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.
Hawaii Employee Confidentiality and Invention Assignment Agreement is a legal document that serves as a contract between an employer and an employee. This agreement outlines the terms and conditions regarding confidentiality of company information and the ownership of inventions and intellectual property created by the employee. The purpose of this agreement is to safeguard the employer's proprietary information, trade secrets, client lists, business strategies, and other confidential data. It ensures that employees do not disclose or misuse such information during or after their employment. This agreement also establishes the employer's ownership rights over any inventions or creative works developed by the employee during their employment, regardless of whether they are related to the employer's business or not. The Hawaii Employee Confidentiality and Invention Assignment Agreement typically includes the following key components: 1. Confidentiality obligations: This section defines the scope of confidential information and outlines the employee's commitment to keep it confidential. It may include sensitive company data, trade secrets, research, prototypes, financial information, and any other proprietary knowledge. 2. Non-disclosure and non-use provisions: This part prohibits the employee from disclosing or using any confidential information outside their employment. It often specifies that the duty of confidentiality continues beyond the termination of employment. 3. Ownership of inventions: This provision clarifies that any intellectual property, inventions, discoveries, or creations made by the employee during their employment belong to the employer. It ensures that the employer has exclusive rights over these assets and can file for patents or copyrights if required. 4. Reporting obligations: This clause requires the employee to promptly disclose any inventions or creations to the employer, allowing them to assess ownership rights and take necessary actions to protect the intellectual property. 5. Exclusions: Certain agreements may contain exceptions where the employee retains ownership rights over specific inventions or ideas developed independently and not using company resources or information. These exceptions are typically documented in this section. While there may not be different types of Hawaii Employee Confidentiality and Invention Assignment Agreements, variations can exist in terms of specific provisions tailored to the unique requirements of different companies or industries. Some companies may have additional clauses related to non-solicitation of customers, non-compete obligations, or dispute resolution mechanisms. It is crucial for both employers and employees to carefully review and understand the terms of the agreement before signing it. Seeking legal advice is recommended to ensure compliance with Hawaii employment laws and to protect the rights and interests of both parties involved.
