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Invention Assignment Agreement Template for Nigeria

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Key Requirements PROMPT example:

Invention Assignment Agreement

"I need an Invention Assignment Agreement under Nigerian law for our tech startup, covering a team of three software engineers who will be joining in March 2025 and working on our AI platform, with provisions for joint inventorship and revenue sharing."

Document background
An Invention Assignment Agreement is a crucial legal document used in Nigeria when there's a need to transfer ownership rights of inventions from inventors to their employers or other entities. This document is particularly important in employment relationships, research partnerships, and technology development scenarios where intellectual property creation is expected. The agreement must comply with Nigerian Patents and Designs Act and related legislation, ensuring proper protection for both parties while facilitating innovation and technological development. It's commonly used when hiring technical employees, engaging research contractors, or establishing research partnerships, providing a clear framework for invention ownership and related obligations.
Suggested Sections

1. Parties: Identification of the assignor (inventor) and assignee (typically employer or company), including full legal names and addresses

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

3. Definitions: Key terms including 'Invention', 'Intellectual Property Rights', 'Effective Date', and other relevant terminology

4. Scope of Assignment: Detailed description of what types of inventions are covered, including future inventions and improvements

5. Assignment and Transfer: Legal language effecting the transfer of rights from assignor to assignee

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

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

8. Assistance and Cooperation: Inventor's obligations to assist with patent applications and enforcement

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

10. Term and Termination: Duration of ongoing obligations and circumstances for termination

11. Governing Law and Jurisdiction: Specification of Nigerian law and jurisdiction for disputes

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

Optional Sections

1. Pre-existing Inventions: Used when inventor needs to exclude certain prior inventions from the assignment

2. Multiple Inventors: Required when multiple inventors are involved, detailing joint obligations and rights

3. International Rights: Included when invention may have international patent potential

4. Non-Competition: Added when additional restrictions on inventor's future activities are needed

5. Revenue Sharing: Used when inventor will receive ongoing royalties or profit share

6. Academic Rights: Included for academic inventors to retain rights for research and teaching

7. Shop Rights: When employer needs limited rights to use inventions without full ownership

Suggested Schedules

1. Schedule A - Existing Inventions: Detailed list of any pre-existing inventions excluded from the assignment

2. Schedule B - Technical Description: Detailed technical specifications and descriptions of assigned inventions

3. Schedule C - Existing Patents: List of any existing patents or patent applications covered by the agreement

4. Schedule D - Payment Terms: Detailed structure of any payments, royalties, or other financial considerations

5. Schedule E - Assignment Forms: Pro forma assignment documents for specific jurisdictions or patent offices

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

Software Development

Medical Devices

Telecommunications

Energy

Agriculture

Research and Development

Education

Defense

Automotive

Relevant Teams

Legal

Research and Development

Engineering

Product Development

Innovation

Intellectual Property

Scientific Operations

Technology

Patent Operations

Human Resources

Corporate Development

Relevant Roles

Research Scientist

Software Engineer

Product Developer

R&D Manager

Chief Technology Officer

Patent Attorney

Intellectual Property Counsel

Innovation Director

Laboratory Technician

Engineering Manager

Technical Consultant

Research Professor

Industrial Designer

Biotechnology Researcher

Principal Investigator

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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