Ƶ

Intellectual Property Purchase Agreement for Austria

Intellectual Property Purchase Agreement Template for Austria

This document is a comprehensive legal agreement governed by Austrian law that facilitates the transfer of intellectual property rights from one party to another. It covers all aspects of the IP transfer transaction, including the precise identification of the intellectual property being sold, purchase price, warranties regarding ownership and validity, transfer mechanics, and post-completion obligations. The agreement incorporates specific provisions required under Austrian intellectual property laws and EU regulations, while addressing key aspects such as registration requirements, existing licenses, and compliance with Austrian commercial code requirements.

Your data doesn't train Genie's AI

You keep IP ownership of your information

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Download a Standard Template

4.6 / 5
4.8 / 5
Access for free
OR

Alternatively: Run an advanced review of an existing
Intellectual Property Purchase Agreement

Let Ƶ's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.

What is a Intellectual Property Purchase Agreement?

The Intellectual Property Purchase Agreement is essential for transactions involving the transfer of valuable IP assets in Austria. It is commonly used when companies or individuals wish to completely transfer ownership of intellectual property rights, such as patents, trademarks, copyrights, or trade secrets. The document ensures compliance with Austrian legal requirements, including the Austrian Civil Code (ABGB), specific IP legislation, and relevant EU regulations. It is particularly important in corporate acquisitions, technology transfers, or when monetizing IP assets. The agreement must address specific Austrian law considerations, such as moral rights in copyright transfers and local registration requirements for certain IP rights. This document type is crucial for providing legal certainty in IP transactions and establishing clear ownership rights under Austrian jurisdiction.

What sections should be included in a Intellectual Property Purchase Agreement?

1. Parties: Identification of the seller and purchaser with full legal details

2. Background: Context of the transaction and brief description of the IP being transferred

3. Definitions and Interpretation: Definitions of key terms and interpretation rules for the agreement

4. Sale and Purchase: Core terms of the transfer including the IP assets being sold and purchased

5. Purchase Price and Payment: Financial terms including purchase price, payment method, and timing

6. Completion: Details of when and how the transfer will be completed, including any conditions precedent

7. Seller's Warranties: Warranties regarding ownership, validity, and non-infringement of the IP

8. IP Specific Warranties: Detailed warranties specific to the type of IP being transferred

9. Third Party Rights: Declarations regarding any third-party rights, licenses, or encumbrances

10. Further Assurance: Obligations to execute additional documents and take further actions if needed

11. Confidentiality: Provisions regarding confidential information and its protection

12. Data Protection: GDPR compliance and data protection obligations

13. Notices: Process for giving formal notices under the agreement

14. Governing Law and Jurisdiction: Confirmation of Austrian law and jurisdiction

15. General Provisions: Standard boilerplate clauses including severability, entire agreement, etc.

What sections are optional to include in a Intellectual Property Purchase Agreement?

1. Earn-out Provisions: 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 who need to confirm transfer

3. Tax Provisions: Detailed tax arrangements when complex tax implications exist

4. Transition Services: When seller needs to provide support services post-completion

5. Non-Competition: Restrictions on seller's future activities, if required

6. IP Registration: Special provisions for registered IP that requires formal transfer at IP offices

7. Source Code Escrow: For software IP where source code needs to be held in escrow

8. License Back: When seller requires continued limited use of the IP

9. Third Party Consents: When specific third party approvals are required for the transfer

What schedules should be included in a Intellectual Property Purchase Agreement?

