Confidential Information and Invention AssignmentPage 1 of 9 Confidential Information and Invention Assignment Name of Employee: Effective Date: Agreement made on the day of , 20 ,between of , (Name) (Street Address) , referred to herein as Employee, and Acme, Inc., a (City, County, State, Zip Code)corporation organized and existing under the laws of the state of , (Name of State) with its principal office located at , (Street Address, City, County, State, Zip Code) referred to herein as the Company . Company and Employee are together referred to as the
Parties.For and in consideration of the mutual covenants contained in this Agreement, and other good
and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the
parties agree as follows:1.Relationship. This Confidential Information and Invention Assignment Agreement (this
Agreement) will apply to Employee’s employment relationship with the Company. If that
relationship ends and the Company, within a year thereafter, either reemploys Employee or
engages Employee as an Consultant, Employee agrees that this Agreement will also apply to
such later employment or consulting relationship, unless the Parties otherwise agree in
writing. Any such employment relationship between the parties hereto, whether commenced
prior to, upon or after the date of this Agreement, is referred to herein as the Relationship.2.Duties. Employee agrees to perform for the Company such duties as may be designated
by the Company from time to time or that are otherwise within the scope of the Relationship and
not contrary to instructions from the Company. During the Relationship, Employee will devote
his entire best business efforts to the interests of the Company and will not engage in other
employment or in any activities detrimental to the best interests of the Company without the
prior written consent of the Company.3. Protection of Information. Employee understand that during the Relationship, the
Company intends to provide him with information, including Confidential Information (as
defined below), without which he would not be able to perform his duties to the Company.
Employee agrees, at all times during the term of the Relationship and thereafter, to hold in
strictest confidence, and not to use, except for the benefit of the Company to the extent necessary
to perform his obligations to the Company under the Relationship, and not to disclose to any
person, firm, corporation or other entity, without written authorization from the Company in each
Confidential Information and Invention AssignmentPage 2 of 9instance, any Confidential Information that he obtains, accesses or creates during the term of the
Relationship, whether or not during working hours, until such Confidential Information becomes
publicly and widely known and made generally available through no wrongful act of Employee
or of others who were under confidentiality obligations as to the item or items involved.
Employee further agrees not to make copies of such Confidential Information except as
authorized by the Company.4. Confidential Information. Employee understands that Confidential Information
means information and physical material not generally known or available outside the Company
and information and physical material entrusted to the Company in confidence by third parties.
Confidential Information includes, without limitation: Company Inventions (as defined below);
and (ii) technical data, trade secrets, know-how, research, product or service ideas or plans,
software codes and designs, algorithms, developments, inventions, patent applications,
laboratory notebooks, processes, formulas, techniques, biological materials, mask works,
engineering designs and drawings, hardware configuration information, agreements with third
parties, lists of, or information relating to, employees and consultants of the Company
(including, but not limited to, the names, contact information, jobs, compensation, and expertise
of such employees and consultants), lists of, or information relating to, suppliers and customers
(including, but not limited to, customers of the Company on whom Employee called or with
whom Employee became acquainted during the Relationship, price lists, pricing methodologies, cost data, market share data, marketing plans, licenses, contract information, business plans,
financial forecasts, historical financial data, budgets or other business information disclosed to
Employee by the Company either directly or indirectly, whether in writing, electronically, orally,
or by observation.5. Third Party Information. Agreements of Employee in this Section 5 are intended to be
for the benefit of the Company and any third party that has entrusted information or physical
material to the Company in confidence. Employee further agrees that, during the term of the
