Assignment of Interest in Patent

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This Assignment of Patent will assign all interests in a patent from the present owner to another party. The assignment sets out the terms of the agreement including the consideration paid for ownership of the patent. This form is for use in all states and is ready for immediate download.

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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
This is the content of the form and is provided for your convenience. It is not necessarily what the actual form looks like and does not include the information, instructions and other materials that come with the form you would purchase. An actual sample can also be viewed by clicking on the "Sample Form" near the top left of this page.








FindLegalForms.com
Assignment of Patent
Information
This form provided under agreement with copyright holder,
© Lawgical Solutions, Ltd. 2006


Note: The form you purchased includes some interactive features.  Please read the following which will provide you with valuable information for the creation of your document.


1.   Enabling Macros:  A prompt may appear indicating that the document contains macros. These macros will help you with the creation of your document. Choose “Enable Macros” to continue into the document.

2.   Inputting Requested Information:  Shaded grey boxes in the document indicate the places that require specific information. Use the “Tab” key or your mouse to move between these shaded areas. You will be prompted to input the requested information in one of three ways:

(a)   the text in the status bar located at the bottom of the Microsoft Word window will tell you what needs to be entered; or

(b)   the shaded area itself will tell you what needs to be entered; or

(c)   a drop down box will appear giving you choices as to what needs to be entered.

3.   Editing the Form:  If you would like to alter any of the non-shaded text in the document, you will need to select “Tools" from the menu bar and then click on “unprotect document.” This will allow you to change as much or as little of the document as you would like.  Please note that if you attempt to “protect document” after making changes, those changes may be lost.

For your convenience and ease of use, if the form you purchased includes numbered paragraphs, it uses the outline paragraph numbering feature of Word.  Therefore if you insert/delete a numbered paragraph, Word will automatically renumber the form for you.  If you experience any problems with the paragraph numbering feature or if you are unfamiliar with how the feature works, please consult your Word users manual or online help.

4.   READ THE FORM CAREFULLY!  


Disclaimer

No Attorney-Client relationship is created by use of these materials.  FindLegalForms, Inc. does not provide legal advice.  The purchase and use of these materials is subject to the “Disclaimers and Terms of Use” found at findlegalforms.com.

These materials are provided "AS-IS.”  We do not give any express or implied warranties of merchantability, suitability or completeness for any of the materials for your particular needs. The materials are used at your own risk. In no event will: i) FindLegalForms, Inc, its agents, partners, or affiliates, or ii) the providers, authors or publishers of the forms, be responsible or liable for any direct, indirect, incidental, special, exemplary, or consequential damages (including, but not limited to, procurement of substitute goods or services; loss of use, data, or profits; or business interruption) however caused and on any theory of liability, whether in contract, strict liability, or tort (including negligence or otherwise) arising in any way out of the use of these materials.

An attorney should be consulted for all serious legal matters.

1.   



Assignment of Patent
THIS AGREEMENT made as of [Date of Agreement (ie. July 1, 2002)] between [Name of Assignor] (the "Assignor") of [Address of Assignor] and [Name of Assignee] (the "Assignee") of [Address of Assignee].
WHEREAS:
(A)   Assignor is the inventor of the patent in the area of [Brief Description of General Area of Patent (ie. optical imaging)] which Patent is more particularly described in Schedule “A” hereto (the "Patent"); and
(B)   Assignor has agreed to assign to Assignee his entire interest in the Patent;
NOW THEREFORE IN CONSIDERATION OF the premises and other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the parties hereby agrees as follows:
1.   The Assignor hereby assigns to the Assignee or its nominee all of his or her right, title and interest in and to the Patent and all rights, privileges, royalties and other interests therein.
2.   As consideration for the assignment of the Patent to the Assignee, the Assignee will pay to the Assignor the sum of [Payment Consideration for Assignment (ie. $25,000)], which shall be paid by cash or bank draft concurrently with the execution of this Agreement.
3.   The Assignor agrees to do, execute and perform such other acts, documents and things as the Assignee may reasonably request in order to give full force and effect to the true meaning and intent of this Assignment, including but not limited to executing such documents as may be necessary or desirable to register, record, perfect or file the assignment of the Patent with public offices and governmental authorities.
4.   This Assignment shall be governed by and construed in accordance with the laws of the State of [State (ie. California)].
5.   This Assignment constitutes the entire agreement between the Assignor and the Assignee relating to the subject matter hereof and stands in the place of any previous agreement, whether oral or in writing. No amendment to this Assignment shall be binding upon the parties unless it is in writing and executed by both parties.
6.   This Assignment will enure to the benefit of and be binding upon the heirs, executors, successor and assigns of the Assignee.
IN WITNESS WHEREOF the parties have executed this Agreement as of the date first above written.



Witness

[NAME OF ASSIGNOR]




Witness

[NAME OF ASSIGNEE]



Schedule “ADescription of Patent

[Detailed Description of Patent]
Number of Pages5
DimensionsDesigned for Letter Size (8.5" x 11")
EditableYes (.doc, .wpd and .rtf)
UsageUnlimited number of prints
Product number#28649
This is the content of the form and is provided for your convenience. It is not necessarily what the actual form looks like and does not include the information, instructions and other materials that come with the form you would purchase. An actual sample can also be viewed by clicking on the "Sample Form" near the top left of this page.








