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IP Assignment Form
"I need an IP Assignment Form for transferring a software patent and related code from my tech startup to a large multinational corporation, with payment to be made in tHRee installments and the first rights transfer to occur on March 15, 2025."
1. Parties: Identification of assignor and assignee
2. Background: Context of the IP assignment and relationshIP between parties
3. Definitions: Key terms used in the agreement including types of IP being transferred
4. Assignment Clause: Core provision transferring IP rights, including present and future rights, worldwide rights, and right to sue for past infringements
5. Consideration: Payment or other value exchanged for the IP
6. Warranties: Assurances about IP ownershIP, no third-party rights, and no infringement of others' IP
7. Governing Law: Specification of Singapore law as governing law and jurisdiction
1. Further Assurance: Commitment to execute additional documents and perform necessary acts to perfect the transfer
2. Confidentiality: Provisions for protecting confidential information and trade secrets
3. Tax Provisions: Allocation of responsibility for taxes arising from the transfer
4. Moral Rights: Waiver or assignment of moral rights in copyrighted works where applicable
1. Schedule of IP Assets: Detailed inventory of all IP being transferred including patents, copyrights, trademarks, designs, and trade secrets
2. Registration Details: List of registration numbers and details for all registered IP rights
3. Payment Schedule: Details of payment terms and installments if applicable
4. Existing Licenses: Schedule of any existing licenses, encumbrances or third-party rights affecting the IP
Authors
Assigned Rights
Effective Date
Assignment
Assignor
Assignee
Confidential Information
Created Works
Documentation
Improvements
Know-How
Patents
Patent Applications
Registered Rights
Related Rights
Trade Marks
Trade Secrets
Technical Information
Territory
Works
Moral Rights
Background IP
Derivative Works
Consideration
Intellectual Property Rights
Registration
Licensed Rights
Consideration
Warranties and Representations
Further Assurance
Confidentiality
Registration
Moral Rights
Intellectual Property Rights
Delivery and Documentation
Cooperation
No Encumbrances
Title and Authority
Future Rights
Indemnification
Survival
Execution of Documents
Third Party Rights
Tax Provisions
Entire Agreement
Governing Law
Dispute Resolution
Notices
Severability
Amendment
Waiver
Force Majeure
Assignment and Transfer
Costs and Expenses
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