Joint Copyright Ownership Agreement Template for Malaysia

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Key Requirements PROMPT example:

Joint Copyright Ownership Agreement

"I need a Joint Copyright Ownership Agreement under Malaysian law for a children's book I'm creating with two other illustrators, where we'll share equal ownership and want to start publishing by March 2025."

Document background
The Joint Copyright Ownership Agreement is essential when two or more parties collaborate to create or acquire copyrightable works in Malaysia. This document becomes necessary in situations where multiple parties contribute to the creation of intellectual property, such as software development, artistic collaborations, or joint research projects. It operates under Malaysian law, particularly the Copyright Act 1987 and Contracts Act 1950, providing a comprehensive framework for managing shared intellectual property rights. The agreement typically includes detailed provisions for ownership percentages, decision-making processes, revenue sharing, and dispute resolution mechanisms. It's particularly important for protecting each party's interests and establishing clear guidelines for the commercial exploitation of the jointly owned work.
Suggested Sections

1. Parties: Identification and details of all co-owners entering into the agreement

2. Background: Context of the agreement, including how the work was created and the intention for joint ownership

3. Definitions: Key terms used throughout the agreement, including 'Work', 'Net Revenue', 'Territory', etc.

4. Ownership and Rights: Declaration of joint ownership percentages and scope of rights held by each party

5. Management and Control: Decision-making processes for exploitation and licensing of the work

6. Revenue Sharing: Terms for sharing income, royalties, and other revenue from the work

7. Obligations of the Parties: Responsibilities of each co-owner regarding maintenance, protection, and exploitation of the work

8. Term and Termination: Duration of the agreement and circumstances for termination

9. Governing Law and Jurisdiction: Specification of Malaysian law as governing law and jurisdiction for disputes

10. General Provisions: Standard contractual provisions including notices, amendments, and severability

Optional Sections

1. Digital Rights Management: Specific provisions for managing digital versions of the work and online distribution

2. International Exploitation: Additional terms for exploitation of the work outside Malaysia

3. Moral Rights: Specific handling of moral rights where relevant to the type of work

4. Assignment and Succession: Terms for transferring ownership rights to third parties or successors

5. Quality Control: Standards and approval processes for reproductions or adaptations of the work

6. Confidentiality: Provisions for protecting confidential information related to the work or its exploitation

Suggested Schedules

1. Schedule 1 - Description of the Work: Detailed description of the copyrighted work(s) including creation date, format, and identifying features

2. Schedule 2 - Ownership Percentages: Detailed breakdown of ownership shares and contribution details

3. Schedule 3 - Revenue Sharing Formula: Specific calculations and mechanisms for sharing different types of revenue

4. Schedule 4 - Approved Uses: List of pre-approved uses and exploitation methods for the work

5. Appendix A - Registration Details: Copyright registration information and certificates if applicable

6. Appendix B - Prior Agreements: Details of any existing agreements or licenses affecting the work

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

Relevant Industries

Media and Entertainment

Technology

Publishing

Education

Creative Arts

Software Development

Music Industry

Film and Television

Digital Content Creation

Gaming

Advertising and Marketing

Relevant Teams

Legal

Intellectual Property

Creative Services

Business Development

Content Creation

Research and Development

Publishing

Production

Digital Rights

Contracts Administration

Relevant Roles

Legal Counsel

Intellectual Property Lawyer

Creative Director

Content Creator

Business Development Manager

Copyright Administrator

Licensing Manager

Contract Manager

Artist

Author

Software Developer

Research Director

Publishing Manager

Production Manager

Digital Rights Manager

Industries
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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