Hawaii Proprietary Information and Inventions Agreement

State:
Multi-State
Control #:
US-1003BG
Format:
Word; 
Rich Text
Instant download

Description

A Proprietary Information and Inventions Agreement insures that intellectual property and other proprietary rights created by employees during the course of their employment are assigned to the employer.
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FAQ

Proprietary Information shall mean information (whether now existing or hereafter created or acquired) developed, created, or discovered by the Company, or which became known by, or was conveyed to the Company, which has commercial value in the Company's business.

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. In other words, all inventions not listed are assumed to be the property of the employer.

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 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.

NDA is a legally availed right to parties, for protecting the confidential information of their business.

Excluded Invention means any Invention listed on Exhibit A of this Agreement that existed prior to Employee's employment by the Company and would be a Subject Invention if such Invention was or is made during Employee's employment by the Company.

NDA is a legally availed right to parties, for protecting the confidential information of their business.

PROPRIETARY DOCUMENTATION means any drawing or document, in either man-readable or machine-readable form, or any tangible thing which is the property of the Parties, including without limitation all price lists, discount sheets, customer lists, supplier lists, quotations, analytical data, market data, engineering data,

By Lisa Guerin, J.D. If you do creative, engineering, design, or development work, your employer might ask you to sign an invention assignment agreement: a contract giving your employer ownership rights in inventions and intellectual property you develop during your employment.

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Hawaii Proprietary Information and Inventions Agreement