¶¶Òõ¶ÌÊÓƵ

All Countries
Real Estate
Software Ownership Agreement

Software Ownership Agreement Template for England and Wales

Create a bespoke document in minutes,  or upload and review your own.

4.6 / 5
4.8 / 5

Let's create your Software Ownership Agreement

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

Get your first 2 documents free

Your data doesn't train Genie's AI

You keep IP ownership of your information

Key Requirements PROMPT example:

Software Ownership Agreement

"I need a Software Ownership Agreement to transfer ownership of our company's inventory management software to a large retail chain, including all source code and documentation, with completion planned for March 2025 and a 3-month transition period for knowledge transfer."

Celebrated by
Collaborations with
Investors
Document background
The Software Ownership Agreement is used when transferring complete ownership rights of software from one entity to another. This comprehensive agreement, governed by English and Welsh law, is essential when companies wish to acquire full control and rights over software assets. The document covers the transfer of all intellectual property rights, source code, documentation, and related materials. It includes provisions for payment terms, warranties, ongoing support (if applicable), and ensures compliance with relevant legislation including the Copyright, Designs and Patents Act 1988 and data protection laws. This agreement is particularly crucial in corporate acquisitions, software company sales, or when development agencies transfer rights to their clients.
Suggested Sections

1. Parties: Identification and details of the contracting parties

2. Background: Context of the agreement and relationship between parties

3. Definitions: Key terms used throughout the agreement

4. Ownership Rights: Clear statement of ownership of software, source code, and related materials

5. Transfer of Rights: Terms of transfer of intellectual property rights

6. Warranties: Guarantees regarding ownership and right to transfer

7. Payment Terms: Financial considerations and payment schedule

8. Governing Law: Specification of applicable law and jurisdiction

Optional Sections

1. Transition Services: Terms for knowledge transfer and handover - used when technical handover is required

2. Third Party Rights: Handling of third-party components - used when software includes third-party elements

3. Maintenance Period: Terms for post-transfer support - used when ongoing support is part of the deal

4. Data Protection: Specific data protection obligations - used when personal data is processed by the software

Suggested Schedules

1. Schedule 1: Software Description: Detailed technical description of the software

2. Schedule 2: Intellectual Property Rights: List of all IP rights being transferred

3. Schedule 3: Third Party Components: List of third-party software components and licenses

4. Schedule 4: Technical Documentation: List of all documentation being transferred

5. Appendix A: Payment Schedule: Detailed payment terms and milestones

Authors

Alex Denne

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

alex.den.21@genieai.co
Relevant legal definitions




































Clauses



































Industries

Copyright, Designs and Patents Act 1988: Primary legislation governing software protection as literary work, including copyright ownership rights, duration of protection, and provisions for assignment and licensing

Trade Marks Act 1994: Legislation covering protection of software branding and associated marks, including registration requirements

Patents Act 1977: Legislation governing software-related inventions and patent protection considerations

Data Protection Act 2018 and UK GDPR: Legal framework for data protection, relevant if the software processes personal data, including obligations and compliance requirements

Common Law Contract Principles: Fundamental legal principles including offer, acceptance, consideration, intention to create legal relations, and capacity to contract

Sale of Goods Act 1979: Legislation governing quality requirements and fitness for purpose in sales contracts

Consumer Rights Act 2015: Consumer protection legislation relevant if software is sold to consumers

Companies Act 2006: Corporate law framework relevant when parties are companies, including authority to enter into agreements

Competition Law: Legal framework governing anti-competitive provisions and market dominance considerations

ICO Guidelines: Regulatory guidelines from the Information Commissioner's Office regarding data protection and privacy

FCA Regulations: Financial Conduct Authority regulations applicable if the software is used in financial services

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

Software Ownership Agreement

find out more

Shared Ownership Lease Agreement

find out more

Shared Ownership Contract

find out more

Partnership Payment Agreement

find out more

Partnership Contract Agreement

find out more

Ownership Percentage Agreement

find out more

Ownership Agreement LLC

find out more

Organisation Partnership Agreement

find out more

New Partnership Agreement

find out more

Intellectual Property Ownership Agreement

find out more

Film Ownership Agreement

find out more

Dog Ownership Agreement

find out more

Creative Partnership Agreement

find out more

Company Ownership Contract

find out more

Company Ownership Agreement

find out more

Car Ownership Contract

find out more

Car Ownership Agreement

find out more

Boat Joint Ownership Agreement Contract

find out more

Business Ownership Agreement

find out more

Brand Ownership Agreement

find out more

Aircraft Joint Ownership Agreement

find out more

Artwork Ownership Agreement

find out more

Dog Ownership Contract

A legally binding agreement under English and Welsh law governing the transfer of dog ownership and associated responsibilities.

