
Your Name – enter your name or nickname as you want it displayed |
|
Name of Business |
|
2nd area of practice: (optional) |
please specify field of law here:
|
3rd area of practice: |
please specify field of law here:
|
4th area of practice: |
please specify field of law here:
|
5th area of practice: |
please specify field of law here:
|
Location – where you practice law (fill in as many fields as you
would like) |
|
|
Note: your profile does not go live until
you contribute a form
|
|
Click image below to see how we display your
profile
|
- Receive a free profile listing your firm's areas of expertise
- All contributed forms prominently display your business profile,
which include the optional fields of your phone number, email, and website address(see
example in top right)
- Connect with thousands of businesses, professionals, and potential
customers looking to use your expertise and services
- Your form will be highly optimized for the search engines, enabling people doing
keyword searches related to your business to find you via the profile we display
about you
- Feel good by giving back to the community by providing quality legal and business
forms for free
- You're protected: all users who download your forms agree to idemnify you Learn More
|
|
|
Our Spam Policy
We hate getting spam as much as you do. So we have implemented a tough spam policy
regading how we deal with your email. We pledge that we will:
- Never rent, trade, or sell any email or any personal information to any third
party without your explicit consent
Terms Of Use
Submissions to this site, including any legal or business forms, posts, responses
to questions or other communications by contributors are not intended as and should
not be construed as legal advice. You are strongly encouraged to consult competent
legal council before engaging in any action based upon content contained on this
site.
These downloadable forms are only for personal use. Retransmission, redistribution,
or any other commercial use is prohibited. This includes reposting forms from this
site to another site offering free legal or other document forms for download.
Please note that the donator may have included different usage terms regarding this
form, and you agree to abide by these terms. It is highly recommended that you have
a licensed attorney review any legal documents for which you are searching in order
to make sure that your needs are being properly and completely satisfied.
Your use of this site constitutes your acceptance of our terms of use and your agreement
to hold this site, its officers, employees and any contributors to this site harmless
for any damage you might incur from your use of any submissions contained on this
site. If you do not agree to the above terms, please do not proceed.
These forms are provided to assist business owners and others in understanding important
points to consider in different transactions. They are offered with the understanding
that no legal advice, accounting, or other professional service is being offered
by these documents or on this website. Laws vary in the different states. Agreements
acceptable in one state may not be enforced the same way under the laws of another
state. Also, agreements should relate specifically to the particular facts of each
situation. Therefore, it is important to consult legal counsel whenever utilizing
these forms. The Forms are not a substitute for legal advice YourFreeLegalForms.com
is not engaged in recommending or referring members on the site or making claims
about the competence, character or qualifications of its participating members.
Close
Thank you for using
Yourfreelegalforms.com
Your online source for 100% free legal and business forms.
Have a form to contribute?
Contribute a legal or business form, checklist or article and have your profile
displayed on the same page as the form for free, powerfull, targeted marketing to
those searching for legal forms and advice.
Rate this form
(must be logged in)
|
|
Social Bookmark this Form
|
|
Advertise your business to thousands for free –
Contribute a form
|
|
Form #588Intellectual Property - Development & Transfer Agreement
Average user rating: |
Not Yet Rated
|
Rate it |
|
Intellectual Property Development and Transfer Agreement - Free Legal Form
|
Need this form customized? |
Download This Form
|
Printer Friendly Version
Terms Of Use
Submissions to this site, including any legal or business forms, posts, responses
to questions or other communications by contributors are not intended as and should
not be construed as legal advice. You are strongly encouraged to consult competent
legal council before engaging in any action based upon content contained on this
site.
These downloadable forms are only for personal use. Retransmission, redistribution,
or any other commercial use is prohibited. This includes reposting forms from this
site to another site offering free legal or other document forms for download.
Please note that the donator may have included different usage terms regarding this
form, and you agree to abide by these terms. It is highly recommended that you have
a licensed attorney review any legal documents for which you are searching in order
to make sure that your needs are being properly and completely satisfied.
Your use of this site constitutes your acceptance of our terms of use and your
agreement to hold this site, its officers, employees and any contributors to this
site harmless for any damage you might incur from your use of any submissions contained
on this site. If you do not agree to the above terms, please do not proceed.
These forms are provided to assist business owners and others in understanding important
points to consider in different transactions. They are offered with the understanding
that no legal advice, accounting, or other professional service is being offered
by these documents or on this website. Laws vary in the different states. Agreements
acceptable in one state may not be enforced the same way under the laws of another
state. Also, agreements should relate specifically to the particular facts of each
situation. Therefore, it is important to consult legal counsel whenever utilizing
these forms. The Forms are not a substitute for legal advice. YourFreeLegalForms.com
is not engaged in recommending or referring members on the site or making claims
about the competence, character or qualifications of its participating members.
|
[FORM]
INTELLECTUAL
PROPERTY
DEVELOPMENT
AND TRANSFER AGREEMENT
               This Intellectual Property Development and
Transfer Agreement (this "Agreement") is made as of February
___, 1996 (the "Effective Date"), between ABC, L.L.C., an
Illinois limited liability company (the "Company") and XYZ
Management Tools and Information Services, Inc., a Massachusetts corporation
(the "Developer").
