Confirmatory Assignment Agreement Template for Australia
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What is a Confirmatory Assignment Agreement?
A Confirmatory Assignment Agreement in Australia formally records an assignment of intellectual property or contractual rights that has already taken place informally. It satisfies statutory writing requirements under the Copyright Act 1968, Patents Act 1990, and Trade Marks Act 1995, and enables the assignee to update official registers held by IP Australia. These agreements are commonly used in startup due diligence to confirm that founders have properly transferred IP to their companies, and to remedy gaps left by informal oral arrangements.
About the Confirmatory Assignment Agreement
A Confirmatory Assignment Agreement is a legal document that formally confirms and strengthens the documentation of a previously executed transfer of rights. This agreement is particularly crucial in intellectual property transactions where you need to establish clear, undisputable evidence of ownership transfer under United States law.
When do you need this document?
You'll need a Confirmatory Assignment Agreement when the original transfer of rights was executed through informal means, such as verbal agreements, emails, or inadequately documented transfers. This situation commonly arises in employment contexts where intellectual property is developed during the course of work, startup environments where founders transfer rights informally, or acquisition scenarios where due diligence reveals gaps in IP documentation. The agreement is also essential when preparing for patent applications, trademark registrations, or copyright transfers that require clear chain of title documentation. Additionally, you may need this document when licensing intellectual property to third parties who require confirmed ownership documentation.
Key legal considerations
The agreement must include specific representations and warranties from the assignor confirming their ownership and authority to transfer the rights. You should ensure the document clearly identifies all parties involved, including their full legal names and addresses. The confirmation clause should expressly state that the previous transfer is being confirmed and ratified. Include comprehensive definitions of key terms such as "Assigned Rights" and "Original Assignment" to prevent ambiguity. The further assurances provision is critical, requiring the assignor to take additional actions necessary to perfect the assignment. Consider including provisions for the execution of additional documents if required by patent offices, trademark offices, or copyright registrations. Address any consideration requirements under applicable state contract law, even if nominal consideration is involved.
Legal requirements in United States
Under the Federal Patent Act (35 U.S.C.), patent assignments must be in writing and are invalid against subsequent purchasers without notice unless recorded in the USPTO within three months or prior to subsequent purchase. The Federal Copyright Act (17 U.S.C.) requires copyright transfers to be in writing and signed by the copyright owner, with optional recording in the Copyright Office for additional protection. For trademarks, the Federal Trademark Act (15 U.S.C.) mandates written assignments that include the goodwill associated with the mark. State contract law governs the formation and enforcement of the agreement, including consideration requirements and capacity issues. The Defend Trade Secrets Act provides additional protection when the assignment involves confidential information or trade secrets. Ensure compliance with any specific recording requirements in relevant intellectual property offices to maintain priority against subsequent transferees and establish clear public record of the assignment.
GOVERNING LAW
Applicable law
This Confirmatory Assignment Agreement is drafted to comply with Australia law. Key legislation includes:
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