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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."
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
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
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
Technology
Pharmaceuticals
Biotechnology
Manufacturing
Engineering
Chemical Industry
Software Development
Medical Devices
Telecommunications
Energy
Agriculture
Research and Development
Education
Defense
Automotive
Legal
Research and Development
Engineering
Product Development
Innovation
Intellectual Property
Scientific Operations
Technology
Patent Operations
Human Resources
Corporate Development
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
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