This is an agreement that is entered into between a company and its employee which
transfers the rights and ownership of any employee invention to the company. As part
of their employment duties, the employee is expected to use the company's facilities,
trade secrets, equipment, and supplies to create new trademarks, patents, or
copyrights. This agreement transfers all of the ownership rights of those employee
creations to the company. This agreement is ideal for small businesses or other entities
that want to retain ownership of any invention an employee creates during the course of
employment.
Confidentiality Agreement with Regard to Employee Inventions
This Confidentiality Agreement made on (date) by and between (Name of Employee) of
(street address, city, county, 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, county, state, zip
code), referred to herein as Employer.
Whereas, Employer engages in the business of (type of business); and
Whereas, Employee is being 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 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 receipt and sufficiency of which is
hereby acknowledged, 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 either
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
em