SIMON FRASER UNIVERSITY
University/Industry Liaison Office
Telephone: (604) 291-4292 Facsimile (604) 291-3477
This AGREEMENT effective and entered into as of the ________ day of ____________ 199___.
It is understood between us that I have in my possession an invention relating to:
which your company is interested in evaluating for possible use, subject to conditions to be agreed upon.
In consideration of the submission by me to you of a disclosure of the above-named invention, you agree as follows:
1. To keep such disclosure in confidence and not disclose it to any other third party or use it without prior written permission.
2. To use any drawings, specifications, models or other materials relating to the invention provided by me or any materials arising out of the same, for the purpose only of evaluating the invention; you specifically agree not to use the invention other than for the purpose disclosed, nor to manufacture, use or sell the said invention or any part thereof without my prior consent in writing.
3. To return to me any specifications, plans, drawings, prototypes, models, documents and any copies thereof or materials delivered, or any materials arising out of the foregoing, upon completion of the purposes for which the materials were delivered.
4. The obligation to hold the disclosure in confidence shall terminate ten (10) years from this date, or at such time as the above-named invention becomes known to the public, either through issuance of a patent or otherwise.
If you are agreeable to your company considering the above-named invention on the terms and conditions set forth above, please signify you acceptance of these terms and conditions by signing and dating one copy of this letter and returning the signed copy to the undersigned.
SIGNED FOR AND ON BEHALF OF SIGNED FOR AND ON BEHALF OF
SIMON FRASER UNIVERSITY by: THE RECIPIENT by:
Director, University /Industry Liaison OFfice (COMPANY NAME/SIGNATORY)