find out more

Equal Ownership Contract

A legally binding agreement under English and Welsh law establishing equal ownership rights and responsibilities between multiple parties in a business venture.

find out more

Corporation Ownership Agreement

A legal agreement governing corporate ownership and shareholder relationships under English and Welsh law.

find out more

Corporation Partnership Agreement

A legal agreement governing partnerships between corporate entities under English and Welsh law, establishing rights, obligations, and operational framework.

find out more

Generic Partnership Agreement

A legal document under English and Welsh law establishing the terms and conditions of a business partnership between two or more parties.

find out more

Joint Sale Agreement Property

A legal agreement for property sale by multiple owners under English and Welsh law.

find out more

Startup Business Partnership Agreement

A legal agreement under English and Welsh law that establishes the terms and conditions for partners in a startup business venture.

find out more

Partnership Share Agreement

A legally binding agreement under English and Welsh law that establishes partnership ownership terms, rights, and obligations.

find out more

Mutual Partnership Agreement

A legal agreement under English law establishing terms and conditions for business partners to operate jointly.

find out more

Fractional Ownership Agreement

An English law agreement governing shared ownership of property or assets, detailing rights, responsibilities, and management arrangements between co-owners.

find out more

Operating Partnership Agreement

A legal agreement governing partnership operations and relationships between partners under English and Welsh law.

find out more

Co Ownership Business Agreement

A legally binding agreement under English law that establishes terms and conditions for shared business ownership between multiple parties.

find out more

Beneficial Owner Agreement

A legal document under English and Welsh law that establishes and documents beneficial ownership arrangements and associated rights and obligations.

find out more

Sales Partnership Agreement

A legally binding agreement under English and Welsh law that establishes terms between a company and its sales partners.

find out more

Property Sharing Agreement

A legal agreement under English and Welsh law establishing rights and responsibilities between property co-owners.

find out more

Partnership Investment Agreement

A legal agreement governing partnership investments under English and Welsh law, establishing terms for capital contribution, management, and profit sharing.

find out more

Joint Purchase Agreement

A legal agreement under English and Welsh law establishing terms for joint purchase and ownership of assets between multiple parties.

find out more

Download our whitepaper on the future of AI in Legal

By providing your email address you are consenting to our Privacy Notice.
Thank you for downloading our whitepaper. This should arrive in your inbox shortly. In the meantime, why not jump straight to a section that interests you here: /our-research
Oops! Something went wrong while submitting the form.

³Ò±ð²Ô¾±±ð’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; ³Ò±ð²Ô¾±±ð’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

Our bank-grade security infrastructure undergoes regular external audits

We are ISO27001 certified, so your data is secure

Organizational security

You retain IP ownership of your documents

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

Innovation in privacy:

Genie partnered with the Computational Privacy Department at Imperial College London

Together, we ran a £1 million research project on privacy and anonymity in legal contracts

Want to know more?

Visit our for more details and real-time security updates.

Read our Privacy Policy.

Draft quality legal agreements or review documents in 3 minutes

BlogAbout UsCareers

Templates

Short-Form Directors Loan AgreementMandate Letter (Best Efforts)Drawdown Request (Borrower to Lender)Promissory Note (UK)Letter of Waiver (Loan)Finance Legal Templates

Industries

Legal Services

Limited Power of AttorneyBasic Binding Side LetterLetter of IntentNon Binding Comfort LetterDeed of Surrender (Lease)Templates for Lawyers

Manufacturing

Manufacturing Legal Templates

Construction

Letter of Claim (Pre-Action Protocol)Tenancy at WillSection 146 Notice (Remedy Breach of Lease)Notice Of Forfeiture Of Lease By LandlordLease Report (Long Form)Construction Legal Templates

Solutions

Use Cases

Company Types

Comparisons

Business Categories

Teams

Information

© 2024 ¶¶Òõ¶ÌÊÓƵ. All rights reserved