Confidential Information And Invention Assignment Agreement for Australia

Confidential Information And Invention Assignment Agreement Template for Australia

A comprehensive legal agreement governed by Australian law that establishes the terms and conditions for protecting confidential information and assigning intellectual property rights between parties. The document ensures that any inventions, innovations, or intellectual property created during the course of employment or engagement are properly assigned to the company, while also maintaining the confidentiality of sensitive information. It incorporates relevant provisions from Australian intellectual property law, employment law, and privacy regulations, providing clear guidelines for ownership, use, and protection of confidential information and inventions.

Your data doesn't train Genie's AI

You keep IP ownership of your information

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Download a Standard Template

4.6 / 5
4.8 / 5
Access for free
OR

Alternatively: Run an advanced review of an existing
Confidential Information And Invention Assignment Agreement

Let Genie AI's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.
Upload your Doc

What is a Confidential Information And Invention Assignment Agreement?

The Confidential Information And Invention Assignment Agreement is a crucial legal document used in Australian business contexts to protect a company's intellectual property and confidential information while ensuring proper assignment of new inventions and innovations. This agreement is particularly important when engaging employees, contractors, or consultants who will have access to sensitive information or will be creating intellectual property in the course of their work. The document addresses requirements under Australian patent law, copyright law, and employment regulations, providing comprehensive coverage of confidentiality obligations and intellectual property assignment. It's commonly used during the onboarding process and is essential for businesses in innovative or technology-focused sectors where intellectual property protection is paramount.

What sections should be included in a Confidential Information And Invention Assignment Agreement?

1. Parties: Identification of the parties entering into the agreement

2. Background: Context of the agreement and relationship between the parties

3. Definitions: Definitions of key terms including 'Confidential Information', 'Intellectual Property', 'Inventions', and other relevant terms

4. Scope of Relationship: Details of the working relationship between the parties

5. Confidential Information: Definition and scope of confidential information covered by the agreement

6. Confidentiality Obligations: Specific obligations regarding the use, disclosure, and protection of confidential information

7. Assignment of Inventions: Terms regarding the assignment of inventions, developments, and improvements

8. Intellectual Property Rights: Ownership and transfer of IP rights, including pre-existing IP

9. Return of Materials: Requirements for returning or destroying confidential materials

10. Non-Competition and Non-Solicitation: Restrictions on competitive activities and solicitation of employees/customers

11. Term and Termination: Duration of the agreement and termination provisions

12. Remedies: Legal remedies available in case of breach

13. General Provisions: Standard clauses including governing law, jurisdiction, and entire agreement

What sections are optional to include in a Confidential Information And Invention Assignment Agreement?

1. Prior Inventions: Section for listing pre-existing inventions excluded from the agreement, used when the individual has existing IP they want to protect

2. Third Party Information: Provisions regarding confidential information belonging to third parties, used when dealing with contractors who work with multiple clients

3. Government Rights: Special provisions for government contracts or regulated industries

4. Open Source Software: Provisions regarding use and contribution to open source software, relevant for software development contexts

5. Conflict of Interest: Additional provisions regarding outside activities and potential conflicts, important for senior employees or consultants

6. Export Control: Provisions regarding international technology transfer, needed for companies dealing with international operations or controlled technologies

7. Privacy and Data Protection: Additional provisions specifically addressing personal data handling, necessary when dealing with personal information

What schedules should be included in a Confidential Information And Invention Assignment Agreement?

