PandaTip: If the employee invented, designed or created something of intellectual value prior to employment, they should list it in Appendix A. 2. Definition of intellectual property. 6. Insurance and Alliances. This last point is an important point in the setting of a software developer. The developer is exclusively responsible for the creation of a work product, namely software or an application. If the developer finishes the project and then leaves your company, intellectual property rights are on your side. An invention assignment agreement gives a new entity the relevant intellectual property created by employees after the company was established. The agreement typically includes the founder(s) and employee(s) who are signatories to a confidentiality agreement and an invention assignment agreement. An intellectual property transfer agreement gives investors the certainty that the founders have legally transferred to the company the intellectual property necessary for management. Intellectual property is a creative invention that can be protected by law.
It is an intangible property that confers on the author the exclusive and exclusive rights of the immovable property, unless it is authorized or assigned. Suffice it to say that intellectual property, like any other property, can be granted, sold or assigned to another party for valuable consideration.. . . .