This form is a Employee Confidentiality and Invention Assignment Agreement for use with employee inventors exposed to commercial trade secrets or other confidential information as part of their job.
Arkansas Employee Confidentiality and Invention Assignment Agreement
State:
Multi-State
Control #:
US-TS8033
Format:
Word;
PDF;
Rich Text
Instant download
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How to fill out Employee Confidentiality And Invention Assignment Agreement?
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FAQ
An inventions assignment agreement is a typical feature of an independent contractor or employee agreement where the worker agrees to assign any intellectual property rights arising from the worker's services to the company.
An invention assignment agreement is a contract in which an employee or independent contractor assigns intellectual property rights for their services to the company. These agreements typically appear in other employment documents such as confidentiality agreements or an independent contractor agreement.
CIIA agreements?or Proprietary Information and Inventions Assignment agreements as they're also known?play an important role in ensuring that a company's intellectual property (IP) is properly protected.
1. Prior Inventions. Inventions, if any, patented or unpatented, made prior to the commencement of service to the Company are excluded from the scope of this Agreement.
Also known as Proprietary Information and Inventions Assignment Agreements (or PIIAAs), Confidential Information and Inventions Assignment Agreements ensure that intellectual property and other proprietary rights created by employees during the course of their employment are assigned to the employer.
A Confidential Information and Invention Assignment Agreement is an agreement between a company and its employees, contractors, consultants, and business partners. It details how a company's confidential information and intellectual property is to be handled.
I agree that all Inventions that (i) are developed using equipment, supplies, facilities or trade secrets of the Company; (ii) result from work performed by me for the Company; or (iii) relate to the Company's business or current or anticipated research and development, will be the sole and exclusive property of the ...
An example of one of these clauses is below: ?<Company name> reserves the right to make reasonable changes to your terms & conditions of employment. If there are any minor changes, you will be notified in writing. These changes will take effect from the date of the notice or other date as specified.