Get Intellectual Property Ownership Agreement

The Intellectual Property Ownership Agreement is a crucial document that outlines the transfer of ownership for intellectual property, specifically logos. This guide provides clear, step-by-step instructions for filling out the form online, ensuring that all necessary fields are completed accurately.

Follow the steps to complete the form effectively.

1. Press the ‘Get Form’ button to access the document and open it in your preferred editor.
2. Fill in the date at the top of the agreement. This should reflect the date on which the agreement is being executed.
3. Enter the legal names of both parties involved in the agreement: the City of Tonka Bay and Franke+Fiorella. Ensure that these names are accurate and reflect the official entities.
4. Review the Recitals section carefully. Although it is typically a statement of fact, ensure you understand the context of the donations and the nature of the intellectual property involved.
5. In the Ownership section, confirm that the City will hold perpetual ownership of the final logo design. Attach a copy of the logo as Exhibit A as referenced in this section.
6. Acknowledge the royalties paragraph, verifying that the City will not owe any future payments to the Designer for the logo’s use.
7. In the Preliminary Concept Materials section, understand that all preliminary designs and concepts remain with the Designer.
8. In the Right to Use section, confirm the City’s rights regarding the use of the logo and the Designer’s retained rights for promotional purposes.
9. Review the Jurisdiction clause to ensure you are informed about the governing laws in case of any disputes.
10. Lastly, review the Full Agreement section, confirming it encapsulates the entire agreement without contradiction to any previous agreements.
11. Sign the document in the designated spaces for both parties. Ensure to provide the name and title of the individuals signing for each organization.
12. Once completed, save the changes to the document, and consider downloading or printing it for your records. You can also share the completed agreement with relevant parties as needed.

Complete your documents online with ease and confidence.