"Employee Patents and Inventions Agreement Template"

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Employee Patents and Inventions Agreement
Company:
Date:
Employer:
Employee:
Employee Address:
It is hereby mutually agreed upon between the Employer,
and the Employee,
that the following conditions be put
into effect regarding the patents and inventions created during and proceeding the
Employee’s contracted services:
1. The Employee shall provide a complete and accurate written account of patents
and inventions developed during the time of employment, as well as materials,
funding, resources, information and facilities utilized for the aforementioned
purposes.
2. The Employee grants the Employer the rights, royalties and interests that may
come from the invention or patent, during or after the Employee’s contract has
ended. The Employee agrees to sign over any documents or titles of ownership or
intellectual property.
3. The Employee states that he/she has no prior inventions, patents or published
materials that may overlap or conflict with the Employee’s current contract with
the aforementioned employer.
4. The Employer understands that he/she has no ownership of the rights, royalties or
interests from patents or inventions made by the Employee that were made on the
Employee’s own time and that used the Employee’s own materials, resources,
facilities and information.
5. The Employer and the Employee both agree to the following additional conditions:
Employer Signature
Date Signed
Employee Signature
Date Signed
www.BusinessFormTemplate.com
Employee Patents and Inventions Agreement
Company:
Date:
Employer:
Employee:
Employee Address:
It is hereby mutually agreed upon between the Employer,
and the Employee,
that the following conditions be put
into effect regarding the patents and inventions created during and proceeding the
Employee’s contracted services:
1. The Employee shall provide a complete and accurate written account of patents
and inventions developed during the time of employment, as well as materials,
funding, resources, information and facilities utilized for the aforementioned
purposes.
2. The Employee grants the Employer the rights, royalties and interests that may
come from the invention or patent, during or after the Employee’s contract has
ended. The Employee agrees to sign over any documents or titles of ownership or
intellectual property.
3. The Employee states that he/she has no prior inventions, patents or published
materials that may overlap or conflict with the Employee’s current contract with
the aforementioned employer.
4. The Employer understands that he/she has no ownership of the rights, royalties or
interests from patents or inventions made by the Employee that were made on the
Employee’s own time and that used the Employee’s own materials, resources,
facilities and information.
5. The Employer and the Employee both agree to the following additional conditions:
Employer Signature
Date Signed
Employee Signature
Date Signed
www.BusinessFormTemplate.com

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