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A confidentiality and inventions agreement or CIAA helps protect your company's confidential information and ensures that the company owns any work created by an employee during his or her employment.
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 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.
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.
CONFIDENTIAL INFORMATIONOWNER agrees to disclose INFORMATION to RECIPIENT to facilitate possible future business dealings between the parties.
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.
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.
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.
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 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.