Patent assignment—pro-assignor
Produced in partnership with Thomas Bjorn of Royds Withy King LLP and David Hobson/Martin MacLean of Mathys & Squire LLP
Last updated on 27/07/2020

The following IP precedent produced in partnership with Thomas Bjorn of Royds Withy King LLP and David Hobson/Martin MacLean of Mathys & Squire LLP provides comprehensive and up to date legal information covering:

  • Patent assignment—pro-assignor
  • BACKGROUND
  • 1 Definitions and interpretation
  • 2 Assignment
  • 3 Biological Material
  • 4 VAT
  • 5 Further assurance
  • 6 No Warranty
  • 7 Entire agreement
  • 8 Confidential Information
  • More...

Patent assignment—pro-assignor

This AGREEMENT is dated [insert date]

Parties

  1. 1

    [insert name] [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 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 [owner of OR applicant for] the Patents as defined herein.

    1. (B)

      The [Parties have entered into the Main Agreement as defined herein and the] Assignor has agreed to assign such Patents to the Assignee and the Assignee has agreed 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;

        [Biological Material

        1. means any biological agent such as cells, viruses, or tissues deposited under the Budapest Treaty;]

        [Budapest Treaty

        1. means the Budapest Treaty on the International Recognition of the Deposit of Microorganisms for the Purposes of Patent Procedure 1980;]

        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

Related documents:
Key definition:
Assignment definition
What does Assignment mean?

An assignment is an immediate transfer of an existing proprietary right, vested or contingent from one party to another. Assignments can occur by consent or by operation of law.

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