Categories: Business Letters

Employee Invention Agreement

EMPLOYEE INVENTION AGREEMENT

 

FOR GOOD CONSIDERATION, and in consideration of the undersigned being employed by_ (Organization); the undersigned hereby agrees, acknowledges and represents:

1. The undersigned, during the course of employment, shall promptly disclose in writing to the organization all inventions, discoveries, improvements, developments and innovations whether patentable or not, conceived in whole or in part by the undersigned or through assistance of the undersigned, and whether conceived or developed during working hours or not, which:

a) Outcome from any work performed on behalf of Organization, or pursuant to a suggested research project by the Organization, or

b) Relate in any possibility to the existing or contemplated business of the Organization, or

c) Outcome from the use of the Organization’s time, material, employees or facilities.

2. The undersigned hereby assigns to the Organization, its successors and assigns, all right, title and interest to said inventions.

3. The undersigned shall, at the Organization’s request, execute specific assignments to any such invention and execute, acknowledge, and deliver any additional documents required to obtain letters patent in any jurisdiction and shall, at the Organization’s appeal and expense, assist in the defense and prosecution of said letters patent as may be required by Organization. This provision shall survive termination of employ with the Organization.

 

Signed under seal this _ day of _, 20_.

____________________________

Employee

Employee Invention Agreement

emily

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