R
E C I T A L S
A.           The Company was formed to engage in general
management consulting activities with a special emphasis on reviewing the
efficacy of its clients' existing management practices, analyzing how those
practices relate to profitability, and making recommendations for improving
profitability based on adjusting management practices (the "Business
Concept"). To implement the Business Concept, the Company desires to
create a software program to be known as the "MNO" system, which will
track, organize and retain data concerning management practices of various
businesses, and relate those management practices to the profitability, market
share and other seminal business barometers of the entities using such
management practices.
B.           The Developer has expertise in developing
software generally, and has specific expertise in the software applications the
Company desires to include in the "MNO" system.
C.           The Company now desires to retain the
Developer, as an independent contractor on a "contract for hire"
basis, to develop on the Company's behalf, a fully functional version of the
aforesaid "MNO" software, and other items identified below, for the
Company's exclusive ownership and use. The Developer desires to perform such
services for, and to transfer said items to the Company.
C
L A U S E S
               In consideration of the preceding, and the
mutual obligations set forth below, the parties agree as follows:
ARTICLE
1
PROJECT
DEVELOPMENT
               1.1         Retention of Developer.Â
Subject to the terms and conditions of this Agreement, the Company retains
Developer, on an independent contractor - "contract-for-hire" basis
(within the meaning of U.S. copyright law), to develop the "Contract
Materials" (as defined in Section 2.7 below) for the Company's sole and
exclusive benefit and use, and to deliver the same to the Company in accordance
with the terms of this Agreement. Developer accepts the foregoing engagement
with the Company. For purposes of this Agreement, the term "Project"
shall mean the Developer's creation and delivery of the Contract Materials to
the Company in accordance with this Agreement.
               1.2         Contract Software.Â
For purposes of this Agreement, the term "Contract Software"
shall mean all software programs and modules which Developer includes in the
"MNO" system Developer creates for the Company under this Agreement,
including but not limited to all source-codes, object-codes, tool kits,
interfaces, screens, the "Knowledge Databases" (as defined in Section
1.10 below), reports generated, logarithms, engineering, know-how,
specifications, routines, in all languages (whether human or computer) and
media, whether now existing or subsequently developed. The Contract Software
shall satisfy the specifications identified on attached and incorporated Schedule
"A", subject to the Company's approval. The Contract Software
shall be capable of generating the "Strategic Business
Analysis Report"Â and "Management
Practices Report", in form and substance as identified on said Schedule
"A". Generally, these reports will provide clients of the
Company with a detailed analysis of their management practices compared against
other management practices utilized by companies engaged in similar businesses,
shall chart the relationship between management practices and various key
economic indicators (such as but not limited to profitability and market
share), and shall be in form and substance acceptable to the Company. Attached
Schedule "A" also identifies those elements of the
Contract Software which are, or when developed will be, solely proprietary to
the Company, and those items which are nonproprietary, solely because they are
general purpose modules available in the public domain without restriction.Â
All the Contract Software identified in Schedule "A",
whether or not proprietary to the Company, is included in the instant transfer
from Developer to the Company. However, the Developer may continue to use the
nonproprietary, general purpose modules identified in Schedule
"A", in accordance with Section 6.2 below.
               1.3         Documentation.Â
For purposes of this Agreement, the term "Documentation" shall
mean all user and programming manuals, source codes, flow charts, the
"Training Materials" (as defined in Section 1.10 below), the
"Client Survey Forms" (as defined in Section 1.10 below),
illustrations, logic diagrams, designs, program notes, drafts, engineering
plans, feasibility studies, reports generated by the Contract Software,
marketing plans, specifications, the Strategic Business Analysis Report, the
Management Practices Report and all other written documentation concerning the
Contract Software and its development and/or use, and/or developmental versions
of any of the preceding, the Contract Software or the "Prototype" (as
defined in Section 1.4 below).
               1.4         Deliverables.Â
For purposes of this Agreement, the term "Deliverables" shall
mean:Â (i) a fully functional prototype of the Contract Software (the "Prototype")
which has been tested and accepted by the Company and is fully debugged,
ready for commercialization and capable of generating the Strategic Business
Analysis Report and Management Practices Report; (ii) all final Contract
Software; (iii) all associated components, hardware, software, drawings,
technical information, flow charts, designs, engineering plans, specifications,
materials and know-how; and (iv) all Documentation. The Company will not
accept Deliverables which Developer delivers to the Company unless the
Prototype is fully capable of performing the functions and specifications
identified on Schedule "A" to the Company's
satisfaction.
               1.5         Milestones. The
Developer shall develop the Contract Software and deliver the Deliverables to
the Company in accordance with the milestone dates (the "Milestones")
identified on attached and incorporated Schedule "B".Â
The Developer shall provide the Company with the final Deliverables and
Documentation within ____________ (____) days of the Effective Date. If this
Agreement terminates for any reason prior to the Developer's completion of the
Contract Software, the Developer, immediately upon such termination, shall deliver
to the Company all Contract Software, Documentation, other Deliverables and
related items, in their then state of development.  The Developer agrees that
TIME IS OF THE ESSENCE OF THIS AGREEMENT. Therefore, the Developer's failure
to provide any Deliverable or Documentation by its Milestone shall constitute a
material breach of this Agreement.
