The Kings New York Proprietary Information and Inventions Agreement is a legal document that protects the intellectual property and trade secrets of Kings New York, a prominent company based in New York City. This agreement, also known as the Kings NY PISA, lays out the terms and conditions between the company and its employees or contractors regarding the handling, disclosure, and ownership of proprietary information and inventions. Under the Kings NY PISA, employees are obligated to safeguard all proprietary information they may come across during their tenure with the company. This includes confidential business strategies, customer data, financial information, marketing plans, product designs, software code, research findings, and any other trade secrets specific to Kings New York. Employees are strictly prohibited from disclosing, using, or sharing this confidential information with any third parties without the company's explicit permission. Furthermore, the agreement stipulates that any inventions, innovations, or discoveries made by employees during the course of their employment and related to Kings New York's business or technology will be the sole property of the company. This provision ensures that Kings New York retains exclusive rights over any intellectual property created by their employees within the scope of their work. Additionally, the Kings NY PISA may contain different types or variations depending on specific job roles or departments within the company. For instance, there might be separate agreements for research and development teams, software engineers, sales and marketing professionals, or any other specialized roles. These variations address the unique nature of each department's proprietary information and inventions, tailoring the agreement to their specific needs and protecting their respective trade secrets. In summary, the Kings New York Proprietary Information and Inventions Agreement is a vital legal document that safeguards the company's proprietary information and ensures it retains ownership over any intellectual property created by its employees. By outlining the obligations, restrictions, and ownership rights of confidential information and inventions, this agreement maintains the trust, competitiveness, and innovative edge of Kings New York in the fast-paced business world.
Kings New York Proprietary Information and Inventions Agreement
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Proprietary Information shall mean information (whether now existing or hereafter created or acquired) developed, created, or discovered by the Company, or which became known by, or was conveyed to the Company, which has commercial value in the Company's business.
A confidentiality and inventions. agreement or CIAA helps protect your company's. confidential information and ensures that the company. owns any work created by an employee during his or. her employment.
Proprietary and Confidential Information means any information of the Business that is not generally known to the public or to the Seller's competitors in the industry, is used in the Business, and gives the Business an advantage over businesses that do not know the information.
7. Disclosure of Prior Inventions. 1 have identified on Attachment A (Prior Inventions) attached hereto all Inventions relating in any way to Company's business or proposed business which were made by me prior to my employment with Company (Prior Inventions), and I represent that such list is complete.
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.
An invention assignment agreement is a contract that gives the employer certain rights to inventions created or conceptualized by the employee during the employment relationship.
An invention assignment agreement is a contract that gives the employer certain rights to inventions created or conceptualized by the employee during the employment relationship.
PIIA is the acronym for the most common name for these agreements, ''proprietary information and invention assignment'' agreements. The typical form of agreement addresses two main areas: confidentiality and ownership of intellectual property.
An invention assignment agreement is a contract that gives the employer certain rights to inventions created or conceptualized by the employee during the employment relationship.
Proprietary Technology means the technical innovations that are unique and legally owned or licensed by a business and includes, without limitation, those innovations that are patented, patent pending, a subject of trade secrets, or copyrighted.