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

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...

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

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