Nebraska Statutes

§ 87-606 — Contract for invention development services; contents

Nebraska·Ch. 87 Trade Practices

Every contract for invention development services shall set forth in boldface of at least ten-point type the following:

(1)The terms and conditions of payment and contract termination rights required by section 87-603 ;
(2)A full, clear, and concise description of the specific acts or services that the invention developer undertakes to perform for the customer. To the extent that the description of the specific acts or services affords discretion in the invention developer as to what specific acts or services will be performed, the invention developer shall be deemed a fiduciary;
(3)A statement as to whether the invention developer undertakes to construct, sell, or distribute one or more prototypes, models, or devices embodying the customer's invention;
(4)The name and principal place

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Legislative History

Source: Laws 1991, LB 96, § 6.

Nearby Sections

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