1. Schedule 1 - Transferred IP: Detailed list and description of all IP being transferred

2. Schedule 2 - Excluded IP: List of any IP specifically excluded from the transfer

3. Schedule 3 - Registered IP: Details of all registered IP including registration numbers

4. Schedule 4 - Existing Licenses: List of all existing licenses and arrangements affecting the IP

5. Schedule 5 - Transfer Documents: Forms and documents required to effect the transfer

6. Schedule 6 - Disclosed Issues: Known issues or limitations with the IP

7. Appendix A - Technical Documentation: Technical specifications and documentation for the IP

8. Appendix B - Payment Schedule: Detailed payment terms and schedules if payment is structured

Authors

Alex Denne

Head of Growth (Open Source Law) @ Ƶ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Jurisdiction

Austria

Publisher

Ƶ

Document Type

Purchase Agreement

Cost

Free to use
Relevant legal definitions














































Clauses











































Relevant Industries

Technology

Software Development

Pharmaceuticals

Biotechnology

Media and Entertainment

Manufacturing

Research and Development

Consumer Goods

Fashion and Luxury

Telecommunications

Gaming

Publishing

Industrial Design

Chemical Industry

Engineering

Relevant Teams

Legal

Intellectual Property

Research and Development

Innovation

Corporate Development

Finance

Commercial

Technology Transfer

Business Development

Compliance

Technical Documentation

Relevant Roles

Legal Counsel

Intellectual Property Attorney

Chief Technology Officer

Research Director

Innovation Manager

Chief Executive Officer

Business Development Manager

Patent Attorney

Licensing Manager

Chief Financial Officer

Head of Research and Development

Commercial Director

Chief Legal Officer

Technology Transfer Manager

IP Portfolio Manager

Industries










Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

Find the exact document you need

Option To Purchase Real Estate Agreement Form

An Austrian law-governed agreement granting the right to purchase specific real estate within a set timeframe under predetermined conditions.

find out more

Land Purchase And Sale Contract

An Austrian law-governed agreement for the transfer of real estate ownership, complying with ABGB requirements and including necessary provisions for land registry registration.

find out more

Horse Purchase Agreement

An Austrian law-governed agreement for the sale and purchase of a horse, detailing terms, conditions, and warranties of the transaction.

find out more

Generic Purchase Agreement For House

Austrian house purchase agreement template compliant with local real estate laws and land registry requirements.

find out more

Letter Of Intent (Real Estate)

An Austrian law-governed preliminary document outlining key terms and conditions for a potential real estate transaction, setting the framework for negotiations and due diligence.

find out more

Buyer Agreement

An Austrian law-governed agreement setting out terms and conditions for the purchase of goods or services between buyer and seller.

find out more

Buy Sell Agreement (Real Estate)

An Austrian law-governed agreement for the sale and purchase of real estate property, requiring notarization and land register registration.

find out more

Option Contract (Real Estate)

An Austrian law-governed agreement granting the exclusive right to purchase specified real estate at predetermined terms within a defined period, subject to Austrian formal requirements and land registration rules.

find out more

Letter Of Intent Commercial (Real Estate)

An Austrian law-governed preliminary document outlining key terms and conditions for proposed commercial real estate transactions, setting the framework for subsequent negotiations.

find out more

Land Purchase Option Agreement

An Austrian law-governed agreement granting an exclusive right to purchase specified real estate within a defined period under preset terms.

find out more

Securities Purchase Agreement

An Austrian law-governed agreement documenting the terms and conditions for the purchase and sale of securities, ensuring compliance with local securities regulations and market requirements.

find out more

Used Car Purchase Agreement

An Austrian law-governed agreement for the sale and purchase of a used vehicle, detailing transaction terms and compliance requirements.

find out more

Car Purchase Contract

An Austrian law-governed agreement for the sale and purchase of motor vehicles, compliant with ABGB and relevant vehicle regulations.

find out more

Sell Agreement

An Austrian law-governed agreement for the sale and purchase of goods, property, or assets, compliant with ABGB requirements.

find out more

Offer To Purchase Agreement

An Austrian law-governed document presenting a formal offer to purchase property or assets, outlining key terms and conditions of the proposed acquisition.

find out more

Letter Of Intent To Purchase

An Austrian-law governed preliminary document expressing serious intent to purchase an asset, property, or business, outlining key terms while maintaining a primarily non-binding nature.

find out more

Option To Buy Agreement

An Austrian law-governed agreement granting the right to purchase an asset at predetermined terms within a specified period.

