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An IP assignment agreement is a contract that transfers rights to intellectual property from the creator to another entity, such as your holding company. This ensures that your startup owns the IP and not the founders, advisors, consultants, or other third parties involved. Typically, founders create IP individually or as a group, then incorporate companies to commercialize that IP. The Clara IP assignment agreement specifies that ownership of the IP is transferred from the creator to your holding company, with consideration exchanged in the form of money, employment, property, or other things. This agreement is important for protecting the value of your startup.
