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Invention Assignment Agreement

Employee inventions belong to the company under this intellectual property assignment.

INVENTION ASSIGNMENT AGREEMENT

This Invention Assignment Agreement is made on [DATE] between [COMPANY NAME] ("Company") and [EMPLOYEE NAME] ("Employee").

1. ASSIGNMENT OF INVENTIONS

Employee assigns to Company all rights in inventions, discoveries, and improvements made during employment that relate to Company's business.

2. SCOPE OF ASSIGNMENT

Assignment includes inventions made: (a) during work hours, (b) using Company resources, (c) relating to Company's actual or anticipated business.

3. DISCLOSURE OBLIGATION

Employee agrees to promptly disclose all inventions to Company and provide all necessary documentation and assistance.

4. PRIOR INVENTIONS

Employee represents that Schedule A lists all prior inventions, or states "None" if no prior inventions exist.

5. COOPERATION

Employee agrees to cooperate in obtaining patent protection, including executing patent applications and providing testimony.

6. CONTINUATION OF OBLIGATIONS

These obligations continue for [PERIOD] after termination of employment for inventions conceived during employment.

COMPANY: _________________ EMPLOYEE: _________________

[COMPANY NAME] [EMPLOYEE NAME]

Date: ___________ Date: ___________

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What is a Invention Assignment Agreement?

An Invention Assignment Agreement ensures that employee-created inventions and intellectual property during employment belong to the company.