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1. Parties: Identification of the seller and purchaser, including full legal names and registered addresses
2. Background: Context of the agreement, ownership status of the IP, and purpose of the transfer
3. Definitions and Interpretation: Definitions of key terms and interpretation rules for the agreement
4. Sale and Purchase: Core terms of the sale, including what is being sold and the nature of the transfer
5. Purchase Price: Amount payable and payment terms, including any adjustments or earn-out mechanisms
6. Completion: Details of when and how the transfer will complete, including delivery of documents
7. Seller's Warranties: Warranties regarding ownership, validity, and non-infringement of the IP rights
8. IP Specific Warranties: Detailed warranties specific to each type of IP being transferred
9. Tax: Treatment of tax implications and responsibilities
10. Confidentiality: Obligations regarding confidential information and trade secrets
11. Further Assurance: Obligations to execute further documents and assist with IP transfer processes
12. Notices: How formal notices under the agreement should be given
13. General Provisions: Standard boilerplate clauses including governing law, entire agreement, and variation
1. Earn-out Provisions: Details of any performance-based additional payments, used when part of the purchase price is contingent on future performance
2. Employee and Contractor Obligations: Required when IP was created by employees or contractors and additional assignments are needed
3. Third Party Consents: Used when the IP transfer requires consent from third parties
4. Transitional Services: Include when the seller needs to provide ongoing support or services post-completion
5. Non-Competition: Restrictions on seller's future activities, used when necessary to protect the purchased IP
6. Customer and Supplier Contracts: Required when IP-related contracts need to be assigned or novated
7. International Rights: Special provisions for IP rights in other jurisdictions, if applicable
8. Security Interest Provisions: Required when payment is deferred or security is required
1. Schedule 1 - Intellectual Property Rights: Detailed list and description of all IP being transferred, including registration numbers
2. Schedule 2 - Excluded Assets: List of any IP or related rights specifically excluded from the transfer
3. Schedule 3 - Completion Obligations: List of all documents and actions required at completion
4. Schedule 4 - Seller's Warranties: Detailed warranties relating to the IP and business
5. Schedule 5 - Existing Licenses: Details of any existing licenses, permissions or encumbrances affecting the IP
6. Appendix A - Assignment Documents: Form of IP assignment documents required for registration
7. Appendix B - Payment Mechanics: Detailed payment procedures and calculations if complex payment structures apply
8. Appendix C - Disclosure Letter: Seller's disclosures against the warranties
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