Therefore, for valuable consideration, the receipt of which is acknowledged, Assignor assigns to Assignee ____% [insert percentage of interest that is being assigned - it can be less than 100%, but it cannot be more than 100%] of his or her right, title and interest in the invention and Patent to Assignee for the entire term of the Patent and any reissues or extensions and for the entire terms of any patents, reissues, or extensions that may issue from foreign applications, divisions, continuations in whole or part, or substitute applications filed claiming the benefit of the Patent.
The right, title, and interest conveyed in this Assignment is to be held and enjoyed by Assignee and Assignee's successors as fully and exclusively as it would have been held and enjoyed by Assignor had this assignment not been made.
If you hold a patent, then you have certain exclusive rights over your particular invention, and those rights have economic value.
By way of background, a patent is a form of intellectual property that gives inventors certain exclusive rights over their inventions.
Of course, you'd want to make sure the agreement is clearly set forth in writing.
Assignment Of Deed Writing A Paper On Customer Service
To help you with this, three sample patent assignment agreements are provided below.They are intended to be used as follows: Before filling out one of these, you should read more about the process of assigning patents and speak with a patent attorney to ensure that you are not giving up any important rights or protections.Patent assignments are complex, and often need customization by an experienced lawyer before use.WITNESS my hand and official seal in _____________ County of ______________ on the date set forth in this certificate.________________________________ Notary Public ___________ [insert name of person or company assigning rights] ("Assignor") is owner of _____________ [insert name of invention], as described in the U. Patent Application signed by Assignor on _____ [insert date you signed your patent application], U. Patent and Trademark office Serial Number: _____, filed ________ [insert filing date], (the "Patent Application").Assignor authorizes the United States Patent and Trademark Office to issue any Patents resulting from the Patent Application to Assignee according to the percentage interest indicated in this assignment.The right, title, and interest is to be held and enjoyed by Assignee and Assignee's successors and assigns as fully and exclusively as it would have been held and enjoyed by Assignor had this assignment not been made.Assignor further agrees to: (a) cooperate with Assignee in the prosecution of the Application and foreign counterparts; (b) execute, verify, acknowledge, and deliver all such further papers, including patent applications and instruments of transfer; and (c) perform such other acts as Assignee lawfully may request to obtain or maintain the Patent for the invention in any and all countries.Date: _______________ ____________________ Assignor [to be completed by notary public] On this _____ day of _________, before me, _________________________, the undersigned Notary Public, personally appeared ____________ ASSIGNOR, personally known to me (or 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 or she executed the same.– this type of agreement can have various names, and is used when a person is paid to provide services but is not hired as an employee. It is not legal advice and should not be regarded as such. Rajah also received his legal training in the corporate law group at Stikeman Elliott LLP in Toronto, as well as internationally for the Technology Media and Telecom group in the Dubai office of Clyde & Co.Any reliance on the information is solely at the reader’s own risk. Rajah is a Technology and Small Business Lawyer and is counsel for the Venture Law Practice Group at Cobalt Business Counsel, a corporate and securities law practice based in Toronto.