An Assignment Deed of Intellectual Property is an Agreement between one person/company transferring its intellectual property to another person/company.
A Deed of Assignment of Intellectual Property can be used in several situations, including when a corporation is acquiring a business, founders are incorporating a business, and when a party is purchasing a product from another party. It can also be for the assignment of IP by employees. A deed is a formal document and requires the signature of a witness. Deeds do not require the parties to provide consideration for the agreement, so a deed is useful if the IP is being transferred for free. A deed is also used if the laws of the jurisdiction require the contract to be in the form of a deed.
- The Assignment Deed of Intellectual Property example is not tailored to your personal circumstances. If you wish to use it or modify it, we suggest you call us for details on how best to use it. We offer a free 15-minute consultation to anyone who has purchased this example. Our number is 02 7200 8200.
- Schedule 1 contains a table that must be completed to include the specifics of each case. All amendments are in brackets. Please amend or insert as directed and remove the brackets.
The signature page allows for signature by either an individual or a company. Select the correct signatory section based on who the Parties are and delete the other.