Easily Remove Currency in the Inventions Agreement

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How to Remove Currency in the Inventions Agreement

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[Music] hello and welcome everyone my name is andrew krauss i co-founded event right with stephen key 21 years ago and weve been coaching and mentoring inventors ever since we are celebrating 50 000 subscribers and i have one of our fans aaron ohan on the line he has a lot of experience venturing products and i think its great when an inventor can come on and tell their story and theres some lessons to be learned within that story welcome aaron hi great to be here i love you guys what you guys are doing and uh i hope i could say something insightful today okay i i think you can based on our prior conversation i no doubt in my mind you will um lets take a quick look at uh one of his products and well watch that video right now and be right back did you know that you can reduce your carbon footprint and improve the air we breathe by simply using the right gardening gloves not just any gloves the honey badger is changing the future of garden gloves everyone knows that badgers are fie

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Does California Labor Code Section 2870 apply to independent contractors?

Labor Code sections 2870-2872 govern assignments of inventions to employers by employees but not independent contractors.

What are excluded inventions?

Excluded Inventions means those Inventions, if any, which are related to the Companys Business, were invented by Employee prior to the commencement of Employees employment with the Company, and are listed on APPENDIX 1 hereto.

What is the invention clause of the employment agreement?

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.

How do I protect my intellectual property from my employer?

As soon as you have a business name and logo for your idea, you should register those trademarks right away. A good and memorable trademark registered with the USPTO will give you an advantage over competitors. Along with your trademarks, work with your IP attorney to to register the rest of your assets.

What is Section 2870 of the California Labor Code?

What is California Labor Code Section 2870? This code states that inventions of an employee are not assigned to the employer if they are wholly developed on the employees own time and if they are done so without the uses of employers equipment, supplies, facilities or trade secret information of the employer.

What is strict liability in California Labor Code?

Strict Liability means that the employers liability arises regardless of the employers own lack of knowledge or the employers attempts to remedy the situation, such as by publishing a policy against sexual harassment.

What does California Labor Code Section 2870 mean?

What is California Labor Code Section 2870? This code states that inventions of an employee are not assigned to the employer if they are wholly developed on the employees own time and if they are done so without the uses of employers equipment, supplies, facilities or trade secret information of the employer.

What is the duty to indemnify an employee in California?

Section 2802 provides that an employer shall indemnify his or her employee for all necessary expenditures or losses incurred by the employee in direct consequence of the discharge of his or her duties, or of his or her obedience to the directions of the employer.

What is California Labor Code Section 2807?

The employer shall utilize the standardized written description prepared by the State Department of Health Services pursuant to subdivision (b). (b) The State Department of Health Services shall prepare and make available, on request, a standardized written description of the Health Insurance Premium Program, at cost.

What is the statute of limitations for claims under the California Labor Code?

You must file claims for violations of minimum wage, overtime, illegal deductions from pay or unpaid reimbursements within three years. You must file claims based on an oral promise to pay more than minimum wage within two years. You must file claims based on a written contract within four years.

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