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IP Assignment Agreement Template

Professional Intellectual Property Assignment for Patents, Copyrights, Trademarks, and Trade Secrets

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INTELLECTUAL PROPERTY ASSIGNMENT AGREEMENT

Assignment of Patents, Copyrights, Trademarks, and Related IP Rights

Assignment Date: June 4, 2025

Effective Date: June 4, 2025

This Intellectual Property Assignment Agreement ("Agreement") is entered into on June 4, 2025 between [ASSIGNOR NAME], an individual/entity ("Assignor"), and [ASSIGNEE NAME], a [ASSIGNEE TYPE] ("Assignee").

RECITALS

WHEREAS, Assignor owns, controls, or has rights to certain intellectual property described herein; and

WHEREAS, Assignor desires to assign, transfer, and convey to Assignee all right, title, and interest in and to such intellectual property; and

WHEREAS, Assignee desires to acquire such intellectual property rights from Assignor; and

WHEREAS, the parties wish to set forth the terms and conditions of such assignment;

NOW, THEREFORE, in consideration of [CONSIDERATION] and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties agree as follows:

1. INTELLECTUAL PROPERTY ASSIGNED

1.1 Assigned Property. Assignor hereby assigns, transfers, and conveys to Assignee all right, title, and interest in and to the following intellectual property (the "Assigned IP"):

a) Patents: [PATENTS, PATENT APPLICATIONS, AND RELATED RIGHTS]

b) Copyrights: [COPYRIGHTABLE WORKS AND RELATED RIGHTS]

c) Trademarks: [TRADEMARKS, SERVICE MARKS, AND RELATED RIGHTS]

d) Trade Secrets: [CONFIDENTIAL INFORMATION AND TRADE SECRETS]

e) Other IP: [OTHER INTELLECTUAL PROPERTY RIGHTS]

1.2 Scope of Assignment. The assignment includes all applications, registrations, renewals, extensions, divisions, continuations, continuations-in-part, reissues, re-examinations, and foreign counterparts of the Assigned IP.

2. NATURE OF ASSIGNMENT

2.1 Complete Assignment. This assignment transfers to Assignee the entire right, title, and interest in and to the Assigned IP, including without limitation:

a) The right to make, use, sell, offer for sale, import, and otherwise exploit the Assigned IP;

b) The right to license, sublicense, and assign the Assigned IP;

c) The right to enforce the Assigned IP against infringers;

d) The right to collect damages for past, present, and future infringement;

e) All priority rights and filing dates associated with the Assigned IP.

2.2 Retained Rights. [SPECIFY ANY RETAINED RIGHTS OR "NONE"]

3. REPRESENTATIONS AND WARRANTIES

3.1 Assignor's Representations. Assignor represents and warrants that:

a) Assignor has full right, power, and authority to enter into this Agreement and to assign the Assigned IP;

b) Assignor is the sole owner of the Assigned IP, free and clear of all liens, encumbrances, and third-party rights;

c) The Assigned IP does not infringe any third-party intellectual property rights;

d) The Assigned IP is valid, enforceable, and subsisting;

e) No action, suit, or proceeding is pending or threatened that would adversely affect the Assigned IP;

f) Assignor has not assigned, licensed, or otherwise transferred any rights in the Assigned IP to any third party.

3.2 Additional Representations. [ADDITIONAL SPECIFIC REPRESENTATIONS IF ANY]

4. CONSIDERATION

4.1 Payment. In consideration for this assignment, Assignee shall pay Assignor [PAYMENT AMOUNT] according to the following terms: [PAYMENT TERMS].

4.2 Royalties. [ROYALTY PROVISIONS OR "NOT APPLICABLE"]

5. COOPERATION AND FURTHER ASSURANCES

5.1 Further Documents. Assignor agrees to execute and deliver to Assignee such additional documents and instruments as may be necessary or desirable to evidence, perfect, or record the assignment contemplated hereby, including but not limited to:

a) Formal assignment documents for recording with appropriate governmental agencies;

b) Powers of attorney to prosecute patent applications;

c) Copyright assignment documents for registration with the U.S. Copyright Office;

d) Trademark assignment documents for recording with the USPTO;

e) Any other documents reasonably requested by Assignee or its counsel.

5.2 Cooperation in Prosecution. Assignor agrees to cooperate with Assignee in the prosecution, maintenance, and enforcement of the Assigned IP, including providing testimony, documents, and other assistance as reasonably requested.

6. PATENT-SPECIFIC PROVISIONS

6.1 Patent Prosecution. With respect to any patent applications included in the Assigned IP, Assignee shall have the sole right and responsibility to prosecute such applications, including the right to:

a) Continue prosecution of pending applications;

b) File continuation, divisional, or continuation-in-part applications;

c) Respond to office actions and conduct patent prosecution activities;

d) Make decisions regarding claim scope and prosecution strategy.

