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Form #700Infringement of Patents
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Infringement of patents.
A is engaged in the manufacture of _________ which are
alleged to be infringements of certain patents.
B wishes to be protected against loss by reason of
purchasing and selling _________ and to be indemnified upon any guaranty that B
may give to any person or persons purchasing and using such _________.
Therefore, it is agreed between the parties that A
will sell B _________ at _____% below list price, and that B shall retain
_____% of the list price to secure and indemnify them against loss and damage
in defending any suit brought against them because of their purchase or sale of
such _________; also to protect and indemnify them against loss caused by any
guaranty given to any person or persons in case any suit should be instituted
against them on account of using such _________ purchased from B.
B shall retain the _____% in case of _________ already
purchased by them as well as those to be purchased to secure and indemnify them
against loss as provided above.
B shall, at the expiration of one year, if all litigation
has been finally settled which in any way affects the right of B to purchase or
sell the _________, or in any way affects the rights of any person or persons
in using any of the _________ which person or persons purchased of B, pay over
to A the _____% of the list price retained by them, with interest, for the
purpose set forth in this agreement. Provided, however, that such payment shall
not be required to be made unless A shall make good to B all loss, expense and
damage, if any, which B has suffered by reason of any such suits instituted
against them or on account of any such suit brought against persons to whom B
has sold _________.
B shall give immediate notice to A of any and all
suits instituted against B on account of the purchasing or selling the
_________, and also shall give immediate notice of any and all suits instituted
against any person or persons on account of the person or persons using the
_________ which were sold to the person or persons by B.
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site.
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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
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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.
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Keywords: legal forms, patents, infringement
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