Patent Confidentiality Letter
If you are a creative person and have come with a new idea for a product you may wish to have it patented so that no one can profit from your idea. What you may not know is that if you discuss this idea with anyone else and you don’t have a patent confidentiality letter you could invalidate your patent application. Since the idea was yours, have anyone that you may need to talk with about getting it to market sign a patent confidentiality letter. This protects you from someone giving out information without your express permission. We provide you with a solicitor drafted patent confidentiality letter template that can be used as many times as you need to.
You may need to have a third party help in the financing for the patent application. You don’t want the third party to have this information then decide not to help and have the knowledge to pass this information to other parties. By having them sign a patent confidentiality letter you can be assured that your patent application won’t be compromised. This template that can be found on our web site was designed with your safety in mind so that the patent application can go as smoothly as possible. Although we have tried to include everything in this template, if you have to make small customisation changes to it you will be able to do so.
As a precaution you shouldn’t divulge any information regarding your item or patent application to anyone that hasn’t signed the patent confidentiality letter. If you approach a party to invest in your idea they may want to become involved, but they are going to need to see proof of your product and patent application. This is all well and good unless they decide not to become involved in the end. If they haven’t signed the patent confidentiality letter you have just given them important information concerning your invention and patent. They don’t have to keep the information to themselves if they don’t want to. This is why it is so important that you have the patent confidentiality letter on your computer so that you can have the prospective investor sign it. It can be very costly to fight this abuse of knowledge in a UK court so protect yourself first with the patent confidentiality letter.
Besides leaking the information about your idea and patent the other party could also try to take over your patent. When both parties sign the patent confidentiality letter you are both covered from leaking information and patent infringement. This patent confidentiality letter is less daunting than the confidentiality agreement, although it is just as binding in the UK. This letter will bind both parties to specific terms regarding any information about the patent so it can be protected. You can spell out in letter form just what is expected of the party to whom you are sharing the patent information.
The main purpose of this patent confidentiality letter is to ensure that nothing in the patent application process is invalidated. This could happen due to a leak of information or if the information has been misused. Don’t let someone use your information and creation to profit. Be sure that nothing can be disclosed without your permission once the information has to be shared to continue the process. If information is leaked or disclosed it could destroy your chances for a patent so err on the side of caution and purchase the patent confidentiality letter on our web site. Although the patent confidentiality letter has been drafted by a solicitor it is written in easy to read and understand text. It will outline the laws and the rules regarding your confidentiality in a concise clear manner. With the ability to download this patent confidentiality letter onto your computer you will have it available to reuse as many times as you need to.