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Intellectual Property Assignment Agreement Template for Ireland

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Key Requirements PROMPT example:

Intellectual Property Assignment Agreement

"I need an Intellectual Property Assignment Agreement to transfer all IP rights, including software patents and source code, from my tech startup to a large multinational buyer, with completion scheduled for March 2025 and including provisions for ongoing technical support during the transition period."

Document background
The Intellectual Property Assignment Agreement is a crucial legal instrument used when transferring ownership of intellectual property rights in Ireland. It is commonly employed in various scenarios, including company acquisitions, employee inventions, technology transfers, and commercial transactions where IP assets need to be transferred. The document ensures compliance with Irish intellectual property laws and relevant EU regulations, providing a clear framework for the complete transfer of IP rights. It includes essential elements such as identification of the IP being transferred, warranties of ownership, consideration details, and mechanisms for protecting both parties' interests. This agreement is particularly important in Ireland's growing technology and innovation sectors, where intellectual property transfers are frequent and need to be properly documented to ensure legal certainty and protection.
Suggested Sections

1. Parties: Identification of the Assignor and Assignee with full legal names and addresses

2. Background: Context of the assignment, relationship between parties, and purpose of the transfer

3. Definitions: Definitions of key terms including types of IP being transferred, Effective Date, and other relevant terms

4. Assignment: Core provision transferring all right, title, and interest in the IP from Assignor to Assignee

5. Consideration: Details of payment or other consideration for the assignment

6. Further Assurance: Obligation to execute additional documents and take necessary steps to perfect the assignment

7. Warranties and Representations: Assignor's warranties regarding ownership, right to assign, no encumbrances, and third-party rights

8. Waiver of Moral Rights: Where applicable, waiver of moral rights in copyright works

9. Indemnification: Assignor's obligation to indemnify Assignee against third-party claims

10. Governing Law and Jurisdiction: Specification of Irish law as governing law and Irish courts' jurisdiction

Optional Sections

1. Employee/Contractor Obligations: Additional provisions where the Assignor is/was an employee or contractor

2. Registration: Specific provisions for IP rights requiring registration, used when registered IP is involved

3. Confidentiality: Obligations regarding confidential information, used when sensitive information is involved in the transfer

4. Tax Provisions: Specific tax-related provisions, used for high-value transfers or international assignments

5. Prior Rights: Provisions dealing with pre-existing rights, used when there's a history of IP development

6. Future Rights: Provisions for future developments or improvements, used when ongoing development is expected

7. Third Party Rights: Provisions addressing any third-party licenses or permissions, used when third-party rights exist

8. Survival: Specifying which provisions survive completion of the assignment, used in complex transactions

Suggested Schedules

1. Schedule 1 - Intellectual Property Rights: Detailed list and description of all IP being assigned, including registration numbers where applicable

2. Schedule 2 - Assignment Forms: Forms required for recording the assignment at relevant IP offices

3. Schedule 3 - Existing Licenses: List of existing licenses, permissions, or encumbrances affecting the IP

4. Schedule 4 - Payment Terms: Detailed payment schedule and mechanisms if payment is not made in full at completion

5. Appendix A - Technical Documentation: Technical descriptions or documentation relating to the assigned IP

6. Appendix B - Prior Rights Documentation: Documentation evidencing chain of title or prior rights

Authors

Alex Denne

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

Relevant legal definitions


































Clauses


























Relevant Industries

Technology

Software Development

Biotechnology

Pharmaceutical

Manufacturing

Research & Development

Media & Entertainment

Education

Healthcare

Telecommunications

Financial Services

Engineering

Creative Industries

Consumer Goods

Industrial Design

Relevant Teams

Legal

Intellectual Property

Research and Development

Innovation

Business Development

Commercial

Technology Transfer

Corporate Development

Licensing

Patents

Executive Leadership

Company Secretariat

Relevant Roles

Legal Counsel

Intellectual Property Lawyer

Patent Attorney

Technology Transfer Officer

Research Director

Chief Technology Officer

Innovation Manager

Business Development Manager

Commercial Director

CEO

Research Scientist

IP Portfolio Manager

Licensing Manager

Contract Manager

General Counsel

Company Secretary

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

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