Intra-group intellectual property rights assignment
Intra-group intellectual property rights assignment

The following IP precedent provides comprehensive and up to date legal information covering:

  • Intra-group intellectual property rights assignment
  • Background
  • 1 Definitions and interpretation
  • 2 Assignment
  • 3 Warranties and indemnity
  • 4 General
  • Schedule 1 Patents
  • Schedule 2 Registered designs
  • Schedule 3 Registered trade marks
  • Schedule 4 Unregistered designs
  • More...

This Deed is made on [insert date]

Parties

  1. 1

    [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

  1. 2

    [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).

Background

    1. (A)

      Assignor [insert the Assignor’s status or the background the relevant transaction]

    1. (B)

      Subject to the rights and encumbrances set out in Schedule 7 to this Deed, the Assignor owns the Intellectual Property Rights

    1. (C)

      [In an agreement dated [insert date of main agreement] (‘the Main Agreement’) the Assignor has agreed to assign the Intellectual Property Rights to the Assignee in accordance with the terms of this Deed.]

    1. (D)

      [insert other recitals as appropriate]

The parties agree:

    1. 1

      Definitions and interpretation

      1. 1.1

        In this Deed, unless stated otherwise:

        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]];

        [Copyright Works

        1. means the works detailed in Schedule [insert number];]

        Effective Date

        1. means [insert date];

        Intellectual Property Rights

        1. means all of the rights set out in Schedule 1 to Schedule 6 (inclusive)

        Know-how

        1. means any confidential information, experience, drawings, designs, other technical information and information relating to [the Assignor’s business] including the

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