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What should indosurg insist medhealhauser sign to avoid

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Reference no: EM133549034

Question: IndoSurg is an Indian manufacturing company that specializes in state-of-the-art surgical instruments. Its newest client is Medhealhauser, a German university medical clinic. Medhealhauser's procurement department is looking for a supplier of innovative surgical instruments. The offer and acceptance, as well the sales agreement itself, are accomplished online, with additional orders completed through the university's vendor procurement site. The goods will be shipped via IndoSurg's in-house distribution channel from its warehouse in India directly to Medhealhauser. The contracting partners forgo a governing law. During the negotiation stages, IndoSurg was very concerned with Medhealhauser stealing its designs for research and development purposes. What should IndoSurg insist Medhealhauser sign to avoid the risk of its inventions being replicated by its potential partner? Letter of intent Confidentiality or non-disclosure agreement Termination agreement An arbitration or mediation clause

Reference no: EM133549034

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