DIY Legal Forms

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Limitations Patents & Trade Secrets

Any idea or concept considered proprietary information discovered by any partners in the firm during the length of the partnership shall become the property of the partnership. No partner shall have the authority to withhold or use any of this proprietary information, (regardless of form-i.e. patents or trade secrets) for their personal benefit. All of such information, as previously stated, is property of the partnership.

Dated:

____________________________

Signature and Title

____________________________

Signature and Title

____________________________

Signature and Title

*** If Required By State Law ***

This Section for Notary:

ACKNOWLEDGMENT

State of _________

County of ________ [COUNTY]

On [DATE] before me, [NAME OF NOTARY], notary, personally appeared [NAME OF PERSON(S) INVOLVED], personally known to me (or proved to me on the basis of satisfactory evidence) to be the person(s) whose name(s) is/are subscribed to the within instrument and acknowledged to me that he/she/they executed the same in his/her/their authorized capacity(ies), and that by his/her/their signature(s) on the instrument the person(s), or the entity upon behalf of which the person(s) acted, executed the instrument.

Witness my hand and official seal.

Signature ________
Notary

My commission expires: _____

(Seal)