Nebraska Revised Statutes
Chapter 87 - Trade Practices
87-603 - Contract for invention development services; requirements; option to terminate.

87-603. Contract for invention development services; requirements; option to terminate.
(1) Every contract for invention development services shall be in writing and shall be subject to the Invention Development Services Disclosure Act. A copy of the written contract shall be given to the customer at the time he or she signs the contract.
(2) If it is the invention developer's normal practice to seek more than one contract in connection with an invention or if the invention developer normally seeks to perform services in connection with an invention in more than one phase with the performance of each phase covered in one or more subsequent contracts, the invention developer shall so state in writing at the time the customer signs the first contract and shall supply to the customer such writing together with a written summary of the developer's normal terms, if any, of such subsequent contracts, including the approximate amount of the developer's normal fees or other consideration, if any, that may be required from the customer.
(3) Notwithstanding any contractual provision to the contrary, no payment for invention development services shall be required, made, or received until three business days after the date on which the customer receives a copy of the contract for invention development services signed by the invention developer and the customer. Delivery of a promissory note, check, bill of exchange, or negotiable instrument of any kind to the invention developer or to a third party for the benefit of the invention developer, irrespective of the date or dates appearing in such instrument, shall be deemed payment for the purpose of this section.
(4) The parties to a contract for invention development services shall have the option to terminate the contract until payment is made. The customer may exercise the option by refraining from making payment to the invention developer. The invention developer may exercise the option to terminate by giving to the customer a written notice of its exercise of the option, which written notice shall become effective upon receipt by the customer.
Source

Structure Nebraska Revised Statutes

Nebraska Revised Statutes

Chapter 87 - Trade Practices

87-126 - Act, how cited.

87-127 - Intent.

87-128 - Terms, defined.

87-129 - Mark; not registered; when.

87-130 - Application for registration; contents.

87-131 - Application; fee; examination; disclaimer; amendments; reapplication; application priorities.

87-132 - Certificate of registration; contents; how treated.

87-133 - Registration; term; renewal; renewal fee; prior registration and proceedings.

87-134 - Registration; assignment; change of name; other recordings; fees.

87-135 - Public records.

87-136 - Cancellation from register.

87-137 - Classification of goods and services; rules and regulations.

87-138 - Fraudulent representation; liability.

87-139 - Unauthorized use; liability.

87-140 - Famous mark; factors; remedies.

87-141 - Injunction; damages; attorney's fees.

87-142 - Cancellation or registration of mark; action; procedure.

87-143 - Common law; construction of act.

87-144 - Fees; not refundable.

87-208 - Terms, defined.

87-209 - Trade name; not registered; when.

87-210 - Trade name; application for registration; requirements; Secretary of State.

87-211 - Trade name; registration; term effective; renewal; fee; statement.

87-212 - Trade name; assignment; recordation; fee.

87-213 - Secretary of State; record; public examination.

87-214 - Registration; Secretary of State; cancel; when.

87-215 - False representation or declaration; damages.

87-216 - Action for misuse; when.

87-217 - Injury to business; injunction; remedies; attorney's fees.

87-218 - Trade name; enforcement of rights.

87-219 - Trade name; publication; file; failure; effect.

87-219.01 - Trade name; protest registration; procedure.

87-301 - Terms, defined.

87-302 - Deceptive trade practices; enumerated.

87-303 - Deceptive trade practices; damages; injunction; costs; additional remedy.

87-303.01 - Unconscionable act or practice; violation; determination.

87-303.02 - Deceptive trade practice or unconscionable act; Attorney General; powers.

87-303.03 - Attorney General; additional powers.

87-303.04 - Attorney General; order; failure or refusal to obey; court; powers.

87-303.05 - Attorney General; temporary restraining order; civil action; written assurance of voluntary compliance; deceptive practice; burden of proof.

87-303.06 - Claims not barred.

87-303.07 - Sale or lease agreement; unenforceable; when.

87-303.08 - Violations; penalty.

87-303.09 - Injunction, declaratory judgment, written assurance; violation; penalty.

87-303.10 - Civil action; statute of limitations.

87-303.11 - Violations; civil penalty; recovery; procedure.

87-303.12 - Copy of pleadings, orders, judgments, and notices; provided to Attorney General; right to intervene.

87-304 - Applicability of act.

87-305 - Act, how construed.

87-306 - Act, how cited.

87-401 - Legislative intent.

87-402 - Terms, defined.

87-403 - Franchise; sections, applicable; when.

87-404 - Franchise; termination, cancellation, or failure to renew; notice; when; good cause; noncompete agreement; reform; when; franchisor; duties.

87-405 - Franchisee; transfer, assign, or sell franchise or interest therein; notice; contents; franchisor; approval required.

87-406 - Prohibited practices; enumerated.

87-407 - Sections; applicability.

87-408 - Action by franchisee; defense.

87-409 - Franchisee; action to recover damages; injunction; costs.

87-410 - Act, how cited.

87-411 - Motor fuel franchises; death of franchisee; effect.

87-412 - Designation of successor in interest; rights; notice of election to operate franchise.

87-413 - Successor in interest; trial lease and franchise agreement; procedure.

87-414 - Applicability of sections.

87-501 - Act, how cited.

87-502 - Terms, defined.

87-503 - Misappropriation; injunction; royalty; affirmative acts.

87-504 - Misappropriation; damages.

87-505 - Court proceedings; preserve secrecy.

87-506 - Statute of limitation.

87-507 - Applicability of act.

87-601 - Act, how cited.

87-602 - Terms, defined.

87-603 - Contract for invention development services; requirements; option to terminate.

87-604 - Contract for invention development services; cover sheet; contents; invention developer; duties.

87-605 - Contract for invention development services; written report; contents.

87-606 - Contract for invention development services; contents.

87-607 - Contract for invention development services; voidable; when; civil action authorized; additional amount distributed to common schools; when; rebuttable presumption.

87-608 - Attorney General; enforcement duties; civil penalty.

87-609 - Invention developer; bond; filings required; fees.

87-610 - Remedies; not exclusive.

87-701 - Act, how cited.

87-702 - Legislative findings.

87-703 - Terms, defined.

87-704 - Prohibited acts.

87-705 - Dealer agreement; terminate, cancel, or not renew; notice; sale or transfer; duties of supplier.

87-706 - Repair parts; returns; duties of supplier.

87-707 - Termination of dealer agreement; supplier and dealer; rights and duties; liability.

87-708 - Death or incapacity of dealer; heirs or personal representative; rights and remedies.

87-709 - Dealer agreement; void and unenforceable; when; violations; remedies.

87-710 - Obligations; applicability to successors.

87-711 - Act; applicability.

87-801 - Act, how cited.

87-802 - Terms, defined.

87-803 - Breach of security; investigation; notice to resident; notice to Attorney General.

87-804 - Compliance with notice requirements; manner.

87-805 - Waiver; void and unenforceable.

87-806 - Attorney General; powers; violation; how treated.

87-807 - Act; applicability.

87-808 - Security procedures and practices; disclosure of computerized data; contract provisions; compliance.