Patents grant an inventor the right to exclude others from producing or using the inventor's discovery or invention for a limited period of time. In order to be patented an invention must be novel, useful, and not of an obvious nature. There are three types of patents: a) "utility patent" which includes a process, a machine (mechanism with moving parts), manufactured products, and compounds or mixtures (such as chemical formulas); b) "design patent" which is a new, original and ornamental design for a manufactured article; and c) "plant patent" which is a new variety of a cultivated asexually reproduced plant.
Wisconsin Short Form Nondisclosure Agreement between Inventor and Person with whom Patent is Discussed: A Wisconsin Short Form Nondisclosure Agreement is a legally binding contract used to protect the intellectual property rights of an inventor while discussing their patent with another party. This agreement ensures that any confidential information shared during discussions remains confidential and prohibits the recipient from disclosing or using it for personal gain or to the detriment of the inventor. Keywords: Wisconsin, short form, nondisclosure agreement, inventor, patent, discussed, intellectual property, confidential information, recipient, disclosing, using, personal gain, detriment. Types of Wisconsin Short Form Nondisclosure Agreements between Inventor and Person with whom Patent is Discussed: 1. Mutual Wisconsin Short Form Nondisclosure Agreement: This type of agreement is used when both parties are sharing confidential information with each other. It ensures that both parties are protected and bound by the same terms regarding the non-disclosure and non-use of the shared information. 2. Unilateral Wisconsin Short Form Nondisclosure Agreement: This type of agreement is used when only one party, typically the inventor, is disclosing confidential information to the other party. It restricts the recipient from disclosing or using the inventor's information without prior consent, providing the inventor with necessary protection. 3. Term-limited Wisconsin Short Form Nondisclosure Agreement: This variation of the agreement includes a specified time period during which the recipient is obligated to maintain confidentiality. After the defined term expires, the recipient is relieved from the non-disclosure obligations, allowing more flexibility for the inventor. 4. Non-compete Wisconsin Short Form Nondisclosure Agreement: In addition to nondisclosure provisions, this type of agreement may include clauses preventing the recipient from engaging in similar business activities that may compete with the inventor during a specified period. This provides additional assurance to the inventor that their confidential information will not be misused or exploited for competitive purposes. 5. Technology-specific Wisconsin Short Form Nondisclosure Agreement: This agreement is tailored to address unique aspects of a particular technology, industry, or patent subject. It may include specific conditions, restrictions, or definitions that pertain to the specific invention or technical field, ensuring comprehensive protection for the inventor in their specific domain. Remember, it is always advisable to seek legal counsel to draft or review any nondisclosure agreement to ensure it meets the specific requirements and legal frameworks in Wisconsin.
