Rita Lamoureux v. MPSC, Inc.

SHEPHERD, Circuit Judge'.

MPSC, Inc. was a start-up company with an innovative idea — the patented “Rinse & Chill service” — but no capital. An angel investor, John Lamoureux, provided the necessary capital in exchange for a royalty fee every time the company used its patented service. The contract specified three events that would terminate the agreement but did not specify a termination date. MPSC now asks the courts to supply an at-will termination term. The district court 2 declined to do so. We affirm.

I. Background

MPSC is a Minnesota corporation in the meat-processing business with its…