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

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-assignor

This Agreement is dated [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 to the Assignee and the Assignee agrees to accept the assignment in accordance with the terms of this Agreement.

The parties agree:

    1. 1

      Definitions and interpretation

      1. 1.1

        In this Agreement:

        Affiliate

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

        [[Assignment Date

        1. is [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 (the Receiving Party) under

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