Document background
The Proprietary Information and Inventions Agreement is a crucial document used to establish and protect a company's rights to intellectual property and confidential information in Indonesia. This agreement is typically executed when hiring employees, engaging contractors, or establishing business relationships where sensitive information will be shared or new intellectual property may be created. It ensures compliance with Indonesian legislation, including trade secret laws, patent laws, and employment regulations, while providing comprehensive protection for the company's intellectual assets. The agreement covers various aspects including invention assignments, confidentiality obligations, disclosure requirements, and post-employment obligations. It is particularly important in industries where innovation and intellectual property are key business assets, and helps prevent unauthorized disclosure or use of proprietary information.
