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Technology Assignment Agreement
"I need a Technology Assignment Agreement under Austrian law for transferring ownership of our AI-powered predictive maintenance software, including all associated patents and source code, from our Vienna-based startup to a major manufacturing company, with completion planned for March 2025."
1. Parties: Identification of the Assignor and Assignee with full legal details
2. Background: Context of the technology development and purpose of the assignment
3. Definitions: Key terms including Technology, Intellectual Property Rights, Documentation, and Technical Information
4. Assignment: Core provisions detailing the transfer of rights and technology
5. Consideration: Payment terms and conditions for the technology assignment
6. Delivery and Implementation: Process and timeline for transferring the technology and associated materials
7. Representations and Warranties: Assignor's confirmations regarding ownership, right to assign, and technology characteristics
8. Confidentiality: Obligations regarding confidential information protection
9. Further Assurance: Obligations to execute additional documents and provide assistance
10. Governing Law and Jurisdiction: Specification of Austrian law application and dispute resolution
11. General Provisions: Standard boilerplate clauses including notices, entire agreement, and severability
1. Employee Inventions: Required when the technology was developed by employees, addressing requirements under Austrian Employee Inventions Act
2. Future Improvements: Optional section dealing with rights to future modifications and improvements
3. Third Party Rights: Required when the technology incorporates or depends on third-party components
4. Data Protection: Required when the technology involves personal data processing
5. Training and Support: Optional section for cases where technical training or support is part of the assignment
6. Non-Competition: Optional restrictions on Assignor's future activities, subject to Austrian competition law
7. Tax Provisions: Required for international assignments or complex tax implications
8. Export Control: Required when the technology is subject to export control regulations
1. Schedule 1 - Technology Description: Detailed technical description of the assigned technology
2. Schedule 2 - Intellectual Property Rights: List of patents, copyright registrations, and other formal IP rights
3. Schedule 3 - Technical Documentation: List of all documentation, manuals, and technical materials included
4. Schedule 4 - Payment Schedule: Detailed breakdown of payment terms and milestones
5. Schedule 5 - Delivery Protocol: Specific procedures and requirements for technology transfer
6. Appendix A - Third Party Licenses: Copies or details of relevant third-party licenses
7. Appendix B - Employee Confirmations: Required confirmations from involved employees under Austrian law
Authors
Intellectual Property Rights
Technical Information
Documentation
Effective Date
Completion Date
Assigned Rights
Improvements
Know-How
Patent Rights
Copyright
Trade Secrets
Technical Specifications
Source Code
Object Code
Associated Materials
Confidential Information
Third Party Rights
Employee Inventions
Background IP
Foreground IP
Implementation Period
Technical Data
Derivative Works
Related Rights
Assignment Territory
Technical Assistance
Delivery Protocol
Licensed Software
Development Tools
Technical Standards
Proprietary Information
Associated Patents
Transfer Date
Acceptance Tests
Intellectual Property
Confidentiality
Warranties and Representations
Payment
Transfer and Delivery
Further Assurance
Non-Competition
Employee Rights
Third Party Rights
Data Protection
Technical Support
Export Control
Tax
Force Majeure
Governing Law
Dispute Resolution
Indemnification
Implementation
Training
Improvements
Documentation
Acceptance Testing
Technical Specifications
Know-How Transfer
Source Code
Patent Rights
Trade Secrets
Liability
Termination
Notices
Entire Agreement
Assignment and Succession
Severability
Amendment
Waiver
Information Technology
Software Development
Biotechnology
Manufacturing
Automotive
Electronics
Telecommunications
Research and Development
Pharmaceuticals
Medical Devices
Clean Technology
Artificial Intelligence
Industrial Automation
Consumer Electronics
Defense Technology
Legal
Intellectual Property
Research and Development
Innovation
Commercial
Technology Transfer
Corporate Development
Patent
Information Technology
Product Development
Chief Technology Officer
Head of Legal
Intellectual Property Counsel
Legal Counsel
Technology Transfer Manager
Research Director
Innovation Manager
Patent Attorney
Commercial Director
Head of Research and Development
Chief Executive Officer
Chief Legal Officer
Technology Licensing Manager
Contracts Manager
Legal Operations Manager
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