The following TMT guidance note provides comprehensive and up to date legal information covering:
This Agreement is made on [insert date]
[insert supplier name] a company incorporated in [England and Wales] whose registered number is [insert company number] and whose registered office is at [insert registered office] (the Supplier); and
[insert customer name] a company incorporated in [England and Wales] whose registered number is [insert company number] and whose registered office is at [insert registered office] (the Customer),
(each of the Supplier and the Customer being a party and together the Supplier and the Customer are the parties).
The Supplier is the[ sole] proprietor of certain software and associated intellectual property rights.
The Customer is [insert details of the background to the transfer].
The Supplier has agreed to assign [its OR all the] intellectual property rights in such software to the Customer and the Customer agrees to take an assignment of the same on the terms of this Agreement.
The parties agree:
Definitions and interpretation
In this Agreement:
means, in relation to a party, any entity that directly or indirectly controls, is controlled by or is under common control with that party within the meaning set out in
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