An inventor usually files a patent application to protect his or her rights in an invention. Once a patent is issued, there are instances in which the inventor desires to assign the patent interests to another. This Assignment of Patent will effectively transfer any and all rights in a patent. This assignment sets out the specific terms of the agreement including a description of the invention and the consideration paid for ownership in the patent. A written Assignment of Patent will be helpful if there are future questions or concerns regarding a patent’s ownership.

This Assignment of Patent contains the following provisions:

• Parties: Sets out the identities and business addresses of the parties;
• Patent: A brief description of the invention and patent number;
• Assignment: Assignor assigns all rights and interests in the patent to assignee;
• Payment: The amount paid by assignee for ownership of the patent;
• Signatures: Both assignor and assignee must sign the agreement in the presence of witnesses.

Protect your Rights and Property by using our attorney-prepared up-to-date forms.

This attorney-prepared packet contains:

1. General Instructions
2. Assignment of Patent

State Law Compliance: This form complies with the laws of all states