What do you think, guys?
I am not keen in "renouncing" certain rights. See below.
How come it's okay for them to ask me to renouce rights at my end, but also feel the need to stipulate that they aren't willing to renounce any rights at their end?
I am not keen in "renouncing" certain rights. See below.
Owner of a New Idea
[Company] will only accept material submitted in written form. Your submission will only be considered at your request and with your guarantee that, to the best of your knowledge, you are the sole originator of the idea and you have the legal right to submit it to [Company] for consideration.
Disclosure Not Confidential
You accept that [Company] may discuss your idea with employees and possibly others, to evaluate its usefulness to [Company]. You understand that any consideration of yor written or verbal submission does not create a confidential relationship between you and [Company].
Conception by [Company]
[Company] may already be explorig programs and ideas generated by employees or other outside sources the resemble your submission. In some cases, [Company] may have considered your ideas in the past, or similar or identical ideas may be generated independently. Therefore, you agree to renounce any claim that [Company] misappropriated any ideas or portions of your submission in any future [Company] programs or activities.
Submission Not Returned
[Company] is not obligated to return submitted materials to you. You should keep a copy of any materials submitted. Do not send any materials you consider irreplaceable.
No Prejudice
[Company's] consideration of ideas you submit, or negotiations to purchase them, does not waive [Company]'s right to contest your copyrights, trademarks, or other intellectual property rights.
No Compensation
Review of ideas you submit does not imply that [Company] agrees to compensate you. However, should [Company] choose to use any portion of your ideas that is legally protectable, [Company] will negotiate appropriate compensation with you.
Modofication
The above conditions may not be changed or waived except in writing and signed by an officer of [Company].
How come it's okay for them to ask me to renouce rights at my end, but also feel the need to stipulate that they aren't willing to renounce any rights at their end?