Confidentiality Agreement
(with Inventions Assignment) (OR)

Summary

This template is a confidentiality agreement between a company and a prospective employee. This template includes practical guidance, drafting notes, and alternate clauses. This agreement contains confidential and proprietary information covenants and provisions commonly found in confidential information and non-disclosure agreements and invention assignment agreements. This template is intended for private employers. It does not differ from the non-jurisdictional Confidentiality Agreement (with Inventions Assignment), except that it contains practical guidance, drafting notes and alternate clauses that comply with, address issues under, both Oregon and federal law. The confidentiality agreement (also known as a non-disclosure agreement) contains an acknowledgment by the employee of the confidential nature of the company's proprietary information, including technical information (such as know-how, processes, and designs) and business information (such as business plans, financial data and supplier, and customer information). The employee is obligated, during and after the course of their employment, to keep this information confidential. The employee also agrees to assign to the company any inventions, and the accompanying intellectual property rights, that they develop during their employment. Inventions created prior to the employment are excluded from the scope of the assignment (which should set forth explicitly). See Exhibit . For a full listing of key content covering restrictive covenant considerations, see Restrictive Covenants Resource Kit. For more information on restrictive covenants in Oregon, see Restrictive Covenants (OR). For more information on confidentiality agreements, see Non-disclosure Agreements: Key Negotiation, Drafting, and Legal Issues (Pro-Employer), Confidentiality Agreements, and Social Media in Restrictive Covenants. For more information on inventions agreements, see Assignments of Inventions Checklist.