What's a CIIAA
NBA 6890
Startup Legal Issues - Early Stage Financing and VC TermsMaterial Details
DescriptionConfidential Information and Inventions Assignment Agreements (CIIAAs), also known as Proprietary Information and Inventions Assignment Agreements (PIIAAs), ensure that intellectual property and other proprietary rights created by employees during their employment are assigned to the employer. These agreements typically include nondisclosure, nonsolicitation, and sometimes noncompetition clauses, although noncompetition clauses are not enforceable in some states like California. CIIAAs also carve out inventions or intellectual property created by the employee prior to their employment. Properly drafted CIIAAs help secure the company's IP and prevent disputes over ownership.PublisherCooley GoPublished2015
Additional Information
ProtagonistNo