Agreement between Joint Patent Holders with Title of one Holder Assigned

Patents grant an inventor the right to exclude others from producing or using the inventor's discovery or invention for a limited period of time. In order to be patented an invention must be novel, useful, and not of an obvious nature. There are three types of patents:

A. utility patent which includes a process, a machine (mechanism with moving parts), manufactured products, and compounds or mixtures (such as chemical formulas);

B. A design patent which is a new, original and ornamental design for a manufactured article; and
C. A plant patent which is a new variety of a cultivated asexually reproduced plant.

The Federal agency charged with administering patent laws is the Patent and Trademark Office.

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