Inventions Royalty Agreement Sample Contracts

INVENTIONS ROYALTY AGREEMENT
Inventions Royalty Agreement • September 25th, 2007 • Nature Vision, Inc. • Photographic equipment & supplies • Minnesota

This INVENTIONS ROYALTY AGREEMENT (“Agreement”) is made as of September 20, 2007, by and between Nature Vision, Inc., a Minnesota corporation (“Buyer”) and Gary R. Lynn (“Lynn”), John T. Bergstue (“Bergstue”), and James G. Streib (“Streib”) (where Lynn, Bergstue and Streib are individuals, each of whom may be referred to as a “Member” or collectively as “Members,”), Todd E. Hallquist, an individual (“Hallquist”) and Jabez Development, LLC, a New York limited liability company (“Jabez”), where Members, Hallquist and Jabez are referred to collectively as the “Inventors”).

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