Assignment - Employee Inventor

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Multi-State
Control #:
US-L0608AM
Format:
Word; 
Rich Text
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Overview of this form

The Assignment - Employee Inventor form is a legal document that establishes the ownership of intellectual property created by an employee during their employment. This form differentiates itself from other agreements, such as standard employment contracts, by specifically addressing the rights to inventions and proprietary information developed by the employee within the scope of their work. It is crucial for employers and employees to clearly define the terms regarding inventions that result from employment to protect both parties' interests.

Form components explained

  • Employment Consideration: Details the consideration for the employee's continued employment in relation to the agreement.
  • Disclosure of Technology: Requires the employee to disclose all inventions and designs related to the company's business.
  • Ownership of Technology: States that any technology created during employment is owned by the company.
  • Confidential Information: Defines what constitutes confidential information and outlines obligations regarding its protection.
  • No Competing Activities: Restricts the employee from competing with the company during and after employment.
  • Return of Company Property: Outlines the employee's duty to return company property and information upon termination.
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Situations where this form applies

This form should be used when an employee is hired or retained by a company that expects them to develop or contribute to innovations, inventions, or proprietary technology. It is essential when the employee has access to confidential information and when the company seeks to protect its intellectual property rights. Additionally, this form is useful in scenarios where clarity regarding ownership and disclosure of inventions is needed to prevent future disputes.

Intended users of this form

This form is intended for:

  • Employers looking to secure the rights to inventions created by employees.
  • Employees who want a clear understanding of their rights concerning intellectual property created during their employment.
  • Companies in the fields of technology, research, design, and other innovation-driven sectors.

Steps to complete this form

  • Identify the parties: Fill in the name of the company and the employee’s printed name.
  • Specify the business field: Describe the general field of the company’s business.
  • Detail inventions and disclosures: Record any technology or inventions that the employee may create.
  • Specify obligations: Understand the obligations related to confidentiality and returning company property.
  • Date and sign: Ensure both the employee and a witness sign and date the agreement to make it legally binding.

Is notarization required?

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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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.

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We protect your documents and personal data by following strict security and privacy standards.

Common mistakes

  • Failing to completely describe the business field related to the inventions.
  • Not disclosing prior inventions that may conflict with the agreement.
  • Overlooking the obligation to return company property when leaving the organization.
  • Neglecting to have a witness sign the document, which may affect enforceability.

Benefits of using this form online

  • Convenience: Download and complete the form at your convenience.
  • Editability: Easily tailor the form to fit specific circumstances and business needs.
  • Reliability: Use templates drafted by licensed attorneys, ensuring legal compliance.

Quick recap

  • The Assignment - Employee Inventor form protects a company’s rights to inventions developed by employees.
  • Clear terms related to confidentiality and return of company property are essential for both parties.
  • Completing the form accurately and understanding its implications can prevent future legal issues.

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FAQ

To the extent that the Company is not considered the first owner of the Intellectual Property Rights created by the Employee, the copyright and all related rights, title and interest in all such Company Intellectual Property is irrevocably assigned by the Employee to the Company in consideration of the Employment which

The general rule is that you own the patent rights to an invention you create during the course of your employment unless you either: signed an employment agreement assigning invention rights, or. were specifically hired (even without a written agreement) for your inventing skills or to create the invention.

Examples of intellectual property include an author's copyright on a book or article, a distinctive logo design representing a soft drink company and its products, unique design elements of a web site, or a patent on a particular process to, for example, manufacture chewing gum.

The IP ownership in India varies under different IP laws. For instance, in case of an employee developed copyright, the employer will be the first owner of the copyright. Therefore, the Indian Vendor will own its employee developed copyright.

A California-specific 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.

Confidential Information and Inventions Assignment Agreements CIIAAInventions or intellectual property created by the employee prior to beginning their employment are carved-out from the assignment by this type of agreement.

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.

The assignment of intellectual property (IP) refers to the process by which ownership of work product created for a company by an employee or consultant is transferred to the entity.

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Assignment - Employee Inventor