find out more

Lease Agreement With Option To Purchase

An Austrian law-governed agreement combining property lease terms with an option for the tenant to purchase the property under specified conditions.

find out more

Contract For Selling A Car

An Austrian law-compliant contract template for the sale and purchase of motor vehicles, suitable for both private and commercial transactions.

find out more

Contingent Purchase Agreement

An Austrian law-governed agreement setting out terms for a purchase transaction subject to specific conditions precedent, incorporating Austrian civil and commercial law requirements.

find out more

Conditional Purchase Agreement

An Austrian law-governed agreement for a purchase transaction subject to specific conditions precedent, detailing terms, conditions, and transfer requirements.

find out more

Commercial Real Estate Contract

An Austrian law-governed agreement for the purchase and sale of commercial real estate, incorporating all essential elements required under Austrian property legislation.

find out more

Private Sale Purchase Agreement

An Austrian law-governed agreement documenting the sale and purchase of goods or assets between private parties or businesses, structured according to ABGB requirements.

find out more

Option To Purchase Contract

An Austrian law-governed agreement granting the right to purchase specified property under preset terms within a defined period.

find out more

Letter Of Sales Agreement

An Austrian-law governed letter-format document that formalizes a sales transaction between parties, combining business correspondence with legally binding sales terms.

find out more

Lease With Option To Buy

An Austrian law-governed agreement combining property lease terms with a future purchase option, compliant with ABGB and MRG requirements.

find out more

Land Sales Agreement

An Austrian-law governed agreement for the sale and transfer of real estate property, requiring notarization and land register registration.

find out more

Entity Purchase Buy Sell Agreement

An Austrian law-governed agreement for the purchase and sale of a business entity, detailing all transaction terms and conditions.

find out more

State Price Agreement

An Austrian law-governed agreement establishing standardized pricing and terms between government entities and suppliers for public sector procurement.

find out more

Purchasers Agreement

An Austrian law-governed agreement documenting the sale and purchase of goods, property, or assets, compliant with the ABGB (Austrian Civil Code).

find out more

Real Estate Agreement Of Purchase And Sale

Austrian real estate purchase agreement that facilitates property ownership transfer, requiring notarization and compliance with Austrian property law.

find out more

Used Vehicle Purchase Agreement

An Austrian law-compliant agreement for the sale and purchase of used vehicles, suitable for both private and commercial transactions.

find out more

Hydrogen Purchase Agreement

An Austrian law-governed agreement for the commercial sale and purchase of hydrogen, including delivery, quality, and pricing terms.

find out more

High Purchase Agreement Form

An Austrian-law governed agreement enabling purchase of goods through installments with seller retaining ownership until final payment.

find out more

Home Buyers Agreement

An Austrian property purchase contract that documents the legal transfer of real estate ownership, governed by Austrian civil law and requiring notarization.

find out more

Art Purchase Agreement

An Austrian law-governed agreement for the sale and purchase of artwork, including provisions for authenticity, provenance, and ownership transfer.

find out more

Token Purchase Agreement

An Austrian law-governed agreement establishing terms and conditions for digital token purchases, including regulatory compliance, token specifications, and transaction mechanics.

find out more

Contract For Sale And Purchase

An Austrian law-governed agreement documenting the sale and purchase of goods or property, establishing terms and conditions for ownership transfer.

find out more

Purchasing Agent Agreement

An Austrian law-governed agreement appointing an agent to conduct purchasing activities on behalf of a principal company, setting out their rights, duties, and commercial terms.

find out more

Option Purchase Agreement Film

An Austrian-law agreement granting exclusive rights to purchase film rights to a creative work within a specified period, subject to Austrian copyright and civil law.

find out more
See more related templates

ұԾ’s Security Promise

Genie is the safest place to draft. Here’s how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; ұԾ’s AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

We are ISO27001 certified, so your data is secure

Organizational security:

You retain IP ownership of your documents and their information

You have full control over your data and who gets to see it