Q: I am the primary on 19 patents at my company. what are the ramifications for me?
company employment states whatever is developed while employed belongs to the company. if they are going to sin off these patents/ideas or sell them as equity when selling the company, can there be anything in it for me?
A: Based on what you have stated, it isn't likely that you have a legal right to any compensation. You begin your question by noting that "company employment states whatever is developed while employed belongs to the company...." This aspect of an employment agreement, coupled with most state laws on the topic, likely means that all ownership resides with the company and not with you as an individual. A complete review of your employment agreement might be advisable.
Justia Ask a Lawyer is a forum for consumers to get answers to basic legal questions. Any information sent through Justia Ask a Lawyer is not secure and is done so on a non-confidential basis only.
The use of this website to ask questions or receive answers does not create an attorney–client relationship between you and Justia, or between you and any attorney who receives your information or responds to your questions, nor is it intended to create such a relationship. Additionally, no responses on this forum constitute legal advice, which must be tailored to the specific circumstances of each case. You should not act upon information provided in Justia Ask a Lawyer without seeking professional counsel from an attorney admitted or authorized to practice in your jurisdiction. Justia assumes no responsibility to any person who relies on information contained on or received through this site and disclaims all liability in respect to such information.
Justia cannot guarantee that the information on this website (including any legal information provided by an attorney through this service) is accurate, complete, or up-to-date. While we intend to make every attempt to keep the information on this site current, the owners of and contributors to this site make no claims, promises or guarantees about the accuracy, completeness or adequacy of the information contained in or linked to from this site.