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Tynax.com Terms of Use


By using this website, you agree to be bound by our Privacy Policy and these terms of use.

Over 18 Years of Age--as this site provides a forum for individuals to post information, it is not available to children.

Tynax represents numerous buyers looking to acquire patents, and often represents sellers. Tynax earns a commission on patent transactions either from the buyer, or the seller. As buyer and seller have opposing interests, Tynax does not represent both buyer and seller, and does not earn a commission from both buyer and seller, in the same transaction.

PATENT SELLERS & BROKERS REPRESENTING SELLERS:

You are free to list your patent for sale on the Tynax exchange. There is no charge to list.

Where Tynax finds a match between the patents and searches being conducted by buyers, Tynax will submit the patent information to such buyers for evaluation and consideration.

Where Tynax is representing a buying client, and is compensated by the buying client, unless otherwise agreed, Tynax will earn its commission from the buying client, and will not ask you, as seller or seller’s agent, for any commission or compensation for brokering the sale of your patent.

Where you choose to engage Tynax as broker or cobroker, under a separate agreement, Tynax will market your patents, represent you in negotiations and help close a patent sale transaction on the terms most favorable to the seller. In such case, you should factor the Tynax success fee commission in to the target price for your patents.

PATENT BUYERS:

You are free to search this exchange for patents matching your interests.

If you would like to see the patent numbers, or to purchase patents found on this site, please contact Tynax to make arrangements. Tynax can create searches and help you to source patents under the terms of a separate engagement agreement.

GENERAL:

NO REPRESENTATIONS OR WARRANTIES--TYNAX MAKES NO REPRESENTATIONS OR WARRANTIES REGARDING ANY ASPECT OF YOUR USE OF THIS WEBSITE. YOU USE THIS WEBSITE AS-IS, AND ON AN AS-AVAILABLE BASIS.

LIMITATION OF LIABILITY--YOU EXPRESSLY UNDERSTAND AND AGREE THAT TYNAX SHALL NOT BE LIABLE TO YOU FOR ANY DIRECT, INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL OR EXEMPLARY DAMAGES, INCLUDING BUT NOT LIMITED TO, DAMAGES FOR LOSS OF PROFITS, GOODWILL, USE, DATA OR OTHER INTANGIBLE LOSSES (EVEN IF TYNAX HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES).

Governing Law--this agreement shall be governed by the laws of the State of California, without reference to conflicts of law principles. You agree to consent to submit to the jurisdiction of the Superior Court of the County of Santa Clara, California and waive the right to object to venue being set in Santa Clara, California.

If you have questions about these terms of use please contact us here.

This version of the Terms of Use policy was posted on : September 9, 2013