Description
Pre-partnering conversations usually follow a familiar sequence: a confidentiality agreement before technical details are shared, an evaluation period in which the prospective partner tests the invention, and a non-binding term sheet that outlines the deal before lawyers draft the final agreement. This kit gives you educational starting-point templates for each stage, so you understand the typical structure and the questions to raise with your attorney.
What’s included
- Mutual Non-Disclosure Agreement (NDA) template, editable.
- Invention Evaluation Agreement template, covering evaluation scope, period, return of materials and ownership of improvements.
- Non-binding Partnership Term Sheet template, outlining key commercial points such as structure, exclusivity, payments or royalties, milestones and IP defense.
- Plain-English notes explaining the purpose of each section and common points of negotiation.
- A checklist of questions to discuss with your attorney before signing anything.
Who it’s for
Inventors and small companies preparing to approach potential partners, investors who want to understand typical pre-partnering documents, and anyone who wants to arrive at a meeting with their attorney better prepared.
How it works
After purchase, you receive a download link for the kit in editable document formats. Read the notes, adapt the templates to your situation, and have them reviewed by a qualified attorney in your jurisdiction before use. Laws and enforceability vary by country and state, and every deal is different.
Important: these templates are provided for educational purposes only. They are not legal advice, do not create an attorney-client relationship, and may not be suitable for your situation without professional review.
