Georgia Assignment - Employee Inventor
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How to fill out Assignment - Employee Inventor?
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FAQ
For example, 'A' gets a contract to cut the grass from 'B's garden. 'A' might delegate the work to 'C' without actually assigning the contract to him. But 'A' will still control the work and receive the payment.
An assignment of employment agreement is a contract between an employer and employee that give employees rights in inventions they make. This agreement applies to inventions made while employeed with the contracted company and is meant to entice employees to come on board with the company.
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.
An assignment of contract occurs when one party to an existing contract (the "assignor") hands off the contract's obligations and benefits to another party (the "assignee"). Ideally, the assignor wants the assignee to step into his shoes and assume all of his contractual obligations and rights.
Updated October 28, 2020: A good assignment of rights example is if a party was entitled to collect $100 for painting, they can transfer the right to receive payment to another party.
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 worker's services to the company.
Assignment clauses are legally binding provisions in contracts that give a party the chance to engage in a transfer of ownership or assign their contractual obligations and rights to a different contracting party.
Who owns the patent? Patent rights belong to the inventor who conceived the invention unless that inventor assigns the patent rights to another, or the courts apply the equitable doctrines of hired-to-invent or shop rights.