Patent Allocation Agreement Sample Contracts

PATENT ALLOCATION AGREEMENT
Patent Allocation Agreement • July 18th, 2017 • California

This Agreement is entered into this day of , 20 , by and among the Paranotek, LLC (“Paranotek’) and Lauri Vilhelm Tunnela, a citizen of the Republic of Finland (“Inventor”). The purpose of this Agreement is to define a basis for cooperation between the parties in the development, protection, and commercial exploitation of a certain invention made by Inventor.

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