               1.6         Supply of Materials.6   Supply
of Materials.6Â Â Â Â Supply of Materials. At its sole cost, Developer will provide all:Â (i) capital goods needed or desirable to complete the
Project on a timely, efficient basis, including (but not limited to)
laboratories, engineering and equipment; (ii) materials to be consumed in the
research and development of the Prototype; and (iii) personnel. Developer
shall have the sole obligation to pay all compensation and benefits (if any)
due to the individuals who constitute the Project team.
               1.7         Project Reports.7            Project
Reports.7            Project Reports.              The Developer will
complete the Project to the Company's satisfaction, and shall prepare and
deliver to the
Company quarterly interim reports commencing ninety (90)
days from the Effective Date and continuing until the termination of this
Agreement. The Developer shall not make said reports available to any
individual or entity other than the Company nor use said reports or any
Deliverables for any purpose whatsoever, without the prior, written approval of
the Company.
               1.8         Periodic Meetings         Periodic
Meetings          Periodic Meetings. During the term of this Agreement,
representatives of Developer shall meet with representatives of the Company
within five (5) days of a request by the Company for such meeting, to discuss
the progress and results, as well as ongoing plans, or changes therein,
concerning the Project.
               1.9         Term. The
Developer shall deliver a fully functional Prototype, and all associated
Contract Materials to the Company, on or before ____________ (the "Term").
               1.10       Other Definitions.Â
For purposes of this Agreement, the following terms shall have the following
meanings:
                               (i)          the
term "Client Survey Forms" shall mean forms the Developer
creates to input all Client data into the Knowledge Base as necessary to
generate the Strategic Business Analysis Report and Management Practices
Report;
                               (ii)         the
term "Knowledge Base" shall mean the database generated by the
Contract Software which contains the information taken from the Client Survey
Forms, as well as the other information inputted concerning management
practices and/or business strategies, whether stored, maintained or
reproductive in electronic, magnetic, disk or paper form;
                               (iii)        the
term "Survey Data" shall mean the responses which clients
make to specific questions under the Client Survey forms; and
                               (iv)        the
term "Training Materials" shall mean written Documentation in
the form of user manuals which will permit average computer users to utilize
the Contract Software.
ARTICLE
2
TRANSFERS
               2.1         Grant of Exclusive Ownership
and Use Rights. The Developer sells, grants, conveys and assigns to
the Company, exclusively for and throughout the world, in and for all languages
(including but not limited to computer and human languages whether now existing
or subsequently developed) all the Developer's rights, titles and interests in
the Contract Materials, including but not limited to all rights of the
Developer under all United States federal or state and other "Governmental
Authority" (as defined in Section 2.8 below) intellectual property and
other laws, as well as all rights of the Developer as an author or inventor
under the laws of any Governmental Authority. The foregoing transfer of rights
by the Developer to the Company is all inclusive and without reservation of any
right, title, interest or use, whether now existing or subsequently arising.Â
               2.2         Derivative Works.Â
Developer acknowledges that the Company has the sole right throughout the world
and in all languages (human or computer, now or subsequently existing): (i) to
prepare derivative works based on the Contract Software, Documents and other
Deliverables (collectively "Derivative Works"); (ii) to
reproduce, distribute, copy or display the Contract Software, Documents, other
Deliverables and Derivative Works and all versions thereof; (iii) to sell or
transfer ownership to, or to rent, lease, lend or license the Contract
Software, Documents, other Deliverables and Derivative Works; (iv) to exploit
through any and all means available the Contract Software, Documents, other
Deliverables, Derivative Works and all versions thereof; (v) to authorize
others to do any and all of the aforesaid; and (vi) to
utilize the Contract Materials and Derivative Works in
combination with any other works, in and as part of any collective works, and
to do so in any and all forms, including but not limited to using magnetic
tapes, hard and floppy disks, compact disk or other digital technology and such
solid state forms as exist from time to time, including but not limited to
fibre optics, satellite transmissions, ROM chips and printed circuitry. The
Developer expressly acknowledges that the Company has the sole and exclusive
right to do any and all of the foregoing by all means and via any and all media
now or subsequently existing, including but not limited to all computers,
peripheral equipment, dedicated machines and other hardware devices and all
print media, including books and magazines, motion pictures, radio, video
tapes, compact disks, and all broadcast and cable data wire, and/or optic fibre
transmission systems and networks, whether now existing or subsequently
developed.
               2.3         Grant of Exclusive
Rights to Trademarks and Service Marks. The Developer, grants,
conveys, transfers, alienates and assigns exclusively to the Company, for and
throughout the world and in any and all languages (human or computer) and
media, whether now existing or subsequently developed, all the Developer's
rights, titles, interests (legal, industrial, commercial, equitable, use, as an
author and otherwise) in and to any and all:Â (i) trademarks and service marks
which concern any Contract Materials, whether or not registered, all
applications for the same and the right to obtain registered trademarks,
service marks or other marks concerning the Contract Materials in or under the
laws of any Governmental Authority, including but not limited to the mark
"MNO" or any derivation or graphic depiction thereof; (ii) rights to
record the transfers made under this Agreement in the United States Patent and
Trademark Office or in any other Governmental Authority Office throughout the
world; and (iii) rights to sue for and collect damages predicated on past,
present or future infringements of the preceding, as well as all other claims
and rights to damages associated with the preceding, whether predicated on
past, present or future actions or omissions, and whether or not currently
known or unknown. The Developer shall not utilize any such marks, names or
titles or any variation of the same for any products, technology or services of
any nature, shall not authorize and does not have any right to authorize any
third person to do so, and shall not incorporate any such marks, names or
titles or any marks, names or titles similar thereto in any of Developer's
names.
