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Assignment Of Patent Rights Agreement
"I need an Assignment of Patent Rights Agreement to transfer ownership of our pharmaceutical manufacturing patent (NZ Patent No. 123456) from TechPharm Ltd to BioScience Solutions Ltd, with the transfer to be completed by March 2025 for a one-time payment of NZD 500,000."
1. Parties: Identifies and provides full details of the Assignor and Assignee, including their legal status and registered addresses
2. Background: Establishes the context of the agreement, including the Assignor's ownership of the patent rights and the intention to transfer these rights to the Assignee
3. Definitions: Defines key terms used throughout the agreement, including 'Patent Rights', 'Effective Date', 'Intellectual Property Rights', and other relevant terms
4. Assignment: Core section detailing the transfer of all rights, title, and interest in the patent rights from Assignor to Assignee
5. Consideration: Specifies the payment or other consideration for the assignment of the patent rights
6. Assignor's Warranties: Warranties regarding ownership, right to assign, validity of patents, and absence of encumbrances or third-party claims
7. Further Assurance: Obligation to execute additional documents and take necessary steps to perfect the assignment
8. Registration: Provisions regarding the registration of the assignment with the Intellectual Property Office of New Zealand
9. Confidentiality: Obligations regarding confidential information related to the patent rights
10. Governing Law and Jurisdiction: Specifies New Zealand law as governing law and jurisdiction for disputes
1. Surviving Rights: Used when certain patent rights or licenses need to be retained by the Assignor
2. Foreign Patent Rights: Include when the patent has international registrations or pending applications in other jurisdictions
3. Technology Transfer: Required when technical knowledge or know-how needs to be transferred along with the patent rights
4. Ongoing Technical Assistance: Include when the Assignor agrees to provide continued technical support or consultation
5. Tax Provisions: Include specific tax-related provisions when the assignment has significant tax implications
6. Competition Law Compliance: Include when the assignment might raise competition law concerns
7. Improvements: Used when future improvements to the patented technology need to be addressed
1. Schedule 1 - Patent Rights: Detailed description of the patents being assigned, including patent numbers, jurisdictions, and status
2. Schedule 2 - Payment Terms: Detailed payment structure if the consideration involves installments or milestone payments
3. Schedule 3 - Technical Documentation: List of all technical documents, drawings, and specifications related to the patent
4. Appendix A - Power of Attorney: Form of power of attorney for registration purposes
5. Appendix B - Assignment Recording Form: Standard form required by the Intellectual Property Office of New Zealand for recording the assignment
Authors
Assignee
Assignor
Assignment Date
Confidential Information
Effective Date
Encumbrance
Further Assurance
Improvements
Intellectual Property Rights
IPONZ
Know-How
Licensed Products
Patent Applications
Patent Rights
Patents
Patent Documentation
Prior Art
Related Rights
Signing Date
Technical Information
Territory
Third Party Rights
Trade Secrets
Working Day
Assignment
Consideration
Registration
Warranties
Further Assurance
Confidentiality
Intellectual Property
Technical Assistance
Representations
Patent Prosecution
Improvements
Indemnification
Transfer of Rights
Competition Law Compliance
Tax
Notices
Amendment
Severability
Entire Agreement
Waiver
Force Majeure
Governing Law
Dispute Resolution
Costs
Assignment and Transfer
Third Party Rights
Counterparts
Survival
Technology
Pharmaceuticals
Biotechnology
Manufacturing
Engineering
Research and Development
Chemical Industry
Medical Devices
Software Development
Telecommunications
Clean Energy
Agricultural Technology
Legal
Intellectual Property
Research and Development
Executive Leadership
Technology Transfer
Business Development
Corporate Strategy
Innovation
Patent Administration
Scientific Affairs
Intellectual Property Lawyer
Patent Attorney
Legal Counsel
Chief Technology Officer
Research and Development Director
Innovation Manager
Chief Executive Officer
Chief Legal Officer
Technology Transfer Manager
Intellectual Property Manager
Corporate Counsel
Business Development Director
Chief Scientific Officer
Patent Administrator
Licensing Manager
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