{"id":16711,"date":"2021-08-25T13:00:49","date_gmt":"2021-08-25T12:00:49","guid":{"rendered":"https:\/\/seedlegals.com\/ip-assignment\/"},"modified":"2022-12-21T11:37:38","modified_gmt":"2022-12-21T11:37:38","slug":"ip-assignment","status":"publish","type":"products","link":"https:\/\/seedlegals.com\/ie\/start\/team-agreements\/ip-assignment\/","title":{"rendered":"IP Assignment"},"content":{"rendered":"","protected":false},"featured_media":12273,"parent":16750,"menu_order":80,"template":"","class_list":["post-16711","products","type-products","status-publish","has-post-thumbnail","hentry"],"acf":{"hero":{"layout":"left","background_colour":"start","":null,"subheading_icon":false,"subheading":"IP Assignment Agreement","subheading_tag":"h1","heading":"Create IP Assignments","heading_tag":"h2","content":"<p>Had help with your startup? Nail down intellectual property rights and protect your ideas, designs and secrets with an Intellectual Property Assignment Agreement.<br \/>\n(Good to know: non-disclosure and IP are covered in our <a href=\"https:\/\/seedlegals.com\/start\/team-agreements\/employment-agreement\/\" >Employment Agreements<\/a>.) <\/p>\n","link_1":{"title":"Start free","url":"https:\/\/app.seedlegals.com\/signup","target":"_blank"},"link_1_images":false,"link_2":"","link_2_images":false,"hide_breadcrumbs":false,"is_custom_next_post":false,"custom_next_post":false,"trustpilot_widget":{"visibility":false,"type":"default","custom_code":""},"graphic_type":"image","graphic_width":"","graphic_width_property":"px","graphic":19774,"mobile_fallback":false,"video_file":false,"video_thumbnail":false,"vimeo_url":"","iframe_embed":"","webm_file":false,"add_aspect_ratio":false,"aspect_ratio":"16\/9","form_upload":{"form":{"type":"none","hubspot_form":{"layout":"newsletter","hide_founderinvestor_toggle":false,"default_community":"founder","custom_form_id":"","gdpr_disclaimer":"By subscribing, you agree to receive information from SeedLegals. 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Use our template IP Assignment to clarify that your startup owns work done. Protect your valuable documents, designs and ideas for the future.","link":"","graphic":19780,"use_form":false,"form":{"form":{"type":"none","hubspot_form":{"layout":"newsletter","hide_founderinvestor_toggle":false,"default_community":"founder","custom_form_id":"","gdpr_disclaimer":"By subscribing, you agree to receive information from SeedLegals. You can unsubscribe anytime. View our <a href=\"\/privacy-policy\/\" target=\"_blank\" rel=\"noopener noreferrer\">privacy policy<\/a>"},"custom":{"embed":""},"gtm_form_type":false,"gtm_form_location":false}},"background_color":false,"visibility":true,"shapes":"none","shape_position":"top-left","reverse_content":true,"dark":false,"remove_padding_top":false,"remove_padding_bottom":true,"show_bullet_points":true,"show_blocks":false,"bullets":[{"bullet":"Formally assign IP rights"},{"bullet":"Transfer IP ownership"},{"bullet":"Reassure investors that you're protected"}],"blocks":false}},{"acf_fc_layout":"two_column_content","two_column_content":{"":null,"section_title":"Unlimited free help","heading":"Chat online anytime with our |experts|","content":"Need some help? Not sure if you should use an NDA or IP Assignment? 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View our <a href=\"\/privacy-policy\/\" target=\"_blank\" rel=\"noopener noreferrer\">privacy policy<\/a>"},"custom":{"embed":""},"gtm_form_type":false,"gtm_form_location":false}},"background_color":false,"visibility":true,"shapes":"circle","shape_position":"bottom-left","reverse_content":true,"dark":false,"remove_padding_top":false,"remove_padding_bottom":true,"show_bullet_points":false,"show_blocks":false,"bullets":false,"blocks":false}},{"acf_fc_layout":"faqs","faqs":{"":null,"heading":"FAQs - IP Assignment Agreements","content":"","button":"","button_2":null,"blocks":[{"question":"What is Intellectual Property?","answer":"Intellectual property is something made with the mind, for example:<br \/>\r\n<ul><li>inventions<\/li><li>logos<\/li><li>pieces of writing<\/li><\/ul><br \/>\r\nIP is possibly best known for covering literary and artistic works, which \u2018belong\u2019 to their creator. <br \/>\r\n<br \/>\r\nFor your company, IP means documents, databases, designs, software, symbols, company and product names, and any images you use to promote your business."