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cphills | 7 years ago

Echoing what many have mentioned in this thread. Read your employment agreement for mentions of Intellectual Property, inventors clause, etc. I work full-time and I am launching a side business, but I have a licensing agreement in place with my employer that clearly states my ownership of my businesses IP in exchange for a free license of the product. There is a lot of grey area in employment agreements. Even if there isn't anything that is clearly stated (from your understanding) that would cause issues, it is up to debate in the court of law. The best plan of action is to speak with a lawyer. It took me six months and multiple revisions to my licensing agreement before it was signed, but I can now sleep better at night and launch my business!

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