Salt Lake Utah Grant of Nonexclusive License to Manufacture, Use and Sell an Invention by Employee to Employer

State:
Multi-State
County:
Salt Lake
Control #:
US-0558BG
Format:
Word; 
Rich Text
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Description

This form is a grant of nonexclusive license to manufacture, use and sell an invention by employee to employer.

Title: Salt Lake Utah Grant of Nonexclusive License to Manufacture, Use and Sell an Invention by Employee to Employer: A Detailed Description Introduction: In the context of intellectual property rights, a Grant of Nonexclusive License to Manufacture, Use, and Sell an Invention by Employee to Employer is an agreement granting the employer certain rights over an invention created by an employee in Salt Lake City, Utah. This license empowers the employer to manufacture, use, and sell the invention without any restrictions imposed by the employee, while still allowing the employee to maintain ownership of the intellectual property. Keywords: Salt Lake Utah, Grant of Nonexclusive License, Manufacture, Use and Sell, Invention, Employee, Employer, Intellectual Property Types of Salt Lake Utah Grant of Nonexclusive License to Manufacture, Use and Sell an Invention by Employee to Employer: 1. Salt Lake Utah Grant of Nonexclusive License — Unrestricted: In this type of licensing agreement, the employee grants the employer the right to manufacture, use, and sell the invention without any restrictions. The employee relinquishes their exclusive rights to the invention, allowing the employer to commercialize it freely. 2. Salt Lake Utah Grant of Nonexclusive License — Limited Scope: This type of license sets limitations on the employer's rights to manufacture, use, and sell the invention. It may specify particular industries, geographic regions, or time frames within which the employer can exercise their rights. The employee retains ownership and can further license the invention to others. 3. Salt Lake Utah Grant of Nonexclusive License — Revenue Share: In this variation of the agreement, the employer and employee agree to a revenue sharing model. The employer gains the right to manufacture, use, and sell the invention, but a percentage of the generated revenue is shared with the employee. The terms for revenue sharing are negotiated and mutually agreed upon. 4. Salt Lake Utah Grant of Nonexclusive License — Exclusive Field of Use: This type of license restricts the employer's rights to a particular field of use. The employee allows the employer to exclusively manufacture, use, and sell the invention within a specific industry or application field. The employee retains ownership and can grant licenses to other parties outside the exclusive field of use. Conclusion: A Salt Lake Utah Grant of Nonexclusive License to Manufacture, Use, and Sell an Invention by Employee to Employer is a legally binding agreement that regulates the transfer of intellectual property rights from an employee to an employer in Salt Lake City, Utah. The agreement can take various forms, such as unrestricted grants, limited scope licenses, revenue-sharing models, or exclusive field of use licenses. The specific terms and conditions of the agreement are typically negotiated to suit the needs of both parties involved.

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FAQ

The general rule is that any intellectual property created during employment is owned by the employer. This rule is found under section 35(6) of the Copyright Act.

The general rule is that, in the absence of an agreement to the contrary, an employer is entitled to a nonexclusive license to use an invention devised by an employee while he or she was working for the employer. In the context of patents, the foregoing rule is referred to as the "shopright doctrine."

As a general rule, an employer will own the intellectual property created by its employees in the course of their employment. However, intellectual property that is created by an employee, other than in the course of employment, is owned by the employee, not the employer.

Typically, employers are entitled to all intellectual property created at/for their business, unless there exists a contract stating otherwise.

With this investment, it should come as no surprise that employers generally own the intellectual property created by its employees in the course of their employment. However, intellectual property that is created by an employee, other than in the course of employment, is owned by the employee not the employer.

The decision highlights the Indian patent law position that patents for inventions created by the employee can in fact belong to the employee himself as the true and first inventor of the invention.

Conversely, if the invention has no connection to the employee's employment, in other words outside their express employment duties, the invention will be owned by the employee. Generally, the more senior the employee, or if a fiduciary relationships exits, the employer will own the invention.

In case the employee made the invention in the course of his employment contract, the patent shall belong to: (a) The employee, if the inventive activity is not a part of his regular duties even if the employee uses the time, facilities and materials of the employer. (e) An abstract. 35.1.

The general rule is that you own the patent rights to an invention you create during the course of your employment unless you either: signed an employment agreement assigning invention rights, or. were specifically hired (even without a written agreement) for your inventing skills or to create the invention.

Is your company obligated to pay you for a new invention or patent if you invent something related to their business? The short answer is no. Your employer doesn't have to pay you anything if you created your invention under their roof and using their resources .

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Grant the government a nonexclusive, irrevocable, paidup license to use the Subject Invention throughout the world. The information contained in this prospectus is not complete and may be changed.

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Salt Lake Utah Grant of Nonexclusive License to Manufacture, Use and Sell an Invention by Employee to Employer