Patent Application Assignment Agreement

A patent is a legal device given to an inventor that prohibits others from profiting from an invention. Most inventors file a patent application with the United States Patent and Trademark Office (USPTO) in order to protect their rights in the invention. This Patent Application Assignment Agreement is between the owner of a patent application (“Assignor”) and a party who wishes to acquire the rights in the application (“Assignee”). This assignment sets out the terms of the arrangement including a brief description and name of the invention. This type of transaction should be memorialized in writing and recorded with the USPTO. A written Patent Application Assignment Agreement will be useful in the event there are disagreements between the parties regarding the patent application.

This Patent Application Assignment Agreement contains the following:

• Parties: Identities of Assignor and Assignee;
• Patent Application: Brief description of the invention, patent application number and name of the invention;
• Payment: Amount paid by Assignee for the patent application and how this amount will be paid;
• Assignor’s Representations: Assignor warrants that it has legal rights to assign the patent application;
• Signatures: Assignee and Assignor must sign the assignment agreement in the presence of a notary.

Protect your rights and your property by using our professionally-prepared up-to-date forms.

This attorney-prepared packet contains:

1. General Instructions
2. General Information
3. Patent Application Assignment Agreement

State Law Compliance: This form complies with the laws of all states

Form Preview   Add to cart

Add to cart

Our Promise to You:
We provide accurate, legal and secure forms. All of our forms are prepared by attorneys, can be downloaded and accessed immediately, and are backed by a 100% money back guarantee - if you are dissatisfied, in any way, you get your money back.

* According to the 2007 Altman Weil Survey of Law Firm Economics, the average attorney rate is $252.50 per hour.

$19.95

An attorney would charge
$378.75 to draft this form*

Add to cart

• State:

   All
  

  Number of Pages:

   5

• File Types Included:

  
  √ Microsoft Word
  √ Adobe PDF
  √ WordPerfect
  √ Rich Text Format
  

• Compatible with:

  Windows and Mac OS