Confirmatory Assignment Agreement Template for Austria

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Key Requirements PROMPT example:

Confirmatory Assignment Agreement

"I need a Confirmatory Assignment Agreement under Austrian law to formalize a software IP rights transfer that occurred informally between our startup and our parent company in January 2025, including provisions for ongoing development and improvement rights."

Document background
The Confirmatory Assignment Agreement is a crucial document used in Austrian business and legal practice to formalize and confirm previous transfers of rights that may have occurred informally or require additional documentation. This type of agreement is particularly common in situations involving intellectual property rights, employee inventions, or corporate restructuring where rights need to be clearly documented for legal certainty or registration purposes. The agreement provides detailed confirmation of the original transfer, specifies the exact rights being assigned, and includes necessary representations and warranties under Austrian law. It is frequently used in corporate transactions, IP portfolios management, and employment-related intellectual property transfers where formal documentation is required for regulatory compliance or third-party due diligence.
Suggested Sections

1. Parties: Identification of the Assignor and Assignee with full legal names and addresses

2. Background: Context of the original transfer/assignment and why this confirmatory assignment is needed

3. Definitions: Definitions of key terms used in the agreement, including specific description of the rights/property being assigned

4. Confirmation of Assignment: Express confirmation of the previous assignment and its effective date

5. Scope of Assignment: Detailed description of exactly what rights are being assigned and any territorial limitations

6. Representations and Warranties: Assignor's confirmation of ownership, right to assign, and no encumbrances

7. Further Assurance: Obligation to execute additional documents and assist with registrations if needed

8. Governing Law and Jurisdiction: Confirmation of Austrian law application and jurisdiction for disputes

9. Execution: Signature blocks and execution requirements

Optional Sections

1. Consideration: Required if there is any new consideration for the confirmatory assignment

2. Registration and Recordal: Include if the assigned rights require registration with authorities

3. Tax Provisions: Include if there are specific tax implications or arrangements

4. Confidentiality: Include if there are confidentiality obligations regarding the assigned rights

5. Employee Acknowledgments: Include if the assignment involves employee-created works or inventions

6. Third Party Rights: Include if there are any third party rights or licenses that need to be addressed

7. Severability: Optional boilerplate provision for contract validity

8. Notices: Include if ongoing notifications between parties may be needed

Suggested Schedules

1. Schedule 1 - Details of Original Assignment: Details of when and how the original transfer occurred

2. Schedule 2 - Description of Assigned Rights: Detailed description of the intellectual property or other rights being assigned

3. Schedule 3 - Existing Licenses or Encumbrances: List of any existing licenses, permissions, or encumbrances affecting the assigned rights

4. Schedule 4 - Required Registrations: List of registrations or recordals needed to perfect the assignment

5. Appendix A - Copies of Original Documents: Copies of any relevant original transfer documentation

6. Appendix B - Power of Attorney: If needed for registration purposes

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions
Relevant Industries

Technology

Pharmaceuticals

Biotechnology

Research and Development

Creative Industries

Software Development

Manufacturing

Education

Media and Entertainment

Healthcare

Telecommunications

Engineering

Relevant Teams

Legal

Intellectual Property

Research and Development

Innovation

Corporate Development

Technology Transfer

Compliance

Business Development

Patents and Trademarks

Scientific Affairs

Contracts Administration

Relevant Roles

Legal Counsel

Intellectual Property Manager

Patent Attorney

Research Director

Technology Transfer Officer

Innovation Manager

Corporate Lawyer

Contracts Manager

Chief Technology Officer

Research Scientist

IP Portfolio Manager

General Counsel

Chief Legal Officer

Business Development Manager

Chief Executive Officer

Industries
Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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