Employee Invention Agreement Form - Acharya Center - Browse eBooks, Videos and Audios

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Employee Invention Agreement Form

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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 _, 20_.

________________________________
            Employee

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