Updated October 04, 2021
An intellectual property (IP) assignment agreement transfers the ownership of a “creation of the mind” to someone else. The giving party (assignor) will transfer the intellectual property in exchange for payment to the receiving party (assignee). Common examples would include technology and inventions.
Examples of Intellectual Property (IP)
- Apps;
- Copyrights;
- Designs;
- Inventions;
- Logos;
- Patents;
- Proprietary assets;
- Software;
- Trademarks (service marks);
- Trade names (DBA’s);
- Website; and
- Works of authorship.