(815 ILCS 620/103) (from Ch. 29, par. 103)
Sec. 103.
Definitions.
As used in this Act, unless the context otherwise requires:
(a) "Invention Development Services" shall include at least one of the
following: (1) evaluation of the market potential of an invention; and (2)
representation of an invention to potential distributors or to potential
manufacturers of the invention.
(b) "Contract for invention development services" shall include a contract
by which an invention developer undertakes to perform invention development
services for a customer.
(c) "Customer" shall include any person, firm, corporation, association,
or other entity that is solicited by, inquires about or seeks the services
of, or enters into a contract for invention development services with an
invention developer.
(d) "Invention" shall mean any discovery, process, method, apparatus,
machine, design, formulation, composition, product, concept, idea or any
combination thereof.
(e) "Invention developer" shall mean any person, firm, corporation, association
or other entity and the agents, employees or representatives of such person,
firm, corporation, association, or other entity that performs invention development
services, except (1) any department or agency of the federal, state or local
government, (2) any charitable, scientific, educational, religious, or other
organization qualified under Section 501(c)(3) or described in Section 170(b)(1)(A)
of the Internal Revenue Code of 1954, as amended, or (3) any person, firm,
corporation, association or other entity that does not charge a fee for
invention development services. For the purposes of this paragraph, "fee"
shall include any payment made by the customer to such entity including
reimbursements for expenditures made or costs incurred by such entity but
shall not include any payment made from a portion of the income received
by a customer by virtue of invention development services performed by such entity.
(Source: P.A. 81-542.)
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