Illinois Assignment - Joint Inventors

State:
Multi-State
Control #:
US-L0607AM
Format:
Word; 
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This sample form, a detailed Assignment (Joint Inventor) document, is adaptable for use with entertainment, new products, intellectual property/multimedia business and other related areas. Tailor to fit your circumstances. Available in Word format.
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FAQ

The assignee is the entity that has the property right to the patent. Patents are property. The inventor and the assignee may be one in the same but an employee will more than likely assign a patent to a company.

The general rule is that the inventor is the owner of the invention unless: the inventor has assigned ownership to a third party under an assignment agreement before the conception of the invention; in this case, ownership passes to the assignee at the date of conception of the invention.

The applicant for the patent can make a request to the Controller to add a person as one of the inventors, if such person is also the applicant or is at least one of the applicants. As a best practice, it would be wise to submit to the Controller, consent of all the applicants, in case of joint applicants.

In the US, the inventor is presumed to be the initial owner of a patent or patent application. If there is more than one inventor, there may be more than one owner. Ownership can be transferred or reassigned.

While the inventor who first created the invention historically received priority in the U.S. system, the America Invents Act changed this rule in 2013. Now, the applicant who first files their patent application receives priority.

An applicant is a person who is seeking the rights of the Patent. At the same time, the Inventor is the creator of the Intellectual Property.

Requirements for filing a provisional application: A detailed written description of the invention including drawings. ... Title of the invention. Name(s) of all inventors. Inventor(s) residence(s) Name and registration number of attorney or agent and docket number (if applicable) Correspondence address.

Inventor: individual(s) who have contributed to the claimed invention. However, they may or may not have an ownership interest in the legal rights of the patent. Assignee: Organization(s) and individual(s) that have an ownership interest in the legal rights a patent offers.

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Illinois Assignment - Joint Inventors