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A Proprietary Information and Inventions Agreement (PIIA) is an agreement between an employer and employee that defines what information and inventions created by the employee are considered proprietary to the employer.

Employee Assignment: Under the Texas law, the employment agreement creates an instant assignment as soon as a qualifying invention is created. Thus, if the patents ?qualify? as within the employment agreement, then they were owned by employer regardless of any seeming waiver, estoppel, or statute of limitations.

Assignment of Work product clauses assign title and interest in inventions and ideas to the assignee (i.e. client, company, or employer) Language in any Work-for-Hire agreement should specify the nature of the relationship between the Company and the person undertaking work.

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.

I agree that all Inventions that (i) are developed using equipment, supplies, facilities or trade secrets of the Company; (ii) result from work performed by me for the Company; or (iii) relate to the Company's business or current or anticipated research and development, will be the sole and exclusive property of the ...

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.

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.

An invention assignment, confidentiality, non-solicitation, and non-compete agreement is a multifaceted agreement that protects a company from certain actions of its employees and consultants during or following their employment or engagement with the company.