Assignment of Intellectual Property Rights Agreement
Unlike an Intellectual Property License Agreement, which provides the licensee a right to use, but not to own, certain intellectual property rights. An Assignment of Intellectual Property rights agreement involves a complete and exclusive sale of the rights, thus giving the assignee complete ownership to exploit the intellectual property rights in whatever way, shape, or form it likes, subject to any limitations listed in the agreement.
The transfer may include an ongoing Royalty or a one off cash payment or it may simply be the transfer from the owner to a company in exchange for shares in the company.
Use this Deed of Assignment (may also be known as a Transfer Agreement) whenever you wish to transfer the ownership of intellectual property from one entity to another. This is an enforceable contract effectuating an assignment of intellectual property rights from an “Assignor”, the owner of the rights, to an “Assignee”, the purchaser of the rights, in exchange for valuable consideration.
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This professionally drafted Assignment (transfer) of Intellectual Property Rights Agreement is made for your convenience using Microsoft Word and is available for immediate download. You can use this template time after time, simply edit the fields as you require and print your agreement.
The transfer agreement with easy to follow instructions includes the following provisions-
- The Parties
- Definitions
- Assignment
- Consideration
- Assignees further rights
- Warranties
- Further Assurances
- Amendment
- Liability for Expenses
- Governing Law
Your ready-to-use kit includes everything you need AND you get a FREE Agreement Preparation Hints and Tips Guide.
- Professionally drafted Assignment of Intellectual Property Rights Agreement
- Getting Started document
- Agreement Preparation Tips,Hints and Secrets
- Friendly customer support
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