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Deed Of Assignment Of Copyright
"I need a Deed of Assignment of Copyright for transferring ownership of my software application to a technology company in Bangalore, with payment to be made in three installments and the final transfer to be completed by March 2025."
1. Parties: Identification of the Assignor (copyright owner) and Assignee with full legal names and addresses
2. Background: Context of the assignment, including details of the work's creation and current ownership
3. Definitions: Definitions of key terms used in the deed, including 'Work', 'Intellectual Property Rights', 'Copyright', etc.
4. Assignment: Clear statement of transfer of copyright ownership and all associated rights
5. Consideration: Details of the payment or other consideration for the assignment
6. Warranties and Representations: Assignor's warranties regarding ownership, right to assign, non-infringement, etc.
7. Further Assurance: Obligation to execute additional documents and take necessary steps to perfect the assignment
8. Waiver of Moral Rights: Express waiver of moral rights to the extent permitted by law
9. Indemnity: Assignor's indemnification of Assignee against third-party claims
10. Governing Law and Jurisdiction: Specification of Indian law as governing law and jurisdiction for disputes
11. Execution: Signature blocks with witness requirements and attestation
1. Registration and Recordal: Provisions regarding copyright registration and recordal of the assignment, used when the work is or will be registered
2. Retained Rights: Details of any rights retained by the Assignor, used in partial assignments
3. Royalties: Terms for ongoing payments, used when the assignment includes royalty arrangements
4. Confidentiality: Obligations regarding confidential information, used when sensitive information is involved
5. Territory Restrictions: Geographical limitations on the assignment, used for territory-specific transfers
6. Survival: Provisions that continue after completion, used for complex assignments with ongoing obligations
1. Schedule 1 - Description of Works: Detailed description of the copyright works being assigned, including creation date, registration details if any
2. Schedule 2 - Payment Terms: Detailed breakdown of consideration, payment schedule, and payment methods
3. Schedule 3 - Retained Rights: Specific details of any rights retained by the Assignor, if applicable
4. Schedule 4 - Existing Licenses: List of any existing licenses or permissions granted to third parties
5. Schedule 5 - Copyright Registrations: Details of any copyright registrations or applications for the works
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