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Transfer Of Rights Agreement Template
I need a Transfer of Rights Agreement Template to transfer ownership of our company's software patents and associated intellectual property rights to a tech startup, with completion scheduled for March 2025 and including specific provisions for ongoing technical support during the transition.
1. Parties: Identifies and defines the parties to the agreement
2. Background: Explains the context and purpose of the transfer
3. Definitions: Defines key terms used throughout the agreement
4. Rights Being Transferred: Detailed description of the rights being transferred
5. Consideration: Details of payment or other consideration for the transfer
6. Effective Date: When the transfer takes effect
7. Warranties: Promises about ownership and authority to transfer
8. Governing Law: Specifies applicable law and jurisdiction
1. Due Diligence: Used when detailed investigation of rights is needed before transfer - typically for complex transfers or high-value rights
2. Regulatory Compliance: Special provisions for compliance with specific regulatory requirements when regulated assets or rights are involved
3. Third Party Consents: Requirements and processes for obtaining third party approvals when rights involve third party interests
4. Transitional Arrangements: Temporary measures during transfer period for complex transfers requiring phased implementation
1. Schedule of Rights: Detailed listing of all rights being transferred
2. Asset Register: Inventory of associated assets if applicable
3. Due Diligence Results: Findings from any due diligence exercises
4. Required Consents: List of necessary third party approvals
5. Transfer Documents: Forms and certificates required to effect transfer
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