Assignment of designs—pro-assignee
Produced in partnership with Anna Reid and Jake Hayes of D Young & Co LLP
Assignment of designs—pro-assignee

The following IP precedent Produced in partnership with Anna Reid and Jake Hayes of D Young & Co LLP provides comprehensive and up to date legal information covering:

  • Assignment of designs—pro-assignee

This Deed is made on [insert date]

Parties

  1. 1

    [insert name of assignor] [of OR a company incorporated in [England and Wales] under number [insert registered number] whose registered office is at] [insert address] (Assignor); and

  1. 2

    [insert name of assignee] [of OR a company incorporated in [England and Wales] under number [insert registered number] whose registered office is at] [insert address] (Assignee) (each of the Assignor and the Assignee being a party and together the Assignor and the Assignee are the parties).

Background

    1. (A)

      The Assignor is the [registered proprietor of AND/OR has applied for AND/OR owns] certain Designs (as defined below).

    1. (B)

      The Assignee is [insert description of the Assignee’s background/background to assignment or relevant transaction].

    1. (C)

      The Assignor agrees to assign its rights in these Designs [and the Design Materials] to the Assignee and the Assignee agrees to accept the assignment in accordance with the terms of this Deed.

This Deed PROVIDES:

    1. 1

      Definitions and interpretation

      1. 1.1

        In this Deed:

        Affiliate

        1. means any entity that directly or indirectly controls, is controlled by or is under common control with, another entity;

        [Assignment Date

        1. insert date;]

        Business Day

        1. means a day other than a Saturday, Sunday or public holiday[, on which clearing banks are open for non-automated commercial business in the [City of London]];

        Confidential Information

        1. means information disclosed by or on behalf of a party (the Disclosing Party) to the other party

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