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Assignment Of Invention Agreement

Assignment Of Invention Agreement Template for United Arab Emirates

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Key Requirements PROMPT example:

Assignment Of Invention Agreement

"I need an Assignment of Invention Agreement to transfer rights for a new solar panel technology from our senior engineer to our company, with the assignment to take effect from March 1, 2025, including provisions for future improvements and technical documentation."

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Document background
The Assignment Of Invention Agreement is a crucial document in the UAE's intellectual property landscape, essential for companies and institutions involved in technological innovation and development. This agreement is typically used when transferring ownership rights of an invention from its creator or current owner to another party, such as from an employee to their employer, or between business entities. The document must comply with UAE Federal Law No. 11 of 2021 on Industrial Property Rights and Patents, which provides the legal framework for such transfers. It becomes particularly relevant in situations involving employee inventions, technology transfers, corporate acquisitions, or research and development collaborations. The agreement ensures clear documentation of the transfer of rights, helping prevent future disputes and facilitating patent applications or commercialization efforts.
Suggested Sections

1. Parties: Identifies and provides full details of the Assignor and Assignee, including their legal status and addresses

2. Background: Establishes context, including the Assignor's ownership of the invention and the parties' intention to transfer rights

3. Definitions: Defines key terms including 'Invention', 'Intellectual Property Rights', 'Documentation', and other relevant terms

4. Assignment: Core section detailing the transfer of rights, specifically stating that all rights, title, and interest in the invention are being irrevocably assigned

5. Consideration: Specifies the payment or other consideration for the assignment

6. Delivery of Documentation: Details the technical documentation, drawings, and other materials to be transferred

7. Further Assurance: Assignor's commitment to execute additional documents and assist with patent applications or proceedings

8. Warranties and Representations: Assignor's warranties regarding ownership, right to assign, non-infringement, and no prior assignments

9. Governing Law and Jurisdiction: Specifies UAE law as governing law and establishes jurisdiction for disputes

Optional Sections

1. Confidentiality: Required when sensitive technical information is involved or when parties wish to keep the assignment confidential

2. Tax Provisions: Include when there are specific tax implications that need to be addressed

3. Export Control: Necessary when the invention has potential military or dual-use applications

4. Improvements: Include when future improvements to the invention should also be covered by the assignment

5. Third Party Rights: Required when the invention builds upon or incorporates third-party intellectual property

6. Moral Rights: Include when the invention includes copyrightable elements where moral rights need to be addressed

7. Severability: Optional boilerplate clause for contract validity preservation

Suggested Schedules

1. Schedule 1 - Description of the Invention: Detailed technical description of the invention, including any drawings, specifications, and related materials

2. Schedule 2 - Existing Patent Applications/Patents: List of any patent applications or granted patents relating to the invention

3. Schedule 3 - Related Intellectual Property: Details of any related IP rights, such as design rights or copyright in drawings

4. Schedule 4 - Technical Documentation: List of all technical documents, manuals, and other materials being transferred

5. Schedule 5 - Payment Terms: Detailed breakdown of consideration and payment schedule, if applicable

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Linkedin in social icon imageX social icon image
alex.den.21@genieai.co
Relevant legal definitions
Agreement
Assignee
Assignor
Confidential Information
Effective Date
Further Assurance
Improvement
Intellectual Property Rights
Invention
Know-How
Patent Applications
Patent Rights
Patents
Related Rights
Technical Documentation
Technical Information
Technology
Trade Secrets
Transfer Date
UAE
Intellectual Property Office
Ministry
Documentation
Industrial Property Rights
Moral Rights
Consideration
Derivative Works
Commercial Exploitation
Third Party Rights
Registered Rights
Unregistered Rights
Working Day
Relevant Industries

Technology

Manufacturing

Biotechnology

Pharmaceutical

Engineering

Research and Development

Electronics

Software Development

Medical Devices

Automotive

Aerospace

Chemical Industry

Energy

Telecommunications

Industrial Design

Relevant Teams

Legal

Intellectual Property

Research and Development

Innovation

Corporate Affairs

Compliance

Technology Transfer Office

Product Development

Engineering

Scientific Affairs

Patent Administration

Technical Documentation

Corporate Strategy

Relevant Roles

Patent Attorney

Intellectual Property Counsel

Research and Development Director

Chief Technology Officer

Innovation Manager

Legal Counsel

Corporate Lawyer

Research Scientist

Product Development Manager

Technology Transfer Officer

Intellectual Property Manager

Chief Executive Officer

Chief Legal Officer

Head of Innovation

Laboratory Director

Engineering Manager

Compliance Officer

Technical Director

Industries
UAE Federal Law No. 11 of 2021 on Industrial Property Rights and Patents: The primary legislation governing patents and industrial property rights in the UAE. It covers invention registrations, ownership rights, and transfer of patent rights. Particularly relevant for defining what constitutes an invention and the rights that can be assigned.
UAE Federal Law No. 33 of 2021 (Employment Law): Regulates employment relationships and includes provisions about work products and innovations developed during employment. Important for determining rights and obligations regarding employee inventions.
UAE Federal Law No. 5 of 1985 (Civil Transactions Law): Contains fundamental principles of contract law, including formation, validity, and enforcement of contracts. Essential for ensuring the assignment agreement meets basic contractual requirements.
UAE Federal Law No. 18 of 1993 (Commercial Transactions Law): Provides framework for commercial transactions and business relationships. Relevant for commercial aspects of invention assignments and business-to-business transfers.
UAE Federal Law No. 7 of 2002 (Copyright Law): While primarily focused on copyright, may be relevant if the invention includes software or technical documentation that needs to be assigned alongside the patent rights.
Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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