Comment Initials Intellectual Property Assignment Agreement Template For Free

I agree that, at the time of leaving the employ of the Company, I will deliver to the Company (and will not keep in my possession, recreate or deliver to anyone else) any and all devices, records, data, notes, reports, proposals, lists, correspondence, specifications, drawings, blueprints, sketches, materials, ...

IP is protected in law by, for example, patents, copyright and trademarks, which enable people to earn recognition or financial benefit from what they invent or create.

Using an IP assignment agreement, sellers surrender all ownership rights to the intellectual property and no longer have any say over how the IP is used. This gives the buyer complete control and ownership rights of the intellectual property involved.

To achieve this, you should just include a provision that clearly states that your business owns the exclusive right to use all of your branding materials. For example: ?[Your business] owns all intellectual property rights in the products and company branding as between you and us.?

The assignment is usually written in the form of a deed and will need to precisely detail the IP being assigned. Not all IP requires registration, although some types do. Copyright exists automatically upon the creation of the work and lasts for the lifetime of the owner, whether or not registered.

An IP assignment is a transfer of ownership of an intellectual property right, such as a patent, trade mark or copyright, from one party (the assignor) to another party (the assignee). This infographic adds together the benefits, risks and the key elements of assignment agreements. Download Infographic.

I agree that I will promptly make full written disclosure to the Company, will hold in trust for the sole right and benefit of the Company, and hereby assign to the Company, or its designee, all my rights, title, and interest in and to any and all inventions, original works of authorship, developments, concepts, ...