Confidentiality Agreement with regard to Employee Inventions

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					           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
				
DOCUMENT INFO
Description: Generally, an invention is the property of the inventor who conceives, develops, and perfects it. The mere fact of employment alone does not require an employee-inventor to assign a patent to his employer. The rights of an employer, if any, to its employee's inventions and to patents which result from the period of employment are determined primarily from the contract of employment, since it is the terms of the employment contract that determine the relative rights of the parties. No law requires an employee to assign an invention to an employer. However, employers can ensure their ownership through several types of agreement. In an invention-assignment agreement, a company requires an employee to sign over all work-related inventions. (Several states prohibit employers from requiring employees to sign over inventions conceived outside of work, however.) These agreements may be part of an initial employment agreement, or can be made contemporaneously or later. If such an agreement is made after an employee is hired, the employer must offer some "consideration," or valuable benefit other than continued employment, to the employee.
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PARTNER William Glover
I received my B.B.A. from the University of Mississippi in 1973 and my J.D. from the University of Mississippi School of Law in 1976. I joined the firm of Wells Marble & Hurst in May 1976 as an Associate and became a Partner in 1979. While at Wells, I supervised all major real estate commercial loan transactions as well as major employment law cases. My practice also involved estate administration and general commercial law. I joined the faculty of Belhaven College, in Jackson, MS, in 1996 as Assistant Professor of Business Administration and College Attorney. While at Belhaven I taught Business Law and Business Ethics in the BBA and MBA programs; Judicial Process and Constitutional Law History for Political Science Department); and Sports Law for the Department of Sports Administration. I am now on the staff of US Legal Forms, Inc., and drafts forms, legal digests, and legal summaries. I am a LTC and was Staff Judge Advocate for the Mississippi State Guard from 2004-2008. I now serve as the Commanding Officer of the 220th MP BN at Camp McCain near Grenada, MS. I served on active duty during Hurricanes Dennis (July, 2005), Katrina (August, 2005) and Gustav in 2008. I played football at the University of Mississippi in 1969-1971 under Coach John Vaught. I am the author of the Sports Law Book (For Coaches and Administrators) and the Sports Law Handbook for Coaches and Administrators (with Legal Forms),