Terms and condition for submission of ideas
Please protect your interest in whatever you intend to submit before sending it to us. The best method of doing this should be determined in consultation with your attorney and may involve patent protection.
In order to submit your idea, you need to agree to the following terms and conditions:
Non-confidentiality
1. Except for your personal data, you are making this submission on a non-confidential and non-proprietary basis. CIO Specialist Advisory LLP does not have any obligation to hold in confidence or keep secret any information including any questions, comments, suggestions about any idea that you submit. CIO Specialist Advisory LLP and its affiliates are authorized and entitled to evaluate your idea thoroughly and without any restrictions in terms of secrecy or confidentiality.
Right to use
2. You agree that CIO Specialist Advisory LLP and its affiliates shall have the right to use, retain, and license all information contained in this non-confidential idea submission, without limitation.
No obligation
3. You agree that the evaluation of your idea does not in any way oblige CIO Specialist Advisory LLP and its affiliates to actually implement, apply, or use your idea.
Ownership
4. You warrant that you are the exclusive owner of the idea being submitted, or have been authorized to make this submission, and have all the legal rights necessary to disclose this idea to CIO Specialist Advisory LLP, and the idea to the best of your knowledge does not infringe the intellectual property rights of any other person.
Possible compensation for your idea
5. You agree that CIO Specialist Advisory LLP or its affiliates have no obligation to compensate you for your idea. In addition, CIO Specialist Advisory LLP has no obligation to report on the reasons of its interest, or lack of interest, in your idea.
6. If your idea is not protected or protectable by a valid and issued patent, but is original and novel to CIO Specialist Advisory LLP, and is adopted by CIO Specialist Advisory LLP or its associates, then CIO Specialist Advisory LLP, in its sole discretion, may award you an honorarium. The amount of the honorarium, if any, will be determined solely by CIO Specialist Advisory LLP, based on CIO Specialist Advisory LLP’ reasonable judgment. You agree the receipt of such an honorarium shall be in full payment of any claim you may have against CIO Specialist Advisory LLP and its affiliates related to the idea you are submitting.
7. If your idea is protected or potentially protectable by a valid and issued patent, any license or transfer of your rights, and compensation for your idea, if any, will be set forth as part of a separate written agreement between CIO Specialist Advisory LLP and yourself.
Governing law
8. By making your submission, you understand and agree that these terms and conditions constitute an agreement between you and CIO Specialist Advisory LLP which shall be governed by Indian law, without giving effect to any choice of law or conflict of law rules. Any dispute shall be exclusively submitted to the jurisdiction of the competent courts of district of Pune, India or nearest higher courts.
9. You represent that you are of age, and that you have the entire legal capacity to enter this Agreement.
In order to submit your idea, you need to agree to the following terms and conditions:
Non-confidentiality
1. Except for your personal data, you are making this submission on a non-confidential and non-proprietary basis. CIO Specialist Advisory LLP does not have any obligation to hold in confidence or keep secret any information including any questions, comments, suggestions about any idea that you submit. CIO Specialist Advisory LLP and its affiliates are authorized and entitled to evaluate your idea thoroughly and without any restrictions in terms of secrecy or confidentiality.
Right to use
2. You agree that CIO Specialist Advisory LLP and its affiliates shall have the right to use, retain, and license all information contained in this non-confidential idea submission, without limitation.
No obligation
3. You agree that the evaluation of your idea does not in any way oblige CIO Specialist Advisory LLP and its affiliates to actually implement, apply, or use your idea.
Ownership
4. You warrant that you are the exclusive owner of the idea being submitted, or have been authorized to make this submission, and have all the legal rights necessary to disclose this idea to CIO Specialist Advisory LLP, and the idea to the best of your knowledge does not infringe the intellectual property rights of any other person.
Possible compensation for your idea
5. You agree that CIO Specialist Advisory LLP or its affiliates have no obligation to compensate you for your idea. In addition, CIO Specialist Advisory LLP has no obligation to report on the reasons of its interest, or lack of interest, in your idea.
6. If your idea is not protected or protectable by a valid and issued patent, but is original and novel to CIO Specialist Advisory LLP, and is adopted by CIO Specialist Advisory LLP or its associates, then CIO Specialist Advisory LLP, in its sole discretion, may award you an honorarium. The amount of the honorarium, if any, will be determined solely by CIO Specialist Advisory LLP, based on CIO Specialist Advisory LLP’ reasonable judgment. You agree the receipt of such an honorarium shall be in full payment of any claim you may have against CIO Specialist Advisory LLP and its affiliates related to the idea you are submitting.
7. If your idea is protected or potentially protectable by a valid and issued patent, any license or transfer of your rights, and compensation for your idea, if any, will be set forth as part of a separate written agreement between CIO Specialist Advisory LLP and yourself.
Governing law
8. By making your submission, you understand and agree that these terms and conditions constitute an agreement between you and CIO Specialist Advisory LLP which shall be governed by Indian law, without giving effect to any choice of law or conflict of law rules. Any dispute shall be exclusively submitted to the jurisdiction of the competent courts of district of Pune, India or nearest higher courts.
9. You represent that you are of age, and that you have the entire legal capacity to enter this Agreement.