Relationship and thereafter, he will not improperly use or disclose to the Company any
confidential, proprietary or secret information of former employees or any other person, and
Employee agrees not to bring any such information onto the Company’s property or place of
business.6.Other Rights. This Agreement is intended to supplement, and not to supersede, any
rights the Company may have in law or equity with respect to the protection of trade secrets or
confidential or proprietary information.7. Inventions Retained and Licensed. A.Attached hereto, as Exhibit A is a complete list describing with particularity all
Inventions (as defined below) that, as of the Effective Date: Employee made, and/or (ii) belong solely to Employee or belong to Employee jointly with others or in which
Employee has an interest, and that relate in any way to any of the Company’s actual or
proposed businesses, products, services, or research and development, and which are not
assigned to the Company hereunder; or, if no such list is attached, Employee represents
that there are no such Inventions at the time of signing this Agreement, and to the extent
such Inventions do exist and are not listed on Exhibit A, Employee hereby forever
Confidential Information and Invention AssignmentPage 3 of 9waives any and all rights or claims of ownership to such Inventions. Employee
understands that his listing of any Inventions on Exhibit A does not constitute an
acknowledgement by the Company of the existence or extent of such Inventions, nor of
his ownership of such Inventions. Employee further understands that he must receive the
formal approval of the Company before commencing his Relationship with the Company.B. Use or Incorporation of Inventions. If in the course of the Relationship,
Employee uses or incorporates into a product, service, process or machine any Invention
not covered by Section 7(d) of this Agreement in which Employee has an interest,
Employee will promptly so inform the Company in writing. Whether or not Employee
gives such notice, he hereby irrevocably grants to the Company a nonexclusive, fully
paid-up, royalty-free, assumable, perpetual, worldwide license, with right to transfer and
to sublicense, to practice and exploit such Invention and to make, have made, copy,
modify, make derivative works of, use, sell, import, and otherwise distribute such Invention under all applicable intellectual property laws without restriction of any kind.C. Inventions. Employee understands that Inventions mean discoveries,
developments, concepts, designs, ideas, know how, improvements, inventions, trade
secrets and/or original works of authorship, whether or not patentable, copyrightable or
otherwise legally protectable. Employee understands this includes, but is not limited to,
any new product, machine, article of manufacture, biological material, method,
procedure, process, technique, use, equipment, device, apparatus, system, compound,
formulation, composition of matter, design or configuration of any kind, or any
improvement thereon. Employee understands that “Company Inventions” means any
and all Inventions that Employee may solely or jointly author, discover, develop,
conceive, or reduce to practice during the period of the Relationship, except as otherwise
provided in Section 7(g) below.D.Assignment of Company Inventions. Employee agree that Employee will
promptly make full written disclosure to the Company, will hold in trust for the sole right
and benefit of the Company, and hereby assign to the Company, or its designee, all of
Employee’s right, title and interest throughout the world in and to any and all Company
Inventions and all patent, copyright, trademark, trade secret and other intellectual
property rights therein. Employee hereby waive and irrevocably quitclaim to the
Company or its designee any and all claims, of any nature whatsoever, that Employee
now have or may hereafter have for infringement of any and all Company Inventions.
Employee further acknowledge that all Company Inventions that are made by Employee
(solely or jointly with others) within the scope of and during the period of the
Relationship are “works made for hire” (to the greatest extent permitted by applicable
law) and are compensated by Employee’s salary. Any assignment of Company
Inventions includes all rights of attribution, paternity, integrity, modification, disclosure
and withdrawal, and any other rights throughout the world that may be known as or
referred to as “moral rights,” “artist’s rights,” “droit moral,” or the like (collectively,
Moral Rights). To the extent that Moral Rights cannot be assigned under applicable law,
Employee hereby waive and agree not to enforce any and all Moral Rights, including,
without limitation, any limitation on subsequent modification, to the extent permitted
under applicable law.
