An invention may be protected by treating it as a secret process or product, as opposed to applying for patent protection, to prolong the inventor's rights to the invention beyond the term set for patents. This form is a generic example that may be referred to when preparing such a form for your particular state. It is for illustrative purposes only. Local laws should be consulted to determine any specific requirements for such a form in a particular jurisdiction.
Alaska Agreement for the Exploitation of a Secret Process with Option to Purchase Process
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How to fill out Agreement For The Exploitation Of A Secret Process With Option To Purchase Process?
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On March 30, 1867, the United States reached an agreement to purchase Alaska from Russia for a price of $7.2 million. The Treaty with Russia was negotiated and signed by Secretary of State William Seward and Russian Minister to the United States Edouard de Stoeckl.
Strategically, the Russian tsar wanted to eliminate the British threat by selling Alaska to the United States and thus separating the British territories from the Russian ones. The United States (US) bought Alaska for $7.2 million ($133 million in today's worth).
Defeat in the Crimean War further reduced Russian interest in this region. Russia offered to sell Alaska to the United States in 1859, believing the United States would off-set the designs of Russia's greatest rival in the Pacific, Great Britain.
The Senate approved the treaty of purchase on April 9; President Andrew Johnson signed the treaty on May 28, and Alaska was formally transferred to the United States on October 18, 1867. This purchase ended Russia's presence in North America and ensured U.S. access to the Pacific northern rim.
With this check, the United States purchased Alaska from Russia for $7.2 million. In 1866 the Russian government offered to sell the territory of Alaska to the United States. Secretary of State William H. Seward, enthusiastic about the prospects of American Expansion, negotiated the deal for the Americans.
1. The United States does appear to have the right to sell Alaska or give it away without talking to its debt holders.
After an all-night negotiating session, the treaty was signed at 4am on March 30th, 1867. The agreed price was $7.2 million, equivalent to around $120 million today, which works out at about two cents an acre.
Seward and Russian envoy Baron Edouard de Stoeckl signed the Treaty of Cession. With a stroke of a pen, Tsar Alexander II had ceded Alaska, his country's last remaining foothold in North America, to the United States for US$7.2 million.
The purchase added 586,412 sq mi (1,518,800 km2) of new territory to the United States for the cost of $7.2 million 1867 dollars. In modern terms, the cost was equivalent to $140 million in 2021 dollars or $0.39 per acre.
In modern terms, the cost was equivalent to $140 million in 2021 dollars or $0.39 per acre.