Confidentiality And Intellectual Property Assignment Agreement for the United States

Confidentiality And Intellectual Property Assignment Agreement Template for United States

A comprehensive legal agreement used in the United States that combines confidentiality obligations with intellectual property assignment provisions. This document ensures that confidential information remains protected while simultaneously securing the company's rights to any intellectual property created during the course of employment or engagement. It is governed by various federal and state laws, including the Trade Secrets Act, Copyright Act, and state-specific employment laws.

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What is a Confidentiality And Intellectual Property Assignment Agreement?

The Confidentiality And Intellectual Property Assignment Agreement is essential for businesses operating in the United States that need to protect their proprietary information and secure ownership of intellectual property created by their workers. This document is commonly used when onboarding new employees, engaging contractors, or establishing consulting relationships. It addresses two critical aspects: maintaining confidentiality of sensitive information and ensuring that intellectual property created during the engagement belongs to the company. The agreement must comply with federal laws such as the Trade Secrets Act and Copyright Act, as well as state-specific employment and intellectual property laws.

What sections should be included in a Confidentiality And Intellectual Property Assignment Agreement?

1. Parties: Identifies all parties to the agreement, including full legal names and addresses

2. Background: Explains the context and purpose of the agreement, including the relationship between the parties

3. Definitions: Defines key terms used throughout the agreement, particularly 'Confidential Information' and 'Intellectual Property'

4. Confidentiality Obligations: Details the specific obligations regarding confidential information, including use restrictions and protection requirements

5. Intellectual Property Assignment: Specifies the scope and terms of IP assignment, including existing and future developments

6. Return of Materials: Requirements for returning or destroying confidential materials upon request or termination

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

8. General Provisions: Standard legal provisions including governing law, jurisdiction, and entire agreement

What sections are optional to include in a Confidentiality And Intellectual Property Assignment Agreement?

1. Non-Competition: Restrictions on competitive activities - used when dealing with employees or contractors in states where non-competes are enforceable

2. Non-Solicitation: Restrictions on soliciting employees or customers - used when protecting business relationships is crucial

3. Moral Rights Waiver: Waiver of moral rights in created works - used when dealing with copyright-protected works, especially in creative industries

4. Third Party Information: Handling of third party confidential information - used when parties may need to share information owned by others

What schedules should be included in a Confidentiality And Intellectual Property Assignment Agreement?

1. Schedule A - Prior Inventions: List of pre-existing intellectual property excluded from assignment

2. Schedule B - Specific Confidential Information: Detailed list of specific confidential information covered by the agreement

3. Schedule C - Excluded Inventions: List of inventions specifically excluded from the agreement

4. Schedule D - Specific Assignment Terms: Detailed terms for specific types of intellectual property assignments

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

United States

Publisher

Genie AI

Cost

Free to use
Relevant legal definitions
Clauses
Industries

Federal Trade Secrets Act: Defend Trade Secrets Act of 2016 - Federal law providing uniform standards for trade secret protection and remedies for misappropriation

Copyright Act: Copyright Act of 1976 - Federal law governing copyright protection for original works of authorship

Patent Act: 35 U.S.C. - Federal law governing patent rights, protection of inventions, and assignment of patent rights

Lanham Act: Federal trademark law protecting intellectual property related to brands, marks, and trade dress

Economic Espionage Act: Federal law criminalizing theft of trade secrets, particularly relevant for confidentiality provisions

Computer Fraud and Abuse Act: Federal law protecting against unauthorized access to computer systems and digital information

State Trade Secret Laws: Various state-specific laws governing trade secret protection, often based on the Uniform Trade Secrets Act

State Contract Laws: State-specific laws governing contract formation, enforcement, and interpretation

State Employment Laws: State-specific regulations governing employment relationships and workplace rights

Uniform Trade Secrets Act: Model law adopted by most states providing uniform standards for trade secret protection

Non-Compete Restrictions: State-specific limitations and requirements for non-compete provisions in employment agreements

Employment-at-will Doctrine: Legal principle affecting employment relationships and contract terms in most US states

Employee Invention Assignment Laws: State-specific laws governing the assignment of employee inventions and limitations on such assignments

Contract Formation Requirements: Legal principles governing offer, acceptance, consideration, and other elements of valid contract formation

Enforceability Standards: Legal requirements for making confidentiality and IP assignment provisions enforceable

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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