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Assignment Of Inventions Agreement

Assignment Of Inventions Agreement Template for Switzerland

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Key Requirements PROMPT example:

Assignment Of Inventions Agreement

"I need an Assignment of Inventions Agreement under Swiss law for our biotech startup to acquire all rights to a new enzyme purification process from an independent researcher, with an upfront payment of 50,000 CHF and ongoing royalties of 2% on commercial applications."

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Document background
The Assignment Of Inventions Agreement is a crucial document used in Switzerland when transferring ownership rights of inventions from one party to another. It's particularly relevant in employment relationships, research collaborations, or technology transfer scenarios. The agreement must comply with Swiss law requirements, including the Federal Act on Patents for Inventions and the Swiss Code of Obligations, especially regarding employee inventions and fair compensation. This document is essential for companies and institutions acquiring intellectual property rights, as it provides clear documentation of the transfer, helps prevent future disputes, and ensures proper protection of the assigned inventions. The agreement typically includes detailed descriptions of the inventions, terms of transfer, ongoing obligations of the parties, and any compensation arrangements.
Suggested Sections

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

2. Background: Context of the agreement, relationship between parties, and general purpose of the assignment

3. Definitions: Definitions of key terms including 'Inventions', 'Intellectual Property Rights', 'Confidential Information', and other relevant terms

4. Scope of Assignment: Detailed description of what is being assigned, including present and future inventions, improvements, and related rights

5. Assignment and Transfer: Legal language effecting the transfer of rights, including warranties of title and right to assign

6. Consideration: Details of payment or other consideration for the assignment, including any recurring payments or royalties

7. Assistance and Further Actions: Obligations of the Assignor to assist in patent applications, provide documentation, and execute additional documents

8. Representations and Warranties: Assignor's warranties regarding ownership, non-infringement, and ability to assign

9. Confidentiality: Obligations regarding confidential information related to the inventions

10. Term and Survival: Duration of the agreement and provisions that survive termination

11. Governing Law and Jurisdiction: Specification of Swiss law as governing law and jurisdiction for disputes

Optional Sections

1. Employee Rights and Obligations: Used when the Assignor is an employee, incorporating specific Swiss law requirements regarding employee inventions

2. Third Party Rights: Used when the invention may incorporate or depend on third-party intellectual property

3. Competition and Non-Compete: Used when additional restrictions on the Assignor's future activities are required

4. Publication Rights: Used in academic or research contexts where publication rights need to be addressed

5. Improvement Rights: Used when future improvements to the invention need to be addressed

6. Tax Provisions: Used when there are specific tax implications that need to be addressed

7. Export Control: Used when the invention is subject to export control regulations

Suggested Schedules

1. Schedule A - Detailed Description of Inventions: Technical description of each invention being assigned, including any patent applications or grants

2. Schedule B - Existing Third Party Rights: List of any existing licenses, encumbrances, or third-party rights affecting the inventions

3. Schedule C - Payment Terms: Detailed breakdown of consideration, payment schedules, and calculation methods if applicable

4. Schedule D - Required Documentation: List of documents needed to perfect the assignment in relevant jurisdictions

5. Appendix 1 - Technical Documentation: Technical drawings, specifications, and other supporting documentation

6. Appendix 2 - Patent Information: Details of any existing patent applications or grants related to the inventions

Authors

Alex Denne

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

alex.den.21@genieai.co
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Relevant Industries

Technology

Biotechnology

Pharmaceutical

Manufacturing

Research and Development

Electronics

Software Development

Chemical Industry

Medical Devices

Aerospace

Automotive

Academic Research

Clean Technology

Industrial Engineering

Relevant Teams

Legal

Research and Development

Intellectual Property

Human Resources

Innovation

Product Development

Engineering

Technology Transfer

Compliance

Patent Administration

Relevant Roles

Patent Attorney

Intellectual Property Counsel

Research Scientist

Innovation Manager

Technology Transfer Officer

R&D Director

Chief Technology Officer

Legal Counsel

HR Director

Compliance Officer

Research Engineer

Product Development Manager

Laboratory Director

Industrial Designer

Technical Project Manager

IP Portfolio Manager

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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