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Patent Transfer Agreement
"I need a Patent Transfer Agreement to transfer ownershIP of our biotech patent portfolio (3 granted patents) to a pharmaceutical company, with completion scheduled for March 2025 and including provisions for technical support during the transition period."
1. Parties: Identification and details of the transferor and transferee
2. Background: Context of the transfer and brief descrIPtion of the patent(s)
3. Definitions: Key terms used tHRoughout the agreement
4. Subject Matter of Transfer: Detailed descrIPtion of the patent(s) being transferred
5. Transfer and Assignment: Core transfer provisions and effective date
6. Consideration: Payment terms and amounts
7. Representations and Warranties: Standard warranties regarding ownershIP, validity, and encumbrances
8. Registration and Formalities: Obligations regarding IPOS registration and documentation
9. Governing Law and Jurisdiction: Singapore law provisions and dispute resolution
1. Further Assurance: Additional actions parties may need to take to complete the transfer
2. Confidentiality: Provisions for maintaining confidentiality of the transfer and related information
3. Tax Provisions: Allocation of tax liabilities and responsibilities between parties
4. Related Rights: Transfer of associated rights or know-how related to the patent
5. Transition Support: Technical assistance or knowledge transfer provisions for complex technologies
1. Patent Details Schedule: Full technical and registration details of patent(s) being transferred
2. Payment Schedule: Detailed payment terms and installments if applicable
3. Form of Patent Assignment: Official assignment form for IPOS registration
4. Related Rights Schedule: Details of any associated rights or know-how being transferred
5. Existing Licenses Schedule: List of existing licenses or encumbrances affecting the patent
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