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pandatip: this technical proposal template is written in the context of a person that has a concept for a new invention and is proposing that a company take the project on and begin the process of bringing the product to market. you should think of this section as painting a picture and conveying your vision to your reader. you want to be sure there is a mutual understanding and the description reflects that understanding in detail.
as written, it conveys the ownership of the product to the company and the inventor is left merely with a fee (in such a case, the company duties are irrelevant because the fee is all that matters to the inventor). this contract and the interpretation of its terms shall be governed by and construed in accordance with the laws of the state of [state] and subject to the exclusive jurisdiction of the federal and state courts located in [county], [state]. use this saas sales proposal template to provide your team with a standardized and professional sales proposal.
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