               2.4         Grant of Exclusive
Rights to Copyrights and Patents. The Developer, grants, conveys,
transfers, alienates and assigns exclusively to the Company, for and throughout
the world and in any and all languages (human or computer) and media, whether
now existing or subsequently developed, all the Developer's rights, titles and
interests (legal, industrial, commercial, equitable, use, as an author or
inventor and otherwise) in and to any and all:Â (i) copyrights and/or patents
of any type or nature in the Contract Materials, whether or not registered, all
applications for the same and the right to file and register the same in the
Company's name or in any other name in any Governmental Authority; (ii) all
discoveries, improvements and/or inventions conceived or first reduced to
practice (as that phrase is used in practice before the United States Patent
and Trademark Office) during the Project or otherwise incorporated in any
Contract Materials; (iii) rights to record the transfers made under this
Agreement in the United States Patent, Trademark and/or Copyright Office and in
any other public offices of any Governmental Authorities throughout the world;
and (iv) rights to sue for and collect damages predicated on past, present or
future infringements of the preceding, as well as all other claims and rights
to damages associated with the preceding, whether predicated on past, present
or future actions or omissions, and whether or not currently known or unknown.Â
               2.5         Further Instruments.Â
The Developer shall execute, acknowledge and deliver to the Company, within
five (5) days of the Company's request for the same, such further instruments
and documents as the Company may request from time to time to facilitate
registration of any such filings or to record the transfers made in this
Agreement in any public office, or otherwise to give notice or evidence of the
Company's exclusive rights to the Contract
Materials.
               2.6         No Retained Rights.Â
The Developer's assignment of the Contract Materials to the Company under this
Agreement constitutes a complete, absolute and exclusive transfer of all rights
(legal, industrial, commercial, equitable, use as an author or inventor and
otherwise) in the Contract Materials, whether currently existing or arising in
the future. The Developer does not reserve or retain any right, title or
interest in any Contract Materials, any component of the Contract Materials or
any trade secrets which concern any Contract Materials, except as specifically
provided otherwise in Section 6.2 below. The Developer acknowledges and agrees
that all the Contract Materials constitute the sole, exclusive and confidential
property of the Company.
               2.7         Contract Materials
Defined. For purposes of this Agreement, the term "Contract
Materials" shall mean the following: (i) all Deliverables; (ii) all
versions of the Prototype, Contract Software, other Deliverables and/or
Derivative Works created for or on, displayable on or contained in any
computers, networks, peripherals, devices, hardware, equipment or other media
of any type; (iii) all written materials concerning the Project, Deliverables
and/or Derivative Works, whether such written materials are set forth in hard
copy, electronic storage, floppy disk, compact disk or other media; (iv) all
source codes, object codes, integrations, bridges, logarithms, modifications,
engineering, know-how, developments, windows, tool kits and programs used in
the Documentation, Deliverables, Contract Software, Prototype and/or Derivative
Works; (v) all inventions and developments concerning the Contract Software or
its functionality or use; (vi) all marketing methods, plans and strategies
concerning the Deliverables, Derivative Works and/or Business Concept; (vii)
the Business Concept itself; and (viii) all enhancements of or improvements to
any Contract Software, Documentation, Deliverables and/or Derivative Works.
               2.8         Governmental Authority
Definitions. For purposes of this Agreement, the following terms shall
have the following meanings:Â (i) the term "United States"
shall mean the United States of America, and all geographical territories and
subdivisions of the United States of America; (ii) the term "Other
Nations" shall mean each country, principality or other independent
territory and each subdivision thereof, which is not a part of the United
States; (iii) the term "Supra-National Authority" shall mean
the European Union, the United Nations, the World Court, the Commonwealth, the
North Atlantic Treaty Organization, the General Agreement on Tariffs and Trade,
the North American Free Trade Agreement and all other multi-national
authorities or treaties which have or may have from time to time jurisdiction
over any of the parties to or any performance under this Agreement; and (iv)
the term "Governmental Authority" shall mean any subdivision,
agency, branch, court, administrative body, legislative body, judicial body,
alternative dispute resolution authority or other governmental institution of
(A) the United States, (B) any state, municipality, county, parish, subdivision
or territory of the United States, (C) all Other Nations, (D) any state,
territory, county, province, municipality, parish or other subdivision of any
Other Nations, and (E) all Supra-National Authorities.
               2.9         Future Assistance.
 During the development of the Contract Materials, the Developer shall
provide the Company with such technical assistance as the Company may request,
free of charge. If, however, the Company desires technical assistance from the
Developer concerning the Contract Materials following the Developer's delivery
to the Company of a fully functional Prototype which the Company accepts, in
writing, the Developer agrees to provide such technical assistance to the
Company upon payment by the Company of reasonable fees to the Developer, as agreed
at the time between the parties. The Developer agrees that any such fees which
it charges to the Company in the future shall be no greater than the lowest
charge the Developer is then utilizing for any of its customers. The Developer
shall provide the Company with all updates, improvements, modifications,
discoveries, concepts, know-how, techniques or ideas which Developer develops,
either on its own or together with
others, following the Effective Date, which concern the
Contract Materials or systems similar to or competitive with the Contract
Materials. The Developer shall assist the Company in adapting such product
improvements to the Contract Materials.
