Fill and Sign the Agreement Invention 497330455 Form

AGREEMENT FOR EXHIBITION OF UNPATENTED INVENTION OR IDEA TO PROSPECTIVE PURCHASER ______________________________________________________________________________ Effective Date: County and State ______________________________________________________________________________ INVENTOR PROSPECTIVE PURCHASER (Name, Address and Zip Code) (Name, Address and Zip Code) ______________________________________________________________________________ INVENTION OR IDEA (Description) A precise notarized replica of the idea is contained in a self - addressed envelope in the possession of Inventor. 1. Consideration. In consideration for the mutual and reciprocal promises of the persons who have signed this agreement, the undersigned parties enter into this agreement in accordance with terms hereinafter set forth. 2. Ownership. The parties acknowledge that the Inventor is the absolute owner of the invention or idea. 3. Exhibition. On the execution of this Agreement the Inventor will exhibit his invention or idea to the Prospective Purchaser. a. Date and Time. The exhibition will be at this time___________________________ on this date ________________________________. b. Location. The location of the exhibition will be _______________________________. 4. No Further Obligation. By the execution of this Agreement the Prospective Purchaser incurs no obligation to purchase the invention or idea. 5. Return of Invention. The invention or idea shall be returned to the inventor upon his written demand, or upon, _______________________________________________whichever occurs first. 6. Future Disclosures. Prospective Purchaser agrees to use its best efforts to keep all information concerning the invention or idea secret. Before any future disclosures to another are made: a. Secrecy Agreement. Prospective Purchaser will require the other to execute a Secrecy agreement similar to this one prior to disclosure. b. Other Conditions (specify): - 1 - _______________________________________ Signature of Inventor _______________________________________ Signature of Prospective Purchaser SUBSCRIBED AND SWORN BEFORE ME THIS DATE: ____________________ Notary Public ___________________________________( seal ) - 2 -