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[Music] what is an intellectual property assignment agreement an IP assignment agreement or IP transfer agreement is a contract that transfers rights to intellectual property from the creator to another entity such as your holding company it ensures that your startup owns the IP and not the founders advisors consultants or other third parties who have wiped for your business when do you need an IP assignment agreement typically founders work individually or as a group to create IP then they incorporate companies to commercialize that IP you need to protect the IP which has been developed for your startup because this is what gives value to your holding company what does the Clara IP assignment agreement do the assignment clauses state that the ownership of the IP is transferred from the creator to your holding company there must be an exchange of value for the transfer which may take the form of money employment property or other things in Claras IP assignment agreement the considera
