intellectual property agreement template

employee agrees to assign to the employer all present and future rights, title, and interest to all intellectual property (“intellectual property”) created or discovered during the course of employee’s employment with the employer. intellectual property also includes the tangible embodiments (e.g. – drawings, notes) of any intangible items. intellectual property that existed prior to the employee’s employment, for which the employee has a right, title, or interest (collectively the “prior inventions”) will remain the exclusive property of the employee. the employee agrees to cooperate with the employer to do whatever is reasonably necessary to obtain the patents and copyrights required to secure the employer’s ownership rights in the intellectual property. the employee will cooperate with the employer during the course of the employee’s employment with the employer as well as after termination of this agreement. following termination of this agreement, the employer will have exclusive ownership rights to all of the employee’s post-employment intellectual property that arises from or directly relates to the employee’s work for the employer.







upon termination of this agreement, the employee agrees to immediately return all tangible embodiments of the intellectual property, including but not limited to data, drawings, documents, and notes developed during the course of the employee’s employment. the employee will not make copies or attempt to recreate the tangible embodiments. this agreement will be interpreted based on the laws of the state of _____________________, regardless of any conflict of law issues that may arise. this agreement constitutes the parties entire understanding of their rights and obligations. this agreement supersedes any other written or verbal communications between the parties. in the event any provision of this agreement is deemed invalid or unenforceable, in whole or in part, that part shall be severed from the remainder of the agreement and all other provisions should continue in full force and effect as valid and enforceable. this agreement will be binding upon the employee’s successors, heirs, and assigns for the benefit of the employer and the employer’s successors, heirs, and assigns. neither party can waive any provision of this agreement, or any rights or obligations under this agreement, unless agreed to in writing.

it is critical to have “clean” ownership of any intellectual property that is critical to the operation and success of your business. an intellectual property assignment agreement provides assurance to investors that the founders have legally transferred to the company the intellectual property required to run the business.

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an intellectual property agreement is a formal contract between employees and employers that outline the terms and conditions for how an organization’s get our free sample intellectual property agreement. this ip agreement can be used to protect intellectual property in any business relationship. intellectual property (ip) assignment agreement: download a sample. this agreement helps assure investors that the ip has been legally transferred., intellectual property agreement template free, intellectual property agreement template free, simple intellectual property agreement, employee intellectual property agreement template, ip transfer agreement template.

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