Fill and Sign the Assignment Invention Agreement Form

Assignment of Rights in Invention Prior to Execution of Application Assignment made ________________ (date of assignment), by __________________ (name of Inventor) , of ______________________________________ (address of Inventor), hereinafter called Inventor, to __________________________ (name of Assignee), of ____________________________________________________________________________ (address of Assignee) , hereinafter called Assignee. Whereas, Inventor has invented certain new and useful improvements in (subject of Invention) , hereinafter called Invention, identified and described in the attached Exhibit A attached hereto and made a part hereof; and Whereas, Assignee desires to acquire all right, title, and interest in the Invention and in letters patent of the United States and foreign countries that may be granted on the Invention. 1. Assignment In consideration of $_____________ and other consideration, receipt of which Is acknowledged by Inventor, Inventor assigns to Assignee the entire right, title, and interest in the Invention , and to all rights of priority to the same pursuant to the International Convention for the Protection of Industrial Property; and in any patents on the Invention. 2. Cooperation Inventor agrees to cooperate with Assignee such that Assignee may enjoy to the fullest extent the rights conveyed under this agreement. Included within the scope of this duty is cooperation in such proceedings involving the United States and foreign applications and patents as opposition, cancellation proceedings, priority contests, interferences, public use proceedings, court actions, etc. 3. Parties The terms and provisions of this Assignment shall inure to the benefit of Assignee, Assignee 's successors, assigns, and other legal representatives, and shall be binding on Inventor , his heirs, legal representatives, and assigns. 4. Inventor’s Warranty Inventor warrants and represents that he has not entered into any assignment, contract, or understanding in conflict with the terms and provisions of this Agreement in their entirety. 5. Severability The invalidity of any portion of this Agreement will not and shall not be deemed to affect the validity of any other provision. If any provision of this Agreement is held to be invalid, the parties agree that the remaining provisions shall be deemed to be in full force and effect as if they had been executed by both parties subsequent to the expungement of the invalid provision. 6. No Waiver The failure of either party to this Agreement to insist upon the performance of any of the terms and conditions of this Agreement, or the waiver of any breach of any of the terms and conditions of this Agreement, shall not be construed as subsequently waiving any such terms and conditions, but the same shall continue and remain in full force and effect as if no such forbearance or waiver had occurred. 7. Governing Law This Agreement shall be governed by, construed, and enforced in accordance with the laws of the State of ________________. 8. Notices Any notice provided for or concerning this Agreement shall be in writing and shall be deemed sufficiently given when sent by certified or registered mail if sent to the respective address of each party as set forth at the beginning of this Agreement. 9. Mandatory Arbitration Any dispute under this Agreement shall be required to be resolved by binding arbitration of the parties hereto. If the parties cannot agree on an arbitrator, each party shall select one arbitrator and both arbitrators shall then select a third. The third arbitrator so selected shall arbitrate said dispute. The arbitration shall be governed by the rules of the American Arbitration Association then in force and effect. 10. Entire Agreement This Agreement shall constitute the entire agreement between the parties and any prior understanding or representation of any kind preceding the date of this Agreement shall not be binding upon either party except to the extent incorporated in this Agreement. 11. Modification of Agreement Any modification of this Agreement or additional obligation assumed by either party in connection with this Agreement shall be binding only if placed in writing and signed by each party or an authorized representative of each party. 12. In this contract, any reference to a party includes that party's heirs, executors, administrators, successors and assigns, singular includes plural and masculine includes feminine. WITNESS our signatures as of the day and date first above stated. ________________________ _________________________ (Printed name) (Printed name) ________________________ _________________________ (Signature of Inventor) (Signature of Assignee)