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Invention Confidentiality Agreement for the United Kingdom

Invention Confidentiality Agreement Template for England and Wales

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Key Requirements PROMPT example:

Invention Confidentiality Agreement

"I need an Invention Confidentiality Agreement to protect my new medical device invention while discussing it with potential manufacturers in the UK, and I need specific provisions for protection of technical drawings and prototype specifications."

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What is a Invention Confidentiality Agreement?

An Invention Confidentiality Agreement is essential when inventors or businesses need to share sensitive technical information about new inventions while maintaining legal protection. This agreement is particularly crucial in England and Wales, where disclosure of an invention prior to patent filing can invalidate patent rights. The document typically covers detailed description of the invention, permitted uses of the information, obligations of receiving parties, and duration of confidentiality obligations. It's commonly used during technology licensing discussions, investment negotiations, or when seeking manufacturing partners.

What sections should be included in a Invention Confidentiality Agreement?

1. Parties: Identification and details of the disclosing and receiving parties

2. Background: Context of the disclosure and purpose of the agreement

3. Definitions: Key terms including 'Confidential Information', 'Invention', 'Purpose'

4. Confidentiality Obligations: Core obligations regarding non-disclosure and permitted uses

5. Term and Termination: Duration of agreement and termination provisions

6. Return of Information: Obligations regarding return or destruction of confidential information

What sections are optional to include in a Invention Confidentiality Agreement?

1. Employee and Representative Obligations: Used when receiving party needs to share with employees/contractors

2. Patent Rights: Include when invention may be subject to future patent application

3. Publicity: Include if parties want to control public statements about relationship

4. Non-Competition: Include if receiving party should be restricted from competing activities

What schedules should be included in a Invention Confidentiality Agreement?

1. Description of Invention: Detailed technical description of the invention

2. Authorized Recipients: List of individuals/entities authorized to receive information

3. Security Measures: Specific security protocols for handling confidential information

Authors

Alex Denne

Head of Growth (Open Source Law) @ ¶¶Òõ¶ÌÊÓÆµ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

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