Invention Assignment Agreement

{{company_name}}

{{company_address}}

Phone: {{phone}} | Email: {{email}} | Web: {{website}}

Invention Assignment Agreement

Invention Assignment Agreement

{{company_name}}

{{company_address}}

Phone: {{phone}} | Email: {{email}}

Website: {{website}}

INVENTION ASSIGNMENT AGREEMENT

This Invention Assignment Agreement (the 'Agreement') is made and entered into on this {{day}} day of {{month}}, {{year}} (the 'Effective Date'), by and between:

{{company_name}} (hereinafter referred to as the 'Company'), a company duly incorporated under the laws of {{country}}, with its principal place of business at {{company_address}}.

AND

{{employee_name}} (hereinafter referred to as the 'Employee'), residing at {{employee_address}}.

RECITALS

WHEREAS, the Company is engaged in the business of {{company_business_description}}.

WHEREAS, the Employee is employed by the Company in the capacity of {{employee_position}}.

WHEREAS, in the course of the Employee's employment, the Employee may conceive, develop, or reduce to practice certain inventions, discoveries, improvements, and intellectual property (collectively 'Inventions') that relate to the Company's business or anticipated business.

WHEREAS, the Company desires to ensure that it owns all such Inventions, and the Employee agrees to assign all rights, title, and interest in such Inventions to the Company.

1. ASSIGNMENT OF INVENTIONS

1.1. The Employee hereby assigns to the Company, or its designated nominee, all rights, title, and interest in and to any and all Inventions (whether or not patentable or registrable under copyright or similar laws) that the Employee, alone or jointly with others, may conceive, develop, or reduce to practice during the period of employment, whether during or outside of working hours, and that (a) relate to the actual or demonstrably anticipated business or research or development of the Company, or (b) result from any work performed by the Employee for the Company, or (c) are developed using Company equipment, supplies, facilities, or trade secret information.

1.2. The Employee further agrees to execute all such instruments and do all such other acts as may be necessary or desirable, at the Company's expense, to perfect the Company's title to such Inventions, including, but not limited to, assisting the Company in applying for, obtaining, and enforcing patents, copyrights, and other intellectual property rights in all countries.

2. PRIOR INVENTIONS

2.1. The Employee has attached hereto as Schedule A, a complete list of all Inventions relevant to the Company's business that were made by the Employee prior to the commencement of employment with the Company, and that the Employee desires to exclude from the scope of this Agreement. If no such list is attached, the Employee represents that there are no such Inventions.

2.2. The Employee acknowledges and agrees that if, in the course of performing services for the Company, the Employee incorporates into a Company Invention any Invention listed on Schedule A (or any other Invention owned by the Employee prior to employment), the Company is hereby granted a non-exclusive, royalty-free, irrevocable, perpetual, worldwide license to make, use, sell, import, and otherwise exploit such Invention as part of the Company Invention.

3. CONFIDENTIALITY

3.1. The Employee acknowledges that during the course of employment, the Employee will have access to and become familiar with confidential and proprietary information of the Company. The Employee agrees to keep all such information confidential and not to disclose it to any third party or use it for any purpose other than in the course of employment with the Company, either during or after the termination of employment.

3.2. This obligation of confidentiality shall survive the termination of this Agreement for any reason.

4. RETURN OF COMPANY PROPERTY

Upon termination of employment for any reason, the Employee agrees to immediately return to the Company all property, equipment, documents, and materials (including all copies thereof) belonging to the Company, including but not limited to, those containing Company Inventions or confidential information.

5. GOVERNING LAW AND JURISDICTION

This Agreement shall be governed by and construed in accordance with the laws of {{country}}. Any disputes arising out of or in connection with this Agreement shall be subject to the exclusive jurisdiction of the courts of {{country}}.

6. ENTIRE AGREEMENT

This Agreement constitutes the entire agreement between the Employee and the Company with respect to the subject matter hereof and supersedes all prior and contemporaneous agreements, understandings, negotiations, and discussions, whether oral or written, of the parties.

7. SEVERABILITY

If any provision of this Agreement is held to be invalid or unenforceable, such provision shall be severed from this Agreement, and the remaining provisions shall remain in full force and effect.

SIGNATURES

IN WITNESS WHEREOF, the parties have executed this Invention Assignment Agreement as of the Effective Date.

_______________________________

{{employee_name}}

Employee Signature

Date: {{date}}

_______________________________

For and on behalf of {{company_name}}

Name: {{authorized_signatory_name}}

Title: {{authorized_signatory_title}}

Date: {{date}}

SCHEDULE A: PRIOR INVENTIONS

Please list any inventions, improvements, or discoveries relevant to the Company's business made by you prior to your employment with the Company that you wish to exclude from this Agreement. If no inventions are listed, you represent that there are none.

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