Middlesex Massachusetts Employee Confidential Information and Noncom petition Agreement (CIRCA) — Inventions is a legal document that outlines the terms and conditions between an employer and employee regarding the protection of confidential information and restrictions on future employment or competition. This agreement is specifically applicable to employees residing or working in Middlesex County, Massachusetts. It aims to safeguard the employer's trade secrets, proprietary information, client lists, marketing strategies, and other sensitive information that an employee gains access to during their course of employment. The Middlesex Massachusetts CIRCA — Inventions typically includes provisions such as: 1. Definition of Confidential Information: Clearly defining what constitutes confidential information, trade secrets, or proprietary knowledge owned by the employer. 2. Non-Disclosure Obligations: Obligating the employee to maintain strict confidentiality and not disclose any confidential information during the course of employment and even after termination. 3. Noncom petition Restrictions: Restricting the employee's ability to work for competing companies or start a competing business in the same geographical area for a specified period after leaving the employer. 4. Non-Solicitation Agreement: Prohibiting the employee from soliciting the employer's clients, customers, or employees for a certain duration after employment termination. 5. Intellectual Property Ownership: Stating that any inventions, discoveries, or intellectual property made by the employee during their employment belongs to the employer. 6. Return of Company Property: Requiring the employee to return all company property, documents, and files at the end of their employment. It is important to note that there may be different types or variations of the Middlesex Massachusetts CIRCA — Inventions agreement. Some companies may have tailored agreements that address specific industries or roles, while others may have standard agreements applicable to all employees. The terms and restrictions in each agreement may vary based on the nature of the business, level of access to confidential information, and the employee's position within the organization.
Middlesex Massachusetts Employee Confidential Information and Noncompetition Agreement - Inventions
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USA June 26 2019. An invention assignment, confidentiality, non-solicitation, and non-compete agreement is a multifaceted agreement that protects a company from certain actions of its employees and consultants during or following their employment or engagement with the company.
A patent is an exclusive right granted to an inventor by the governmentspecifically, the U.S. Patent and Trademark Officethat permits the inventor to prevent other companies or individuals from selling or using the invention for a period of time.
Excluded Inventions Sample Clauses Patents and Inventions. Work Product and Inventions. Sole Inventions. Joint Inventions. Proprietary Information and Inventions. Patentable Inventions or Discoveries. Confidential Information; Inventions. Inventions.
Typically, this type of agreement requires the employee to disclose any such inventions to the employer, to "assign" (legally transfer) ownership rights in such inventions to the employer, and to assist the employer in getting a patent on any such inventions.
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.
Excluded Invention means any Invention listed on Exhibit A of this Agreement that existed prior to Employee's employment by the Company and would be a Subject Invention if such Invention was or is made during Employee's employment by the Company.
These agreements may also be called a "covenant not to compete" or a "restrictive covenant." Non-competes ensure the employee will not use information learned during employment to start a business and compete with the employer once work is over. It also ensures the employer keeps its place in the market.
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.
Based on 31 documents. 31. Prior Inventions means all inventions, original works of authorship, developments and improvements which were made by Recipient, alone or jointly with others, prior to Recipient's employment, association or other engagement with the Company or any affiliate thereof.
Prior Inventions means all inventions, original works of authorship, developments, improvements, and trade secrets that were made by Executive prior to Executive's employment with the Company, as set forth on Exhibit A to this Agreement.