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_______________, referred to as INVENTOR, and ________________, referred to as PURCHASER, in consideration of $_______________ (_____________________ &___/100 dollars) agree:
INVENTOR assigns to PURCHASER, and their heirs and assigns, all rights related to U.S. Patent Serial No._____________________, for an invention described as ________________________________, including rights to apply for a patent or to practice the invention worldwide.
INVENTOR warrants that the title to the patent is free and clear and that INVENTOR is not aware of any adverse claims thereto and shall defend the patent at its expense.
1. Notices.
Any notice required by this Agreement or given in connection with it, shall be in writing and shall be given to the appropriate party by personal delivery or a recognized over night delivery service such as FedEx.
If to Purchaser: _____________________________________________________.
If to Inventor: ___________________________________________________.
2. No Waiver.
The waiver or failure of either party to exercise in any respect any right provided in this agreement shall not be deemed a waiver of any other right or remedy to which the party may be entitled.
3. Entirety of Agreement.
The terms and conditions set forth herein constitute the entire agreement between the parties and supersede any communications or previous agreements with respect to the subject matter of this Agreement. There are no written or oral understandings directly or indirectly related to this Agreement that are not set forth herein. No change can be made to this Agreement other than in writing and signed by both parties.
4. Governing Law.
This Agreement shall be construed and enforced according to the laws of the State of ____________________ and any dispute under this Agreement must be brought in this venue and no other.
5. Headings in this Agreement
The headings in this Agreement are for convenience only, confirm no rights or obligations in either party, and do not alter any terms of this Agreement.
6. Severability.
If any term of this Agreement is held by a court of competent jurisdiction to be invalid or unenforceable, then this Agreement, including all of the remaining terms, will remain in full force and effect as if such invalid or unenforceable term had never been included.
In Witness whereof, the parties have executed this Agreement as of the date first written above.
_________________________ _______________________
Inventor Purchaser
___________________
Date
__________________________
Witness
Patent AssignmentReview List
This review list is provided to inform you about this document in question and assist you in its preparation. This Patent Assignment can be used and revised for an assignment of any intellectual property rights. This agreement provides for an outright purchase. This is much less subject to dispute than royalty or installment purchases, which often wind up in dispute and litigation. This is a clean-cut agreement subject to virtually no dispute. We strongly recommend you use it on both sides of the transaction.
1. Make multiple copies. Keep copies in the appropriate related files.
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Who is assignee of the patent?
The "assignee" of a patent is the person or legal entity that has received ownership of the patent by an "assignment", i.e., a transfer of "all right, title and interest" from a previous owner having the necessary authority.
A patent may be granted by US Patent and Trademark Office to a corporation?
Technically, a patent is granted to the inventors, but in practice, the corporation that employs the inventors owns the invention, the application and the resulting patents, if any, through an "assignment of rights" filed in the USPTO.
How can a UK inventor get a false registration of assignment of a granted US patent investigated by USPTO?
The form below may be of help.
If I pay for 50 percent of all patent and attorney fees and the patent is issued do I have any rights to the patent?
No you do not unless specifically agreed to by the patent assignee (the inventor(s) if no assignment has been made) or unless it is by virtue of community property. In the event of community property ownership, the extent of the rights to royalties is determined by the courts who consider multiple factors, such as stage of development.
What is an assignee of record?
An assignee of record is an individual or entity to whom ownership rights of a patent or trademark have been legally transferred. Once an assignment is recorded with the relevant patent or trademark office, the assignee becomes the official owner of the intellectual property rights.
What is an assignment of intellectual property?
Assignment of Intellectual Property It is a transfer of ownership of intellectual property rights from one entity to another, often required to be written and signed. Assignable intellectual property rights include, among other things: copyright, patent or trademark registration or a pending patent or trademark application, unpatented inventions and designs, unregistered trademarks, trade secrets, certain asexually created plants, semiconductor mask works, commercial publicity rights of a person's name or likeness, and the rights to pursue protection or enforcement of any of those rights domestically or in other jurisdictions. The United States Patent and Trademark Office recommends recording assignments of patent or trademark rights with the USPTO Assignment Services Division to maintain clear title to pending applications and registrations. The Copyright Office maintains a service for recording transfers or exclusive licenses of copyrights. There are important legal technicalities that go along with certain types of assignments and a qualified attorney should be consulted. For example, an assignment of a trademark without the associated "business goodwill" can be fatal to further enforcement of the trademark. Similarly, imperfect assignment of inventions by all involved inventors may undermine future rights to enforce a patent. It should also be noted that such transfers may take more time then imagined. Attorneys and even court procedures may have an impact.
Difference between patent and patent pending?
A patent is a grant from a patent office, such as the United States Patent Office. "Patent Pending" is a phrase that an application for a patent has been filed and is in some stage in the process of obtaining a patent. Thus, a patent can be presently enforced while a patent that is merely pending is unenforceable but can mature into a patent that can be enforced. Once the pending patent matures, the patent owner can sue for back damages or reasonable royalties starting from the filing date of the patent.
Is there any training on how to get a patent from the patent office?
There are not training offered from the patent office on getting a patent. The patent office advises you to seek guidance from a trademark/patent attorney. A good attorney is highly suggested by the patent office. As a convenience, they have a roster of local Patent Attorneys.
What did Albert Einstein invent?
Einstein was best known as a theoretical physicist, but working in a patent office in Germany, he also became a less well known inventor. In physics, Albert Einstein is responsible for developing his Special and General Theories of Relativity (E=Mc2), and he did some important work on the photoelectric effect.He co-invented a type of refrigerator with no moving parts; patent number 1781541. An electromagnetic pump; patent number GB303065, a self adjusting camera; patent number US2058562, and a sound replication device; patent number DE590783. Along with dozens of other patents worldwide.Its no that he had invented anything really, because he is a physcist, but he had come up with E=mc squared. And the relevance between light and its reflection.
What is patent revocation?
Patent revocation is the removal of patent protection from an invention.
Patent number on antique ..how to look up the original patent?
If it is a U.S. patent, you can go to the USPTO website for patent searches and enter the number in "patent number search".
Is there a patent for donuts?
No, there is not and cannot be such a patent.
