Assignment of Invention to Employer Form

Assignment of Invention to Employer is a really important document when you’re hiring employees. It protects your company’s confidential information and it also ensures that the work that’s created by your employees is owned by the company rather than the employees themselves.

An inventions assignment agreement ensures that the work created by your employees is owned by the company rather than the employees themselves.
Your investors will want to know that the company actually owns the work created by employees and the employees don’t own the work individually. This is particularly true in the case of founders because founders often start working for the company before they enter into any agreements with the company.
When you hire a founder as an employee you want to ensure that they sign an inventions assignment agreement so that the work that they created before they became employees is actually owned by the company.
Investors will want to see that your company has inventions assignment agreements because this ensures that all the work created by your employees is actually owned by the company.
Under federal law and state law, it’s presumed that the work that an employee creates on your behalf is owned by the company rather than by the employee.
Under federal law, the work for hire doctrine states that the employer is the author of all work created by the employee.
Under California law it’s presumed that the employer owns all the work created by an employee during the course of their employment.
The only thing that an employee owns is the compensation that’s owed to him or her, but an inventions assignment agreement helps protect work that may not be covered under federal or state law. That means it provides a feel safe in the event that a federal or state law doesn’t protect the information that the employee creates for your company.
It also provides a tail so that if an employee learns important information about your company and then later leaves the company, you can protect information that is in the employee’s memory. that means that an employee can’t take the information learned about your company during his or her employment to cause detriment to your company or to create a competing company.