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An agreement between an employer and an employee concerning confidentiality and appropriate handling of the employer's commercially valuable information, compliance with relevant security rules and policies, and protection of the employer's intellectual property assets.
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.
The employee may not create or retain any material reflecting on the employer. Proprietary information is qualified by intellectual property law as the rights and means to any copyright rights, patent rights, trademark rights, trade secret rights, mask work secret rights.
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.
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 Proprietary Information Agreement is a legally binding contract that stipulates that a number of parties must not disclose confidential supplies, data, or information as outlined by the contract to a different third party.
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.
CONFIDENTIAL INFORMATIONOWNER agrees to disclose INFORMATION to RECIPIENT to facilitate possible future business dealings between the parties.
An intellectual property assignment agreement provides assurance to investors that the founders have legally transferred to the company the intellectual property required to run the business.