Texas Proprietary Information and Inventions Agreement
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FAQ
A Proprietary Information and Inventions Agreement (PIIA) is an agreement between an employer and employee that defines what information and inventions created by the employee are considered proprietary to the employer.
Disclosure Agreement (NDA), also sometimes referred to as a confidential disclosure agreement (CDA) or a proprietary information agreement (PIA), is a legal contract between at least two parties which outlines confidential materials or knowledge the parties wish to share with one another for certain purposes, but ...
Assignment of Proprietary Rights. Employee agrees promptly to disclose in writing to the Company all Proprietary Rights in order to permit the Company to claim rights to which it may be entitled under this Agreement.
CIIA Agreement A Confidential Information and Invention Assignment Agreement, also often abbreviated to CIIAA. Sometimes mistakenly referred to as a CIIAA Agreement. Effectively synonymous with with PIIA Agreement, which stands for Proprietary Information and Invention Assignment Agreement.
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.
What is a Proprietary Information And Inventions Agreement? A proprietary information and inventions agreement is a legal agreement between a company and typically its employee put in place to protect any exclusive and intellectual property of the company.
An agreement between an employer and an employee concerning confidentiality and appropriate handling of the employer's commercially valuable information, compliance with relevant security rules and policies, and protection of the employer's intellectual property assets.
Employee Assignment: Under the Texas law, the employment agreement creates an instant assignment as soon as a qualifying invention is created. Thus, if the patents ?qualify? as within the employment agreement, then they were owned by employer regardless of any seeming waiver, estoppel, or statute of limitations.