ARTICLE
3
FEE
                               The Company shall
pay the Developer a purchase price (the "Fee") of One Hundred
Twenty Thousand U.S. Dollars ($120,000) for the Developer's successful
completion of the Project. The Company shall pay _______________ percent
(___%) of such amount on the Effective Date, and shall pay the remainder in
installments, solely when the Developer completes various Deliverables by their
respective Milestones, as provided on attached and incorporated Schedule
"B" and to the satisfaction of the Company. Developer agrees
that the foregoing Fee is fixed, and is not subject to increase unless the Company
submits a change order to Developer which materially alters the specifications
for the Project. In the event of such change order, the parties shall agree
upon an adjustment to the Fee to account solely for Developer's actual increase
in costs associated therewith.Â
ARTICLE
4
COOPERATION
               4.1         Referrals. The
Developer shall refer all inquires which it may receive concerning software
systems similar to or competitive with the Contract Materials or any Derivative
Work directly to the Company, within two (2) business days of receiving such
inquiry.
               4.2         Client Solicitation.Â
The Company shall have the right to solicit potential clients to subscribe to
the MNO system in accordance with the Business Concept and to deliver to such
potential clients all information necessary for them to evaluate the Contract
Software and MNO system prior to Developer's completion of the Project. The
Company shall have the sole discretion to negotiate and agree upon all
conditions of licensing, price, warranties, service contracts and other matters
with any such potential clients. Developer, free of charge, shall provide such
information as the Company may request to enable such potential clients to
evaluate the Contract Software, other than direct, out-of-pocket costs such as
"Fed-Ex©" charges.
               4.3 The Company Rights to
Deliverables. The Developer agrees that the Company's rights to all
Deliverables, Documentation and other Contract Materials are coupled with an
interest because the Company will:Â (i) solicit third parties to license
Contract Software and use the MNO system; and (ii) invest a substantial amount
of money and personnel into developing and marketing the Contract Software and
Business Concept. Therefore, the Developer agrees that the Company's rights to
the Contract Materials are irrevocable, and the Developer shall deliver the
same to the Company immediately upon demand irrespective of the stage of
development thereof.
               4.4 Improvements the Company
Develops. The Company shall be the sole legal and beneficial owner of
any and all improvements, inventions, modifications, developments or concepts
the Company develops, on its own or with others, concerning the Contract
Materials, including but not limited to those the Company develops prior to the
Developer's completion of the Contract Materials. If the Company deems the
same to be necessary, the Developer shall execute such documents as the Company
may request to evidence the Company's ownership interest in any such the
Company developments, whether for filing with any public or governmental office
or otherwise.
ARTICLE
5
DEVELOPER
WARRANTIES
               5.1         Authorization. The
Developer represents and warrants that it has full power and authority: (i) to
enter into this Agreement; (ii) to grant to the Company the rights in the
Contract Materials set forth in this Agreement; and (iii) to perform all of its
obligations under this Agreement. The Developer further represents and
warrants that it has taken all corporate action necessary to authorize the
preceding.
               5.2         No Third Party Interest.Â
The Developer represents and warrants that: (i) no third party has any claim,
right, title or interest in any Contract Materials; (ii) no third party
requested the Developer to prepare any of the Contract Materials on behalf of
such third party; and (iii) the Developer has not mortgaged or otherwise
encumbered or permitted the encumbrance of any portion of or rights in any
Contract Materials, granted sold, assigned or licensed any rights in any
Contract Materials, nor entered into any option or other agreement respecting
any such right in any Contract Materials. The Developer represents and
warrants that if any persons other than the Developer's employees participated
in the preparation of any Contract Materials, such persons did so solely for
hire on behalf of the Developer, such persons have assigned irrevocably to the
Developer all rights to the work they performed for the Developer, and such
persons do not have any right, title, claim or interest in or to any part of or
all of the Contract Materials.Â
               5.3         No Infringement. The
Developer represents and warrants that upon delivery of the Contract Materials
to the Company, the Company will be the sole owner of all Contract Materials
free and clear of all claims, liens or encumbrances. The Developer represents
and warrants that the Contract Materials are not in the public domain and do
not infringe any trademark, servicemark, tradename, copyright or patent, or to
the Developer's best knowledge, any other proprietary or trade secret right of
any third party.
               5.4         Original Work. The
Developer represents and warrants that the Contract Materials are wholly
original works, solely organized and created by the Developer and that the
Developer has not copied or reproduced any other individual's or entity's work,
software, codes, documentation, copyrighted material, patented material, patent
application or other document or information when developing any of the
Contract Materials. The Developer has not published all or any portion of the
Contract Materials in any form or manner prior to the Effective Date. The
Developer represents and warrants that the Contract Materials do not contain
any materials which were obtained in an unlawful fashion or which are in any
way unlawful to include within the Contract Materials, and that the Developer
has not prepared any versions of any Contract Materials other than those
delivered to the Company under this Agreement. The Developer represents and
warrants that no claims of copyright or patent relating to any portion or all
of the Contract Materials have been submitted to or filed or registered with
the United States copyright office or any other public office in any other
country throughout the world, whether by the Developer or any third party.