FindLegalForms.com
Assignment of Patent
Information
This form provided under agreement with copyright holder,
© Lawgical Solutions, Ltd. 2006


Note: The form you purchased includes some interactive features.  Please read the following which will provide you with valuable information for the creation of your document.


1.   Enabling Macros:  A prompt may appear indicating that the document contains macros. These macros will help you with the creation of your document. Choose “Enable Macros” to continue into the document.

2.   Inputting Requested Information:  Shaded grey boxes in the document indicate the places that require specific information. Use the “Tab” key or your mouse to move between these shaded areas. You will be prompted to input the requested information in one of three ways:

(a)   the text in the status bar located at the bottom of the Microsoft Word window will tell you what needs to be entered; or

(b)   the shaded area itself will tell you what needs to be entered; or

(c)   a drop down box will appear giving you choices as to what needs to be entered.

3.   Editing the Form:  If you would like to alter any of the non-shaded text in the document, you will need to select “Tools" from the menu bar and then click on “unprotect document.” This will allow you to change as much or as little of the document as you would like.  Please note that if you attempt to “protect document” after making changes, those changes may be lost.

For your convenience and ease of use, if the form you purchased includes numbered paragraphs, it uses the outline paragraph numbering feature of Word.  Therefore if you insert/delete a numbered paragraph, Word will automatically renumber the form for you.  If you experience any problems with the paragraph numbering feature or if you are unfamiliar with how the feature works, please consult your Word users manual or online help.

4.   READ THE FORM CAREFULLY!  


Disclaimer

No Attorney-Client relationship is created by use of these materials.  FindLegalForms, Inc. does not provide legal advice.  The purchase and use of these materials is subject to the “Disclaimers and Terms of Use” found at findlegalforms.com.

These materials are provided "AS-IS.”  We do not give any express or implied warranties of merchantability, suitability or completeness for any of the materials for your particular needs. The materials are used at your own risk. In no event will: i) FindLegalForms, Inc, its agents, partners, or affiliates, or ii) the providers, authors or publishers of the forms, be responsible or liable for any direct, indirect, incidental, special, exemplary, or consequential damages (including, but not limited to, procurement of substitute goods or services; loss of use, data, or profits; or business interruption) however caused and on any theory of liability, whether in contract, strict liability, or tort (including negligence or otherwise) arising in any way out of the use of these materials.

An attorney should be consulted for all serious legal matters.

1.   



Assignment of Patent
THIS AGREEMENT made as of [Date of Agreement (ie. July 1, 2002)] between [Name of Assignor] (the "Assignor") of [Address of Assignor] and [Name of Assignee] (the "Assignee") of [Address of Assignee].
WHEREAS:
(A)   Assignor is the inventor of the patent in the area of [Brief Description of General Area of Patent (ie. optical imaging)] which Patent is more particularly described in Schedule “A” hereto (the "Patent"); and
(B)   Assignor has agreed to assign to Assignee his entire interest in the Patent;
NOW THEREFORE IN CONSIDERATION OF the premises and other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the parties hereby agrees as follows:
1.   The Assignor hereby assigns to the Assignee or its nominee all of his or her right, title and interest in and to the Patent and all rights, privileges, royalties and other interests therein.
2.   As consideration for the assignment of the Patent to the Assignee, the Assignee will pay to the Assignor the sum of [Payment Consideration for Assignment (ie. $25,000)], which shall be paid by cash or bank draft concurrently with the execution of this Agreement.
3.   The Assignor agrees to do, execute and perform such other acts, documents and things as the Assignee may reasonably request in order to give full force and effect to the true meaning and intent of this Assignment, including but not limited to executing such documents as may be necessary or desirable to register, record, perfect or file the assignment of the Patent with public offices and governmental authorities.
4.   This Assignment shall be governed by and construed in accordance with the laws of the State of [State (ie. California)].
5.   This Assignment constitutes the entire agreement between the Assignor and the Assignee relating to the subject matter hereof and stands in the place of any previous agreement, whether oral or in writing. No amendment to this Assignment shall be binding upon the parties unless it is in writing and executed by both parties.
6.   This Assignment will enure to the benefit of and be binding upon the heirs, executors, successor and assigns of the Assignee.
IN WITNESS WHEREOF the parties have executed this Agreement as of the date first above written.



Witness

[NAME OF ASSIGNOR]




Witness

[NAME OF ASSIGNEE]



Schedule “ADescription of Patent

[Detailed Description of Patent]
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Reviews: 2


San Jose,

CA

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Thank you for your excellent services. My legal documment worked out fine. I was able to edit the form to my needs.


Palm Desert,

CA

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Found it to be very useful in organizing my thoughts in relation to a potential patent assignment, and liked the way in which it could be modified to suit particular needs and circumstances.


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