(815 ILCS 620/302) (from Ch. 29, par. 302)
Sec. 302.
Notice on contract.
Each and every contract for invention development
services shall carry a distinctive and conspicuous cover sheet with the
following notice to the customer printed thereon in boldface type of not
less than 10-point size or equivalent size if handwritten:
"The following disclosures are required by law:
You have the right to cancel this contract for any reason at any time within
7 days from the date you receive a copy of it signed by all parties
to the contract. To exercise this option you need only mail or deliver to
the other party written notice of your cancellation. The method and time
for notification is set forth in this contract immediately above the place
for your signature. Upon your cancellation, the other party must return
by mail, within 5 business days, all money paid and all materials provided by you.
This contract is regulated by law. The other party to this contract is
not qualified or permitted to advise you whether protection of your invention
is available under the patent laws of the United States or any other laws.
If your invention is patentable or infringes an existing patent, your failure
to inquire into these matters may affect your rights to your invention.
Disclosure of your invention on a nonconfidential basis may also adversely
affect your rights."
(Source: P.A. 81-542.)
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