Set out the expectations on use and protection of confidential information, inventions and IP for employees.
An Employee Proprietary Information and Inventions Assignment Agreement (California) is a contract between your startup and an employee that outlines the expectations for both parties regarding the use and protection of confidential information, inventions and intellectual property (e.g. registered IP such as trademarks and patents, and unregistered IP such as copyrights, designs, concepts, know-how, websites, social media accounts and source code). The document is only meant to be used with employees providing their services in the State of California and is governed under California law.
Generate this document to keep your IP safe. In the future, an employee could claim that IP created while working for your startup belongs to them. This agreement protects against this scenario and outlines the obligation of the employee to protect the confidential information and inventions they create while employed. It also outlines their right to use and benefit from previous inventions (if any).
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Login into your account (or sign-up, if you don’t have one).
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Go to the Generate Documents tab, choose United States from the dropdown and select Employee Proprietary Information and Inventions Assignment Agreements (California).
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Complete each field in the form and select your various options.
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Once you generate the document, you can save it in draft, edit it, and when final, send it for signature through our built-in DocuSign integration.
Starting a company is hard enough, but managing legal processes shouldn’t be. With Clara’s dedicated accelerator onboarding solution, companies can get the support and infrastructure they need to efficiently and professionally complete their legal due diligence and finalize an investment.
Amal Dokhan General Partner MENA, 500 Global
Clara is a one-stop shop for everything equity related. All our data is safe and securely stored and accurately recorded. And our investors love having direct access. It has saved us countless hours and kept our cap table mistake free.
Jessica Anuna CEO & Founder, Klasha
We spend a lot of time educating founders on basic legal concepts: what they need to do for us to invest in them. Clara automates these functions. As Clara’s first institutional investor, we knew intuitively from inception, this company will be a game changer.
Vijay Tirathrai Managing Director, Techstars
You can’t beat Clara’s ESOP functionality. It allows us to grant options to our team in a few clicks while automatically updating our cap table. Truly next level.
Michael Hunter Co-Founder & CEO, Holo
Founders often struggle with managing their legal function due to lack of expertise and resources. And we’ve seen poor legal structures create hurdles to our investing in otherwise healthy startups. Investors like ourselves love that Clara gives founders the tools they need to establish, grow and scale their startups from day one on a best-practice basis.
Shane Shin Founding Partner, Shorooq
US cap table solutions aren’t tailored to the differentiated needs of international startups. Clara is the only cap table provider we found that had emerging market startups in mind. Add to that all the other things you can do on the Clara platform, from building your ESOP to data room management, and switching was a no brainer.
Omar Rifai Co-founder, GrubTech
From company formation to maintaining the cap-table, by using Clara founders can digitally form their companies in a range of jurisdictions, create and manage their cap-tables and generate legal documents. Clara is quickly becoming an integral part of the startup software stack.
Daniel Dos Reis Investment Director, Wamda Capital
Clara is a must-have for founders. Not only does it provide all the legal tools you need in a single platform, using Clara also signals to investors that you are a serious startup.
Mazen AlDarrab Founder & CGO, Zid
IP Assignments, what? I didn’t even know they existed before Clara. For startups, setting up governance, corporate structures, data rooms and fundraising are all hard to get right. Clara’s legalOS is premium. It pays for itself.
Zohare Haider Co-Founder & CEO, Jalebi
Binance uses Clara to incorporate and manage ADGM entities. The team at Clara are extremely efficient and go the extra mile to ensure we always have a smooth experience and meet our deadlines. Top-notch service!
Vishal Sacheendran Head of Strategy and Operations, Binance
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