This form is for an employee invention and confidentiality agreement. For use by a company to retain ownership of any inventions, patents, etc, developed by an employee in the course of employment. Adapt to fit your circumstances.
The Houston Texas Employee Invention Agreement is a legally binding document that outlines the rights and responsibilities of both employees and employers regarding ownership and intellectual property rights of any inventions developed during the course of employment in Houston, Texas. It sets forth the terms and conditions under which an employee's creations, discoveries, and inventions made within the scope of their employment are handled. The agreement is designed to protect the employer's interests and promote innovation within the workplace. By signing this agreement, employees agree to disclose any and all inventions or potential inventions they create while employed by the company. It establishes that the employer will have exclusive ownership rights to any inventions directly related to the employee's work duties, even if it is outside normal working hours or using personal resources. These agreements often include various provisions that clarify the scope and ownership of inventions. Some common clauses found in different types of Houston Texas Employee Invention Agreements include: 1. Assignment of Inventions: This clause states that the employee assigns all rights, title, and interests of any inventions to the employer. It underscores that the employer has the right to file for patents, copyrights, or trademarks on these inventions. 2. Duty to Disclose: This provision specifies that employees must promptly disclose any invention they make, providing all pertinent details to the employer. Employees may need to submit invention disclosure forms or similar documentation. 3. Confidentiality: This clause ensures that employees must keep their inventions confidential until the employer has had an opportunity to evaluate and potentially protect the intellectual property rights of the invention. 4. Invention Evaluation: This provision sets up a process for the employer to determine the commercial value, patent ability, and potential application of an invention. It may state that the employer has a specific amount of time to evaluate and make a decision regarding the invention's value. 5. Employee's Obligations: This section clarifies the employee's ongoing commitment to assisting the employer in obtaining and enforcing patents or other intellectual property rights for the inventions. 6. Compensation and Royalties: Terms related to the compensation or royalties an employee may receive for their inventions can be included in this clause. It may specify that any compensation will be governed by separate agreements or policies. 7. Exclusions: This provision typically states that certain inventions or work created on an employee's own time, unrelated to the employer's business, are not subject to the agreement. This ensures that employees maintain their rights to inventions created outside their employment. It's important to note that specific terms and conditions within the Houston Texas Employee Invention Agreement can vary between companies and industries. Employees should carefully review the agreement before signing to fully understand their rights and obligations regarding their inventions while employed in Houston, Texas.
Para su conveniencia, debajo del texto en español le brindamos la versión completa de este formulario en inglés. For your convenience, the complete English version of this form is attached below the Spanish version.