1. Schedule A - Prior Inventions: List of pre-existing inventions excluded from the agreement

2. Schedule B - Specific Confidential Information: Detailed list or categories of confidential information covered

3. Schedule C - Approved Outside Activities: List of pre-approved activities or commitments outside the scope of the agreement

4. Appendix 1 - Security Requirements: Specific security protocols and requirements for handling confidential information

5. Appendix 2 - Return of Materials Checklist: Checklist for returning or destroying confidential materials

6. Appendix 3 - Notification Requirements: Specific procedures for reporting inventions or potential IP

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Jurisdiction

Australia

Publisher

Genie AI

Sector

Cost

Free to use
Relevant legal definitions
Relevant Industries

Technology

Biotechnology

Pharmaceutical

Research and Development

Software Development

Manufacturing

Engineering

Healthcare

Financial Services

Professional Services

Education

Media and Entertainment

Telecommunications

Aerospace

Defense

Relevant Teams

Research & Development

Engineering

Product Development

Innovation

Technical Operations

Design

Quality Assurance

Information Technology

Data Science

Legal

Human Resources

Intellectual Property

Laboratory Operations

Software Development

Systems Architecture

Relevant Roles

Software Developer

Research Scientist

Product Manager

Engineering Manager

Chief Technology Officer

Research Director

Technical Consultant

Design Engineer

Data Scientist

Systems Architect

Innovation Manager

R&D Specialist

Laboratory Technician

Industrial Designer

Technical Writer

Project Manager

Business Analyst

Quality Assurance Engineer

Patent Officer

Intellectual Property Manager

Industries
Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

Find the exact document you need

Contract Disclosure Agreement

An Australian law-governed agreement establishing terms for sharing and protecting confidential information between parties.

find out more

Confidentiality Non Disclosure And Non Compete Agreement

An Australian law-governed agreement combining confidentiality obligations and competitive restrictions to protect business interests and sensitive information.

find out more

Mutual Non Circumvention Agreement

An Australian law-governed agreement protecting business relationships and preventing circumvention between parties in commercial dealings.

find out more

NDA Between Company And Consultant

An Australian-law governed NDA for protecting confidential information shared between companies and their external consultants.

find out more

Employee Privacy Agreement

An Australian-compliant agreement governing the collection, use, and protection of employee personal information under the Privacy Act 1988 and APPs.

find out more

Confidentiality Agreement Between Two Individuals

An Australian-law governed confidentiality agreement for protecting sensitive information shared between two individuals.

find out more

Business Non Disclosure Agreement Form

Australian-law compliant Business Non-Disclosure Agreement for protecting confidential information in business relationships.

find out more

Employee Secrecy Agreement

An Australian-law governed agreement establishing confidentiality obligations between employer and employee to protect sensitive business information and trade secrets.

find out more

NDA Settlement Agreement

An Australian law-governed agreement combining settlement terms with confidentiality obligations to resolve disputes while maintaining privacy of sensitive information.

find out more

Non Disclosure Agreement For Board Members

Australian-law governed Non-Disclosure Agreement for board members, ensuring protection of confidential information while complying with directors' duties under Australian law.

find out more

Disclosure Agreement Form

An Australian-law governed agreement that establishes terms for sharing and protecting confidential information between parties, ensuring compliance with local privacy laws and regulations.

find out more

Individual Confidentiality Agreement

An Australian-law governed agreement establishing confidentiality obligations between an individual and an organization, protecting sensitive information with locally enforceable provisions.

find out more

Two Sided NDA

An Australian law-governed mutual non-disclosure agreement protecting confidential information exchanged between two parties.

find out more

Confidential Meeting Agreement

An Australian legal agreement protecting confidential information shared during business meetings, ensuring compliance with federal and state privacy laws.

find out more

Non Disclosure Agreement For Resigned Employee

An Australian-compliant Non-Disclosure Agreement for resigned employees, protecting company confidential information and intellectual property post-employment.

find out more

Candidate Confidentiality Agreement

An Australian-law governed confidentiality agreement for job candidates to protect company information during the recruitment process.

find out more

Confidentiality Agreement Between Two Companies

An Australian-law governed confidentiality agreement between two companies for protecting sensitive information shared during business dealings.

find out more

Non Disclosure Agreement For Restaurant Employees

An Australian-compliant Non-Disclosure Agreement protecting confidential information in restaurant operations, including recipes, procedures, and business information.

