Products tagged with 'assignment of patent'

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Intellectual Property Transfer Agreement | UK

Transfer your rights in an invention or patent to a purchaser who will commercially develop and produce the invention in the UK with this Intellectual Property Transfer Agreement.

  • Scope of Agreement. The Transfer Agreement covers the intellectual property being transferred as well as associated documentation and know-how.
  • Support. The inventor will provide ongoing support, assistance and expertise with respect to the transferred property.
  • Security for Payment. The purchaser's solicitors will hold the executed assignments of rights in trust as security for payment of the purchase price.
  • Confidentiality. The inventor agrees not to disclose any confidential information regarding the intellectual property to third parties unless requested to do so by the purchaser.
  • Indemnification. The parties mutually indemnify each other.
  • Termination for Cause. The agreement contains provisions for termination if a milestone is missed or if the purchaser defaults in making a payment.
  • Governing Law. The Intellectual Property Transfer Agreement is governed by the laws of England and Wales and can be used throughout the United Kingdom.
  • How to Obtain the Form. You can download the sample agreement immediately after you have purchased it. Customise it with the details of your transaction and it is ready to sign.
$29.99

Patent Assignment Agreement | China

Assign your rights in Chinese patents to another party as part of a sale of assets with this Patent Assignment Agreement.

  • License Back. In return for the assignor (seller) transferring its interest in the patents to the assignee (purchaser), the assignee licenses back to the assignor the right to use the patents in connection with its business. The license is royalty free, fully paid, worldwide and non-exclusive.
  • Perfection of Interest. The assignee will be responsible for translating any documents, taking all actions, and paying all costs connected to perfecting its interest in the assigned patents.
  • Patent Applications. The assignor agrees to assist with prosecuting any pending patent applications and procuring any grants in connection with the assigned patents.
  • Compliance with Restrictions on Use. The assignor must comply with all restrictions on use and disclosure of confidential information with respect to its license to use the patents.
  • Infringement. Each of the parties will promptly notify the other of any infringement or misappropriation of third party rights in connection with the assigned patents.
  • Dispute Resolution. In the event that the parties are unable to settle any dispute through friendly consultation, the parties agree to submit the dispute to binding arbitration.
  • Laws and Language. This Patent Assignment Agreement is governed by the laws of the Peoples Republic of China. It is available only in an English language version. A Chinese translation of the document may be required to make it legally valid.
$29.99