Los Angeles California Acuerdo de Empleo con el Inventor - Otorgamiento de Licencia Exclusiva para Fabricar Productos de la Invención - Employment Agreement with Inventor - Grant of Exclusive License to Manufacture Products from Invention

• Category: Empleo - Contratos - Arizona
• State: Multi-State
• County: Los Angeles
• Control #: US-13361BG
• Format: Word

Description

This form is an employment agreement with an inventor who grants an exclusive license to his employer to manufacture products from the invention. Los Angeles California Employment Agreement with Inventor — Grant of Exclusive License to Manufacture Products from Invention is a legal contract that outlines the terms and conditions of the employment agreement between an employer based in Los Angeles, California, and an inventor. This agreement grants the employer an exclusive license to manufacture products based on the invention created by the inventor. Key terms and clauses typically included in this type of agreement may involve: 1. Parties: The agreement will identify the employer and inventor as the parties involved. It will also mention their respective addresses and contact information. 2. Recitals: The agreement may begin with a section detailing the background and purpose of the agreement, including the inventor's creation of the invention and the employer's interest in obtaining an exclusive license to manufacture and sell products based on the invention. 3. Grant of Exclusive License: This section will outline the exclusive license granted to the employer, allowing them the sole right to manufacture, market, and distribute products derived from the invention. The extent of the license, including any geographical limitations and duration, will be clearly specified. 4. Consideration: The agreement will define the compensation or consideration to be provided by the employer to the inventor in exchange for granting the exclusive license. This may include an upfront fee, ongoing royalties, or a combination of both. 5. Invention Ownership: This clause establishes that the inventor is the original owner of the invention and confirms their ownership rights. It may include provisions for the inventor to transfer all rights related to the invention to the employer exclusively for the purposes stated in the agreement. 6. Confidentiality and Non-Disclosure: As inventions are often protected as trade secrets, this clause ensures that both parties maintain strict confidentiality regarding the invention and any proprietary information exchanged during the employment relationship. 7. Intellectual Property Rights: The agreement will address the issue of intellectual property ownership related to the invention. It may specify that any improvements or modifications made to the invention during the employment period belong to the employer. 8. Termination: This section will describe the circumstances under which the agreement may be terminated, including breach of contract, mutual agreement, or expiration of the agreed-upon term. 9. Governing Law and Jurisdiction: The agreement will specify that it is governed by the laws of the state of California, and any legal disputes will be exclusively resolved in the courts of Los Angeles County. Types of Los Angeles California Employment Agreement with Inventor — Grant of Exclusive License to Manufacture Products from Invention may include variations based on the specific industry or invention involved, such as: 1. Technology-based Employment Agreement: This type of agreement may focus on software or hardware inventions, granting the employer exclusive rights to manufacture and distribute technology products. 2. Pharmaceutical Employment Agreement: Involving inventors creating new drugs or medical devices, this agreement allows the employer to manufacture and market these inventions exclusively for the healthcare industry. 3. Consumer Product Employment Agreement: This agreement is tailored for inventors creating consumer goods, granting the employer an exclusive license to manufacture and sell these products to the public.

Los Angeles California Employment Agreement with Inventor — Grant of Exclusive License to Manufacture Products from Invention is a legal contract that outlines the terms and conditions of the employment agreement between an employer based in Los Angeles, California, and an inventor. This agreement grants the employer an exclusive license to manufacture products based on the invention created by the inventor. Key terms and clauses typically included in this type of agreement may involve: 1. Parties: The agreement will identify the employer and inventor as the parties involved. It will also mention their respective addresses and contact information. 2. Recitals: The agreement may begin with a section detailing the background and purpose of the agreement, including the inventor's creation of the invention and the employer's interest in obtaining an exclusive license to manufacture and sell products based on the invention. 3. Grant of Exclusive License: This section will outline the exclusive license granted to the employer, allowing them the sole right to manufacture, market, and distribute products derived from the invention. The extent of the license, including any geographical limitations and duration, will be clearly specified. 4. Consideration: The agreement will define the compensation or consideration to be provided by the employer to the inventor in exchange for granting the exclusive license. This may include an upfront fee, ongoing royalties, or a combination of both. 5. Invention Ownership: This clause establishes that the inventor is the original owner of the invention and confirms their ownership rights. It may include provisions for the inventor to transfer all rights related to the invention to the employer exclusively for the purposes stated in the agreement. 6. Confidentiality and Non-Disclosure: As inventions are often protected as trade secrets, this clause ensures that both parties maintain strict confidentiality regarding the invention and any proprietary information exchanged during the employment relationship. 7. Intellectual Property Rights: The agreement will address the issue of intellectual property ownership related to the invention. It may specify that any improvements or modifications made to the invention during the employment period belong to the employer. 8. Termination: This section will describe the circumstances under which the agreement may be terminated, including breach of contract, mutual agreement, or expiration of the agreed-upon term. 9. Governing Law and Jurisdiction: The agreement will specify that it is governed by the laws of the state of California, and any legal disputes will be exclusively resolved in the courts of Los Angeles County. Types of Los Angeles California Employment Agreement with Inventor — Grant of Exclusive License to Manufacture Products from Invention may include variations based on the specific industry or invention involved, such as: 1. Technology-based Employment Agreement: This type of agreement may focus on software or hardware inventions, granting the employer exclusive rights to manufacture and distribute technology products. 2. Pharmaceutical Employment Agreement: Involving inventors creating new drugs or medical devices, this agreement allows the employer to manufacture and market these inventions exclusively for the healthcare industry. 3. Consumer Product Employment Agreement: This agreement is tailored for inventors creating consumer goods, granting the employer an exclusive license to manufacture and sell these products to the public.

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.