“
Assigned Rights
” can be defined differently in different contracts. We have crowd-sourced different ways of defining the same term, so that you can find and choose the right definition for your needs.
Below are all the legal and contractual definitions for the term “
Assigned Rights
" found within legal contracts contributed to The Genie Community.
All those below are used by lawyers, in-house legal counsel, startups and business owners alike.
Note: These definitions may differ between geographies, company size and contract category.
all existing and future Future facing aspects may not be appropriate, particularly if the founder IP assignment is to be aligned with the founder entering into a services agreement (which should contain its own IP assignment provisions) Intellectual Property Rights that have been (or will be) created or are otherwise owned by the Assignor that: (i) arose (or will arise) as a result of any work done for the Assignee in his role as founder or in the course of any other engagement with the Assignee; or (ii) are used by the Assignee in its business, in each case This is broadly drafted and may need to be tailored to exclude any founder IP which should not be assigned across. Typically the company (and its investors) will expect a broad definition here. The assignee would need to consider the impact of any carve outs on the intended business of the company irrespective of whether the Intellectual Property Rights were created before or after the formation of the Assignee;
any and all Intellectual Property Rights, including all past, present and future rights, that have arisen or will arise in the name of the Assignor as a result of any work done for the Assignee or during the Engagement.
the Works and all existing and future The Parties should consider whether this assignment should also be future facing (particularly if Works are still being created) Intellectual Property Rights embodied in the Works;
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