6.2 Patent Maintenance. Assignee shall be responsible for all patent maintenance fees, renewal fees, and other costs associated with maintaining the assigned patents.

7. COPYRIGHT-SPECIFIC PROVISIONS

7.1 Works Made for Hire. To the extent any copyrightable works included in the Assigned IP constitute "works made for hire" under applicable law, Assignee shall be deemed the author and owner of such works.

7.2 Moral Rights. To the extent permitted by law, Assignor waives all moral rights in the assigned copyrightable works, including rights of attribution and integrity.

8. TRADEMARK-SPECIFIC PROVISIONS

8.1 Trademark Goodwill. This assignment includes the goodwill of the business associated with the assigned trademarks.

8.2 Quality Control. Assignee agrees to maintain the quality and standards associated with the assigned trademarks to preserve their validity and enforceability.

9. TRADE SECRET PROVISIONS

9.1 Confidentiality. All trade secrets and confidential information included in the Assigned IP shall remain confidential and be used solely for the purposes intended.

9.2 Non-Disclosure by Assignor. Assignor agrees not to disclose or use any assigned trade secrets except as may be required by law or court order.

10. INDEMNIFICATION

10.1 Assignor's Indemnification. Assignor agrees to indemnify, defend, and hold harmless Assignee from and against any and all claims, damages, losses, costs, and expenses (including reasonable attorneys' fees) arising from:

a) Any breach of Assignor's representations, warranties, or covenants herein;

b) Any claim that the Assigned IP infringes third-party rights;

c) Any use of the Assigned IP by Assignor prior to the effective date of this Agreement.

10.2 Assignee's Indemnification. [ASSIGNEE INDEMNIFICATION PROVISIONS IF ANY]

11. ENFORCEMENT AND LITIGATION

11.1 Right to Enforce. Assignee shall have the sole right to enforce the Assigned IP against infringers, including the right to:

a) Institute legal proceedings for infringement;

b) Settle infringement claims;

c) License the Assigned IP to third parties;

d) Collect damages for infringement occurring before and after the assignment date.

11.2 Prior Infringement. Assignee shall be entitled to all damages and remedies for infringement of the Assigned IP occurring prior to the assignment date.

12. RECORDING AND NOTICE

12.1 Recording Obligations. The parties agree to cooperate in recording this assignment with appropriate governmental agencies, including:

a) The United States Patent and Trademark Office;

b) The United States Copyright Office;

c) Corresponding foreign intellectual property offices;

d) Any other applicable registration authorities.

12.2 Recording Costs. [WHO BEARS RECORDING COSTS] shall bear the costs of recording this assignment.

13. MISCELLANEOUS PROVISIONS

13.1 Governing Law. This Agreement shall be governed by and construed in accordance with the laws of [GOVERNING LAW STATE], without regard to its conflict of law principles.

13.2 Jurisdiction. Any disputes arising under this Agreement shall be subject to the exclusive jurisdiction of the state and federal courts located in [JURISDICTION].

13.3 Entire Agreement. This Agreement constitutes the entire agreement between the parties with respect to the subject matter hereof and supersedes all prior negotiations, agreements, and understandings.

13.4 Amendment. This Agreement may only be amended by a written instrument signed by both parties.

13.5 Severability. If any provision of this Agreement is held to be unenforceable, the remaining provisions shall remain in full force and effect.

13.6 Assignment. This Agreement shall be binding upon and inure to the benefit of the parties' successors and assigns.

SIGNATURES

IN WITNESS WHEREOF, the parties have executed this Intellectual Property Assignment Agreement as of the date first written above.

ASSIGNOR:

[ASSIGNOR NAME]

Title: [TITLE IF APPLICABLE]

Date: June 4, 2025

ASSIGNEE:

[ASSIGNEE NAME]

By: [SIGNATORY NAME]

Title: [TITLE]

Date: June 4, 2025

STATE OF [STATE]

COUNTY OF [COUNTY]

On this [DAY] day of [MONTH], [YEAR], before me personally appeared [ASSIGNOR NAME], who proved to me on the basis of satisfactory evidence to be the person whose name is subscribed to the within instrument and acknowledged to me that he/she executed the same in his/her authorized capacity, and that by his/her signature on the instrument the person, or the entity upon behalf of which the person acted, executed the instrument.

I certify under PENALTY OF PERJURY under the laws of the State of [STATE] that the foregoing paragraph is true and correct.

WITNESS my hand and official seal.

Signature of Notary Public

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