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Invention Disclosure Agreement for Philippines

Invention Disclosure Agreement Template for Philippines

An Invention Disclosure Agreement governed by Philippine law is a crucial legal document that facilitates the protected sharing of novel inventions or technological innovations between parties. This agreement operates within the framework of the Philippine Intellectual Property Code (Republic Act No. 8293) and related legislation, ensuring proper protection of intellectual property rights while enabling necessary disclosure for evaluation or development purposes. The document establishes confidentiality obligations, defines the scope of permitted use, and protects the rights of inventors while allowing receiving parties to evaluate the technology for potential collaboration or acquisition.

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What is a Invention Disclosure Agreement?

The Invention Disclosure Agreement is essential in the Philippine innovation ecosystem where protection of intellectual property rights is governed by the Intellectual Property Code (RA 8293) and related legislation. This document is typically used when inventors or research institutions need to share detailed information about their innovations with potential partners, investors, or evaluating entities while maintaining legal protection. The agreement ensures confidential handling of sensitive technical information while enabling necessary disclosure for business purposes. It includes specific provisions for protecting the invention under Philippine law, defining permitted uses, and establishing clear obligations for all parties involved. The document is particularly crucial in the early stages of technology transfer, commercial negotiations, or research collaborations, where detailed technical information needs to be shared before formal patent applications or commercialization agreements are established.

What sections should be included in a Invention Disclosure Agreement?

1. Parties: Identification of the disclosing party (inventor/s) and receiving party, including complete legal names and addresses

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

3. Definitions: Detailed definitions of key terms including 'Invention', 'Confidential Information', 'Disclosure Period', 'Evaluation Period', and other relevant terms

4. Subject Matter of Disclosure: Detailed description of the invention or technology being disclosed, including its scope and nature

5. Confidentiality Obligations: Specific obligations regarding the protection and non-disclosure of the confidential information

6. Permitted Use: Specified purposes for which the receiving party may use the disclosed information

7. Ownership Rights: Clear statement of ownership rights in the invention and any improvements or modifications

8. Duration and Termination: Term of the agreement and conditions for termination

9. Return or Destruction of Information: Obligations regarding the handling of confidential information after termination

10. Governing Law and Jurisdiction: Specification of Philippine law as governing law and jurisdiction for dispute resolution

What sections are optional to include in a Invention Disclosure Agreement?

1. Multiple Inventors Provisions: Additional provisions when multiple inventors are involved, defining their respective rights and obligations

2. Academic Institution Provisions: Special provisions when the invention originated in an academic setting, including institutional rights

3. Government Rights: Provisions addressing government rights when research was funded by government agencies under RA 10055

4. Commercialization Rights: Provisions regarding future commercialization opportunities and right of first refusal

5. Employee Invention Provisions: Special provisions when the inventor is an employee of the receiving party

6. International Protection: Provisions for international patent protection if foreign patent filings are contemplated

What schedules should be included in a Invention Disclosure Agreement?

1. Technical Description Schedule: Detailed technical description of the invention, including drawings, specifications, and working examples

2. Inventor Information Schedule: Detailed information about the inventor(s), including their qualifications and roles

3. Prior Art Disclosure: List of known prior art and related technologies

4. Confidentiality Procedures: Specific procedures for handling and protecting confidential information

5. Authorized Representatives: List of authorized representatives from each party who may access the confidential information

6. Invention History: Documentation of the invention's development history and key dates

Authors

Alex Denne

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

Jurisdiction

Philippines

Publisher

Ƶ

Cost

Free to use
Relevant legal definitions



































Clauses




























Relevant Industries

Technology

Biotechnology

Pharmaceutical

Manufacturing

Engineering

Research and Development

Healthcare

Electronics

Chemical Industry

Academic Research

Defense Technology

Agricultural Technology

Clean Energy

Telecommunications

Relevant Teams

Research & Development

Legal

Intellectual Property

Innovation

Technology Transfer

Product Development

Patent Operations

Technical Documentation

Compliance

Corporate Strategy

Relevant Roles

Research Scientist

Chief Technology Officer

Patent Attorney

Intellectual Property Manager

R&D Director

Innovation Manager

Technology Transfer Officer

Legal Counsel

Research Director

Product Development Manager

Chief Innovation Officer

Technical Program Manager

VP of Research

IP Compliance Officer

Senior Researcher

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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