EXTERNAL SUBMISSION PROCEDURE
: The following procedure
has been adopted by Blount Inc., and its subsidiaries, affiliates, and joint
ventures (hereinafter collectively "Blount") to create a process for
accepting ideas submitted by third party inventors ("Inventor" or "Submitter")
and provide a clear understanding of the duties, responsibilities, and
obligations of Blount and the Submitter, if any, created through the submission
of this External Intellectual Property Disclosure Web Form.
1. The information contained on this page does not constitute legal
2. Blount recommends that the Submitter
consult with his/her own attorney prior to disclosing any idea to Blount and further
recommends that Submitter disclose only ideas protected by an issued patent or
a pending application for a patent.
3. Blount’s receipt of any information pursuant to this web page does not constitute
an agreement to pursue any ideas or products, and does not constitute the
formation of or intent to form any partnership, joint venture or other
relationship with Submitter. Blount assumes no obligations with respect to the
4. Blount’s review of a submitted idea is not an indication that the submitted
idea has value. The submitted idea may
have no value to Blount and/or Blount may decline further consideration or
pursuit of the idea for any reason.
5. Blount may, but is not required to, negotiate with Submitter to acquire the
patent rights to the idea. In the absence of a written agreement, Blount will
have no obligation to compensate Submitter for any ideas submitted through this
6. Blount’s products, processes and services, currently existing or under
development, may be the same as or similar to a Submitter’s ideas. Submitter understands and acknowledges that the
submission of an idea by Submitter in no way effects or changes Blount's
ability to work on such identical or similar ideas, without any liability
or obligation to the Submitter.
Form of Disclosure
If the disclosure is by way of letter, please identify the letter and generally summarize its contents here below. If
the disclosure is made by personal interview, indicate the date and time of the interview and summarize the subject
of the interview below:
After completion of the present form, including
a summary (where applicable), sign and date below to indicate your acceptance
of the above stated conditions, and to declare accuracy of the information contained
herein. It should be understood that all oral disclosures made to Blount are
subject to the same conditions set forth above whether summarized herein or
not. No other past or future written or oral statements or agreements will in
any way modify these conditions. Submitter
should retain a copy of this document.