Legal Question in Intellectual Property in New York
Personal software developed while employed
Hi. I am a software engineer currently employed full time by a financial company. My employment contract has the following statement: �Any invention, development or improvement made by you during the time you are employed by us which pertains to our business belongs to us and you agree to assign, and hereby do assign, to us any interest in these things that you may acquire from time to time. � While employed and on my own time I�ve developed a software product that has nothing to do with finance questions that I would like to publish. Do I need to be concerned? If so, does the problem �go away� if I leave my current employer? Thank you.
1 Answer from Attorneys
Re: Personal software developed while employed
It is an area of potential concern - these clauses are enforceable; and, no, it does not necessarily go away if you leave your current job. If you'd like to discuss the matter in more detail, please feel free to get in touch.