Intellectual Property Assignment Agreement
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Intellectual property assignment agreement
An intellectual property assignment agreement provides assurance to investors that the founders have legally transferred to the company the intellectual property required to run the business.
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An Intellectual Property Assignment Agreement is a document that ensures the transfer of intellectual property rights in a work of intellectual property (such as an invention, design, pattern, trademark, trade name, logo, trade secret, or any other original creation) from the originator or owner of the work to another party. The party who owns the intellectual property and is assigning their rights in the property is the Assignor, while the party receiving the intellectual property rights is the Assignee.
