Non-disclosure and Non-compete agreement

The most significant essential difference between patented and unpatented inventions is that the former are protected from an indefinite number of infringers, while the latter are protected only from the counterparty(s)... So, is there any point in wasting money, time, and risking the disclosure of your invention by a patent attorney if the correct fulfilment of the contractual terms of non-disclosure and non-competition by the acquirer of the invention will ensure the same practical result?

Here is a draft of a Non-disclosure and Non-compete Agreement, obligating the potential acquirer of an invention to maintain confidentiality and refrain from any competitive actions against the inventor.

Non-disclosure and Non-compete Agreement.docx

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