An inventions assignment agreement is a typical feature of an independent contractor or employee agreement where the worker agrees to assign any intellectual property rights arising from the worker’s services to the company.
Employees typically see these provisions in a Confidential Information and Invention Assignment Agreement (CIIAA) that is separate from their offer letter or employment agreement. Independent contractors typically see these provisions in their independent contractor agreement. Founders typically see these provisions in both an initial intellectual property assignment agreement entered into at the time their company is formed as well as in a CIIAA or independent contractor agreement entered into in connection with their ongoing service relationship.
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