Employee IP and Inventions Assignment Agreement
Cover Terms
The key business terms of this assignment agreement are as follows.
| Term | Value |
|---|---|
| Company | [Company Name] |
| Employee | [Employee Name] |
| Effective Date | [Effective Date] |
| Prior Inventions Disclosure | [Prior Inventions Disclosure] |
| Excluded Inventions Statement | [Excluded Inventions Statement] |
| Confidential Information Definition | [Confidential Information Definition] |
| Return of Materials Timing | [Return Of Materials Timing] |
| Post-Termination Assistance | [Post Termination Assistance] |
| Governing Law | [Governing Law] |
| Venue | [Venue] |
Standard Terms
1. Assignment of Inventions
Employee assigns and agrees to assign to Company all right, title, and interest in inventions, software, works of authorship, discoveries, designs, data models, and related intellectual property created during employment that arise from Company work, use Company resources, or relate to Company actual or anticipated business, to the extent permitted by law.
2. Work Made for Hire and Further Assurances
To the extent legally permitted, copyrightable works prepared within the scope of employment are works made for hire for Company. If any rights do not automatically vest in Company, Employee assigns those rights and will sign additional documents reasonably requested to confirm ownership and record assignments.
3. Disclosure and Documentation
Employee will promptly disclose covered inventions and maintain reasonably complete records needed to document conception, authorship, development, and transfer of rights for Company business, consistent with lawful policy and confidentiality obligations.
4. Prior and Excluded Inventions
Inventions identified in Cover Terms as prior or excluded remain carved out only to the extent permitted by applicable law. Employee represents that the prior inventions disclosure in Cover Terms is complete to Employee knowledge as of the Effective Date.
5. Confidential Information and Trade Secrets
Employee will use and protect confidential information solely for authorized Company purposes, will not misuse or disclose confidential information except as permitted by Company policy or law, and will follow the confidential information definition set out in Cover Terms.
6. No Conflicting Obligations
Employee represents that performing duties for Company does not knowingly conflict with binding obligations to another person or entity. Employee will not bring third-party confidential information into Company systems or use it in Company work without written authorization.
7. Records, Cooperation, and Post-Termination Assistance
Employee will provide the post-termination assistance listed in Cover Terms, including reasonable cooperation with filings, declarations, and assignments needed to confirm or protect Company rights in covered inventions, subject to reimbursement of reasonable out-of-pocket expenses when required by policy.
8. Return and Deletion of Materials
Employee will return, and where permitted delete, Company materials within the timing listed in Cover Terms, including devices, documents, credentials, and confidential files, except for records Employee is required to retain by law.
9. Survival and Limited Scope
Sections addressing assignment, confidentiality, return of materials, and assistance survive termination to the extent needed to enforce rights that arose during employment. This agreement does not transfer ownership of inventions that applicable law requires to remain with Employee.
10. Governing Law and Venue
This agreement is governed by the law listed in Cover Terms, and disputes will be resolved in the venue listed in Cover Terms, subject to non-waivable rights under applicable law.
Signatures
By signing this agreement, each party acknowledges and agrees to the assignment and confidentiality obligations above.
Company
Signature: _______________
Print Name: [Company Name]
Title: _______________
Date: _______________
Employee
Signature: _______________
Print Name: [Employee Name]
Title: _______________
Date: _______________
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