Intellectual Property Agreement
Legal Guide -
What is an intellectual property agreement and do you need one?
An intellectual property agreement is an agreement made between a transferor and transferee of intellectual property rights.
You should always have an intellectual property agreement if:
- You wish to transfer the ownership of over intellectual property rights to another person or company;
- You wish to receive assignment over intellectual property rights from another person or company.
Other names for intellectual property agreement:
- IP agreement;
- IP contract;
- IP assignment agreement;
- Intellectual property contract.
What does the intellectual property agreement cover?
- Rights and obligations of the assignor and assignee;
- Terms of assignment of the intellectual property;
- Assignment fee and date;
- Payment;
- Warranties;
- Indemnities;
- Tax.
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