The Kentucky Proprietary Information and Inventions Agreement is a legally binding document that outlines the terms and conditions regarding the ownership and protection of intellectual property created by a Software Engineer during the course of their employment. This agreement ensures the confidentiality and security of proprietary information and inventions developed by software engineers while working for a company. The purpose of this agreement is to safeguard the company's trade secrets, confidential information, and proprietary technology, while also clarifying the rights and responsibilities of the software engineer. By signing this agreement, the software engineer agrees to keep all proprietary information and inventions confidential and promises not to disclose or use them for their personal gain or any other unauthorized purposes. The Kentucky Proprietary Information and Inventions Agreement for Software Engineer typically includes the following key elements and provisions: 1. Definitions: Clearly defines terms such as "Proprietary Information," "Inventions," "Trade Secrets," and "Confidential Information" to ensure mutual understanding between the company and the software engineer. 2. Ownership of Inventions: Establishes that any inventions or intellectual property produced by the software engineer during employment are the exclusive property of the company. It outlines that the software engineer must promptly disclose all inventions and provide all necessary assistance for patent applications, registrations, or other forms of protection. 3. Non-Disclosure and Confidentiality: Imposes a duty of confidentiality on the software engineer, requiring them to maintain the secrecy of all proprietary information and trade secrets. It may further clarify that the obligation continues even after termination of employment. 4. Limitations and Exclusions: Defines any limitations on the company's claim to ownership or restrictions on the software engineer's involvement in personal projects or open-source initiatives. This section may specify inventions or developments not subject to the agreement. 5. Non-Competition and Non-Solicitation: May include a clause prohibiting the software engineer from working for a competitor or soliciting company employees or clients for a specific period after termination of employment. 6. Remedies and Violations: Specifies the consequences of breaching the agreement, including possible injunctions, damages, or legal action that the company can pursue against the software engineer. 7. Governing Law and Jurisdiction: Identifies that Kentucky state law governs the agreement and determines the jurisdiction for any disputes. It is important to note that while this description reflects the general elements of a Kentucky Proprietary Information and Inventions Agreement for Software Engineer, the specific contents of the agreement may vary depending on the employer and the nature of the software engineer's work.
Kentucky Proprietary Information and Inventions Agreement of Software Engineer
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FAQ
Prior Inventions means all inventions, original works of authorship, developments, improvements, and trade secrets that were made by Executive prior to Executive's employment with the Company, as set forth on Exhibit A to this Agreement.
A technology assignment agreement assigns your startup any intellectual property before you form the company. The developer(s) may retain individual intellectual property rights under certain circumstances, or they may sell the rights to you for equity or cash.
Intellectual property (IP) refers to creations of the mind, such as inventions; literary and artistic works; designs; and symbols, names and images used in commerce.
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.
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.
Employee agrees to perform, upon the reasonable request of the Company, during or after his employment, such further acts as may be necessary or desirable to transfer, perfect, and defend the Company's ownership of the Work Product.
Therefore, the PIIA is the employee's agreement that everything created by the employee for the employer is owned by the employer, and if the employer needs the employee to do anything or sign any document to confirm that the employer owns all the rights in the intellectual property developments, the employee agrees in
In general, the right of priority can be assigned together with the patent or trade mark right to which it relates, and it is typical to include an express assignment of priority in an IP assignment agreement.
The agreement creates a confidential relationship between the parties to protect any type of confidential and proprietary information and assigns all relevant work product to the company during the signors employment with the company.
I agree that all inventions that are (a) developed using equipment, supplies, facilities, or trade secrets of the company; or (b) result from work performed by me for the company; or (c) related to the Company's current or anticipated research and development will be the Company's sole and exclusive property and are