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: $530.00
- Avg cost to review an IP Assignment Agreement: $420.00
- Lawyers available: 75 intellectual property lawyers
- Clients helped: 44 recent assignment of intellectual property agreement projects
- Avg lawyer rating: 5.0 (6 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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Meet some of our Assignment Of Intellectual Property Agreement Lawyers
Leonid G.
I have been practicing law since 2018. I used to be a litigator at a nationwide practice before going in-house at a fintech company. I have experience drafting NDAs, SaaS contracts, service agreements, and stock purchase agreements.
"Leonid was amazing. He understood the company ethos, our mission, and how to best update our contracts to serve both. He communicated with me on his progress and stayed within the budget I relayed to him. Will hire again for the next project."
Donya G.
Donya G.
I am a New York and Connecticut–licensed contracts attorney with over 25 years of legal and business experience. I focus on drafting, reviewing, and negotiating commercial agreements, advising small businesses and international brokerage firms — particularly in eCommerce acquisitions. My practice includes asset purchase agreements, master services agreements, operating agreements, employment agreements, and a broad range of commercial contracts, as well as merchant services defense, breach of contract matters and arbitration. I have served as General Counsel to small businesses, a Vice President at an investment bank, a Civil Court Arbitrator and Hearing Officer, and a Judicial Clerk to a Civil Court Judge. My combined legal and business background enables me to deliver practical, strategic counsel tailored to each client’s objectives.
"Thank you for all your help and advice I apprentice your time."
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 was very detailed in his response and explanations. He showed me red flags, potential solutions, and where problems may occur. He explained some high risk clauses that did not make sense and I should not accept. Overall, Morgan saved me from bad business deal when I flagged his concerns to the counterparty. Thanks Morgan!"
Allan K.
After graduating Columbia University and The University of Pennsylvania Law School, Allan Kassenoff spent 25 years as a litigator representing Fortune 100 companies, first at Kaye Scholer, LLP and then as a partner at Greenberg Traurig, LLP. Amongst the many awards he has received over the years, Allan has been named one of the “Leading Litigators in America” by Lawdragon 500 and a “Local/National Litigation Star” by Benchmark Litigation.
"Allan was easy to work with, sharp and responsive. Highly recommend."
Elisher W.
Attorney licensed in Kentucky and Ohio with four years experience in real estate transactional law (commercial and residential), litigation, construction law, and IP licensing. I have substantial experience in drafting and reviewing contracts as complex as billion dollar mining financing down to simple settlement agreements.
May 10, 2025
Chloe S.
Chloe was born in Texas and graduated from the University of Houston, where she earned a Bachelor of Science in Political Science. Following undergrad Chloe relocated to the D.C. area where she worked as a special education teacher before attending law school at Howard University School of Law where she received her J.D. and Georgetown Law Center where she received an L.L.M. in taxation.
Cory B.
Over 10 years as a practicing attorney. Experience in both transactional and litigation matters, with a strong focus on commercial and residential real estate, contract law, business law, estate planning, and probate. Proven success in managing complex legal matters such as title disputes, real estate transactions, business and property acquisitions and sales, due diligence, property management, commercial leasing, evictions, probate disputes, and estate planning. Known for exceptional written and verbal communication, sound judgment, and the ability to guide clients through intricate and high-pressure situations. Ability to analyze and resolve issues efficiently and effectively with a strong focus on client relations and efficient resolution of legal matters.
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"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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ContractsCounsel User
MedoSync
Location: Texas
Turnaround: A week
Service: Contract Review
Doc Type: IP Assignment Agreement
Page Count: 3
Number of Bids: 4
Bid Range: $185 - $700
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