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Background Technology or Background or Pre-Existing Intellectual Property shall refer to Results which were acquired or generated by one Party prior to the Effective Date or which with reference to the relevant Project were acquired or generated prior to the start of a Project or outside the scope of a Project.
Pre-Existing Inventions means any and all inventions, developments, results, know-how and other Information, and all intellectual property relating thereto, made, created or invented by a Party, its employees or its agents, or otherwise Controlled by the Party, prior to the Effective Date.
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.
Under an intellectual property assignment agreement, you permanently transfer some or all IP rights to the assignee in exchange for a specified sum. Essentially, you sell the rights to a third party the same way that you could sell physical property for a permanent transfer.
In our view, any such clear writing means carefully reviewed and approved by an experienced Intellectual Property (IP) attorney. As to any Prior Inventions form or clause, we usually recommend it be left blank, or none be written.

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Prior Intellectual Property means all inventions, original works of authorship and trademarks of any kind whatsoever, which Executive created, owned or had any right to, or currently owns or has any right whatsoever to prior to entering this Agreement.
Related Definitions 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.
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.
Prior art is any evidence that your invention is already known. Prior art does not need to exist physically or be commercially available. It is enough that someone, somewhere, sometime previously has described or shown or made something that contains a use of technology that is very similar to your invention.
Broad agreements such as this may not be legally enforceable, depending on the state and the specific circumstances suggests Freibrun Law. Consult a lawyer before signing an employment contract containing an invention clause of this type.

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