Confidentiality And Invention Assignment Agreement Template for Ireland

The Confidentiality and Invention Assignment Agreement is a crucial document for organizations operating in Ireland that need to protect their intellectual property and confidential information. This agreement is typically used when engaging new employees, contractors, or consultants who will have access to sensitive information or will be creating intellectual property in the course of their work. It serves two primary purposes: first, to establish legally binding obligations regarding the protection and non-disclosure of confidential information, and second, to ensure that all intellectual property created during the engagement belongs to the employer. The agreement must comply with Irish employment law, intellectual property legislation, and EU regulations, including GDPR and trade secrets protection. It's particularly important for technology companies, research institutions, and any organization involved in innovation or creative work.

1. Parties: Identification of the contracting parties (typically the employer/company and the employee/contractor)

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

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

4. Confidentiality Obligations: Detailed obligations regarding the protection, non-disclosure, and permitted uses of confidential information

5. Assignment of Inventions: Terms regarding the assignment of rights to inventions, developments, and improvements created during employment

6. Intellectual Property Rights: Provisions regarding ownership and transfer of IP rights, including works created in course of employment

7. Return of Materials: Requirements for returning or destroying confidential information and company materials

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

9. Duration and Survival: Term of the agreement and provisions that survive termination

10. Breach and Remedies: Consequences of breach and available remedies including injunctive relief

11. General Provisions: Standard clauses including governing law, severability, and entire agreement