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Edit Intellectual Property Assignment Agreement Template

Aug 6th, 2022

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How to Edit Intellectual Property Assignment Agreement Template

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An IP assignment agreement, also known as an IP transfer agreement, is a contract that transfers intellectual property rights from the creator to another entity, such as a holding company. This agreement ensures that the startup retains ownership of the IP, rather than the founders or external parties. Typically, founders develop IP before incorporating companies to commercialize it, necessitating the protection of this valuable asset. The Clara IP assignment agreement specifies that ownership of the IP is transferred to the holding company, requiring an exchange of value—potentially in the form of money, employment, property, or other considerations—for the transfer to be valid.

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