Document background
The Confidentiality and Invention Assignment Agreement is essential for organizations operating in Austria who need to protect their confidential information while ensuring clear ownership of intellectual property created during employment or engagement relationships. This document is typically used when onboarding new employees or contractors, particularly in technical, creative, or innovative roles. It addresses two critical aspects: first, the protection of confidential information and trade secrets under Austrian law, including compliance with the Austrian Trade Secrets Act; and second, the assignment of rights to inventions and other intellectual property created during the relationship, in accordance with Austrian Patent Act and Copyright Act provisions. The agreement is particularly important in sectors involving research, development, or creative work, and should be customized based on the specific role and industry while ensuring compliance with Austrian employment law and GDPR requirements.
