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Employment Agreement with Inventor - Grant of Exclusive License to...

Santa Clara California Employment Agreement with Inventor - Grant of Exclusive License to Manufacture Products from Invention

Name: Santa Clara California Employment Agreement with Inventor - Grant of Exclusive License to Manufacture Products from Invention
Brand: US Legal Forms
Rating: 4.56 (400 reviews)

Category:

Employment - Agreements

State:

Multi-State

County:

Santa Clara

Control #:

US-13361BG

Format:

Instant download

Description

This form is an employment agreement with an inventor who grants an exclusive license to his employer to manufacture products from the invention.

How to fill out Santa Clara California Employment Agreement With Inventor - Grant Of Exclusive License To Manufacture Products From Invention?

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FAQ

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.

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

Patents. A patent is an exclusive right granted for an invention. Generally speaking, a patent provides the patent owner with the right to decide how - or whether - the invention can be used by others.

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.

The steps to licensing an invention are as follows: Identify & research target companies. Approach prime targets. Confidentiality agreement. Prepare for negotiation. Initial presentation. Negotiate. Marriage.

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 invention assignment agreement is a contract that gives the employer certain rights to inventions created or conceptualized by the employee during the employment relationship.

Employment Inventions means any and all Inventions created, developed, conceived or made by you alone or with others or otherwise arising in the course of your employment (whether or not during working hours or using our premises or resources).

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.

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License agreement with an exclusive grant in patent rights. 50(n) LICENSE AGREEMENT Dated 11 March 1997 between ADVANCED MICRO DEVICES, INC.Ocean Outfall Pump Station. (97971).

Santa Clara California Employment Agreement with Inventor - Grant of Exclusive License to Manufacture Products from Invention

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Does my employer own my invention?

Does my employer own my inventions?

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What is the Santa Clara Employment Agreement?

What is an Inventor - Grant of Exclusive License to Manufacture Products from Invention725327?

What does the Grant of Exclusive License mean?

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Does the employee still own the invention after signing the Inventor - Grant of Exclusive License?

Can the employee manufacture and sell products based on the invention?

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