Hawaii Employee Confidentiality and Assignment of Inventions Agreement

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Multi-State
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US-ET0710AM
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This is a model contract form for use in business settings, an Employee Confidentiality and Assignment of Inventions Agreement. Available for download in Word format.
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FAQ

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.

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.

A confidential disclosure agreement, also called a confidentiality agreement or CDA, is a legal agreement which prohibits employees from disclosing certain information about a company. It is a permanent agreement, which means a signed confidentiality agreement remains valid after employment has ended.

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.

Confidentiality agreements such as non-disclosure agreements (NDAs) are used to keep valuable ideas pertaining to new businesses, inventions, intellectual property, or proprietary processes from reaching the public or competitors.

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.

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 ...

Intellectual property assignment is a process in which the ownership of a work product created for an entity by an employee or consultant is transferred to the entity. Typically, an employee or consultant will sign an agreement that explicitly assigns any intellectual property created during service with the company.

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Hawaii Employee Confidentiality and Assignment of Inventions Agreement