Assignment Of Future Intellectual Property Rights Template for Hong Kong

1. Employment Relationship: Additional provisions specific to employer-employee relationships, used when the assignment is part of employment arrangements

2. Revenue Sharing: Provisions for sharing revenue from the commercialization of the IP, used when the assignment includes profit-sharing arrangements

3. Third Party Rights: Provisions dealing with third party contributions or rights, used when future IP may involve third party components

4. Grant-Back License: Provisions granting the assignor limited rights to use the assigned IP, used when the assignor needs to retain certain usage rights

5. Development Obligations: Specific obligations regarding the development of the future IP, used when the assignment is tied to ongoing development work

6. Moral Rights: Provisions dealing with moral rights, particularly relevant for copyright works

7. Competition Restrictions: Non-compete and non-solicitation provisions, used when protecting the commercial value of the IP

1. Schedule 1: Description of Future IP: Detailed description of the types and scope of future IP rights to be assigned

2. Schedule 2: Payment Terms: Detailed breakdown of consideration, payment schedule, and calculation methods

3. Schedule 3: Registration Requirements: Specific requirements and procedures for registering different types of IP rights

4. Schedule 4: Disclosure Form: Template form for disclosing new IP rights as they come into existence

5. Appendix A: IP Development Plan: Timeline and milestones for the development of future IP (if applicable)

6. Appendix B: Existing IP Rights: List of any existing IP rights that may relate to or affect the future IP