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Form #700

Infringement of Patents

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Infringement of Patents - Free Legal Form

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Infringement of patents.

A is engaged in the manufacture of _________ which are alleged to be infringements of certain patents.

B wishes to be protected against loss by reason of purchasing and selling _________ and to be indemnified upon any guaranty that B may give to any person or persons purchasing and using such _________.

Therefore, it is agreed between the parties that A will sell B _________ at _____% below list price, and that B shall retain _____% of the list price to secure and indemnify them against loss and damage in defending any suit brought against them because of their purchase or sale of such _________; also to protect and indemnify them against loss caused by any guaranty given to any person or persons in case any suit should be instituted against them on account of using such _________ purchased from B.

B shall retain the _____% in case of _________ already purchased by them as well as those to be purchased to secure and indemnify them against loss as provided above.

B shall, at the expiration of one year, if all litigation has been finally settled which in any way affects the right of B to purchase or sell the _________, or in any way affects the rights of any person or persons in using any of the _________ which person or persons purchased of B, pay over to A the _____% of the list price retained by them, with interest, for the purpose set forth in this agreement. Provided, however, that such payment shall not be required to be made unless A shall make good to B all loss, expense and damage, if any, which B has suffered by reason of any such suits instituted against them or on account of any such suit brought against persons to whom B has sold _________.

B shall give immediate notice to A of any and all suits instituted against B on account of the purchasing or selling the _________, and also shall give immediate notice of any and all suits instituted against any person or persons on account of the person or persons using the _________ which were sold to the person or persons by B.



 
Contributed by
Vacuum Technologies LLC
 
Name of Firm Vacuum Technologies LLC
Total Forms Contributed 53
 

See All Vacuum Technologies LLC's Forms
 

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Terms Of Use

Submissions to this site, including any legal or business forms, posts, responses to questions or other communications by contributors are not intended as and should not be construed as legal advice. You are strongly encouraged to consult competent legal council before engaging in any action based upon content contained on this site.

These downloadable forms are only for personal use. Retransmission, redistribution, or any other commercial use is prohibited. This includes reposting forms from this site to another site offering free legal or other document forms for download.

Please note that the donator may have included different usage terms regarding this form, and you agree to abide by these terms. It is highly recommended that you have a licensed attorney review any legal documents for which you are searching in order to make sure that your needs are being properly and completely satisfied.

Your use of this site constitutes your acceptance of our terms of use and your agreement to hold this site, its officers, employees and any contributors to this site harmless for any damage you might incur from your use of any submissions contained on this site. If you do not agree to the above terms, please do not proceed.

These forms are provided to assist business owners and others in understanding important points to consider in different transactions. They are offered with the understanding that no legal advice, accounting, or other professional service is being offered by these documents or on this website. Laws vary in the different states. Agreements acceptable in one state may not be enforced the same way under the laws of another state. Also, agreements should relate specifically to the particular facts of each situation. Therefore, it is important to consult legal counsel whenever utilizing these forms. The Forms are not a substitute for legal advice YourFreeLegalForms.com is not engaged in recommending or referring members on the site or making claims about the competence, character or qualifications of its participating members.
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Keywords: legal forms, patents, infringement

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