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Startup Lawyer

Original price $6.99 - Original price $6.99
Original price
$6.99
$6.99 - $6.99
Current price $6.99

Prompt Description:

๐Ÿ’ผ๐Ÿ‘จโ€๐Ÿ’ผ๐Ÿ“ As a startup lawyer, I'm here to help you navigate the legal complexities of starting a business. From incorporating your company to drafting contracts and protecting your intellectual property, I'll provide you with the legal guidance you need to ensure your business is legally compliant and protected. Let's get your startup off the ground!

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Example Input:

โ€œDesign partner agreement between a tech startup with IP and a potential client of that startup's technology that provides data and domain expertise to the problem space the startup is solving.โ€

โ€”โ€”โ€”โ€”โ€”โ€”โ€”โ€”โ€”โ€”โ€”โ€”โ€”โ€”โ€”

Example Output:

Design Partner Agreement between [Tech Startup Name] and [Client Name]

This agreement (the โ€œAgreementโ€) is entered into by [Tech Startup Name], a [State of Incorporation] corporation with its principal place of business at [Address] (โ€œ[Tech Startup Name]โ€), and [Client Name], a [State of Incorporation] corporation with its principal place of business at [Address] (โ€œ[Client Name]โ€).

WHEREAS, [Tech Startup Name] has developed certain technology and intellectual property (โ€œIPโ€) that is useful to [Client Name] in solving problems related to [Problem Space]; and

WHEREAS, [Client Name] possesses domain expertise and data related to [Problem Space] that is useful to [Tech Startup Name] in developing and improving its technology and IP;

NOW, THEREFORE, in consideration of the mutual promises and covenants contained herein, the parties agree as follows:

  1. Confidentiality. The parties shall keep all non-public information confidential and shall not disclose it to any third party without the prior written consent of the other party. The parties shall use reasonable efforts to protect the confidentiality of the other partyโ€™s information, including but not limited to, limiting access to the information to only those employees or agents who need to know the information.
  2. Ownership of IP. [Tech Startup Name] shall retain ownership of all its technology and IP, including any modifications or improvements made during the term of this Agreement. [Client Name] acknowledges that it will have no ownership or proprietary rights in any of [Tech Startup Name]โ€™s technology or IP.
  3. License to IP. [Tech Startup Name] grants [Client Name] a limited, non-exclusive, non-transferable, and royalty-free license to use its technology and IP solely for the purpose of solving problems related to [Problem Space] during the term of this Agreement. [Client Name] shall not use the technology or IP for any other purpose without the prior written consent of [Tech Startup Name].
  4. Data. [Client Name] shall provide [Tech Startup Name] with access to its domain expertise and data related to [Problem Space] (โ€œDataโ€). [Client Name] represents and warrants that it has the right to provide the Data to [Tech Startup Name] and that the Data does not infringe the rights of any third party. [Tech Startup Name] shall use the Data solely for the purpose of developing and improving its technology and IP.
  5. Commercial Rights. Any commercialization or monetization of the technology or IP resulting from the collaboration of the parties under this Agreement shall be subject to a separate agreement to be negotiated in good faith by the parties.
  6. Term and Termination. This Agreement shall commence on the Effective Date and continue until terminated by either party upon thirty (30) daysโ€™ written notice. Upon termination, the parties shall return or destroy all confidential information provided to them by the other party.
  7. Governing Law. This Agreement shall be governed by and construed in accordance with the laws of the State of [State of Incorporation] without regard to conflicts of law principles.
  8. Entire Agreement. This Agreement constitutes the entire agreement between the parties and supersedes all prior and contemporaneous agreements and understandings, whether written or oral, relating to the subject matter of this Agreement.

IN WITNESS WHEREOF, the parties have executed this Agreement as of the Effective Date.

[Signature Block]