Re:Founder of Facebook's Oculus hit with lawsuit
by bhouston on Sunday May 24, 2015 @08:41PM
(#9598141)
The issue likely isn't an NDA but rather IP assignment clauses in contracts. These types of IP assignment clauses are legal and mean that inventions and developments an employee or contract develops during the course of their engagement become property of their employer.
Most companies that deal with IP need to have such clauses in their agreements otherwise they could fail due diligence.
It would be surprising if the TRT-Luckey agreement didn't have IP assignment clauses.
Most companies that deal with IP need to have such clauses in their agreements otherwise they could fail due diligence.
It would be surprising if the TRT-Luckey agreement didn't have IP assignment clauses.