What is a confidentiality and invention agreement?
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 companys confidential information and intellectual property is to be handled.
What to write in prior inventions?
Disclosure of Prior Inventions. 1 have identified on Attachment A (Prior Inventions) attached hereto all Inventions relating in any way to Companys business or proposed business which were made by me prior to my employment with Company (Prior Inventions), and I represent that such list is complete.
Who owns the inventions of an employee?
It is the general rule that an employee retains ownership and patent rights of whatever she invents during her employment, even if she conceived it or reduced it to practice in the course of her employment, and even if her invention relates to company business.
What is a prior innovation?
Prior Innovations means all intellectual property, and all intellectual property rights in respect thereof, relating in any way to the business or demonstrably anticipated research and development or business of the Company or its affiliated companies, which were developed by the Employee solely or jointly with others
What does list of prior works mean?
Prior Works means any item of authorship, inventions, intellectual property, materials, documents or other work product (including without limitation, research, reports, software, databases, systems, applications, presentations, textual works, content, or audiovisual materials) created, invented, designed, developed,
How can an invention be protected?
An invention is a new solution to a technical problem and can be protected through patents. Patents protect the interests of inventors whose technologies are truly groundbreaking and commercially successful, by ensuring that an inventor can control the commercial use of their invention.
What is proprietary and invention agreement?
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.
What is the ownership of inventions clause?
(i) All Inventions shall be the sole property of the Company and its assigns, and the Company and its assigns shall be the sole owner of all patents, copyrights, trademarks and other rights in connection therewith.
What does piia mean?
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.
What does list of prior inventions and original works of authorship mean?
Prior Inventions means all inventions, original works of authorship, developments and improvements which were made by Recipient, alone or jointly with others, prior to Recipients employment, association or other engagement with the Company or any affiliate thereof.
