Nassau New York Agreement between Employer and Employee as to Inventions with Employee's Assignment of Inventions with Provisions Regarding At-Will Employment and Confidential Information

• Category: Confidentiality and Nondisclosure - Inventions
• State: Multi-State
• County: Nassau
• Control #: US-13136BG
• Format: Word; Rich Text

Description

This form deals with the agreement between Employer and Employee as to inventions, the assignment by employee of inventions, at-will employment, and confidential information. The Nassau New York Agreement between Employer and Employee as to Inventions with Employee's Assignment of Inventions with Provisions Regarding At-Will Employment and Confidential Information is a legal document that outlines the rights and responsibilities of both employers and employees in relation to inventions, at-will employment, and confidential information. This agreement is usually entered into between a company or employer and an employee. Keywords: Nassau New York Agreement, Employer, Employee, Inventions, Assignment of Inventions, At-Will Employment, Confidential Information — Purpose: This agreement serves to protect the interests of both the employer and the employee by setting clear guidelines and expectations regarding the ownership and usage of inventions, the terms of employment, and the disclosure and protection of confidential information. — Ownership and Assignment of Inventions: The agreement specifies that any invention, innovation, or intellectual property created by the employee during the course of their employment belongs to the employer. The employee agrees to promptly disclose any such inventions to the employer and assign all rights and interests to the employer. — At-Will Employment: The agreement states that the employment relationship between the employer and the employee are at-will, meaning that either party can terminate the employment at any time, with or without cause or notice. It clarifies that this agreement does not create any contract of employment for a specified term. — Confidential Information: The agreement includes provisions for safeguarding confidential information held by the employer. The employee acknowledges that they may have access to proprietary and confidential information during the course of their employment and agrees to maintain its confidentiality both during and after the employment period. Breach of this obligation may result in legal consequences. — Employee's Representations and Warranties: The employee represents and warrants that they have not entered into any agreements or commitments that could conflict with the terms of this agreement, and that they will not use or disclose any trade secrets or proprietary information belonging to previous employers or third parties. — Indemnification: The agreement may include clauses that indemnify and hold harmless the employer from any claims or liabilities arising out of the employee's use or disclosure of confidential information, or any violations of intellectual property rights. — Governing Law and Jurisdiction: The agreement may specify that it is governed by the laws of Nassau County, New York, and any disputes arising from the agreement will be resolved in the courts of Nassau County. Alternate Types of Nassau New York Agreements related to Inventions, Assignment of Inventions, and Confidential Information: 1. Agreement with Non-Disclosure Clause: This version includes additional provisions regarding the employee's obligation to maintain the confidentiality of the employer's proprietary information, trade secrets, and other sensitive business information. 2. Agreement with Non-Compete Clause: This variation of the agreement addresses restrictions on the employee's ability to compete with the employer's business after termination of employment, ensuring that the employee does not engage in any detrimental activities that may harm the employer's interests. 3. Agreement with Royalty or Profit-Sharing Provisions: In certain cases, the agreement may include provisions specifying the payment of royalties or a share of profits to the employee for their inventions or intellectual property contributions. 4. Agreement with Arbitration Clause: Some agreements may have an arbitration clause that requires any disputes arising from the interpretation or enforcement of the agreement to be resolved through arbitration rather than litigation in court.

The Nassau New York Agreement between Employer and Employee as to Inventions with Employee's Assignment of Inventions with Provisions Regarding At-Will Employment and Confidential Information is a legal document that outlines the rights and responsibilities of both employers and employees in relation to inventions, at-will employment, and confidential information. This agreement is usually entered into between a company or employer and an employee. Keywords: Nassau New York Agreement, Employer, Employee, Inventions, Assignment of Inventions, At-Will Employment, Confidential Information — Purpose: This agreement serves to protect the interests of both the employer and the employee by setting clear guidelines and expectations regarding the ownership and usage of inventions, the terms of employment, and the disclosure and protection of confidential information. — Ownership and Assignment of Inventions: The agreement specifies that any invention, innovation, or intellectual property created by the employee during the course of their employment belongs to the employer. The employee agrees to promptly disclose any such inventions to the employer and assign all rights and interests to the employer. — At-Will Employment: The agreement states that the employment relationship between the employer and the employee are at-will, meaning that either party can terminate the employment at any time, with or without cause or notice. It clarifies that this agreement does not create any contract of employment for a specified term. — Confidential Information: The agreement includes provisions for safeguarding confidential information held by the employer. The employee acknowledges that they may have access to proprietary and confidential information during the course of their employment and agrees to maintain its confidentiality both during and after the employment period. Breach of this obligation may result in legal consequences. — Employee's Representations and Warranties: The employee represents and warrants that they have not entered into any agreements or commitments that could conflict with the terms of this agreement, and that they will not use or disclose any trade secrets or proprietary information belonging to previous employers or third parties. — Indemnification: The agreement may include clauses that indemnify and hold harmless the employer from any claims or liabilities arising out of the employee's use or disclosure of confidential information, or any violations of intellectual property rights. — Governing Law and Jurisdiction: The agreement may specify that it is governed by the laws of Nassau County, New York, and any disputes arising from the agreement will be resolved in the courts of Nassau County. Alternate Types of Nassau New York Agreements related to Inventions, Assignment of Inventions, and Confidential Information: 1. Agreement with Non-Disclosure Clause: This version includes additional provisions regarding the employee's obligation to maintain the confidentiality of the employer's proprietary information, trade secrets, and other sensitive business information. 2. Agreement with Non-Compete Clause: This variation of the agreement addresses restrictions on the employee's ability to compete with the employer's business after termination of employment, ensuring that the employee does not engage in any detrimental activities that may harm the employer's interests. 3. Agreement with Royalty or Profit-Sharing Provisions: In certain cases, the agreement may include provisions specifying the payment of royalties or a share of profits to the employee for their inventions or intellectual property contributions. 4. Agreement with Arbitration Clause: Some agreements may have an arbitration clause that requires any disputes arising from the interpretation or enforcement of the agreement to be resolved through arbitration rather than litigation in court.