| We are requesting to examine your proposal concerning
the potential one of your products being marketed as a new product
and for discussion purposes known as:
The X product which involves
the [your full product description]
in order to assess it for the purposes of determining whether
to repackage, produce, promote, market, sell, manufacture versions
designed to service this market niche or distribute the product
or to decide if we have any further interest in same.
We recognize that you hold exclusive proprietary rights to the
concept and that you are prepared to disclose it and its uses to
us in complete confidence. In consideration for this we agree to
the following terms and conditions:
We shall oblige ourself to the strictest secrecy in connection
with the concept and will not, under any circumstances whatsoever,
directly or indirectly reveal any information regarding the concept,
nor shall we disclose the concept to any person, legal or moral,
without your prior written consent;
We shall not use, sell, manufacture, repackage, market, disclose
or in any manner utilize the concept or invention for profitable
gain without first having obtained your written consent;
We may show the concept to or discuss it with those of our associates
directly involved in the process of it's assessment; however those
persons must first undertake to sign a letter similar to this one
for your benefit prior to disclosure;
We recognize that through signing this document we will not obtain
any rights or privileges under any copyrights or applications in
connection with the concept;
We shall promptly refer to you any inquiries that we may receive
from any person, legal or moral in relation to the concept;
We shall return the documentation describing the concept and any
information, documentation or illustrations thereof, to you immediately
upon request and shall not retain or make copies or samples thereof
or permit others to do so;
This document shall be binding upon us, our employees, agents,
subcontractors and other persons for whom we are responsible in
Law.
Yours truly,
Per: _______________
Date: _______________
Witness: _______________
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