Employment Agreement Assignment Of Inventions

The deal has a lot of names, but technically experienced companies often refer to them as PIAs (or abbreviated as “pee-as”). PIIA is the acronym for the most widely used name for these agreements, “proprietary information and invention assignment agreements”. The typical form of the agreement covers two main areas: confidentiality and intellectual property. the extent of the transfer. A conservative but thorough and well-written employment contract obliges the worker to assign all his intellectual property and patent rights for inventions relating to the employer`s activity designed or developed using the employer`s equipment, accessories, facilities or trade secrets, or which result from work or aptitude acquired by the worker for the employer, if the invention was conceived at the time of the worker. Inventions and intellectual property should be defined to the extent possible in order to identify all kinds of inventions, designs, discoveries, improvements and ideas, whether invented jointly or exclusively by the worker. Employees typically see these provisions in a confidential information and assignment invention agreement (CIIAA) separate from their letter of offer or employment contract. Independent contractors generally see these provisions in their agreement on independent contractors. Founders generally consider these provisions both in a first intellectual property assignment contract concluded at the time of the creation of their company and in a subcontractor or independent contractor contract of ciiaa concluded as part of their current service relationship. . .

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