Read: Financing models for example for investors and entrepreneurs in Ontario These assignment agreements apply to the transfer of rights to software, copyright or other intellectual property rights. Use them where you want a direct sale, not a license. I also agree that my obligation of performance or performance, if in my power, persists after the termination of this intellectual property assignment treaty. This is an agreement for a buyer and seller of rights to any audiovisual creative work. None of the parties is privileged. The work could be a film, a television production, an advertising production. We assume that the buyer needs full control so that he can mark and market it as his own, so that the agreement is a sale and not a license. Payment is partly in cash and partly in shares in the purchasing company. Edit for a direct cash deal. IP is everywhere around us. The inventions and products we use every day all started as an IP. IP is what you create, invent or develop as a result of your intellectual activity.
IP is valuable, and just like other types of property you own, it comes with legal rights. An assignment is a document that transfers ownership of a contract or property (i.e., from an assignor to an assignment recipient) from one party to another. . . .