Patent attributes
A penholder having a retractable tether for holding a pen in an upright position adjacent a vertical portion of the stand extending the when not in use for easily finding the pen. The tether extends when the pen is in use but does not interfere with use since little or no tension is exerted on the tether when it is extended. The tether prevents the pen from being taken away from the stand so that it is always available for use. The penholder can have paper holders, paper dispensers, advertising, a business card holder, or pamphlet holder attached, and may have an LCD for a clock, thermometer or calendar display. The penholder may also have a light attached. The base of the penholder may be weighted to help station the penholder on a desktop. The penholder can support trophies or awards and can be used as a promotional item.