               5.5         No Trademarks. The
Developer has not filed or registered any trademark or claim of trademark
rights in any Governmental Authority office, nor made any agreement with any
third persons with respect to the same, concerning the title or name of the
Contract Materials identified in this Agreement. The Developer has not
registered or attempted to register any similar title or name.Â
               5.6         Contract Software.Â
Developer represents and warrants to the Company that the Contract Software
developed by Developer under this Agreement:Â (i) will be of merchantable
quality and fit for its intended purposes; (ii) will conform to the
specifications identified on attached Schedule "A";
(iii) will not require the licensing of any third party patent rights to use
fully the Contract Software (i.e. there are no blocking patents); and (iv) is
valid and subsisting, is
not in whole or in part invalid or unenforceable, and there
are no outstanding claims, liens or encumbrances therein and Developer has no
knowledge of any information which could render any such intellectual property
invalid and/or unenforceable.
               5.7         Chronology. The
Developer covenants, represents and warrants that it shall prepare an accurate
and complete chronology of events concerning the development of the Contract
Materials, and shall deliver the same to the Company contemporaneously with the
Prototype.
               5.8         Personnel. The
Developer covenants, represents and warrants to the Company that the following
individual officers and key employees (the "Key Employees") of
Developer shall devote their full time and attention to the Project, and shall
continue to do so until the Project is completed in accordance with the terms
of this Agreement:Â (i) William J. Hass; (ii) ____________________; and (iii)
____________________.
ARTICLE
6
RESTRICTIVE
COVENANTS
               6.1         Noncompete.Â
Except for the "Permitted Activity" (as defined below in this
Section), the Developer shall not directly or indirectly, on behalf of itself
or any other individual or entity:Â (i) deliver or provide any product
competitive with the Contract Materials ("Competitive Product")
to any individual or entity doing business in the United States or Canada; (ii)
assist any individual or entity in developing a Competitive Product if such
individual or entity does business in the United States or Canada; or (iii) in
any way use, sell, divulge, disclose, transfer or assign, on its own behalf or
to or with any other individual or entity, any Contract Materials. For
purposes of this Agreement, the term "Permitted Activity"
shall mean the Developer engaging in the following activities:
(i)_________________ , (ii) ___________________________; and
____________________. Except as the foregoing specifically provides concerning
the Permitted Activity, the Developer shall not provide or develop Competitive
Products in the United States or Canada, or for individuals or entities which
do business in the United States or Canada. The Developer shall not, directly
or indirectly, for its own benefit or for the benefit of any other person or
entity, be involved, for a period of four (4) years from the Effective Date in
the development, conception, copying, marketing or reproduction of any
Competitive Products.Â
               6.2         Limited Use of
Nonproprietary Materials. Concerning those materials identified as non
proprietary in attached Schedule "A", the Company
grants to the Developer, and the Developer accepts from the Company, a
non-exclusive and a non-transferable license, to use such non proprietary
materials subject to the express, prior condition that the Developer may not
use such materials to develop, copy, reproduce and/or create, in any manner,
directly or indirectly, for its own use or for the use of any other person or
entity, any Competitive Products. For purposes of this Agreement, the fact
that the Developer, alone or with others, directly or indirectly, for its own
benefit or for the benefit of any other person or entity, is involved in any
way in the development, copying and/or reproduction of any Competitive Products,
shall constitute sufficient evidence that the Developer has improperly used,
for the purpose thereof, Contract Materials, including those labeled as
nonproprietary on Schedule "A", and therefore has
breached its obligations under this Section.
               6.3         Confidentiality
Acknowledgments. The Developer acknowledges that: (i) the Business
Concept, Client Survey Forms, Management Practices Report, Strategic Business
Analysis Report, Knowledge Base, Survey Data, Training Materials and all other
Contract Materials, their programming, application, development, technical
specifications and use, including but not limited to the terms of this
Agreement, are highly confidential and constitute trade secrets of the Company
within the meaning of the Illinois Trade Secrets Act, and are
protectable as trade secrets (the "Trade
Secrets"); (ii) the Company has a proprietary interest in the Trade
Secrets; (iii) the Company has invested and will continue to invest substantial
amounts of time, money and effort to develop and market the Trade Secrets; (iv)
the Company has implemented procedures to maintain the confidentiality of the
Trade secrets; (v) the Company's competitors would obtain unfair economic and
competitive advantages if the Trade Secrets were divulged; (vi) the Company would
suffer irreparable and continuing injury if the Trade Secrets were disclosed;
and (vii) the Trade Secrets form an integral part of the Company's business.Â
The fact that any Contract Materials are marked with a copyright notice shall
not reduce, impair or affect the Trade Secret status of the item so marked, and
instead shall serve solely as notice of the Company's copyrights therein.
               6.4         Confidentiality Duties.Â
In recognition of the importance and sensitivity of the Trade Secrets, the
Developer agrees that it: (i) shall hold the Trade Secrets in trust solely for
the benefit and use of the Company; (ii) shall not directly or indirectly sell,
alienate, transfer, assign, disclose or divulge the Trade Secrets to any person
or entity without the Company's prior, written permission; (iii) shall not
directly or indirectly use the Trade Secrets in or for the benefit of any
individual, business, profession, partnership, corporation, joint venture or
other endeavor, other than as the Company specifically authorizes in writing
and in advance; and (iv) shall not directly or indirectly disclose any terms of
this Agreement.
