Philadelphia Pennsylvania Employee Invention Agreement

State:
Multi-State
County:
Philadelphia
Control #:
US-01647
Format:
Word; 
Rich Text
103 downloads

Description

This form is for an employee invention and confidentiality agreement. For use by a company to retain ownership of any inventions, patents, etc, developed by an employee in the course of employment. Adapt to fit your circumstances.

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FAQ

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.

Employee has identified on Exhibit A to this Agreement all Inventions relating in any way to the Company's business or demonstrably anticipated research and development that were made by Employee prior to employment with the Company, and Employee represents that such list is complete.

Specifically, employment agreement provisions requiring the assignment of inventions conceived by (former) workers post-employment, without use of the employer's confidential information, are not permitted in California.

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.

Prior Invention of a Party shall mean an Invention owned or Controlled by either Party, which Invention is made solely by the Party's employees, agents or subcontractors before the Effective Date or which otherwise came into the Control of such Party before the Effective Date.

A patent is an exclusive right granted to an inventor by the governmentspecifically, the U.S. Patent and Trademark Officethat permits the inventor to prevent other companies or individuals from selling or using the invention for a period of time.

PIIA is the acronym for the most common name for these agreements, ''proprietary information and invention assignment'' agreements. The typical form of agreement addresses two main areas: confidentiality and ownership of intellectual property.

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.

I agree to keep and maintain adequate and current records (in the form of notes, sketches, drawings and in any other form that may be required by the Company) of all Proprietary Information developed by me and all Inventions made by me during the period of my employment at the Company, which records shall be available

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.

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Philadelphia Pennsylvania Employee Invention Agreement