Patent co—ownership agreement
Patent co—ownership agreement

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

  • Patent co—ownership agreement
  • Parties
  • Background
  • The ScheduleThe Patents
  • Part A: The Priority Applications
  • Part B: The Completion Applications
  • Part C: The Patents

Produced in partnership with Sean Jauss and Emma Gallacher of Mewburn Ellis LLP

This Agreement is made on [insert date].

Parties

  1. 1

    [Insert name of first co-owner of patent] [(Company Number [insert number])] [whose [registered office OR principal place of business] is at [insert address] OR whose address for service within the jurisdiction of the courts of England and Wales is [insert address]] (Party A); and

  1. 2

    [Insert name of second co-owner of patent] [(Company Number [insert number])] [whose [registered office OR principal place of business] is at [insert address] OR whose address for service within the jurisdiction of the courts of England and Wales is [address]] (Party B).

Each a Party and together the Parties as context dictates

Background

The Parties co-own the Patents (as defined below). The Parties wish to agree the terms on which the Patents will be protected, enforced, defended, commercialised and otherwise dealt with, all in accordance with the provisions of this Agreement.

It is agreed as follows:

  1. 1

    Definitions and interpretation

    1. 1.1

      In this Agreement:

    2. Affiliate

      1. means, in relation to a Party, any person that Controls, is Controlled by, or is under common