               6.5         Duty to Disclose.Â
The Developer immediately shall notify the Company of any information which
comes to its attention which does or might indicate that there has been any
loss of confidentiality concerning any Trade Secret. In such event the
Company, in its sole discretion, shall have the right to file litigation to
prevent such spread. The Developer shall cooperate fully with any such proceeding.
               6.6         Purchaser Title
Protection. The Developer covenants that it shall not attack,
compromise, file suit against or in any manner attempt to vitiate or dispute or
commit or fail to take any action which could vitiate or constitute a dispute of
any of the Company's rights, titles or interests in any Contract Materials.Â
The Developer shall not attempt to develop any Competitive Product based on any
Trade Secrets, or through reverse engineering, decompiling, disassembly or any
other method.
               6.7         Infringement Cooperation.Â
If at any time any infringement action is brought concerning any Contract
Materials whether by or against the Company, Developer shall cooperate in any
such infringement action, at the Company's expense, and shall assist the Company
as the Company then directs.
               6.8         Indemnification.Â
The Developer shall defend, indemnify and hold harmless the Company and its
successors, assigns and affiliates (collectively the "Indemnitees"),
on demand, from any liabilities and expenses, including but not limited to
attorneys' and accountants' fees, investigation costs, disbursements,
settlement amounts, expert fees, lost patent rights, lost profits, fines or
penalties which any Indemnitees incur in connection with, and settlement of or
resulting from any claims, actions, suits or proceedings (whether civil,
criminal, administrative or investigative, including all associated appeals)
which involve or threaten any Indemnitees, as parties or otherwise, that are in
any way based upon Developer's or breach of any of its representations or
warranties, or failure to satisfy any of its obligations or covenants in this
Agreement.
ARTICLE
7
MISCELLANEOUS
               7.1 No Agency or Partnership.Â
This Agreement does not constitute the parties as the legal representatives,
partners or joint venturers of each other for any purpose whatsoever. The
parties have no right to create any obligations or
responsibilities, express or implied, on behalf or in the name of the other, or
to bind the other, legally, beneficially or otherwise.
               The Developer's status under this Agreement
is and shall remain that of an independent contractor, and not that of an agent
of the Company for all purposes, including without limitation payment of social
security, withholding and all other taxes which any governmental authority may
impose. The Developer shall defend, indemnify and hold harmless the Company,
its successors and assigns, on demand, from all costs and expenses, including
but not limited to attorneys' fees, court costs, penalties, interest and fines,
associated with the Developer's failure to pay any such taxes or otherwise
comply with the terms of this Agreement.
               7.2 Termination of Agreement.
Â
                               (a) Causes.Â
This Agreement shall terminate upon the occurrence of any of the following
events:Â (i) the parties execute any instrument that specifically terminates
this Agreement; (ii) the expiration of thirty (30) days following the filing of
a petition in bankruptcy by or against Developer, if such petition is not
dismissed during such thirty (30) day period; (iii) the voluntary or
involuntary dissolution of Developer; or (iv) the Company transmits a
termination notice to the Developer due to (A) a breach by the Developer of
this Agreement (in which case such termination shall be effective fifteen (15)
days from the date of such notice), or (B) the Company's dissatisfaction with
the Developer's performance under this Agreement (in which case such
termination shall be effective thirty (30) days from the date of such notice),
or (C) the Developer no longer employs any of the Key Employees on a full-time
basis, in which case termination of this Agreement shall be at the Company's
option, within thirty (30) days of the Company providing termination notice to
Developer. Nothing contained in this Section shall affect or impair any rights
or obligations which arose prior to or at the time of the termination of this
Agreement, or which may arise due to any event which causes this Agreement to
terminate.
                               (b) Delivery of Data.Â
Upon the termination of the Developer's engagement with the Company for any
reason, the Developer immediately shall deliver to the Company all notes, data,
reference materials, memoranda, documents, instruments, records and all other
information which in any way incorporate or reflect any Contract Materials or
Trade Secrets.
               7.3         No Assignment.Â
The Developer may not assign any of its rights, duties or obligations under
this Agreement. The Company may assign this Agreement to any successors.
              Â
               7.4         Notices. All
notices concerning this Agreement shall be given in writing, as follows:Â (i)
by actual delivery of the notice into the hands of the party entitled to
receive it, in which case notice shall be deemed given when delivered; (ii) by
mailing such notice by registered or certified mail, return receipt requested,
in which case the notice shall be deemed given four (4) days from the date of
its mailing; (iii) by Federal Express or any other overnight carrier, in which
case the notice shall be deemed to be given on the date next succeeding the
date of its transmission; or (iv) by Facsimile or other telephonic or fibre
optic transmission of written characters resulting in hard copy being received
by the notified party, in which case the notice shall be deemed given as of the
date it is sent. All notices which concern this Agreement shall be addressed
as follows:
To the Company:Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â To
the Developer:
               7.5         Binding Effect.Â
This Agreement shall be binding upon and inure to the benefit of the Company,
its successors and assigns and the Developer and its permitted successors.Â
This Agreement supersedes any prior understandings, written agreements or oral
arrangements between the parties which concerns the subject matter of this
Agreement. The terms of this Agreement shall govern if there is any conflict
between this Agreement and: (i) any purchase order or invoice which the parties
may exchange; and (ii) any other written instrument which concerns or affects
the subject matter of this Agreement.
