This document is an agreement for the assignment of intellectual property, pursuant to a business or company sale agreement.
Practitioners will need to review the relevant business sale agreement to determine whether there are any specific requirements in relation to intellectual property contained in that agreement.
This document assumes that all warranties and consideration are covered in the business sale agreement, and that this agreement will be used on the public register for recording the assignment of intellectual property.
For a business sale agreement concerning the sale of assets, see the separate precedents “Business sale agreement – sale of assets (short form)” and “Business sale agreement – sale of assets (long form)”.
This document has been authored for Lexis Nexis by Rosalyn Gladwin, Principal, Gladwin Legal.
This document is prepared with the assistance of Specialist Editor Murray Landis, Partner, K&L Gates.