Proprietary Information and Inventions Agreement (PIIA)

This article describes the PIIA document and how you can access it on Savvi.

Signatures Required:

Employee

Purpose:

A Proprietary Information and Investors Agreement (PIIA) covers two main property rights; intellectual property and confidentiality.  A PIIA traditionally includes, among other items, the following:

1. An agreement that anything created or developed by the Employee for the Employer, is owned by the Company, and
2. Obligations of confidentiality for any Company confidential (proprietary) information.

This document will also often include "non-solicitation" provisions to prevent the employee from soliciting company customers and other employees from leaving the company for a period of time after leaving the company. 

This document may also include a non-competition provision, to restrict competitive activities after the employee leaves the company, though this may also be included in a stand-alone document.

To view this Template, access one of the related Workflows and view it within the Savvi platform.

Savvi Technologies, Inc. is not an attorney or a law firm, and can only provide self-help services at your specific direction. Do not rely on any documents or information from Savvi without consulting an attorney. Savvi may partner with or refer clients to licensed attorneys, but such referral does not constitute an attorney-client relationship until the attorney is officially engaged by the client.