Oklahoma Assignment - Employee Inventor
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FAQ
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.
Intellectual property (IP) rights agreements are contracts between collaborating parties that set forth confidentiality obligations and/or stipulate the ownership or transfer of IP rights.
The employment agreement provides you with the opportunity to negotiate certain exclusions or gain additional compensation for any intellectual property that might be created over the course of your employment.
Ownership will therefore depend on the agreement that you signed with your employer when you began the job. However, under the California Labor Code, if intellectual property is developed ?outside the scope of employment,? it is owned by the employee who created it.
It's a common mistake to believe that an employer owns all intellectual property created by their employees and contractors. That's not always the case. The only way to secure IP ownership is by creating a written agreement that explicitly states who owns what.
If you have a contract of employment, there's a good chance it includes a section that deals with intellectual property (IP) rights. The IP clause will likely state that all IP created by the employee in the course of their employment is owned by the employer.
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.
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 ...