Confidentiality Agreement
(with Inventions Assignment) (TX)

This template is a Confidentiality Agreement (with Inventions Assignment) (TX) between a company and an employee to be hired by the company that contains confidential and proprietary information covenants and provisions commonly found in confidential information and non-disclosure agreements and invention assignment agreements (also known as invention agreements or inventions agreements, or inventions assignment agreements). It contains practical guidance, drafting notes, and alternate clauses. This template is intended for private employers. Its language has been customized to comply with Texas and federal law. As a result, the text of this template differs from the non-jurisdictional Confidentiality Agreement (with Inventions Assignment). 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 his or her employment, to keep this information confidential. The employee also agrees to assign to the company any inventions, and the accompanying intellectual property rights, that he or she develops during the employment. Excluded from the scope of the assignment are inventions created prior to the employment (which you should set forth explicitly – see Exhibit of the template). For a full listing of key content covering restrictive covenant considerations, see Restrictive Covenants Resource Kit. For information on Texas laws concerning confidentiality agreements, see Restrictive Covenants (TX). For more information on confidentiality agreements generally, 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 generally, see Assignments of Inventions Checklist.