Parties

• Assignor (transferring party, seller)
• Assignee (receiving party, purchaser)

When To Use

For use in transferring a joint ownership interest in copyrights in computer software programs and related documentation from an owner (Assignor) to an Assignee.

Assignor transfers to Assignee an undivided joint ownership interest; and Assignor retains an undivided joint ownership interest.

For an Assignment that transfers all rights of ownership of copyrights and other intellectual property rights, see our Copyright Assignment (All Rights).

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This is not a static downloadable form -- my embedded logic selects, orders, arranges, and formats my carefully worded clauses from the ContractMaker database and "intelligently" assembles your document -- you're empowered to create a near-custom agreement with 1000's of meaningful variations.

Features And Options

• Analogous to a deed in real estate for the transfer of tenancy in common rights; this is the legal instrument that conveys joint ownership of Intellectual property to the Assignee and retains joint ownership in the Assignor
• Both Assignor and Assignee waive their right to an accounting of profits from the other
• Option for non-competition covenant to protect Assignor's retained interest

Unlimited Drafting Benefit

One of the great benefits of our ContractMaker service is that if you're not sure how to structure your transaction, or if you want to develop "fall back" positions for negotiation purposes, you may draft alternate variations of this document at no extra charge to assist you in developing your strategies.