The Employee Proprietary Rights Acknowledgment
Overview of this form
The Employee Proprietary Rights Acknowledgment is a legal document that establishes a formal agreement between an employee and their employer regarding proprietary rights. This form ensures that employees understand their obligations concerning confidential information and intellectual property created during their employment. It differentiates itself from other employment contracts by focusing specifically on proprietary rights and the handling of sensitive information related to the employer's business operations.
Main sections of this form
- Definitions of key terms: Employee, Company, Proprietary Information, and Inventions.
- Clauses outlining the disclosure and handling of proprietary information.
- Terms regarding the assignment of inventions and intellectual property rights.
- Provisions for non-competition and solicitation prohibitions following termination of employment.
- Conditions for prior employment and confidentiality obligations.
Situations where this form applies
This form should be used when a company hires an employee and wishes to protect its proprietary information and intellectual property. It is essential for companies engaged in industries where trade secrets, research, or innovative practices are a vital part of their business model. Employers typically require this acknowledgment during the onboarding process to ensure legal protection from unauthorized disclosure or misuse of their proprietary assets.
Who should use this form
- Employers looking to safeguard their proprietary information and intellectual property.
- Employees being hired in roles that involve access to sensitive company information.
- Businesses in industries such as technology, media, and communications where proprietary information is critical.
Instructions for completing this form
- Identify the parties involved by entering the employee's name and address, followed by the employer's name and address.
- Specify the date of the agreement.
- Clearly outline the definitions of proprietary information and inventions as established by the agreement.
- Include any relevant disclosures regarding the handling of proprietary information after employment ends.
- Ensure both parties sign the document, with signatures dated as appropriate.
Does this form need to be notarized?
Notarization is not commonly needed for this form. However, certain documents or local rules may make it necessary. Our notarization service, powered by Notarize, allows you to finalize it securely online anytime, day or night.
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Make edits, fill in missing information, and update formatting in US Legal Forms—just like you would in MS Word.
Download a copy, print it, send it by email, or mail it via USPS—whatever works best for your next step.
Sign and collect signatures with our SignNow integration. Send to multiple recipients, set reminders, and more. Go Premium to unlock E-Sign.
If this form requires notarization, complete it online through a secure video call—no need to meet a notary in person or wait for an appointment.
We protect your documents and personal data by following strict security and privacy standards.
Typical mistakes to avoid
- Failing to specify the proprietary information clearly.
- Not having both parties sign the agreement.
- Ignoring to define terms that may lead to misinterpretation later.
- Assuming the agreement applies without reviewing state-specific requirements.
Why use this form online
- Quick and convenient access to templates designed by licensed attorneys.
- Easy to fill out and customize based on specific business needs.
- Ensures compliance with legal standards without requiring extensive legal knowledge.
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FAQ
It is understood that all Inventions, if any, patented or unpatented, which Employee made prior to the date that the Company and Employee entered into this Agreement, are excluded from the scope of this Agreement.
First, if you're in California, Labor Code § 2870 puts significant limits on what your employer can claim, regardless of the contract. Basically, they can't claim anything you developed before you arrived or anything that's unrelated to their business (unless you used their facilities to develop it).
VIA EPIA (VIA Embedded Platform Innovative Architecture) is a series of mini-ITX, em-ITX, nano-ITX, pico-ITX and pico-ITXe motherboards with integrated VIA processors. They are small in size and consume less power than computers of comparable capabilities.
Proprietary information is confidential information that a company owns and safeguards to protect itself. When any of an organization's intellectual property is recorded on paper, it becomes a proprietary document.
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.
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.In other words, all inventions not listed are assumed to be the property of the employer.
Proprietary Information shall include, but not be limited to, domain names, trade secrets, copyrights, ideas, techniques, know-how, inventions (whether patentable or not), and/or any other information of any type relating to designs, configurations, toolings, documentation, recorded data, schematics, circuits, mask
Proprietary information, also known as a trade secret, is information a company wishes to keep confidential. Proprietary information can include secret formulas, processes, and methods used in production.
