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Proprietary Information & Invention Assignment Agreement FAQs
What is a Proprietary Information & Invention Assignment Agreement?
This agreement ensures that anything invented by your employees at work or related to your business belongs to the company. It also protects confidential information from being disclosed by current and former employees.
What's included in a Proprietary Information & Invention Assignment Agreement?
This agreement contains the terms you need to protect your company’s confidential information and intellectual property. It contains confidentiality terms, liability protection, and invention assignment clauses to ensure your company owns everything invented at the company.
Why is this different than a template?
Templates aren’t customized. They offer generic language that may or may not fit your company. You have to do all the work to make the document work for your circumstances.
In contrast, SixFifty’s document automation dynamically chooses the language your business needs based on answers to our question flow. As you go through the guided questions, our backend system builds your fully customized document just like a law firm would.
The result? A superior customized document you can feel comfortable knowing is up-to-date and written by a world-class legal team.
Why do I need a Proprietary Information & Invention Assignment Agreement?
You may want use this agreement with all employees. Many times, this agreement is included in the initial employment paperwork an employee signs when he/she joins the company. But if not, this agreement can supplement their initial employment agreement.
How many times can I create my Proprietary Information & Invention Assignment Agreement
Once you create an account you will be able to start the question and answer flow.
If you need to stop at anytime you can return to the question and answers by logging back into your account. Once you complete your document, you will not be able to start the questions over again.
If you need to re-download your finished document you can come back to your account and resend the Word file to your email.
What format does the Proprietary Information & Invention Assignment Agreement come in?
You will receive your finished document in a Word format for easy editing.
What makes SixFifty better?
Built by legal experts
Powered by world-renowned Wilson Sonsini, SixFifty prides itself on quality.
Documents are created in Microsoft Word to allow for maximum flexibility.
Our team of top lawyers actively watch and monitor changes in the law to update documents.
Unlike traditional outside counsel, you can create your documents 24/7.