The Assignment And License Of Copyright agreement is essential when transferring ownership of copyrighted works in the United States while maintaining specific usage rights through licensing provisions. This document is commonly used in corporate acquisitions, content creation partnerships, or when monetizing intellectual property. It ensures compliance with federal copyright law and state contract requirements while clearly defining the scope of rights transferred and licensed, payment terms, and ongoing obligations of all parties.
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1. Parties: Identification of the assignor (copyright owner) and assignee
2. Background: Context of the assignment and description of the copyrighted works
3. Definitions: Key terms used throughout the agreement including 'Works', 'Intellectual Property Rights', and 'Assignment Date'
4. Assignment: Express transfer of copyright ownership and all associated rights
5. Consideration: Payment or other value exchanged for the assignment
6. Warranties and Representations: Assignor's guarantees regarding ownership, right to transfer, and non-infringement
7. Governing Law: Jurisdiction governing the agreement and dispute resolution provisions
1. License Back: Provisions allowing assignor to continue using the work in specified ways when needed
2. Moral Rights: Treatment of attribution and integrity rights, particularly relevant for visual arts
3. Registration: Obligations and procedures regarding copyright registration with the US Copyright Office
4. Future Works: Provisions covering assignment of works not yet created in ongoing creative relationships
1. Schedule of Works: Detailed list and description of copyrighted works being assigned
2. Schedule of Payments: Payment terms, amounts, and schedule if applicable
3. Schedule of Existing Licenses: List of pre-existing licenses or encumbrances on the works
4. Schedule of Registration Certificates: Copies of copyright registration certificates where applicable
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