View the list of Sample Business Letters

Employee Invention Agreement

Disclaimer: Be aware that some of these sample letters have legal, financial, or other implications. If you are not sure about the use of any letter, consult with an appropriate professional first.

Employee Invention Agreement

EMPLOYEE INVENTION AGREEMENT






FOR GOOD CONSIDERATION, and in consideration of the
undersigned being employed by_ (Company); the undersigned
hereby agrees, acknowledges and represents:
1. The undersigned, during the course of employment, shall
promptly disclose in writing to the company 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) Result from any work performed on behalf of
Company, or pursuant to a suggested research
project by the Company, or
b) Relate in any manner to the existing or contemplated
business of the Company, or
c) Result from the use of the Company's time, material,
employees or facilities.
2. The undersigned hereby assigns to the Company, its
successors and assigns, all right, title and interest
to said inventions.
3. The undersigned shall, at the Company's request,
execute specific assignmnets to any such invention and
execute, acknowledge, and deliver any additional
documents required to obtain letters patent in any
jurisdiction and shall, at the Company's request and
expense, assist in the defense and prosecution of said
letters patent as may be required by Company. This
provision shall survive termination of employ with the
Company.


Signed under seal this _ day of _, 19_.






________________________________
Employee



   


 

Reprinted with the permission of 4hb.com . All Rights Reserved.