Confidential Information and Invention AssignmentPage 4 of 9E.Maintenance of Records. Employee agrees to keep and maintain adequate and
current written records of all Company Inventions made or conceived by Employee
(solely or jointly with others) during the term of the Relationship. The records may be in
the form of notes, sketches, drawings, flow charts, electronic data or recordings,
laboratory notebooks, or any other format. The records will be available to and remain
the sole property of the Company at all times. Employees agrees not to remove such
records from the Company’s place of business except as expressly permitted by Company
policy which may, from time to time, be revised at the sole election of the Company for
the purpose of furthering the Company’s business. Employee is to deliver all such
records (including any copies thereof) to the Company at the time of termination of the
Relationship as provided for in Section 5 and Section 6.F. Patent and Copyright Rights. Employee agree to assist the Company, or its
designee, at its expense, in every proper way to secure the Company’s, or its
designee’s, rights in the Company Inventions and any copyrights, patents, trademarks,
mask work rights, Moral Rights, or other intellectual property rights relating thereto in
any and all countries, including the disclosure to the Company or its designee of all
pertinent information and data with respect thereto, the execution of all applications,
specifications, oaths, assignments, recordations, and all other instruments which the
Company or its designee shall deem necessary in order to apply for, obtain, maintain and
transfer such rights, or if not transferable, waive and agree never to assert such rights, and
in order to assign and convey to the Company or its designee, and any successors, assigns
and nominees the sole and exclusive right, title and interest in and to such Company
Inventions, and any copyrights, patents, mask work rights or other intellectual property
rights relating thereto. Employee further agrees that his obligation to execute or cause to
be executed, when it is in Employee’s my power to do so, any such instrument or papers
shall continue during and at all times after the end of the Relationship and until the
expiration of the last such intellectual property right to expire in any country of the
world. Employee hereby irrevocably designates and appoints the Company and its duly
authorized officers and agents as his agent and attorney-in-fact, to act for and in my
behalf and stead to execute and file any such instruments and papers and to do all other
lawfully permitted acts to further the application for, prosecution, issuance, maintenance or transfer of letters patent, copyright, mask work and other registrations related to such
Company Inventions. This power of attorney is coupled with an interest and shall not be
affected by my subsequent incapacity.G.Exception to Assignments. Subject to the requirements of applicable state law,
if any, Employee understand that the Company Inventions will not include, and the
provisions of this Agreement requiring assignment of inventions to the Company do not
apply to, any invention which qualifies fully for exclusion under the provisions of
applicable state law, if any, attached hereto as Exhibit B. In order to assist in the
determination of which inventions qualify for such exclusion, Employee will advise the
Company promptly in writing, during and for a period of twelve (12) months
immediately following the termination of the Relationship, of all Inventions solely or
jointly conceived or developed or reduced to practice by during the period of the Relationship.
Confidential Information and Invention AssignmentPage 5 of 9H.Company Property; Returning Company Documents. Employee
acknowledges and agrees that Employee has no expectation of privacy with respect to the
Company’s telecommunications, networking or information processing systems
(including, without limitation, files, e-mail messages, and voice messages) and that my
activity and any files or messages on or using any of those systems may be monitored or
reviewed at any time without notice. Employee further agree that any property situated
on the Company’s premises and owned by the Company, including disks and other
storage media, filing cabinets or other work areas, is subject to inspection by Company
personnel at any time with or without notice. Employee agrees that, at the time of
termination of the Relationship, Employee will deliver to the Company (and will not keep
in my possession, recreate or deliver to anyone else) any and all devices, records, data,
notes, reports, proposals, lists, correspondence, specifications, drawings, blueprints,
sketches, laboratory notebooks, materials, flow charts, equipment, other documents or
property, or reproductions of any of the aforementioned items developed by Employee
pursuant to the Relationship or otherwise belonging to the Company, its successors or
assigns.6.Termination Certification. In the event of the termination of the Relationship,
Employee agrees to sign and deliver the “Termination Certification” attached hereto
as Exhibit C; however, Employee’s failure to sign and deliver the Termination Certification
