Employee Confidentiality and Proprietary Rights Agreement

Protect your company's proprietary data and intellectual property with this Employee Confidentiality and Proprietary Rights Agreement.

• This form of Agreement is often used by companies involved in research and development.
• The employee agrees to keep all of the employer's confidential and proprietary information confidential.
• Any inventions, discoveries, improvements or products developed by the employee during the performance of his/he duties are the property of the employer, and the employee assigns all right and interest in such inventions to the employer.
• The employee agrees to indemnify the employer against all claims or damages arising out of a breach or misrepresentation by the employee.
• If the employee breaches the Agreement, the employer's remedies against the employee shall include injunctive relief.
• The employee covenants not to compete with the business of the employer, and not to hire or solicit any of the employer's staff during the course of employment and for an agreed period of time afterwards.

A recent survey revealed that 51% of employees have stolen or would steal business information from an employer. That's why your business needs this Employee Confidentiality Agreement and Proprietary Rights Assignment. Download the form today.