find out more

Confidentiality Agreement Financial Information

Australian-law confidentiality agreement template for protecting sensitive financial information shared during business transactions and professional engagements.

find out more

Confidentiality Letter

An Australian-law Confidentiality Letter establishing legally binding confidentiality obligations between parties sharing sensitive information.

find out more

Salary Non Disclosure Agreement

An Australian-compliant agreement establishing employee obligations to maintain the confidentiality of salary and compensation information.

find out more

Real Estate Confidentiality Agreement

An Australian-compliant confidentiality agreement for protecting sensitive information in real estate transactions and property-related dealings.

find out more

Real Estate Agent Confidentiality Agreement

An Australian-compliant confidentiality agreement for real estate professionals handling sensitive property and client information.

find out more

Limited Disclosure Agreement

An Australian law-governed agreement that specifically defines and controls permitted disclosures of confidential information while prohibiting others.

find out more

Intern Non Disclosure Agreement

Australian-compliant Non-Disclosure Agreement for interns, protecting company confidential information while acknowledging the educational nature of internships.

find out more

Employee Innovation And Proprietary Information Agreement

An Australian agreement protecting employer IP rights and confidential information in employment relationships, ensuring compliance with federal IP and employment laws.

find out more

Employee Exit NDA

An Australian-compliant Non-Disclosure Agreement for departing employees, protecting company confidential information while adhering to Australian employment law requirements.

find out more

Confidentiality And Restraint Of Trade Agreement

An Australian law-governed agreement combining confidentiality obligations and restraint of trade provisions to protect business interests and confidential information.

find out more

Confidentiality Agreement In Clinical Trials

Australian-jurisdiction Confidentiality Agreement for clinical trials, ensuring protection of sensitive trial data and compliance with local regulations.

find out more

Three Way NDA

An Australian law-governed three-way confidentiality agreement protecting information shared between multiple parties in business transactions.

find out more

Reciprocal Non Disclosure Agreement

An Australian-law governed mutual confidentiality agreement establishing reciprocal obligations between parties to protect shared confidential information.

find out more

Privacy And Confidentiality Agreement

Australian Privacy and Confidentiality Agreement ensuring protection of confidential information and personal data under Australian privacy laws and regulations.

find out more

Privacy Agreement Form

An Australian-compliant Privacy Agreement Form that governs the collection, use, and protection of personal information under the Privacy Act 1988 and APPs.

find out more

Non Disclosure Non Solicitation Agreement

An Australian-law governed agreement protecting confidential information and preventing solicitation of employees, clients, and business partners.

find out more

Non Disclosure Agreement Property

An Australian-jurisdiction Non-Disclosure Agreement for protecting confidential information in property-related transactions and dealings.

find out more

Non Competition Non Solicitation And Confidentiality Agreement

An Australian law-governed agreement combining non-compete, non-solicitation, and confidentiality provisions to protect business interests while ensuring compliance with local restraint of trade principles.

find out more

Non Circumvention Agreement

An Australian law agreement preventing parties from bypassing each other in business dealings and protecting shared business relationships and opportunities.

find out more

Indefinite Confidentiality Agreement

An Australian law-governed Indefinite Confidentiality Agreement establishing permanent obligations to protect confidential business information and trade secrets.

find out more

Employee Proprietary Information Agreement

An Australian law-governed agreement protecting employer's confidential information and intellectual property rights in employment relationships.

find out more

Confidentiality Agreement In Business Plan

An Australian law-governed agreement protecting confidential business plan information shared between parties, ensuring its secure handling and limited use.

find out more
See more related templates

Genie’s Security Promise

Genie is the safest place to draft. Here’s how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; Genie’s AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

We are ISO27001 certified, so your data is secure

Organizational security:

You retain IP ownership of your documents and their information

You have full control over your data and who gets to see it

2 Docs LeftAccess Now