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Nondisclosure Agreement for Inventors

Publication Date March 2008
Edition 6
Forms 1 forms
Format PDF Download
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eFormKit (PDF - 150 KB)

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Description

It's no secret that inventors need to protect their secrets. If you present an invention to a prospective buyer or licensee, it can be stolen. The best way to protect yourself is with a nondisclosure agreement.

But it's not enough to hand a company a one-size-fits-all nondisclosure agreement and expect a signature. The company may request modifications to the inventor's agreement, supply its own agreement or actually require an inventor to give up claims of confidentiality.

This plain-English eFormKit helps inventors create, modify and understand nondisclosure agreements. In addition to providing sample agreements, it explains:

  • the laws concerning trade secrets and their limitations
  • the risks of proceeding without a nondisclosure agreement
  • the dangers posed by waiver agreements
  • what to do if a company won't sign an agreement
  • which modifications help the inventor and which modifications can hurt
  • the perils of disclosing to employees, contractors and attorneys
  • the meaning of each of the legalese "boilerplate" provisions in nondisclosure agreements

Disclosing your invention requires a balancing act: Presenting the best aspects of your invention while protecting the confidential aspects of your work. With this eFormKit an inventor can effectively maintain the necessary balance and minimize the risks of disclosure. Download it now.

Forms

  • One Way Nondisclosure Agreement

Table of Contents

  • A. What Are Trade Secrets?
  • B. Nondisclosure Agreements
  • C. Proceeding Without an Agreement
  • D. Waiver Agreements
  • E. When You Have Sufficient Bargaining Power
  • F. Disclosing to Employees and Contractors
  • G. Disclosing to an Attorney
  • Appendix

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  • cookies are disabled on your computer, or
  • a firewall prevents you from downloading files from the Internet.

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  • A decompression utility such as the following, both of which can be downloaded for free:
  • 7-Zip (http://www.7-zip.org) (for Windows users).
  • StuffIt Expander (http://my.smithmicro.com/mac/stuffit/expander.html) (for Macintosh). Please note: Many recently manufactured Macs have a native capability to decompress zip files. See your computer's user manual for verification of this and instructions for access.

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  • Windows XP & Vista both come with WordPad, an RTF-compatible word processor.
  • Macintosh OS X comes with TextEdit, an RTF-compatible word processor; non-OS X users need Word 5.0 or greater, WordPerfect 2.1 or greater, or another RTF-compatible word processor.