This assignment of IP can be used to assign (i.e. transfer of ownership of) intellectual property rights (including copyright, patents, trade marks and design rights) from one person to another. The assignment includes provisions enabling specified rights to be easily carved-out from an assignment. It also includes an optional waiver of moral rights, which may be relevant where the intellectual property rights in question include copyright.
Selected sections from the assignment template can be seen here:
Sample Assignment of IP
An assignment of registered IP rights should itself be registered with the appropriate regulatory authorities. For instance, an assignment of a UK registered trade mark should be registered with the UK IPO (using Form TM 16 - Application to record a change of ownership).
The IP assignment template includes the following provisions:
(1) Definitions and interpretation
(2) Assignment
(3) Moral rights
(4) Further assurance
(5) Warranties
(6) Indemnity
(7) General
The assignment of IP is 6 pages long (including the cover sheet) and is provided in Word (.doc) format.
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