Intellectual Property (IP) Assignment Agreement
/
/
Intellectual Property (IP) Assignment Agreement
/
/
Intellectual Property (IP) Assignment Agreement

Intellectual Property (IP) Assignment Agreement

A contract transferring ownership of intellectual property from one party to another.

352.72

(5 customer reviews)

Description

An Intellectual Property (IP) Assignment Agreement is a legal document that facilitates the transfer of intellectual property rights from the original owner (assignor) to another party (assignee). It covers patents, trademarks, copyrights, and trade secrets, ensuring the assignee has full control over the IP. The agreement includes terms such as payment, warranties of ownership, and liability clauses. Common in mergers, acquisitions, and employee IP transfers, this contract ensures the buyer gains exclusive rights while protecting the seller from future claims. A properly drafted IP assignment prevents disputes over ownership and usage rights.