INTELLECTUAL PROPERTY POLICY

This policy outlines principles and guidelines to be followed by every employee of the company, to safeguard the Intellectual property of the Company. Legal Protection of Intellectual Property is crucial as it provides economic growth and enhances the overall innovation ecosystem by ensuring that creators and inventors have the exclusive rights to their creation. By upholding these values we can collectively contribute to the success of our company and maintain the trust and confidence of our clients, partners, and colleagues.

1. PURPOSE
   1. The purpose of this policy is to establish clear guidelines and procedures to promote highest standards of commitment to integrity and ethical conduct. This ensures fair competition, respects the rights of the creators and maintains trust in the innovation ecosystem. This policy establishes the guidelines for the management, protection and utilization of Intellectual Property within the Company.
2. SCOPE
   1. This policy applies to all employees, contractors and collaborators including full-time, part-time, temporary, at all levels within the company, involved in the creation or use of intellectual property on behalf of the Company.
3. DUTIES AND RESPONSIBILITIES
   1. Employees should be aware of the Company’s Intellectual property policy and must comply with its provisions.
   2. Employees are responsible for safeguarding intellectual property and must refrain from unauthorized use or disclosure. Training on intellectual property rights and obligations will be provided to all relevant personnel.
   3. Employees must promptly disclose any intellectual property they create during the course of their employment, ensuring that the Organization can assess and protect its right.
   4. Safeguarding the confidentiality of sensitive intellectual property information is a key responsibility. Employees should not disclose such information without proper authorization.
   5. Intellectual property created using company resources should be used for authorized purposes and aligned with the Company’s goals. Employees should refrain from using third-party intellectual property without proper authorization and respect the intellectual property rights of others.
4. OWNERSHIP OF INTELLECTUAL PROPERTY
   1. Intellectual Property created within scope of employment or contracted work with the company shall be the exclusive property of the Company.
   2. Intellectual Property created independently by an employee, outside the scope of their Job may belong to the Employee.
5. TYPES OF INTELLECTUAL PROPERTY
   1. This policy encompasses patents, trademarks, copyrights, trade secrets and other form of intellectual property relevant to the Company’s operations.
6. CONFIDENTIALITY, INFORMATION SECURITY, PROPRIETARY INFORMATION AND INTELLECTUAL PROPERTY
   1. We are committed to business information confidentiality, integrity and accessibility, we implement proper technical security measures this and it is our staff’s obligation to uphold this. Proprietary information includes all non-public information that might be harmful to the company or its customers, business partners if disclosed to unauthorised parties. All staff must handle any such information as secret. It also covers that, no one is entitled to trade with securities while in possession of non-public information or deliver non-public information to others that could have impact on the securities. Every rule ensuring information security must be followed all times.
   2. Employees must maintain the confidentiality of the company and client information. Sharing sensitive information with unauthorized individuals is strictly prohibited.
   3. Our Company respects the property rights of others. We will not acquire or seek to acquire trade secrets or other proprietary or confidential information by improper means. We will not engage in unauthorized use, copying, distribution or alteration of software or other protected intellectual property.
7. SECURITY AND PROTECTION OF COMPANY RESOURCES
   1. Company resources, including equipment, technology, and facilities, should be used with care and only for business purpose and not for personal gain.Occasional personal use is permissible as long as it is lawful, does not affect job performance or disrupts workplace morale.
   2. Our books, records, accounts and financial statements must be maintained in appropriate detail, must truly and properly reflect our transactions. We condemn all forms of money laundering, so we are committed to do business with partners involved in legitimate business activities with funds derived from legitimate sources.
   3. All employees are obliged to follow appropriate security measures and they should treat company property, whether material or intangible, with respect and shouldn’t misuse company assets or use it carelessly.
8. COMPLIANCE
   1. Compliance with this policy and applicable laws should be regularly monitored and audited to identify and address any potential gaps or non-compliance.
   2. Any identified breaches or non-compliance should be promptly investigated and appropriate corrective actions should be taken.
9. CHANGES TO THE POLICY
   1. We reserve the right to update and make changes to this policy from time to time based on the working conditions of the Company. The Company on updating this policy will inform the members of the Company.
10. FURTHER INFORMATION
    1. For any queries or further Information regarding our Company or about this Policy, the concerned person can contact us through email[INSERT EMAIL ADDRESS OF THE COMPANY]
11. ACKNOWLEDGEMENT
    1. We expect all employees to adhere to this policy of the Company. The Company will apply this policy consistently and fairly to ensure a harmonious and productive workplace for all.
    2. By signing below, you acknowledge that you have carefully read and understood the terms and contents of this policy.
    3. You acknowledge that you will follow the set guidelines of this policy as well as of the Company and failure to do so; the Company can take required action against such person.

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