Clean spot in the Inventions Agreement

Aug 6th, 2022
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Typically, this type of agreement requires the employee to disclose any such inventions to the employer, to assign (legally transfer) ownership rights in such inventions to the employer, and to assist the employer in getting a patent on any such inventions. Need Professional Help?
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.
While not always cut and dried, intellectual property created within the workplace context is typically deemed to belong to the employer, not the employee, even though the employee is the creator or inventor of the work in question. As an employee, however, youre not necessarily limited to this arrangement.
Inventions. Employee agrees that all Subject Inventions conceived or first reduced to practice by Employee as part of, or related to, Employees employment by the Company, and all patent rights and copyrights in and to such Subject Inventions will become the property of the Company.
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 workers services to the company.
If you are an employee not an independent contractor and your invention was created as part of your job, then it is likely that your employer owns the rights to that invention and any patent obtained on it. This is known as the work for hire doctrine.
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 Companys business or current or anticipated research and development, will be the sole and exclusive property of the
Invention Assignment Often, an employer will get an agreement from an employee to assign patents developed while working at the employers business. These kinds of agreements are generally enforceable.

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