The Confirmatory Assignment Of Intellectual Property Rights is a crucial document used in situations where parties need to formally confirm and reinforce a previous transfer of IP rights under Indonesian law. This document type is particularly relevant when there are questions about the clarity or completeness of previous IP transfers, during due diligence processes, or when seeking to register IP rights with the Indonesian DGIP. It's commonly used in corporate restructuring, mergers and acquisitions, or when updating historical IP documentation. The document addresses requirements under various Indonesian IP laws, including Law No. 13 of 2016 on Patents, Law No. 28 of 2014 on Copyright, and Law No. 20 of 2016 on Trademarks. It provides detailed confirmation of the IP rights transferred, the effective date of the original transfer, and includes necessary provisions for local registration and compliance.
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1. Parties: Identification of the Assignor and Assignee, including full legal names, registration numbers, and addresses
2. Background: Context of the original transfer of IP rights and reason for confirmatory assignment
3. Definitions: Key terms used in the agreement, including specific IP rights, Prior Agreement(s), and Effective Date
4. Confirmation of Assignment: Explicit confirmation of the previous transfer of IP rights and the effective date of such transfer
5. Rights Assigned: Detailed description of the IP rights being confirmed as transferred, including all associated rights and goodwill
6. Consideration: Confirmation of consideration already paid or additional consideration if applicable
7. Further Assurance: Assignor's commitment to execute additional documents and assist with IP rights registration
8. Representations and Warranties: Assignor's confirmations regarding ownership, right to assign, and absence of encumbrances
9. Registration: Provisions regarding registration of the assignment with Indonesian DGIP
10. Governing Law and Jurisdiction: Specification of Indonesian law as governing law and jurisdiction for disputes
1. Third Party Rights: Required if there are any licenses or other third-party rights affecting the IP
2. Tax Provisions: Include if there are specific tax implications or arrangements regarding the assignment
3. Confidentiality: Include if there is sensitive information beyond what will be publicly registered
4. Moral Rights: Required for copyright works where moral rights are relevant
5. Foreign Registration: Include if the IP rights extend beyond Indonesia and require foreign registrations
6. Prior Agreement Amendment: Include if the original agreement requires modification or clarification
1. Schedule 1 - IP Rights: Detailed list and description of all IP rights being confirmed as transferred, including registration numbers
2. Schedule 2 - Prior Agreement: Copy or details of the original agreement or transfer document being confirmed
3. Schedule 3 - Existing Licenses: List of any existing licenses or encumbrances affecting the IP rights
4. Appendix A - Power of Attorney: Required for registration purposes with Indonesian DGIP
5. Appendix B - Chain of Title: Documentation showing ownership history of the IP rights
Relevant legal definitions
Clauses
Relevant Industries
Technology
Manufacturing
Pharmaceuticals
Software Development
Creative Industries
Research and Development
Biotechnology
Media and Entertainment
Consumer Goods
Education
Professional Services
Relevant Teams
Legal
Intellectual Property
Research and Development
Innovation
Corporate Secretariat
Compliance
Technology Transfer
Business Development
Patents
Trademarks
Relevant Roles
Chief Legal Officer
Intellectual Property Counsel
Legal Director
Corporate Secretary
Patent Attorney
Trademark Attorney
Research Director
Chief Technology Officer
Innovation Manager
Legal Counsel
Compliance Officer
IP Portfolio Manager
General Counsel
Technology Transfer Officer
Business Development Director
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