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Invention Assignment Agreement Template for Malaysia

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Key Requirements PROMPT example:

Invention Assignment Agreement

"I need an Invention Assignment Agreement for my Malaysian technology startup, covering all future inventions created by our software development team starting March 2025, with specific provisions for AI-related innovations and joint developments."

Document background
An Invention Assignment Agreement is a crucial legal document used in Malaysia when organizations need to secure ownership rights to inventions created by their employees, researchers, or contractors. This agreement is particularly important in research-intensive industries and technology companies where intellectual property protection is vital. The document complies with Malaysian Patents Act 1983 and related legislation, establishing clear ownership rights, transfer mechanisms, and obligations regarding inventions. It typically includes details about invention disclosure requirements, patent application processes, confidentiality obligations, and the scope of rights being transferred. This agreement is essential for protecting company investments in research and development while ensuring proper compensation and recognition for inventors.
Suggested Sections

1. Parties: Identifies and provides details of the assignor (inventor/employee) and assignee (typically employer/company)

2. Background: Establishes the context of the agreement, relationship between parties, and purpose of the assignment

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

4. Scope of Assignment: Defines what types of inventions are covered by the agreement, including future inventions

5. Assignment and Transfer: Core provisions detailing the legal transfer of rights from assignor to assignee

6. Disclosure Obligations: Requirements for inventor to disclose all relevant inventions to the company

7. Assistance and Cooperation: Inventor's obligations to assist with patent applications and related processes

8. Consideration: Details of any payment or consideration for the assignment

9. Representations and Warranties: Assignor's warranties regarding ownership, originality, and right to assign

10. Confidentiality: Obligations to maintain confidentiality of inventions and related information

11. Governing Law: Specifies Malaysian law as governing law and relevant jurisdiction

12. General Provisions: Standard clauses including notices, amendments, and severability

Optional Sections

1. Prior Inventions: Section excluding specific pre-existing inventions from the assignment, used when inventor has existing IP

2. Third Party Rights: Addresses situations involving third party rights or joint inventions

3. Non-Competition: Restrictions on competitive activities, used when needed to protect company interests

4. Academic and Publication Rights: Used for academic or research institutions to address publication rights

5. International Rights: Special provisions for international patent filings and protection

6. Royalty Provisions: Used when ongoing royalty payments are part of the arrangement

7. Shop Rights: Addresses employer's right to use inventions without ownership, used in specific employment contexts

Suggested Schedules

1. Schedule of Existing Inventions: List of prior inventions excluded from the assignment

2. Schedule of Assigned Patents: Specific list of patents or patent applications being assigned

3. Invention Disclosure Form: Template form for disclosing new inventions

4. Patent Assignment Form: Standard form for recording assignment with patent office

5. Compensation Schedule: Details of any payment structure or royalty calculations

6. Compliance Requirements: List of specific compliance requirements under Malaysian law

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





























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Relevant Industries

Technology

Biotechnology

Pharmaceutical

Manufacturing

Research & Development

Electronics

Software Development

Chemical Industry

Engineering Services

Medical Devices

Telecommunications

Automotive

Aerospace

Energy

Healthcare

Relevant Teams

Legal

Research and Development

Product Development

Innovation

Intellectual Property

Engineering

Scientific Operations

Technology Development

Design

Patent Operations

Laboratory Operations

Relevant Roles

Research Scientist

Software Engineer

Product Developer

R&D Manager

Chief Technology Officer

Patent Attorney

Innovation Manager

Laboratory Director

Design Engineer

Technical Lead

Research Director

Product Manager

Industrial Designer

Biotechnology Researcher

Chief Scientific Officer

Process Engineer

Development Engineer

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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