               7.6         Complete Understanding.Â
This Agreement constitutes the complete understanding between the parties. No
alteration or modification of any of this Agreement's provisions shall be valid
unless made in a written instrument which both parties sign.Â
               7.7         Applicable Law.Â
The laws of the State of Illinois (other than those pertaining to conflicts of
law) shall govern all aspects of this Agreement, irrespective of the fact that
one of the parties now is or may become a resident of a different state or
country, and without reference to or inclusion or application of the United
Nations Convention on Contracts for the International Sale of Goods, said
Convention being expressly excluded in its entirety. The parties shall submit
all disputes which arise under this Agreement to state or federal courts
located in the City of Chicago, Illinois for resolution. The parties
acknowledge the aforesaid courts shall have exclusive jurisdiction over this
Agreement, and specifically waive any claims which they may have that involve
jurisdiction or venue, including but not limited to forum non conveniens.Â
Service of process for any claim which arises under this Agreement shall be
valid if made in accordance with the notice provisions set forth in Section 7.4
above. If service of process is made as aforesaid, the party served agrees
that such service shall constitute valid service, and specifically waives any
objections the party served may have under any state or federal law or rule
concerning service of process. Service of process in accordance with this
Section shall be in addition to and not to the exclusion of any other service
of process method legally available.
               7.8         Governing Language and
Currency. The English language version of this Agreement shall be the
governing and binding version of this Agreement, irrespective of any other
language this Agreement may be translated into or performed under. All
payments required under and monetary amounts identified in this Agreement shall
be United States of America Dollars.
               7.9         Severability.Â
If a court of competent jurisdiction holds that any one or more of this
Agreement's provisions are invalid, illegal or unenforceable in any respect,
such invalidity, illegality or unenforceability shall not affect any of this
Agreement's other provisions, and this Agreement shall be construed as if it
had never contained such invalid, illegal or unenforceable provisions.
               7.10       Waiver. A
party's attempted waiver, consent or authorization of any kind, whether
required pursuant to the terms of this Agreement or granted pursuant to any
breach or default under this Agreement, shall not be effective or binding upon
such party unless the same is in a written instrument which such party has
signed. Any such waiver, consent or authorization will be valid solely to the
extent specifically set forth in such written instrument. No failure or delay
on the part of either party to this Agreement to exercise any right, remedy,
power or privilege shall preclude or limit any other or further exercise of
such right or the exercise of any other right, remedy, power or privilege with
respect to the same or any other matter.
ABC, L.L.C.,                                                                                        XYZ
MANAGEMENT TOOLS AND
an Illinois limited liability                                                          INFORMATION
SERVICES, INC.,
company                                                                                            a
Massachusetts corporation
By:Â Â Â Â Â Â Â Â Â __________________________Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â By:Â Â Â Â Â Â Â Â Â __________________________
Its:Â Â Â Â Â Â Â Â Â __________________________Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Its:Â Â Â Â Â Â Â Â Â __________________________
Contributed by
FastDue.com |
|
Name of Firm |
FastDue.com |
Location |
Fairfield,
Iowa,
United States |
Total Forms Contributed |
74 |
Phone |
641-209-1761 |
Website |
http://fastdue.com |
Email |
|
Free online business forms for all your invoicing and collection needs.
100% FREE, no login required, easy and secure. |
See All
FastDue.com's Forms |
|
|
|
Our Spam Policy
We hate getting spam as much as you do. So we have implemented a tough spam policy
regading how we deal with your email. We pledge that we will:
- Never rent, trade, or sell any email or any personal information to any third
party without your explicit consent
Terms Of Use
Submissions to this site, including any legal or business forms, posts, responses
to questions or other communications by contributors are not intended as and should
not be construed as legal advice. You are strongly encouraged to consult competent
legal council before engaging in any action based upon content contained on this
site.
These downloadable forms are only for personal use. Retransmission, redistribution,
or any other commercial use is prohibited. This includes reposting forms from this
site to another site offering free legal or other document forms for download.
Please note that the donator may have included different usage terms regarding this
form, and you agree to abide by these terms. It is highly recommended that you have
a licensed attorney review any legal documents for which you are searching in order
to make sure that your needs are being properly and completely satisfied.
Your use of this site constitutes your acceptance of our terms of use and your agreement
to hold this site, its officers, employees and any contributors to this site harmless
for any damage you might incur from your use of any submissions contained on this
site. If you do not agree to the above terms, please do not proceed.
These forms are provided to assist business owners and others in understanding important
points to consider in different transactions. They are offered with the understanding
that no legal advice, accounting, or other professional service is being offered
by these documents or on this website. Laws vary in the different states. Agreements
acceptable in one state may not be enforced the same way under the laws of another
state. Also, agreements should relate specifically to the particular facts of each
situation. Therefore, it is important to consult legal counsel whenever utilizing
these forms. The Forms are not a substitute for legal advice YourFreeLegalForms.com
is not engaged in recommending or referring members on the site or making claims
about the competence, character or qualifications of its participating members.
Close
Thank you for using
Yourfreelegalforms.com
Your online source for 100% free legal and business forms.
Have a form to contribute?
Contribute a legal or business form, checklist or article and have your profile
displayed on the same page as the form for free, powerfull, targeted marketing to
those searching for legal forms and advice.
Rate this form
(must be logged in)
|
|
Social Bookmark this Form
|
|
Keywords: Intellectual property, IP transfer, legal forms
|
|
|