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Assignment Of Invention Agreement Template for Switzerland

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Key Requirements PROMPT example:

Assignment Of Invention Agreement

"Need an Assignment of Invention Agreement for transferring rights to a new medical device prototype from our senior research scientist to our Swiss pharmaceutical company, with provisions for ongoing technical support during the patent application process and implementation by March 2025."

Document background
The Assignment Of Invention Agreement is essential in Swiss business and research environments where the transfer of invention rights needs to be formally documented and legally secured. This document is typically used when an inventor or group of inventors needs to transfer their rights to an invention to another party, such as when employees assign inventions to their employer, when universities transfer rights to commercial partners, or in M&A transactions involving intellectual property. Under Swiss law, particular attention must be paid to employee rights and fair compensation for inventions. The agreement must comply with the Swiss Federal Act on Patents for Inventions and related legislation, ensuring all aspects of the invention transfer are properly addressed, from initial assignment to future patent prosecution responsibilities.
Suggested Sections

1. Parties: Identification of the Assignor (inventor) and Assignee, including full legal names and addresses

2. Background: Context of the invention and the relationship between the parties

3. Definitions: Key terms including 'Invention', 'Intellectual Property Rights', 'Documentation', and other relevant definitions

4. Assignment: Core provision transferring all rights, title, and interest in the invention from Assignor to Assignee

5. Consideration: Details of payment or other consideration for the assignment

6. Representations and Warranties: Assignor's confirmations regarding ownership, right to assign, and non-infringement

7. Further Assurances: Obligation to execute additional documents and assist with IP registration

8. Confidentiality: Obligations regarding confidential information related to the invention

9. Taxes and Costs: Responsibility for taxes, registration fees, and other costs

10. General Provisions: Standard clauses including governing law, jurisdiction, entire agreement, and amendments

Optional Sections

1. Employee Rights Waiver: Required when the inventor is/was an employee, addressing specific Swiss employment law requirements

2. Future Improvements: Optional section dealing with rights to future improvements or modifications to the invention

3. Patent Prosecution: Detailed provisions regarding patent application and maintenance responsibilities

4. Know-How Transfer: Provisions for transferring technical knowledge and training if required

5. Non-Competition: Restrictions on Assignor's future activities (subject to Swiss law limitations)

6. Moral Rights: Specific provisions addressing inventor's moral rights under Swiss law

7. Third Party Rights: Provisions addressing any existing licenses or third-party rights

Suggested Schedules

1. Schedule 1 - Invention Description: Detailed technical description of the invention including drawings and specifications

2. Schedule 2 - Existing Patents/Applications: List of any existing patent applications or granted patents related to the invention

3. Schedule 3 - Assignment Consideration: Detailed breakdown of payment terms and schedule if complex

4. Schedule 4 - Related Documentation: List of all technical documentation, manuals, and other materials being transferred

5. Schedule 5 - Prior Rights: Description of any pre-existing rights or licenses that affect the invention

Authors

Alex Denne

Head of Growth (Open Source Law) @ ¶¶Òõ¶ÌÊÓÆµ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions























Clauses



























Relevant Industries

Technology

Pharmaceuticals

Biotechnology

Manufacturing

Engineering

Chemical Industry

Medical Devices

Software Development

Electronics

Telecommunications

Automotive

Aerospace

Research and Development

Clean Technology

Industrial Automation

Relevant Teams

Legal

Research and Development

Intellectual Property

Technology Transfer

Innovation

Product Development

Patent Operations

Corporate Development

Technical Operations

Scientific Affairs

Relevant Roles

Patent Attorney

Intellectual Property Counsel

Research Scientist

Innovation Manager

Technical Director

Chief Technology Officer

R&D Manager

Legal Counsel

Technology Transfer Manager

Intellectual Property Manager

Research Director

Product Development Manager

Innovation Officer

Patent Engineer

Corporate Counsel

Industries






Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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