District of Columbia Confidential Information and Invention Assignment

State:
Multi-State
Control #:
US-0023BG
Format:
Word; 
Rich Text
Instant download

Description

Privileged communication is information/communication shared with only a few people for furthering certain purposes.
This is an extensive form for execution by employees, where the employee agrees to keep various information used by the company confidential. The employee also agrees that various inventions and ideas developed by the employee related to the business of the company are deemed owned by the company. Such an agreement is especially important for technology companies.

It is a common practice for employers to require employees involved in research and development or other technical work to sign agreements assigning in advance to the employer their ownership interest in any inventions they create while employed.
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FAQ

Excluded Inventions means any Vendor intellectual property existing prior to beginning work on any statement of work or any intellectual property that was developed entirely on Vendor's own time and without the use of any Customer equipment, supplies, facilities or Confidential Information.

List of Prior Inventions Sample ClausesPrior Inventions.Intellectual Property Rights and Confidentiality Clauses.Intellectual Property, Inventions and Patents.Inventions.Proprietary Information and Inventions.Assignment of Company Inventions.Protection of Proprietary Rights.Patents and Inventions.More items...

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 is a unique or novel device, method, composition or process. The invention process is a process within an overall engineering and product development process. It may be an improvement upon a machine or product or a new process for creating an object or a result.

Prior Matters a) any written demand or legal proceedings for compensation or Professional Inquiry made, threatened, intimated against or involving the Insured prior to the commencement of the Policy Period that might give rise to a claim under the Policy; Prior Matters.

Prior Inventions means all inventions, original works of authorship, developments and improvements which were made by Recipient, alone or jointly with others, prior to Recipient's employment, association or other engagement with the Company or any affiliate thereof.

A simple two-step process can help ensure your disclosure is effective:First, write a description that defines your invention in broad terms, leaving out any and all unnecessary options.Second, write another description that defines your invention with as much specificity and with every option you can think of.9 Sept 2019

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.

An invention assignment agreement is a contract that gives the employer certain rights to inventions created or conceptualized by the employee during the employment relationship.

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District of Columbia Confidential Information and Invention Assignment