Hi, As you are a minor shareholder, it is no more than logical for the major shareholder aka director to protect his assets. In short, you are replacable, the idea and copyright much less. But, in return you have a 10% share and you probably get paid for the work you as a product developer in that company. Kinda standard waiver I guess. Normally (e.g. in a bigger company) this is taken care of in the standard work agreement. Or maybe even beyond that, in law, stating that copyrights of everything produced as employee for a company automagically end up in the company. So no biggie I guess. The lingo feels a bit off-legal on some occasions (p.e. <> (?)), but that may be New Zealandish... Congrats with your new position as co-inventor and shareholder in a real ACME Invention Corporation. Regards, Claudio P.s. Sry for the ramblings-writing-style. It's already very late (2am) and I'm still far from being finished :( -----Original Message----- From: pic microcontroller discussion list [mailto:PICLIST@MITVMA.MIT.EDU] On Behalf Of Jinx Sent: vrijdag 19 april 2002 1:27 To: PICLIST@MITVMA.MIT.EDU Subject: [PIC]: Assigning s/w and circuit copyright I need to sign off on this document http://home.clear.net.nz/pages/joecolquitt/assign.html Any comments or suggestions re implications, ramifications or other -tions. As I read it (hopefully correctly), makes my work company property, which I don't particularly have a problem with Company situation is 2 x 10% shareholders (myself and another) - product developers 1 x 22% shareholder (financier) 1 x 58% shareholder (idea originator, sole director, marketer) -- http://www.piclist.com hint: The list server can filter out subtopics (like ads or off topics) for you. See http://www.piclist.com/#topics -- http://www.piclist.com hint: The list server can filter out subtopics (like ads or off topics) for you. See http://www.piclist.com/#topics