shall in no way diminish my continuing obligations under this Agreement.7. Notice to Third Parties. Employee agree that during the periods of time during
which Employee is restricted in taking certain actions by the terms of Section 8 of this
Agreement (the “Restriction Period”), Employee shall inform any entity or person with whom Employee may seek to enter into a business relationship (whether as an owner, employee,
independent contractor or otherwise) of my contractual obligations under this
Agreement. Employee also understand and agree that the Company may, with or without prior
notice to Employee and during or after the term of the Relationship, notify third parties of my
Agreements and obligations under this Agreement. Employee further agree that, upon written
request by the Company, Employee will respond to the Company in writing regarding the status
of my employment or proposed employment with any party during the Restriction Period.8. Solicitation of Employees, Consultants and Other Parties. As described above, Employee acknowledges and agrees that the Company’s Confidential Information includes
information relating to the Company’s employees, consultants, customers and others, and that
Employee will not use or disclose such Confidential Information except as authorized by the
Company. Employee further agrees as follows:A.Employees, Consultants. Employee agree that during the term of the
Relationship, and for a period of twelve (12) months immediately following the
termination of the Relationship for any reason, whether with or without cause, Employee
shall not, directly or indirectly, solicit, induce, recruit or encourage any of the Company’s
employees or consultants to terminate their relationship with the Company, or attempt to
solicit, induce, recruit, encourage or take away employees or consultants of the Company,
either for myself or for any other person or entity.
Confidential Information and Invention AssignmentPage 6 of 9B.Other Parties. Employee agrees that during the term of the Relationship,
Employee will not negatively influence any of the Company’s clients, licensors, licensees
or customers from purchasing Company products or services or solicit or influence or
attempt to influence any client, licensor, licensee, customer or other person either directly
or indirectly, to direct any purchase of products and/or services to any person, firm,
corporation, institution or other entity in competition with the business of the Company.9. At-Will Relationship. Employee understands and acknowledges that, except as
may be otherwise explicitly provided in a separate written agreement between the Company and
Employee, Employee’s Relationship with the Company is and shall continue to be at-will, as
defined under applicable law, meaning that either Employee or the Company may terminate the
Relationship at any time for any reason or no reason, without further obligation or liability, other
than those provisions of this Agreement that explicitly continue in effect after the termination of
the Relationship.10. Representations and Covenants.A. Facilitation of Agreement. Employee agrees to execute promptly, both during
and after the end of the Relationship, any proper oath, and to verify any proper document,
required to carry out the terms of this Agreement, upon the Company’s written request to
do so.B.No Conflicts. Employee represents that his performance of all the terms of this
Agreement does not and will not breach any agreement Employee has entered into, or will enter into, with any third party, including without limitation any agreement to keep
in confidence proprietary information or materials acquired by Employee in confidence
or in trust prior to or during the Relationship. Employee will not disclose to the
Company or use any inventions, confidential or non-public proprietary information or
material belonging to any previous client, employer or any other party. Employee will
not induce the Company to use any inventions, confidential or non-public proprietary
information, or material belonging to any previous client, employer or any other party.
Employee acknowledges and agrees that Employee has listed on Exhibit A, all
Agreements (e.g. non-competition Agreements, non-solicitation of customers
Agreements, non-solicitation of employees Agreements, confidentiality Agreements,
inventions Agreements, etc.), if any, with a current or former client, employer, or any
other person or entity, that may restrict my ability to accept employment with the
Company or Employee’s ability to recruit or engage customers or service providers on
behalf of the Company, or otherwise relate to or restrict Employee’s ability to perform
my duties for the Company or any obligation Employee may have to the Company.
Employee agrees not to enter into any written or oral agreement that conflicts with the
provisions of this Agreement.C.Voluntary Execution. Employee certifies and acknowledges that Employee has
carefully read all of the provisions of this Agreement, that Employee understands and has
voluntarily accepted such provisions, and that Employee will fully and faithfully comply
with such provisions.
