Intellectual Property Assignment Agreement Template for Indonesia

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Key Requirements PROMPT example:

Intellectual Property Assignment Agreement

"I need an Intellectual Property Assignment Agreement under Indonesian law for transferring a software patent and related source code from my tech startup to a multinational corporation, with provisions for ongoing technical support until March 2025."

Document background
An Intellectual Property Assignment Agreement is essential when transferring ownership of intellectual property rights in Indonesia, whether in corporate transactions, employee-employer relationships, or independent business arrangements. This document type is crucial for companies and individuals looking to acquire or transfer IP rights while ensuring compliance with Indonesian legal requirements. The agreement covers various forms of intellectual property including patents, trademarks, copyrights, and industrial designs, and must address specific aspects of Indonesian IP law such as moral rights and local registration procedures. It's particularly important in business acquisitions, technology transfers, and when securing IP rights from employees or contractors. The document must be structured to meet the requirements of relevant Indonesian IP legislation and should include proper registration procedures with the Indonesian Directorate General of Intellectual Property.
Suggested Sections

1. Parties: Identification of the Assignor and Assignee, including full legal names, addresses, and company registration details if applicable

2. Background: Context of the assignment, relationship between parties, and brief description of the intellectual property being transferred

3. Definitions: Definitions of key terms including 'Intellectual Property Rights', 'Effective Date', 'Assignment', and specific IP-related terms

4. Assignment and Transfer: Core provision detailing the transfer of rights, specifically stating that all rights, title, and interest in the IP are being transferred absolutely

5. Consideration: Details of payment or other consideration for the assignment

6. Representations and Warranties: Assignor's warranties regarding ownership, right to transfer, non-infringement, and absence of encumbrances

7. Further Assurance: Obligation to execute additional documents and assist with IP registration transfer

8. Registration: Provisions regarding the registration of the assignment with relevant Indonesian IP offices

9. Confidentiality: Obligations regarding confidential information disclosed during the assignment process

10. Governing Law and Jurisdiction: Specification of Indonesian law as governing law and jurisdiction for disputes

11. Execution: Signature blocks and execution requirements

Optional Sections

1. Moral Rights: For copyright assignments, specific provisions addressing the treatment of moral rights under Indonesian law

2. Third Party Rights: Provisions addressing any third-party licenses or permissions required

3. Tax Provisions: Specific provisions regarding tax implications and responsibilities for the assignment

4. Non-Competition: Restrictions on Assignor's future use of similar IP or competition with Assignee

5. Survival: Specification of which provisions survive termination of the agreement

6. Language Requirements: Provisions regarding Indonesian language version and prevailing language in case of disputes

7. Employee/Contractor Obligations: Additional provisions when the IP was created by employees or contractors

Suggested Schedules

1. Schedule 1 - Intellectual Property Description: Detailed description of all IP being assigned, including registration numbers where applicable

2. Schedule 2 - Existing Licenses: List of any existing licenses, permissions, or encumbrances affecting the IP

3. Schedule 3 - Assignment Forms: Specific forms required for recording the assignment with Indonesian IP offices

4. Schedule 4 - Payment Terms: Detailed payment schedule and terms if consideration is not paid in full at signing

5. Appendix A - IP Documentation: Copies of registration certificates and other relevant IP documentation

6. Appendix B - Chain of Title: Documentation showing chain of ownership of the IP up to the current assignment

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 Industries

Technology

Software Development

Manufacturing

Creative Industries

Media and Entertainment

Pharmaceuticals

Biotechnology

Consumer Goods

Fashion and Design

Research and Development

Education

Consulting Services

Industrial Design

Automotive

Electronics

Relevant Teams

Legal

Intellectual Property

Research and Development

Innovation

Corporate Affairs

Compliance

Business Development

Technology Transfer

Product Development

Corporate Governance

Relevant Roles

Legal Counsel

Intellectual Property Lawyer

Corporate Lawyer

Patent Attorney

Trademark Attorney

Chief Legal Officer

Chief Technology Officer

Research and Development Director

Innovation Manager

Business Development Manager

Technology Transfer Officer

Compliance Officer

Contract Manager

Company Secretary

Chief Executive Officer

Chief Innovation 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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