Wake North Carolina Proprietary Information and Inventions Agreement
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How to fill out Proprietary Information And Inventions Agreement?
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FAQ
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.
Proprietary Documents means any documents of Seller which are confidential or proprietary in nature in that such documents contain trade secrets or other non-public information not customarily used by Seller in the ordinary course of operating the Business.
Proprietary Information shall mean information (whether now existing or hereafter created or acquired) developed, created, or discovered by the Company, or which became known by, or was conveyed to the Company, which has commercial value in the Company's business.
A proprietary information agreement is a legally binding contract that determines terms and conditions between parties that ensures they will not share or disclose confidential company information or intellectual property.
Proprietary Technology means the technical innovations that are unique and legally owned or licensed by a business and includes, without limitation, those innovations that are patented, patent pending, a subject of trade secrets, or copyrighted.
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.
Proprietary and Confidential Information means any information of the Business that is not generally known to the public or to the Seller's competitors in the industry, is used in the Business, and gives the Business an advantage over businesses that do not know the information.
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.
Confidential information is information that has been kept confidential by the disclosing party (so that it could also be a third party's confidential information). Proprietary information dictates not only secrecy, but also economic values that have been reasonably protected by their owner.
The agreement creates a confidential relationship between the parties to protect any type of confidential and proprietary information and assigns all relevant work product to the company during the signors employment with the company.