Texas Business & Commerce Code
§ 52.102 — MANDATORY CONTRACT TERMS
BC § 52.102Title 4. BUSINESS OPPORTUNITIES AND AGREEMENTS · Ch. 52. INVENTION DEVELOPMENT SERVICES · Art. C. INVENTION DEVELOPMENT SERVICES CONTRACT
Statute text
View on source(a)A contract for invention development services must contain in boldfaced type of not less than 10-point size:
(1)the payment terms;
(2)the contract termination rights required by Section 52.104;
(3)a full, clear, and concise description of the specific acts or services that the invention developer agrees to perform for the customer;
(4)a statement of whether the invention developer agrees to construct, sell, or distribute one or more prototypes, models, or devices embodying the customer's invention;
(5)the full name and principal place of business of the invention developer;
…
Legislative history
Acts 2007, 80th Leg., R.S., Ch. 885 (H.B. 2278), Sec. 2.01, eff. April 1, 2009.