This is a great time of year to revisit your employee agreements and update them if necessary. Changes to employee agreements generally must be supported by consideration, and end of year bonuses, salary adjustments, and promotions provide consideration to allow the employer to amend the agreement with existing employees.
In reviewing your employee agreement, considering the following:
Confidentiality
□ No disclosure or use of CONFIDENTIAL INFORMATION
□ Return of Company property and CONFIDENTIAL INFORMATION upon
□ Authorize contact with subsequent employers
□ Access to Company Computers Systems and Data
Inventions
□ Prompt and full disclosure of (a) inventions and discoveries, (b) copyrightable works
□ Proper record keeping
□ Treatment of prior inventions
□ Agreement to assign coupled with current assignment
□ Authorization of company to file patent applications and execute documents if employee is unable or unwilling to do so.
□ Agreement to cooperate/assist
□ No challenge to Company IP
□ Proper record keeping
□ Treatment of prior inventions
□ Agreement to assign and current assignment
□ Agreement to cooperate/assist and execute additional documents
□ Authorization of company to file patent applications and execute documents if employee is unable or unwilling to do so.
□ No challenge to Company IP
□ Treatment of prior inventions
Employee Conduct
□ Non-solicitation
□ Non-compete
□ Non-disparagement
□ Representations and Warranties: (a) freedom to enter Agreement and fully perform; (b) no undisclosed conflicting obligations; (c) no breach of prior obligations; (d) no knowingly use third party IP
Standard Provisions
□ Not an employment agreement/employee at will
□ Not an employment agreement/employee at will
□ Severability
□ Non-Waiver
□ Breach by employer not a defense to or prerequisite to performance
□ Choice of laws
□ Choice of forum
□ Integration
□ Modification
□ Acknowledge read and understood agreement
□ Further acts and assurances
□ Successors and assigns
□ Remedies
□ Consent to injunctive relief
□ Adequate consideration
□ Voluntary execution
□ Opportunity to consult counsel
□ Counterparts□