Document background
The Confidential Information And Invention Assignment Agreement is a crucial document used in Malaysia when establishing or maintaining employment or contractual relationships where access to sensitive information or creation of intellectual property is involved. It serves two primary purposes: protecting the organization's confidential information and ensuring clear ownership of any intellectual property created during the engagement. This agreement is particularly important in Malaysia's growing technology and innovation sectors, where intellectual property protection is governed by various statutes including the Patents Act 1983 and Copyright Act 1987. The document typically combines robust confidentiality provisions with comprehensive assignment mechanisms, ensuring compliance with Malaysian employment law while protecting the organization's valuable intellectual assets. It's commonly used during employee onboarding, contractor engagement, or when updating existing employment terms to strengthen IP protection.