Confidential Information and Invention AssignmentPage 7 of 911. Electronic Delivery. Nothing herein is intended to imply a right to participate in any of
the Company’s equity incentive plans, however, if Employee does participate in such plan(s), the
Company may, in its sole discretion, decide to deliver any documents related to Employee’s
participation in the Company’s equity incentive plan(s) by electronic means or to request my
consent to participate in such plan(s) by electronic means. Employee hereby consents to receive
such documents by electronic delivery and agree, if applicable, to participate in such plan(s)
through an on-line or electronic system established and maintained by the Company or a third
party designated by the Company.12. Miscellaneous.A.Governing Law. The validity, interpretation, construction and performance of
this Agreement, and all acts and transactions pursuant hereto and the rights and
obligations of the parties hereto shall be governed, construed and interpreted in
accordance with the laws of the state of (Name of State) without giving effect to the principles of conflict of laws.B.Entire Agreement. This Agreement sets forth the entire Agreement and
understanding between the Company and Employee relating to its subject matter and
merges all prior discussions between us. No amendment to this Agreement will be
effective unless in writing signed by both parties to this Agreement. The Company shall
not be deemed hereby to have waived any rights or remedies it may have in law or equity,
nor to have given any authorizations or waived any of its rights under this Agreement,
unless, and only to the extent, it does so by a specific writing signed by a duly authorized
officer of the Company, it being understood that, even if Employee, an officer of the
Company, Employee will not have authority to give any such authorizations or waivers
for the Company under this Agreement without specific approval by the Board of Directors. Any subsequent change or changes in my duties, obligations, rights or
compensation will not affect the validity or scope of this Agreement.C.Remedies. Employee acknowledges and agrees that violation of this Agreement
by Employee may cause the Company irreparable harm, and therefore Employee agrees
that the Company will be entitled to seek extraordinary relief in court, including, but not
limited to, temporary restraining orders, preliminary injunctions and permanent
injunctions without the necessity of posting a bond or other security (or, where such a bond or security is required, Employee agree that a $ bond will be
adequate), in addition to and without prejudice to any other rights or remedies that the
Company may have for a breach of this Agreement.
D.Advice of Counsel. EMPLOYEE ACKNOWLEDGES THAT, IN
EXECUTING THIS AGREEMENT, EMPLOYEES HAS HAD THE
OPPORTUNITY TO SEEK THE ADVICE OF INDEPENDENT LEGAL
COUNSEL, AND EMPLOYEE HAS READ AND UNDERSTOOD ALL OF THE
TERMS AND PROVISIONS OF THIS AGREEMENT. THIS AGREEMENT
SHALL NOT BE CONSTRUED AGAINST ANY PARTY BY REASON OF THE
DRAFTING OR PREPARATION HEREOF.
Confidential Information and Invention AssignmentPage 8 of 9Witness our signatures this the day of , 20 .Acme, Inc.By: (Signature of Officer) (Signature of Employee) (Print or Type Name) (Print or Type Name) (Office in Corporation)
Confidential Information and Invention AssignmentPage 9 of 9 Exhibit A LIST OF PRIOR INVENTIONS AND ORIGINAL WORKS OF AUTHORSHIP EXCLUDED UNDER SECTION 4-A AND CONFLICTING AGREEMENTS DISCLOSED UNDER SECTION 10(b),The following is a list of Employee’s Inventions that, as of the Effective Date: (i.)Employee made, and/or ( ii.) belong solely to Employee or belong to Employee
jointly with others or in which Employee has an interest, and that relate in any way to any
of the Company’s actual or proposed businesses, products, services, or research and
development, and which are not assigned to the Company and (iii) all Agreements, if any,
with a current or former client, employer, or any other person or entity, that may restrict
Employee’s ability to accept employment with the Company or his ability to recruit or
engage customers or service providers on behalf of the Company, or otherwise relate to
or restrict the ability of Employee to perform his duties for the Company or any
obligation Employee may have to the Company:
Title Date
Identifying Number or Brief Description