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Employee Confidentiality and Invention Assignment Agreement

$75.00

A standalone Mediation and Arbitration Agreement designed to resolve disputes privately, efficiently, and with minimal disruption. Includes attorney-curated terms for good-faith mediation followed by binding arbitration (with an option for a California venue specific), prevailing party attorneys’ fees, and enforceability clauses.

A standalone Mediation and Arbitration Agreement designed to resolve disputes privately, efficiently, and with minimal disruption. Includes attorney-curated terms for good-faith mediation followed by binding arbitration (with an option for a California venue specific), prevailing party attorneys’ fees, and enforceability clauses.

Overview

This agreement is a critical legal document for startups and growing businesses that want to protect their intellectual property, confidential business information, and competitive edge. It ensures that anything created by an employee in the course of their work becomes company property — and that sensitive information stays protected both during and after employment.

Use this agreement when hiring employees who may develop products, write code, access customer lists, handle financial data, or contribute to proprietary processes.

Users will need to tailor this Agreement to the laws of the state where their LLC is organized.

What’s Included

  • Fully editable Word + PDF versions of the agreement

  • Coverage of:

    • Confidentiality obligations

    • Invention disclosure and assignment

    • Work-for-hire clauses

    • Return of company property

    • Post-employment obligations

    • Carve-outs for prior inventions (with attached schedule)

  • Attorney Notes to explain key provisions and how to customize them

  • Standalone IP Assignment section

  • Signature block and schedules for prior inventions

Who It’s For

  • Startups hiring technical employees or early team members

  • Employers in software, biotech, marketing, design, and services

  • Any business that wants to avoid future IP ownership disputes

Why It Matters

Without a clear, signed invention assignment agreement, companies risk losing rights to the very products, ideas, and processes their employees are hired to create. This agreement gives you peace of mind that your company owns what it pays employees to build — and that confidential information won’t walk out the door.

It’s also a best practice for diligence readiness if you ever plan to raise capital, license IP, or sell the business.

🧠 Founder Tip

California requires that employees be notified of their right to exclude inventions created on their own time, without using company resources. This agreement includes a compliant schedule and carve-out to help you stay on the right side of state law.