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LSDefine

Simple English definitions for legal terms

trailer clause

Read a random definition: memorandum of association

A quick definition of trailer clause:

A trailer clause is a promise made by an employee to give their employer the rights to any inventions they create while working for the company and for a certain amount of time after they leave. This promise is only valid if the time limit is reasonable. Another name for this clause is a holdover clause.

A more thorough explanation:

A trailer clause is a promise made by an employee to give their employer the rights to any inventions they create while working for the company, and for a certain amount of time after they leave. This is also known as a holdover clause. The time limit must be reasonable for the clause to be enforceable.

For example, if a software developer creates a new program while working for a company, the trailer clause would give the company the rights to that program. Even if the developer leaves the company, the company would still own the rights to the program for a certain amount of time.

Another example would be a scientist who works for a pharmaceutical company. If they discover a new drug while working for the company, the trailer clause would give the company the rights to that drug. Even if the scientist leaves the company, the company would still own the rights to the drug for a certain amount of time.

These examples illustrate how a trailer clause can protect a company's intellectual property and ensure that they have the rights to any inventions created by their employees while working for the company.

traffic regulation | traitor

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Dkk
19:42
SEO is big money
2016 pushed the conservative party into populism irreversibly
Dkk
19:43
Maybe, but if this is populism, then every election is populist.
19:43
@Dkk: yeah register 1 website and every swinging tom dick and harry calls/emails/texts to 'help with seo'. like bruh, if YOU found it, what i am doing is working
Dkk
19:43
Indeed!
19:48
wasp, i think people are hopeful for a gov who at least attempts to care about the common man
MIAMI A
[] AromaticTroubledDormouse
20:55
How does one know if they are UR1 or UR2?
[] AromaticTroubledDormouse
20:56
CONGRATS MACAQUE!
TY
got a random stanford email and almost had a heart attack
ALSO CONGRATS!
Congrats1!
21:15
Miami A, yall I'm so excited I could cry.
21:15
Feel like I can finally stop holding my breath!! Whew!!!
[] baddestbunny
22:16
every time I get accosted by a strange man who follows me around because my male coworkers were too busy talking to walk me back to my car I get closer to saying we need to bring back traditional gender roles
Dkk
22:32
Nice! @Macaque
Dkk
22:32
@Aromatic, Have to guess.
Dkk
22:33
That sucks @Bunny do you have to go to the hospital?
[] baddestbunny
22:40
I said accosted not assaulted
23:35
guys. my notre dame address just went long is this good or bad
1a2b3c4d26z
23:37
Oooooo me too
23:37
omg is this good or bad
Dkk
23:47
Idk if gender roles are gunna fix that then.
23:49
it looks like most people who applied in october last cycle didn't get a decision until january... does it even mean anything that our addresses went long??
hows ED 2 compared to ED 1?
Dkk
0:10
No idea
windyMagician
0:34
reporting live to say my ndls address also went long
does it mean anything ^
Dkk
2:21
NDLS and Fordham took a very long time last year. It's good info for people to know.
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