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A confidential information and invention assignment agreement, also called invention assignment agreements and abbreviated to CIIAAs, is a legal contract that ensure that an employer has rights to any intellectual property created by an employee during their employment.

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 ...

What is an Invention Agreement? An invention agreement is a legal document that allows companies to retain the rights to intellectual property and creative works developed by employees during their time employed.

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 invention assignment agreement is a contract in which an employee or independent contractor assigns intellectual property rights for their services to the company. These agreements typically appear in other employment documents such as confidentiality agreements or an independent contractor agreement.

Confidentiality agreements such as non-disclosure agreements (NDAs) are used to keep valuable ideas pertaining to new businesses, inventions, intellectual property, or proprietary processes from reaching the public or competitors.

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.