Assignment of Intellectual Property Agreement: Definition, Terms, Example
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Quick Facts — Assignment Of Intellectual Property Agreement Lawyers
- Avg cost to draft an IP Assignment Agreement: $870.00
- Avg cost to review an IP Assignment Agreement: $570.00
- Lawyers available: 89 intellectual property lawyers
- Clients helped: 60 recent assignment of intellectual property agreement projects
- Avg lawyer rating: 5.0 (10 reviews)
What is an Assignment Of Intellectual Property Agreement?
An assignment of intellectual property agreement is a contract that transfers the intellectual property rights (For example, patents, trademarks, industrial designs, or copyrights.) from the creator to another entity. The intellectual property rights holder may transfer all or part of their rights. The transfer of intellectual property rights is made upon a payment of a lump sum or royalties.
Employees hired for research and development roles or other technical areas sign intellectual property assignment agreements to assign to the company any ideas, work products, or inventions related to the company business that they may create during their employment.
Common Sections in Assignment Of Intellectual Property Agreements
Below is a list of common sections included in Assignment Of Intellectual Property Agreements. These sections are linked to the below sample agreement for you to explore.
Assignment Of Intellectual Property Agreement Sample
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1)
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Provisional
Patent No. 60/754,436, filed Dec. 28, 2005, entitled “Apparatus and Method
for Controlling Autonomous and Assisted GPS Modes in a Wireless Mobile
Terminal”; and
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2)
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Provisional
Patent No. 60/754,350, filed Dec. 28, 2005, entitled “Wireless Mobile
Terminal Using Sensors for Controlling Autonomous and Assisted GPS
Modes”.
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1)
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One
or more inventions disclosed in the invention disclosure document
entitled
“RF Mesh-based Assisted Location
Elements”;
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2)
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One
or more inventions disclosed in the invention disclosure document
entitled
“ReFLEX Campus Operations For aGPS”;
and
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3)
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Method
of Interoperation Between Wireless LAN (802.11/WiFi) and Public Data
Networks (ReFLEX and Others) c/w Support for Assisted
GPS”.
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Reference:
Security Exchange Commission - Edgar Database, EX-10.2 5 gabriel_ex1002.htm ASSIGNMENT OF INTELLECTUAL PROPERTY, Viewed October 21, 2021, View Source on SEC.
Who Helps With Assignment Of Intellectual Property Agreements?
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Morgan S.
Corporate Attorney that represents startups, businesses, investors, VC/PE doing business throughout the country. Representing in a range of matters from formation to regulatory compliance to financings to exit. Have a practice that represents both domestic and foreign startups, businesses, and entrepreneurs. Along with VC, Private Equity, and investors.
"Morgan delivered far beyond the price point. He didn't just review our investor package — he caught gaps two other reviewers missed (including a top-tier venture firm we benchmarked him against), rebuilt the custom documents to professional standard, and added missing closing mechanics we didn't even know we needed: the 83(b) election, escrow instructions, stock assignment. He pushed back on his own client when the documents said otherwise — that's the lawyer you want. §144 analysis citing the 2025 Delaware reform, triple anti-broker-dealer protections, a related-party ARR cap he invented on his own — depth you'd expect at five times the fee, closed out with a proper written memo on firm letterhead. The timeline ran a bit longer than planned in places, but the result was more than worth it: every item closed, every question answered, the whole package consistent and ready to sign. Very happy overall — would hire again, and our next project is already queued."
Grace C.
Grace C.
I’m Grace E. Carlson, an intellectual property & transactional attorney, founder of aTMospheric IP, LLC, with over 6 years of combined law firm and in-house experience. I help businesses, startups, creators, and entrepreneurs draft, review, and negotiate commercial contracts while protecting their brands and innovations. My expertise includes SaaS agreements, MSAs, NDAs, licensing contracts, vendor and partnership agreements, as well as comprehensive trademark strategy, copyright matters, AI-related IP issues, and technology transactions. I’ve supported global companies including Robinhood, Iron Mountain, and Microsoft, and provided flexible in-house counsel through Axiom Law across fintech, SaaS, consumer goods, and data center industries. Known for translating complex legal issues into clear, practical solutions, I focus on delivering contracts that reduce risk, support go-to-market strategies, and scale with your business. Whether you need a custom SaaS agreement, trademark-integrated contracts, or AI compliance review, I provide responsive, business-minded counsel. Bar Admissions: Washington (2020) & Oregon (2021) J.D., Seattle University School of Law Let’s get your contracts and IP protections done right — efficiently and effectively.
