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Transfer Of Copyright Agreement Template for India

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Key Requirements PROMPT example:

Transfer Of Copyright Agreement

"I need a Transfer of Copyright Agreement for transferring ownership of my software application to a tech company, including all source code and documentation, with a provision for royalty payments of 5% on net sales for the first three years."

Document background
The Transfer of Copyright Agreement is a crucial legal instrument used in India when copyright owners wish to transfer their intellectual property rights to another party. This document is essential in situations ranging from authors selling their works to publishers, to software developers transferring their code to employers or clients. The agreement must comply with the Indian Copyright Act of 1957, particularly Section 19, which mandates specific requirements for copyright assignments. It should detail the work being transferred, the scope of rights being assigned, territorial extent, duration, and consideration. The document serves as a permanent record of the transfer and protects both parties' interests by clearly defining the terms of the assignment, including any reservations or limitations on the transfer.
Suggested Sections

1. Parties: Identification of the copyright owner (Assignor) and the recipient (Assignee) with complete details as required for legal documentation

2. Background: Context of the agreement, brief description of the work, and the parties' intention to transfer copyright

3. Definitions: Definitions of key terms used in the agreement, including 'Work', 'Intellectual Property Rights', 'Effective Date', etc.

4. Subject Matter of Assignment: Detailed specification of the copyright work(s) being transferred

5. Rights Assigned: Comprehensive list of rights being transferred, including reproduction, distribution, adaptation rights etc.

6. Scope of Assignment: Territorial extent, duration, and nature of rights transfer (exclusive/non-exclusive) as required by Section 19 of the Copyright Act

7. Consideration: Details of payment or other consideration for the copyright transfer

8. Assignor's Warranties: Warranties regarding ownership, originality, non-infringement, and right to transfer

9. Delivery of Materials: Provisions regarding the transfer of physical or digital materials related to the work

10. Moral Rights: Acknowledgment of author's special rights under Section 57 of the Copyright Act

11. Registration: Provisions for copyright registration and cooperation in registration process

12. Governing Law: Specification of Indian law as governing law and jurisdiction details

13. Execution: Signature blocks and execution formalities

Optional Sections

1. Royalty Provisions: Used when the transfer includes ongoing royalty payments instead of or in addition to one-time payment

2. Reserved Rights: When certain rights are specifically retained by the Assignor

3. Future Works: When the agreement covers works to be created in the future

4. Confidentiality: When specific confidentiality obligations need to be imposed

5. Indemnification: Detailed indemnification provisions for specific identified risks

6. Right of First Refusal: When Assignee is given priority rights for future works

7. Reversion Rights: Conditions under which rights might revert to the Assignor

Suggested Schedules

1. Schedule A - Description of Work: Detailed description of the copyright work(s) being transferred, including any registration details

2. Schedule B - Payment Terms: Detailed payment schedule, especially if involving installments or royalties

3. Schedule C - Existing Licenses: List of any existing licenses or permissions that will survive the transfer

4. Schedule D - Delivery Schedule: Detailed timeline and format specifications for delivery of work and related materials

5. Appendix 1 - Copyright Registration Documents: Copies of existing copyright registration certificates or applications

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


































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Relevant Industries

Publishing

Media and Entertainment

Software and Technology

Education

Arts and Culture

Music Industry

Film and Television

Digital Media

Gaming

Advertising

Photography

Literature

Relevant Teams

Legal

Intellectual Property

Business Affairs

Rights Management

Content Acquisition

Publishing

Creative Services

Software Development

Compliance

Contract Administration

Corporate Secretarial

Product Development

Relevant Roles

Legal Counsel

Intellectual Property Lawyer

Copyright Attorney

Contracts Manager

Legal Director

Business Affairs Manager

Rights Manager

Content Acquisition Manager

Publishing Manager

Creative Director

Author

Artist

Software Developer

Company Secretary

Compliance Officer

Literary Agent

Product Manager

IP Portfolio Manager

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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