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Employee Innovation And Proprietary Information Agreement
"I need an Employee Innovation And Proprietary Information Agreement for a Singapore-based AI startup, specifically covering machine learning algorithms and datasets, to be used for our new team of data scientists starting in March 2025."
1. Parties: Identification of employer and employee with full legal names and addresses
2. Background: Context of employment relationshIP and purpose of agreement
3. Definitions: Definitions of key terms including Confidential Information, Intellectual Property, Inventions, and Works
4. Scope of Employment: DescrIPtion of employee's role, responsibilities, and relationshIP with employer
5. Assignment of Inventions: Terms governing ownershIP and transfer of innovations created during employment
6. Confidentiality Obligations: Requirements for maintaining confidentiality of company information and trade secrets
7. Intellectual Property Rights: OwnershIP and protection of IP created during employment, including works, inventions, and designs
8. Acknowledgment and Agreement: Employee's confirmation of understanding and acceptance of terms
1. Non-Competition: Restrictions on competing activities post-employment (only included for senior employees or those with access to sensitive information)
2. Non-Solicitation: Restrictions on soliciting employees or customers (for client-facing roles or management positions)
3. Return of Company Property: Obligations regarding return of company assets upon termination
4. Third Party Information: Provisions regarding handling of information belonging to third parties
5. Survival of Obligations: Specification of which obligations continue after employment ends
1. Schedule A - Prior Inventions: List of pre-existing inventions excluded from the agreement
2. Schedule B - Assigned IP: Specific intellectual property rights being assigned to employer
3. Schedule C - Confidential Information Categories: Detailed categorization of types of confidential information covered
4. Schedule D - Acknowledgment Form: Employee signature page confirming understanding and acceptance of obligations
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