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Every business owner needs a copyright transfer agreement to ensure ownership of their logo. For instance, Sweetwater Brewing, which sold for $300 million, originally had a family friend design their logo for $500. Since the friend was not required to transfer copyright ownership, they retained rights to the logo. When the brewing company sold, the friend filed a lawsuit for copyright infringement, claiming $31 million. This highlights the importance of having a clear contractual agreement to transfer copyright to avoid potential legal issues and financial loss in the future.