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Assignment Agreement

Assignment Agreement

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368 People purchased

4.4 LegalKart reviews and ratings

Assignment Agreement

Assignment Agreement

LegalKart reviews and ratings LegalKart reviews and ratings LegalKart reviews and ratings LegalKart reviews and ratings LegalKart reviews and ratings 4.4 / 5 ( 1707 Reviews)
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368 People purchased

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IP Assignment Agreement

IP Assignment Agreement is a written agreement between two parties in which a property owner (known as assignor) transfers the complete ownership in a subject matter to another party (known as assignee).

 

All subject matters of the intellectual property rights, such as music, design, artwork, photograph, video, sound, etc. can be assigned by the owner of such material.

 

The terms of the transfer have to be clearly captured in the agreement to avoid any ambiguity.

Contents of IP Assignment Agreement

A well drafted IP Assignment Agreement contains the following:-

- Details about the subject matter being transferred

- Mode of payment

- Representation and warranty

- Indemnification

- Limitation of liability

- Grounds of termination

- Severability

- Waiver

- Other legal clauses

 

Laws governing IP Assignment Agreements in India

The different laws which govern various aspects of IP Assignment Agreements in India are as follows:

  • The Indian Contract Act, 1872
  • Copyright Act, 1957
  • Trade Marks Act, 1999
  • Design Act, 2000
  • Patents Act, 1970
  • Competition Act, 2002
  • Stamp Duty Act (State specific)

Why LegalKart?

  • Senior Expert Lawyers: We will get your document drafted/reviewed by Expert Senior lawyers, skilled in Intellectual Property Laws. You can track the progress of your document on our platform at all times.
  • 4.5 Customer Score: Clients are delighted with our service! They have consistently rated us high because of our focus on delivering quality output and providing regular updates.
  • Responsible Delivery: Our team of experienced business advisors are just a phone call away. Our team will ensure that your interaction with the expert lawyer is smooth and seamless and the document draft is delivered to you within the committed timeline.

Deliverables

Our standard deliverables for every document drafting includes:

  • 60 Minutes of Talk-Time with the Lawyer for drafting/reviewing the Agreement
  • First draft of the documents will be delivered to you within a maximum of 2 working days
  • Post-delivery of the first draft – Iterations in the master Document to incorporate your suggestions/changes

Agreeements & Contracts

Assignment Agreement

₹6499

₹ 12999 (50% Off) ₹6500 Save

Gross Total

₹6499

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Assignment Agreement drafting 

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Frequently Asked Question

Waht is the difference between licensing and assignment?

The primary difference between the two is that a License allows the Licensor to maintain their rights and interest in their IP, whereas an Assignment transfers all of the Assignors rights to their IP and assigns it to the Assignee.

Would I retain any right in the property after assigning the same?

No, under Assignment, you will trasnfer all your rights in the subject matter in favour of the assignee.

I want to earn royalty payments through my intellectual property. Should I execute this Agreement?

No. In that case, you should execute Licensing Agreement.

Does this Agreement require to be stamped?

Yes.

 

The document has to be stamped according to relevant Stamp Duty Act (which is state specific).

Can I revoke the transfer afterwards?

No. You cannot revoke the transfer unless you include a provision to that effect in the IP Assignment Agreement.

What our users have to say

4.4 LegalKart reviews and ratings
Assignment Agreement

Assignment Agreement

LegalKart reviews and ratings LegalKart reviews and ratings LegalKart reviews and ratings LegalKart reviews and ratings LegalKart reviews and ratings 4.4 / 5 ( 1707 Reviews)
People purchased

368 People purchased

Agreeements & Contracts

Assignment Agreement

₹6499

₹ 12999 (50% Off) ₹6500 Save

Gross Total

₹6499

Deliverables *

Assignment Agreement drafting 

consultation call with the expert lawyer

Show More Deliverables Points
Show Less Deliverables Points

We Accept

LegalKart Payment Gateways