Company Letterhead
{{company_name}}
{{company_address}}
Phone: {{phone}}
Email: {{email}}
Website: {{website}}
ASSIGNMENT OF COPYRIGHT
This ASSIGNMENT OF COPYRIGHT (the “Agreement”) is made and entered into as of this {{day}} day of {{month}}, {{year}} (the “Effective Date”), by and between:
{{Assignor_name}}, a company duly incorporated under the laws of {{assignor_jurisdiction}}, with its principal place of business at {{assignor_address}} (the “Assignor”);
AND
{{Assignee_name}}, a company duly incorporated under the laws of {{assignee_jurisdiction}}, with its principal place of business at {{assignee_address}} (the “Assignee”).
The Assignor and Assignee are collectively referred to as the “Parties” and individually as a “Party.”
RECITALS
WHEREAS, the Assignor is the sole and exclusive owner of all rights, title, and interest in and to the copyrightable work described in Schedule A attached hereto (the “Work”);
WHEREAS, the Assignor desires to assign, and the Assignee desires to acquire, all rights, title, and interest in and to the copyright in the Work.
ASSIGNMENT
For good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the Assignor hereby irrevocably assigns, transfers, and conveys to the Assignee, its successors and assigns, all of the Assignor’s right, title, and interest in and to the copyright in the Work, throughout the world, including, without limitation, all rights of reproduction, distribution, public performance, public display, and the right to prepare derivative works based upon the Work, and all other rights granted under copyright law.
This assignment includes any and all applications, registrations, and renewals of copyright now or hereafter existing with respect to the Work, and the right to sue for past, present, and future infringements of the copyright.
REPRESENTATIONS AND WARRANTIES OF ASSIGNOR
The Assignor hereby represents and warrants to the Assignee that:
a) The Assignor is the sole and exclusive owner of all rights, title, and interest in and to the copyright in the Work and has the full power and authority to enter into this Agreement and to make the assignment contemplated herein.
b) The Work is original and does not infringe upon any copyright, patent, trademark, trade secret, or other proprietary right of any third party.
c) There are no existing or threatened claims, litigation, or other proceedings that may affect the Assignor’s ownership of the copyright in the Work or the Assignee’s enjoyment of the rights assigned hereunder.
d) All necessary assignments and instruments of transfer have been executed and delivered to ensure that the Assignor has full legal and beneficial ownership of the Work.
CONSIDERATION
In consideration for the assignment of copyright hereunder, the Assignee shall pay to the Assignor the sum of {{amount}} ({{currency}}) (the “Assignment Fee”). The Assignment Fee shall be paid as follows: {{payment_terms}}.
FURTHER ASSURANCES
The Assignor agrees to execute and deliver any and all further documents, instruments, and agreements, and to take all further actions, as may be reasonably requested by the Assignee, at the Assignee’s expense, in order to vest in the Assignee the full benefit of the rights assigned hereunder, including, without limitation, filing any necessary documents with copyright offices in any jurisdiction.
GOVERNING LAW AND DISPUTE RESOLUTION
This Agreement shall be governed by and construed in accordance with the laws of {{governing_law_jurisdiction}}.
Any dispute arising out of or in connection with this Agreement, including any question regarding its existence, validity, or termination, shall be referred to and finally resolved by arbitration in {{arbitration_location}} in accordance with the rules of the {{arbitration_body}} for the time being in force, which rules are deemed to be incorporated by reference in this clause.
ENTIRE AGREEMENT
This Agreement constitutes the entire agreement between the Parties with respect to the subject matter hereof and supersedes all prior and contemporaneous agreements and understandings, whether written or oral, relating to such subject matter.
SIGNATURES
IN WITNESS WHEREOF, the Parties have executed this Assignment of Copyright as of the Effective Date first written above.
_____________________________
Assignor: {{Assignor_name}}
By: {{Assignor_signature}}
Name: {{Assignor_signatory_name}}
Title: {{Assignor_signatory_title}}
Date: {{assignor_date}}
_____________________________
Assignee: {{Assignee_name}}
By: {{Assignee_signature}}
Name: {{Assignee_signatory_name}}
Title: {{Assignee_signatory_title}}
Date: {{assignee_date}}
**SCHEDULE A: DESCRIPTION OF THE WORK**
{{description_of_work}}
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