This form is a Employee Confidentiality and Invention Assignment Agreement for use with employee inventors exposed to commercial trade secrets or other confidential information as part of their job.
Guam Employee Confidentiality and Invention Assignment Agreement
State:
Multi-State
Control #:
US-TS8033
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Word;
PDF;
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FAQ
CIIA agreements?or Proprietary Information and Inventions Assignment agreements as they're also known?play an important role in ensuring that a company's intellectual property (IP) is properly protected.
A Confidential Information and Invention Assignment Agreement requires that all confidential information disclosed remains confidential, and that anything created, or improved upon, on behalf of the company will be exclusively owned by the company.
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 company's confidential information and intellectual property is to be handled.
I agree that all Inventions that (i) are developed using equipment, supplies, facilities or trade secrets of the Company; (ii) result from work performed by me for the Company; or (iii) relate to the Company's business or current or anticipated research and development, will be the sole and exclusive property of the ...
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.
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.
?The general rule is that an individual owns the patent rights to the subject matter of which he is an inventor, even though he conceived it or reduced it to practice in the course of his employment.? Banks v. Unisys Corp., 228 F. 3d 1357, 1359 (Fed. Cir.
The ?shop rights? doctrine provides that your employer can use an invention that you own but invented on company time without infringing your patent.