The following IP precedent provides comprehensive and up to date legal information covering:
This Agreement is made on [insert date] (Commencement Date) between the following parties (each a ‘party’ and together the ‘parties’):
[insert Assignor name] a company incorporated in [England and Wales] whose registered number is [insert company number] and whose registered office is at [insert registered office] (Assignor); and
[insert Assignee name] a company incorporated in [England and Wales] whose registered number is [insert company number] and whose registered office is at [insert registered office] (Assignee)
[Assignor has entered into an agreement with Assignee [dated [insert date]] for the sale of [the [insert name] business and/or certain business Assets] by Assignor as seller to Assignee as buyer OR [insert other description of relevant transaction (referencing any relevant related agreements)]] (Transaction).
Assignor has agreed to assign, and Assignee has agreed to take an assignment of, the Assigned IPR on the terms and conditions of this Agreement.
[This Agreement and the assignment under it is conditional upon a separate [Asset Purchase Agreement] (or similar document) being entered into between the parties on or before the date of this Agreement.]
The parties agree:
Definitions and interpretation
Words shall have the meanings given to them in this Agreement, including without limitation as set out below:
[Asset Purchase Agreement
means an agreement entered into between the parties for the sale and purchase of the Business (including the Assets) as
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