Henrico, VA asked in Patents (Intellectual Property) for Virginia

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?

1 Lawyer Answer
Carl Massey Jr
Carl Massey Jr
  • Patents Lawyer
  • Lewisville, NC

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.

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