Confidentiality Agreement with regard to Employee Inventions by pellcity27

VIEWS: 0 PAGES: 2

More Info
									           Confidentiality Agreement with regard to Employee Inventions

Agreement made on the (date), between (Name of Employee) of (street address, city, state, zip
code), referred to herein as Employee, and (Name of Employer), a corporation organized and
existing under the laws of the state of ______________, with its principal office located at
(street address, city, state, zip code), referred to herein as Employer.

Whereas, Employer engages in the business of (type of business); and

Whereas, Employee has been employed by Employer to engage in the business of (type of
business) as a (position); and

Whereas, the parties agree that as part of Employee's job performance, Employer expects
Employee to develop inventions, and to produce and receive confidential information pertaining
to Employer's business.

Now, therefore, for and in consideration of the mutual covenants contained in this Agreement,
and other good and valuable consideration, the parties agree as follows:

1.      Trade Secrets. During the term of Employee's employment, Employee shall refrain from
disclosing to other persons or entities any confidential information or trade secrets of Employer
developed by Employee or of which Employee becomes aware.

2.      Assignment of Rights to Inventions. During the term of Employee's employment,
Employee agrees that any inventions made by Employee with Employer's facilities, equipment,
supplies, trade secrets, or that relate to Employer's current or anticipated work or research, or
that result from work done for Employer, shall belong to Employer. Employee assigns such
inventions to Employer, and agrees to cooperate with Employer in obtaining patents on
inventions for Employer. Employee further agrees that Employer may keep such inventions as
trade secrets.

3.     Disclosure of Invention to Employer
       A.      To facilitate compliance with this Agreement, Employee agrees to disclose to
       Employer all inventions made by Employee during the course of Employee's
       employment. Employee agrees that any patent application filed within (period of time)
       after termination of Employee's employment is presumed to relate to an invention
       developed during the term of Employee's employment with Employer. Therefore,
       Employee agrees to disclose to Employer all patent applications filed by Employee
       within (period of time) after Employee's employment with Employer has terminated.

       B.     An invention is made by Employee during the course of Employee's employment
       if Employee conceived of, or put into practice, the invention during the term of
       Employee's employment.

4.      Severability. The invalidity of any portion of this Agreement will not and shall not be
deemed to affect the validity of any other provision. If any provision of this Agreement is held to
be invalid, the parties agree that the remaining provisions shall be deemed to be in
								
To top