Invention Disclosure Agreement Template for Belgium

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Key Requirements PROMPT example:

Invention Disclosure Agreement

"I need an Invention Disclosure Agreement under Belgian law for my tech startup to share our AI algorithm with potential investors, with special attention to cross-border data protection as we'll be meeting investors in March 2025 across Europe."

Document background
An Invention Disclosure Agreement is essential when inventors, companies, or research institutions need to share confidential information about new inventions with potential partners, investors, or evaluators. This document, structured under Belgian law, provides crucial protection for intellectual property rights during the disclosure process. It becomes particularly important in the early stages of invention development, before patent applications are filed, or when seeking commercial partnerships. The agreement ensures compliance with Belgian intellectual property laws, including the Code of Economic Law Book XI and the Belgian Act on Trade Secrets, while establishing clear confidentiality obligations and usage limitations for the receiving parties.
Suggested Sections

1. Parties: Identification of the disclosing party (inventor/owner) and receiving party, including full legal names, addresses, and registration details if applicable

2. Background: Context of the disclosure, relationship between parties, and general purpose of the agreement

3. Definitions: Definitions of key terms including 'Invention', 'Confidential Information', 'Permitted Purpose', and 'Representatives'

4. Scope of Disclosure: Details of what information will be disclosed and in what form

5. Confidentiality Obligations: Core obligations regarding the protection and non-disclosure of the invention and related information

6. Permitted Use: Specific purposes for which the receiving party may use the disclosed information

7. Security Measures: Required security measures for protecting the disclosed information

8. Return or Destruction of Information: Procedures for handling confidential information after the agreement ends

9. Duration and Termination: Term of the agreement and conditions for termination

10. Intellectual Property Rights: Confirmation that disclosure doesn't transfer any IP rights and protection of existing rights

11. Governing Law and Jurisdiction: Specification of Belgian law as governing law and jurisdiction for disputes

Optional Sections

1. Multiple Inventors: Additional provisions when the invention has multiple inventors or owners

2. Employee Obligations: Specific provisions when the receiving party will share information with employees

3. International Disclosure: Additional provisions for cross-border disclosures and international protection

4. Grant of License: Optional licensing terms if evaluation requires limited use of the invention

5. Non-Competition: Restrictions on competing activities during and after disclosure

6. Assignment: Terms regarding whether rights under the agreement can be assigned to third parties

7. Insurance: Requirements for insurance coverage related to handling confidential information

Suggested Schedules

1. Schedule 1 - Technical Description: Detailed technical description of the invention including drawings, specifications, and technical data

2. Schedule 2 - Disclosure Protocol: Specific procedures and protocols for how information will be disclosed and handled

3. Schedule 3 - Authorized Representatives: List of authorized representatives from each party who may access the confidential information

4. Schedule 4 - Security Requirements: Detailed security measures and protocols required for protecting the disclosed information

5. Appendix A - Form of Acknowledgment: Template for representatives to acknowledge confidentiality obligations

6. Appendix B - Destruction Certificate: Template certificate confirming destruction of confidential information when required

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

Relevant legal definitions
Relevant Industries

Technology

Biotechnology

Pharmaceutical

Engineering

Manufacturing

Chemical Industry

Software Development

Medical Devices

Automotive

Aerospace

Electronics

Green Technology

Artificial Intelligence

Telecommunications

Industrial Design

Relevant Teams

Legal

Research and Development

Intellectual Property

Innovation

Product Development

Technology Transfer

Business Development

Patent Operations

Scientific Affairs

Corporate Strategy

Relevant Roles

Patent Attorney

Intellectual Property Manager

Research Director

Chief Technology Officer

Innovation Manager

Legal Counsel

Research Scientist

Product Development Manager

Technology Transfer Officer

Business Development Manager

R&D Director

Intellectual Property Analyst

Chief Innovation Officer

Licensing Manager

Patent Engineer

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

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