Confidentiality Agreement for Evaluating Invention

Employers can protect their interest in employee inventions with this template agreement governing ownership of such inventions.

This template agreement is designed to help employers safeguard their interests in inventions and innovations developed by employees during the course of their employment. It establishes clear guidelines regarding the ownership and confidentiality of inventions, patents, and proprietary information.

Assignment of Rights

Under this agreement, the employee assigns to the employer all rights, titles, and interests in any inventions, patents, and improvements that they develop in connection with their employment. This ensures that any intellectual property created by the employee as part of their work remains the property of the employer.

Patent Rights

The employee agrees to provide all necessary assistance to the employer in obtaining domestic and foreign patent rights. This includes taking any actions required to support the employer’s efforts to secure legal protection for inventions developed during employment.

Confidentiality Obligations

The agreement also requires the employee to maintain the confidentiality of all proprietary information belonging to the employer. The employee is prohibited from disclosing any or all such information to third parties, thereby protecting the employer’s business interests.

Jurisdiction

This template does not reference the laws of any specific country or jurisdiction, and can be used in many parts of the world.

Customization

The template is provided in MS Word format and is fully editable, enabling employers to tailor the agreement to meet their unique business needs.

Use this template contract to write a Joint Product Development Agreement between a client and a developer to develop prototype products for manufacture and distribution.

• The client will supply the necessary equipment, and the developer will obtain all regulatory approvals required for manufacturing, selling, licensing and leasing the products.
• The developer owns the background technology.
• All products, documentation, inventions and developments created under the agreement belong jointly to both parties.
• Either party may propose changes to the specifications, but no changes will be implemented unless agreed in writing by both parties.
• The developer indemnifies the client against claims and losses.
• The customer may terminate the agreement at any time, and the developer will have no claim for damages, losses, compensation or otherwise, except to the extent expressly provided in the Agreement.
• This is a downloadable, fully editable legal contract template in MS Word format.

Transfer your rights in an invention or patent to a purchaser who will commercially develop and produce the invention in the UK with this Intellectual Property Transfer Agreement.

• Scope of Agreement. The Transfer Agreement covers the intellectual property being transferred as well as associated documentation and know-how.
• Support. The inventor will provide ongoing support, assistance and expertise with respect to the transferred property.
• Security for Payment. The purchaser's solicitors will hold the executed assignments of rights in trust as security for payment of the purchase price.
• Confidentiality. The inventor agrees not to disclose any confidential information regarding the intellectual property to third parties unless requested to do so by the purchaser.
• Indemnification. The parties mutually indemnify each other.
• Termination for Cause. The agreement contains provisions for termination if a milestone is missed or if the purchaser defaults in making a payment.
• Governing Law. The Intellectual Property Transfer Agreement is governed by the laws of England and Wales and can be used throughout the United Kingdom.
• How to Obtain the Form. You can download the sample agreement immediately after you have purchased it. Customise it with the details of your transaction and it is ready to sign.