Create a bespoke document in minutes, or upload and review your own.
Get your first 2 documents free
Your data doesn't train Genie's AI
You keep IP ownership of your information
Intellectual Property assignment agreement
I need an intellectual property assignment agreement to transfer ownership of a patent from an individual inventor to a company, ensuring all rights are fully assigned and including clauses for confidentiality and future cooperation in case of patent disputes. The agreement should comply with Indonesian intellectual property laws and include a clear payment structure for the assignment.
What is an Intellectual Property assignment agreement?
An Intellectual Property assignment agreement transfers ownership of creative works, inventions, or other IP rights from one party to another, typically from an employee or contractor to their company. Under Indonesian law, these agreements help businesses protect valuable assets like patents, trademarks, and copyrighted materials that fall under Law No. 28 of 2014 on Copyright.
Companies in Indonesia's tech, creative, and manufacturing sectors rely on these agreements to ensure they own the IP their teams develop. The agreement specifies which intellectual assets are being transferred, when the transfer takes effect, and any payment terms. It also helps prevent future ownership disputes by clearly documenting that creators have given up their rights to the IP.
When should you use an Intellectual Property assignment agreement?
Use an Intellectual Property assignment agreement when hiring employees or contractors who will create valuable IP during their work. This is especially crucial for Indonesian tech startups, software companies, and creative agencies where developers, designers, or content creators regularly produce copyrightable works or patentable innovations.
The agreement needs to be in place before work begins on any significant IP projects. Common trigger points include onboarding new technical staff, starting R&D initiatives, or engaging freelancers for creative projects. Indonesian companies expanding internationally particularly benefit from having these agreements ready, as they help protect IP rights across borders and prevent costly ownership disputes.
What are the different types of Intellectual Property assignment agreement?
- Proprietary Information And Invention Assignment Agreement: Comprehensive agreement covering both trade secrets and future inventions, commonly used by tech companies
- IP Transfer Agreement: Broad-scope agreement for transferring multiple types of IP rights, ideal for business acquisitions or mergers
- Transfer Of Copyright Ownership Form: Focused specifically on copyright transfers for creative works, popular in media and publishing
- Copyright Assignment Form: Simplified version for single-work copyright transfers, often used with freelancers
- Transfer Of Intellectual Property Agreement: Detailed agreement covering multiple IP categories with specific transfer terms
Who should typically use an Intellectual Property assignment agreement?
- Technology Companies: Use Intellectual Property assignment agreements to secure ownership of software, algorithms, and innovations developed by their teams
- Creative Agencies: Require these agreements when working with designers, writers, and artists to ensure client deliverables are fully owned
- Corporate Legal Teams: Draft and review agreements to protect company IP assets and ensure compliance with Indonesian IP laws
- Startup Founders: Implement these agreements early to establish clear IP ownership before seeking investment or expansion
- Independent Contractors: Sign these agreements when creating intellectual property for clients, transferring their rights in exchange for payment
- Research Institutions: Use them to secure rights to innovations and discoveries made by researchers and development teams
How do you write an Intellectual Property assignment agreement?
- Identify IP Assets: List all intellectual property to be transferred, including patents, copyrights, trademarks, or trade secrets
- Gather Party Details: Collect complete legal names, addresses, and roles of all parties involved in the IP transfer
- Define Transfer Scope: Specify exact rights being transferred and any limitations under Indonesian IP laws
- Payment Terms: Document agreed compensation, payment schedule, and any ongoing royalties or fees
- Effective Date: Determine when the transfer takes effect and include any relevant transition periods
- Local Requirements: Ensure compliance with Indonesian language requirements and registration procedures
- Review Process: Our platform generates customized agreements that meet all legal requirements while preventing common drafting errors
What should be included in an Intellectual Property assignment agreement?
- Identification Section: Clear details of all parties, including full legal names and addresses as required by Indonesian law
- IP Description: Detailed inventory of intellectual property being transferred, with registration numbers where applicable
- Transfer Terms: Explicit language confirming the complete transfer of rights under Law No. 28 of 2014
- Consideration Clause: Clear statement of payment or other value exchanged for the IP transfer
- Warranties: Seller's confirmation of IP ownership and right to transfer
- Governing Law: Specific reference to Indonesian jurisdiction and applicable IP regulations
- Execution Block: Signature spaces with proper witness provisions per local requirements
- Language Compliance: Bilingual format (Indonesian and English) as required by Law No. 24 of 2009
What's the difference between an Intellectual Property assignment agreement and an Intellectual Property Agreement?
An Intellectual Property assignment agreement differs significantly from an Intellectual Property Agreement in several key ways. While both deal with IP rights under Indonesian law, they serve distinct purposes and operate differently in practice.
- Ownership Transfer: IP assignment agreements permanently transfer ownership of specific IP assets, while IP agreements typically outline usage rights and protection terms without changing ownership
- Duration: Assignments are permanent and irreversible transfers, whereas IP agreements often have defined terms and can be terminated
- Scope of Rights: Assignment agreements transfer all rights completely to the new owner, while IP agreements may grant limited licenses or partial rights
- Legal Registration: Under Indonesian law, assignments must be registered with relevant IP offices for patents and trademarks, while general IP agreements typically don't require official registration
- Payment Structure: Assignments usually involve one-time payments, while IP agreements might include ongoing royalties or periodic fees
Download our whitepaper on the future of AI in Legal
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
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.