},{"question":"What are intellectual property rights (IPRs)?","answer":"Intellectual property rights give the creator or owner the exclusive right to use the intellectual property and to earn money from it. <br \/>\r\n<br \/>\r\nEven if someone has created a piece of work for you or for your business, you don\u2019t <em>automatically<\/em> own it unless the IPRs have been transferred in full to you. <br \/>\r\n<br \/>\r\nArranging to have the rights assigned to you is something you should consider, particularly if you\u2019ve had help from friends and family, or you're using freelancers or contractors who haven\u2019t signed a <a href=\"#\">Consultancy Agreement<\/a> or <a href=\"#\">Employment Agreement<\/a> with you."},{"question":"Who owns intellectual property rights?","answer":"The person who created the IP usually owns it, although that\u2019s not always the case. <br \/>\r\nFor example:<br><br \/>\r\n<ul><li>If intellectual property is created by an employee as part of their job and they have an <a href=\"#\">Employment Agreement<\/a> in place, the IP is presumed to be owned by the employer.<\/li><br \/>\r\n<li>If IP rights have been registered, the person or entity named on the register owns those rights. They are the only party with the right to transfer ownership.<\/li><\/ul><br \/>\r\nLet\u2019s say a contractor or freelancer creates a logo or design for your business. They automatically own the copyright unless they (the <b>assignor<\/b>) specifically transfer it to you (the <b>assignee<\/b>). When the IP is assigned to you, you own it and you get to decide who can use it, how and when.<br \/>\r\n<br \/>\r\nIP Assignment doesn\u2019t have to be via a standalone IP Assignment Agreement, it could be covered in the <a href=\"#\">Consultancy Agreement<\/a> a freelancer signs with you. "},{"question":"What IP rights can be transferred?","answer":"There are different types of intellectual property rights including:<br \/>\r\n<ul><li>patents<\/li><li>copyrights<\/li><li>trademarks<\/li><li>industrial designs<\/li><li>geographical indications<\/li><li>trade secrets<\/li><\/ul>There are also registered and unregistered design rights. "},{"question":"What is an IP Assignment document?","answer":"An Intellectual Property Assignment Agreement sets out in writing that the creator or owner of the IP is transferring the ownership (the rights, title and interests) of some specific work they create to a named person or company. <br \/>\r\n<br \/>\r\nThe document includes \u2018warranties\u2019, these are statements which promise that certain conditions are true. For example, one warranty might confirm that the assignor is the sole owner and therefore has the right to transfer the IPRs. If it turns out that the assignor isn\u2019t the sole owner, then the assignee could sue the assignor who could be liable to pay damages.<br \/>\r\n<br \/>\r\nSometimes you\u2019ll make a payment as part of the transfer. The fee could be a nominal sum or the amount originally agreed as payment for the services."},{"question":"Why do I need an IP Assignment Agreement?","answer":"When you first start building your business, there can be a number of people working on your products and other intellectual property, such as your website, logo and designs. These might be co-founders, team members, advisors, freelancers or contractors, or even friends and family.<br \/>\r\n<br \/>\r\nEven if they\u2019re creating work that\u2019s clearly for you or your business, it doesn\u2019t <em>belong<\/em> to you unless the ownership has been properly and formally transferred to you in writing. When you create an IP Assignment Agreement with SeedLegals, it ensures that any work others do for you, even if it was before your company was officially incorporated, belongs solely to your company. <br \/>\r\n<br \/>\r\nAn IP Assignment Agreement shows a clear intention to transfer the rights to you and can help you avoid potential disputes in the future. Without this agreement, or if the IP rights aren\u2019t assigned correctly, you could end up in an expensive legal mess, and that could make your company a worrying prospect for investors."},{"question":"","answer":""},{"question":"","answer":""},{"question":"","answer":""},{"question":"","answer":""},{"question":"","answer":""},{"question":"","answer":""},{"question":"","answer":""},{"question":"","answer":""}]}}],"ctas":{"hide_default_benefits_block":false,"hide_default_customers_testimonial":true,"hide_default_two_col_cta":true}},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.1 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>IP Assignment - Intellectual Property Agreements | SeedLegals<\/title>\n<meta name=\"description\" content=\"Customise our IP Assignment Agreements for your company. View sample terms, create and sign your own agreements. 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