Area of Law:
The Confidentiality and Invention Agreement is for employers to give to employees. Its purpose is to get employees to disclose all of the inventions that they already own and to then ensure that any new inventions will go to their company. A significant aspect of this agreement is confidentiality. Without this agreement, employees may claim rights to their inventions even if they pertain to company business. Please note that after signing a Confidentiality and Invention Agreement, employees will still typically own their non-work related inventions.