Effective - 28 Aug 1995
417.406. Contract for invention development services, form, content. — Every contract for invention development services shall set forth in at least 10-point boldface type, or equivalent size if handwritten, all of the following:
(1) A full and detailed description of the acts or services that the invention developer undertakes to perform for the customer. To the extent that the description of acts or services grants the invention developer discretion to decide what acts or services are to be performed by the invention developer, the invention developer shall exercise that discretion to promote the best interests of the customer;
(2) A statement whether the invention developer undertakes to construct one or more prototypes, models, or devices embodying the customer's invention;
(3) A statement whether the invention developer undertakes to sell or distribute one or more prototypes, models or devices embodying the customer's invention;
(4) The name of the person or firm contracting to perform the invention development services, the name under which said person or firm is doing business as an invention developer, and the name of any parent, subsidiary or affiliated company that may engage in performing the invention development services;
(5) The invention developer's principal business address and the name and address of his agent in the state of Missouri authorized to receive service of process;
(6) The business form of the invention developer, whether corporate, partnership, or otherwise;
(7) If an oral or written estimate of projected customer sales, profits, earnings or royalties is made by the invention developer, the contract shall state the estimate and the data on which the estimate is based;
(8) The name and address of the custodian of all records and correspondence relating to the performance of the invention development services;
(9) The expected date of completion of the invention development services, whether time is of the essence, and whether the terms include provisions in case of delay past the expected date of completion;
(10) The terms and conditions of payment and contract termination rights as set forth in section 417.412; and
(11) The extent to which the contract effectuates or makes possible the acquisition by the invention developer of an interest in the title to the customer's invention.
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(L. 1995 S.B. 80 & 88)
Structure Missouri Revised Statutes
Title XXVI - Trade and Commerce
Chapter 417 - Trademarks, Names and Private Emblems
Section 417.005 - Definitions.
Section 417.011 - Prohibited marks.
Section 417.018 - Additional fee — expiration date.
Section 417.026 - Term of registration — notice of expiration, when required.
Section 417.031 - Assignment of mark, procedure.
Section 417.036 - Registry of marks open to public.
Section 417.041 - Cancellation of marks, when.
Section 417.051 - Fraudulent filing or registration — civil damages to injured party.
Section 417.056 - Prohibited acts — civil action for damages, when.
Section 417.100 - Facsimile of brands to be recorded.
Section 417.130 - Recorder's certificate, evidence.
Section 417.150 - Misuse of names of certain societies prohibited.
Section 417.160 - Use of emblems regulated.
Section 417.170 - Adoption of name and emblem — registration form, fee.
Section 417.175 - Registration of emblem effective for five years, renewal procedure, fee.
Section 417.180 - Penalty for violation.
Section 417.190 - Penalty for improper use of emblem of automobile club.
Section 417.200 - Fictitious names to be registered.
Section 417.217 - Foreign businesses, registration, when — exemption from, when.
Section 417.220 - Registration fee.
Section 417.230 - Penalty for failure to register.
Section 417.240 - Owner of farm may register name of same.
Section 417.250 - Description of mark, where filed — notice of use.
Section 417.260 - Duties of recorder and secretary of state — fees.
Section 417.270 - Penalty for violation.
Section 417.280 - What constitutes evidence.
Section 417.290 - Acceptance of deposit does not constitute a sale.
Section 417.310 - Receptacles — unlawful use.
Section 417.320 - Receptacles — unlawful possession.
Section 417.330 - Search warrants — prosecution.
Section 417.350 - Terms construed.
Section 417.360 - "Sale" construed.
Section 417.400 - Definitions.
Section 417.406 - Contract for invention development services, form, content.
Section 417.412 - Termination of contract, procedure — service on contract not required, when.
Section 417.430 - Assignee of invention developer subject to all claims and defenses of customer.
Section 417.433 - Report in writing to be delivered quarterly to customer — content.
Section 417.436 - Invention developer law not exclusive subject to applicable laws.
Section 417.450 - Law how cited.
Section 417.453 - Definitions.
Section 417.457 - Damages for misappropriation — punitive damages awarded, when.
Section 417.459 - Court's duty in misappropriation, action to preserve secrecy of trade secret.
Section 417.465 - Purpose of the uniform law.
Section 417.467 - Effect of existing misappropriation prior to August 28, 1995.