"Grace was wonderful to work with and helped me write a solid contract for my practice. I look forward to working with them again on future projects."
Forest H.
Forest Hamilton is the founder of ContractsCounsel Law. He is a business and transactional attorney whose practice centers on the contracts companies and entrepreneurs rely on every day. He drafts, reviews, and negotiates operating agreements, asset and membership-interest purchase agreements, master services and supply agreements, NDAs, employment and contractor agreements, and commercial leases. Forest has handled many acquisitions of online businesses, including Amazon FBA brands, Shopify stores, and YouTube channels. He also advises on business formation, capital raising, commercial real estate, oil and gas matters, and estate planning. His clients range from first-time founders to established companies and investors across the U.S. and abroad. On every matter, Forest aims for a clear, practical document that protects the client’s position without creating friction in the deal. He began his career in commercial litigation in Florida and has advised businesses from Nashville since 2005. He is licensed in Tennessee, Florida, and Texas.
"Forrest had been very helpful to work with in several areas."
Rhea d.
Rhea de Aenlle is a business-savvy attorney with extensive experience in Privacy & Data Security (CIPP/US, CIPP/E), GDPR, CCPA, HIPAA, FERPA, Intellectual Property, and Commercial Contracts. She has over 25 years of legal experience as an in-house counsel, AM Law 100 firm associate, and a solo practice attorney. Rhea works with start-up and midsize technology companies.
"Rhea is amazing to work with! We are happy she is working with our company. Very experienced IP Lawyer with attractive pricing. Thank you Rhea!!"
Bryan B.
Experienced attorney and tax analyst with a history of working in the government and private industry. Skilled in Public Speaking, Contract Law, Corporate Governance, and Contract Negotiation. Strong professional graduate from Penn State Law.
"It was a pleasure working with Bryan. I highly recommend Bryan and will use his services in the future."
David B.
A twenty-five year attorney and certified mediator native to the Birmingham, Alabama area.
"David was able to meet my turnaround time and still do a thorough job and provide great feedback on my document."
Rebecca S.
I absolutely love helping my clients buy their first home, sell their starters, upgrade to their next big adventure, or transition to their next phase of life. The confidence my clients have going into a transaction and through the whole process is one of the most rewarding aspects of practicing this type of law. My very first class in law school was property law, and let me tell you, this was like nothing I’d ever experienced. I remember vividly cracking open that big red book and staring at the pages not having the faintest idea what I was actually reading. Despite those initial scary moments, I grew to love property law. My obsession with real estate law was solidified when I was working in Virginia at a law firm outside DC. I ran the settlement (escrow) department and learned the ins and outs of transactions and the unique needs of the parties. My husband and I bought our first home in Virginia in 2012 and despite being an attorney, there was so much we didn’t know, especially when it came to our HOA and our mortgage. Our real estate agent was a wonderful resource for finding our home and negotiating some of the key terms, but there was something missing in the process. I’ve spent the last 10 years helping those who were in the same situation we were in better understand the process.
"Rebecca you were awesome I appreciate you working with me and helping me get this done. I look forward to working with you in the future."
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Browse Lawyers NowLawyer Reviews for Assignment Of Intellectual Property Agreement Projects
Design IP assignment, circumvention, Manufacturing Agreements
"Took less than 1 hour to get a call from Benjamin after I submitted the inquiry. I was in a rush to get 3 documents in a day since I had a deadline. He listened to my concerns well and he assured me he got all my documents ready to move forward. Although I was a bit worried about the results, as it was my first time using contractscounsel and Benjamin, I got my documents done the next day. I am actually very happy and grateful the high quality and prompt work. I will get Benjamin's help again and he well deserves my 5 star review."
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"Lori was very clear and practical, and she provided exactly the guidance I needed to move this project forward confidently."
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"Great Work and absolutely exactly what I asked for."
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"Would recommend and hopefully will work together in the future, great explanations, great contract, great guy."
Quick, user friendly and one of the better ways I've come across to get ahold of lawyers willing to take new clients.
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ContractsCounsel User
IP Protection for Product Development
Location: Florida
Turnaround: Less than a week
Service: Drafting
Doc Type: IP Assignment Agreement
Number of Bids: 5
Bid Range: $250 - $750
ContractsCounsel User